Podcasts about bank director

Welcome back to Bank Nerd Corner, featuring yours truly and #1 among all bank nerds, Kiah Haslett, Banking and Fintech Editor at Bank Director. By the time you're reading this, we've had ~3 weeks of “fun” updates from the CFPB, and we have a lot to unpack! First up, who actually wants the CFPB gone? Gutting the CFPB won't end consumer protection; it just shifts the burden. Funny how the loudest CFPB critics are the ones who profit most from consumer confusion. Even some bank execs admit the CFPB keeps markets fair. Referees are annoying, but you don't want a game without them. Next, it seems like regulators care again about de novo banks (a topic we touched on 18 months ago but hey, who's counting?). Post-crisis regulations, slow approvals, and a weaker market for bank sales have made starting a new bank a very tough sell. Plus, new banks are facing VC-style growth pressure, often relying on risky funding just to stay afloat. But it's not just community banks pushing for change—fintechs want in, too. So, why are fintechs suddenly advocating for more de novo charters? And did fintech and BaaS make them obsolete by offering a faster, more efficient path to scaling and returns? Switching gears: debanking raises serious questions about how reputation factors into bank risk evaluations. If reputation matters, can't it be weaponized? Crypto wasn't changing the world, but regulators fumbled debanking. Transparency is key—if it's a “no,” just say it, don't dodge FOIA requests. Kiah nails it with this analogy: Crypto is like BaaS. Both used middleware to scale quickly, but while crypto's risks were obvious, BaaS flew under the radar—until Synapse and cease-and-desists made it impossible to ignore. And finally, the unanswerable question of the week: what's FinCEN actually doing? Banks still can't warn each other about fraud. FinCEN hoards data for law enforcement but isn't required to use it. So, what's the point? Sign up for Alex's Fintech Takes newsletter for the latest insightful analysis on fintech trends, along with a heaping pile of pop culture references and copious footnotes. Every Monday and Thursday: https://workweek.com/brand/fintech-takes/ And for more exclusive insider content, don't forget to check out my YouTube page.   Follow Kiah: LinkedIn: https://www.linkedin.com/in/khaslett/ Twitter: https://twitter.com/khaslett   Follow Alex:  YouTube: https://www.youtube.com/channel/UCJgfH47QEwbQmkQlz1V9rQA/videos LinkedIn: https://www.linkedin.com/in/alexhjohnson Twitter: https://www.twitter.com/AlexH_Johnson

Hello, and welcome back to Bank Nerd Corner, the first Bank Nerd Corner of 2025. I'm Alex Johnson, joined as always by the brilliant Kiah Haslett, Banking and Fintech Editor at Bank Director.  Here's what we're unpacking this week. First up, the CFPB has sued the biggest names in banking—Bank of America, Wells Fargo, JPMorgan Chase—along with Early Warning Services (EWS), the backbone of Zelle, for allegedly dropping the ball on fraud protections. With over $870M lost to scams since 2017, we're asking: Are banks scapegoats for a bigger mess involving social media and telecoms? Ultimately, how much consumer protection is enough—and who pays the price? Next up, two cases—Loper Bright (aka Loper Bright Enterprises v. Raimondo) and Jarkesy (aka SEC v. Jarkesy)—are shaking up regulatory agencies like the Fed and FDIC. Are we going to see a power shift or a regulatory takedown? If the Fed blinks first, do banks get to rewrite the rules—and does "too big to fail" become DIY? Then there's the disclosure debate. Can companies like Zelle or the FDIC "warn away" liability with fine print? If streamlined experiences make users vulnerable, will regulators demand clearer disclosures? Is it the end of seamless user experience...and trust as we know it? Finally, don't miss our 2025 predictions. Could Capital One acquiring Discover signal a regulatory shift favoring big bank M&A? Will a fintech actually grab a bank charter this year?  Oh hello, New Year; you're going to be wild!

Most New Zealanders are still keen on using physical cash, a new Reserve Bank consultation has found. Their online survey drew in over 18,000 respondents, with many worried digital money would replace banknotes and coins. The central bank's Director of Money and Cash, Ian Woolford, says people are worried about privacy and control when it comes to money. "It's a personal choice - money is quite a personal thing and it's quite natural for people to have concerns about people monitoring their use." LISTEN ABOVESee omnystudio.com/listener for privacy information.

Most New Zealanders are still keen on using physical cash, a new Reserve Bank consultation has found. Their online survey drew in over 18,000 respondents, with many worried digital money would replace banknotes and coins. The central bank's Director of Money and Cash, Ian Woolford, says people are worried about privacy and control when it comes to money. "It's a personal choice - money is quite a personal thing and it's quite natural for people to have concerns about people monitoring their use." LISTEN ABOVESee omnystudio.com/listener for privacy information.

