• How the Math Works for Non-Financial Service Companies

    As you probably deduced from the picture above, I’m in Chicago for Bank Director’s annual Chairman & CEO Peer Exchange.  While the conversations between peers took place behind closed doors, we teed things up with various presentations.  An early one — focused on FinTech — inspired today’s post and this specific question: as a bank executive,… Continue Reading

  • Risk Management: Most Certainly An Ongoing Process

    Banks increasingly rely on complex models to support economic, financial and compliance decision-making processes. With the full board of a bank ultimately responsible for understanding an institution’s key risks — and credibly challenging management’s assessment and response to those risks — today’s column shares eight considerations that KPMG wrote for board members as they evaluate their risk oversight.

  • Finding That Competitive (FinTech) Edge

    On a flight to Boston yesterday morning, I found myself reading various research and analyst reports about forces effecting change on the banking community.  As Bruce Livesay, executive vice president and chief information officer for First Horizon National Corp. in Memphis, Tennessee recently shared with our team, “you can’t have a discussion about banking without having a discussion… Continue Reading

  • Be Skeptical, Diligent and Courageous

    While much of Nashville took a snow day, I had the pleasure of spending time with bankers from across the country (who beat this morning’s storm) at the historic Hermitage Hotel for Bank Director’s annual Bank Board Training Forum.  Admittedly, I sometimes take for granted that a board of directors is responsible for monitoring financial… Continue Reading

  • You’re Never Too Experienced

    A man who views the world the same at fifty as he did at twenty, has wasted thirty years of his life. Muhammad Ali certainly spoke the truth when he shared this thought in 1975 — and he makes a compelling case for attending an event like tomorrow’s Bank Board Training Forum at the historic Hermitage Hotel… Continue Reading

  • Keeping Up With JPMorgan Chase

    As much as executives at community banks need to focus on the emerging challenges posed by non-bank competitors, so too are the priorities of the globally systemic banks like Citi, BNY Mellon and JPMorgan Chase important to understand.  So file today’s post under “know thy enemy….” At a time when many community bank CEOs sweat margin compression, efficiency improvements… Continue Reading