EP 54 - This week I'm joined by Tasneem Bhamji, the Digital Engagement Director at Lloyds Banking Group, as she discusses what really matters for career growth! We discuss her rules for building amazing teams, how to stand out from the crowd and the most important skills needed to progress in your career.FOLLOW ►Instagram: www.instagram.com/wmbfdpod/Twitter: twitter.com/wmbfdpodLinkedin: www.linkedin.com/in/bayo-adeoshun-32583156/

Welcome back to Bank Nerd Corner, featuring yours truly and #1 among all bank nerds, Kiah Haslett, Banking and Fintech Editor at Bank Director. First up, we're breaking down the FDIC's latest proposed rule, which tightens the screws on custodial accounts. Spoiler alert: Kiah's got some strong opinions on whether smaller banks should be held to different standards in the Banking-as-a-Service (BaaS) space—and trust me, she's not buying it. In BaaS, complexity is part of the deal—size doesn't matter. Just look at SVB's crash when it tried to level up its asset thresholds.  Next, we're diving into the flood of fintech “ecosystem standards” cropping up everywhere. Are these self-policed initiatives legit or just smoke and mirrors?  And don't miss Kiah's spicy rant about Mercury joining the Coalition for Financial Ecosystem Standards (CFES) and claiming they "take compliance seriously." Instead of owning up to their growth obsession, they should be saying, "We messed up, but now we get it—compliance matters!" It's time for fintechs to be accountable for their remediation efforts. Compliance isn't just lip service—step up and pay up. We'll round it off with two burning questions: What exactly qualifies as a “bank service company,” and do fintech innovations like Buy Now, Pay Later (BNPL) and Earned Wage Access (EWA) count as loans?  The answers might surprise you, but one thing's for sure—getting your paycheck faster shouldn't come with a price tag. Sign up for Alex's Fintech Takes newsletter for the latest insightful analysis on fintech trends, along with a heaping pile of pop culture references and copious footnotes. Every Monday and Thursday: https://workweek.com/brand/fintech-takes/ And for more exclusive insider content, don't forget to check out my YouTube page.   Follow Kiah: LinkedIn: https://www.linkedin.com/in/khaslett/ Twitter: https://twitter.com/khaslett   Follow Alex:  YouTube: https://www.youtube.com/channel/UCJgfH47QEwbQmkQlz1V9rQA/videos LinkedIn: https://www.linkedin.com/in/alexhjohnson Twitter: https://www.twitter.com/AlexH_Johnson

In This Episode Warning: Extra spice added -- new sauces and participants! The stream of consent orders against banks that offer BaaS continues. Fintech partner banks drew 1/3 of all formal enforcement orders by federal banking agencies in the 4th quarter of 2023, that's quite a bit when you consider that fintech partner banks only account for roughly 3% of all U.S. banks. BaaS is here to stay -- it's a great way for community banks to grow, big banks are already on board and will do more, and entrepreneurs will want to continue to create better banking experiences which means they'll need to partner with banks. Jason Henrichs brings you our latest Hot Takes with regulars Kiah Haslett, Bank Director; Alex Johnson, Fintech Takes; and Jason Mikula, Fintech Business Weekly, as they are joined by Barb MacLean, SVP, Head of Tech Operations & Implementation, Coastal Community Bank and Allen Denson, Partner, Litigation, Morgan, Lewis & Bockius, LLP.  The flaming hot panel discusses why BaaS is facing regulatory headwinds, what banks should do, and how the North Star needs to be a BaaS solution that provides the optimal blend of technology and compliance, all while having some fun. From the stage of FinovateFall we bring you this episode of Breaking Banks. https://youtu.be/Fk01H61HlJc

Welcome back to Bank Nerd Corner, featuring yours truly and the brilliant Kiah Haslett, Banking and Fintech Editor at Bank Director. First up: Kiah breaks down why "FBO" accounts need a rebrand as "Fintech Custody Accounts" (FCA) to better reflect today's BaaS landscape. Could this shift in lingo actually improve transparency in managing fintech partnerships? Next, they dive into the Federal Open Market Committee's looming rate cut decision, the first since 2020. With excitement brewing over potential mortgage rate dips, what will the impact be on commercial real estate and shrinking bank margins? How will the rate cut reshape the lending landscape?  Finally, courtesy of the Synapse-Evolve Case,they dive into the FDIC's new rule on tighter fintech ledger controls—arguably the most exciting regulatory shakeup you didn't know you cared about. Plus, how the OCC's shift toward prioritizing financial health over traditional safety metrics could reshape banking. Are banks ready to monitor financial well-being like doctors track vital signs?  Tune in to find out! 00:01:03: Call FBOs By Their Name: FCAs 00:07:49: Fed Rate Cuts: Central Bank Showdown 00:28:06 The FDIC's New Rule 00:49:04 Why Is The OCC So Focused On Financial Health? Sign up for Alex's Fintech Takes newsletter for the latest insightful analysis on fintech trends, along with a heaping pile of pop culture references and copious footnotes. Every Monday and Thursday: https://workweek.com/brand/fintech-takes/ And for more exclusive insider content, don't forget to check out my YouTube page.   Follow Kiah: LinkedIn: https://www.linkedin.com/in/khaslett/ Twitter: https://twitter.com/khaslett   Follow Alex:  YouTube: https://www.youtube.com/channel/UCJgfH47QEwbQmkQlz1V9rQA/videos LinkedIn: https://www.linkedin.com/in/alexhjohnson Twitter: https://www.twitter.com/AlexH_Johnson

In This Episode Come for the expert views on how the Synapse bankruptcy has led to regulatory consent orders for three banks (so far), stay to find out what happens when two regulatory lawyers and a self-declared ‘bank nerd' editor break down the issues and the lessons for the rest of the industry. Matt Janiga from Trustly, Jesse Silverman from Troutman Pepper, and Kiah Haslett from Bank Director dive deep into what went wrong on the bank side, and what banks need to do to avoid a similar fate. Jesse has ideas for a better regulatory system, and says banks need to think beyond disclosures. Matt says banks need to step up their AML/BSA compliance systems and not try to do too much at once. Kiah gives a little history lesson and goes on a rant about how much of banks' risk management systems are anything but. Everyone agrees with JP that banks keep stumbling over well-known issues, and that the risks of inaction are too big to ignore.

Join us for Part 1 of a Travillian Next special featuring John Maxfield, the Founder of Maxfield on Banks. Maxfield on Banks is a well-regarded substack where John shares his expertise to help others master the principles of exceptional banking. John brings a wealth of experience from his roles at Bank Director, the Wilmers Integrity Prize, and The Motley Fool, where he currently serves as the Senior Banking Specialist. The conversation explores the unique dynamics of the banking industry and the exceptional leaders within it, emphasizing the importance of resiliency, commitment to fiduciary duty, and the ability to learn and grow as key elements of effective leadership in banking. John dives into the importance of the ability to learn, grow, and be reprogrammed for leaders in the banking industry, noting that exceptional leaders often emerge from modest backgrounds or have experienced hardship early in life. …and that's not all! This is just the beginning—be sure to watch until the end to build anticipation for the exciting guest coming in part two next week! Hint: The mystery guest - a recently retired CEO - is an old friend of John's, has appeared on stage with him at AOBA, and just finished a stellar 37-year tenure at his bank.

In This Episode In this episode Jason Henrichs and Kiah Haslett, Bank Director's Banking and Fintech Editor riff on FBO (For Benefit Of) accounts, implications for banks, banking as a service and the future of fintech. Then, Jason connects with Paul Davis, Founder, The Bank Slate about fintech partnerships, future landscape, consent orders and AI in banking.

The Reserve Bank's opened consultation on the possibility of a government-backed digital currency.   The central bank is currently researching such an option.   It would be used alongside physical cash.   Director of Money and Cash Ian Woolford told Mike Hosking their view is that there's not enough innovation and efficiency in the financial system.   He says they hope a central bank digital cash will spur this.  LISTEN ABOVE See omnystudio.com/listener for privacy information.

In this episode Kiah Lau Haslett, the banking and fintech editor for Bank Director magazine, discusses her report “Artificial Intelligence, a Real World Approach.”  She covers how banks can include AI in their strategy, what they need to do to prepare, and how they can guard against potential pitfalls.  The opinions expressed on this podcast are those of the speaker and do not represent the official position of any organization unless otherwise stated.   This podcast was recorded on March 14, 2024. Things may have changed by the time you hear it.   You can download the report here: AI Report Digital - Flipbook - Page 1 (paperturn-view.com)   

In This Episode This week host Jason Henrichs hears about all that he unfortunately missed at Bank Director's annual AOBA (Acquire Or Be Acquired) conference for bank senior leadership from Bank Director rock stars and conference session and track leaders, Emily McCormick, VP of Editorial & Research and Kiah Haslett, Banking & Fintech Editor. They cover it all from banking sector challenges, innovations, and market outlook to enthusiasm for balance sheets (yes!), deposits, and necessity of tech adoption for growth and the future.

Naomi Snyder, editor-in-chief of Bank Director, discusses why the bank M&A market was so bad in 2023, and what changes need to happen for it to improve.

We've all barely recovered from the frosty Arctic blast this past week, but that balmy -37-degree Montana weather isn't slowing down our favorite fintech obsessive one bit. Alex joins banking and fintech editor at Bank Director, Kiah Haslett to discuss the latest and greatest news happening in the banking world.  Kiah and Alex cover the potential challenges banks may face in 2024, including the impact of lower interest rates and the possibility of earnings conditions leading to "zombie banks." How fine are taxpayers with banks making some risk-free money from the Fed's emergency funding program? And there's no evidence that industrial loan charters have ever wrecked any part of the banking industry… so why, then, is the Senate banking Chair looking to crack down on tech companies looking to expand into financial services through ILCs? Is this overkill? Kiah and Alex also dive into the US Transportation Department's scrutiny of frequent flyer programs—why are we treating them like banks? Plus, what does the Fed have too many jobs? And should banks quit trying to make digital wallets happen? Is it ever going to happen?    Sign up for Alex's Fintech Takes newsletter for the latest insightful analysis on fintech trends, along with a heaping pile of pop culture references and copious footnotes. Every Monday and Thursday: https://workweek.com/brand/fintech-takes/   And for more exclusive insider content, don't forget to check out my YouTube page.   Follow Kiah: LinkedIn: https://www.linkedin.com/in/khaslett/ Twitter: https://twitter.com/khaslett   Follow Alex:  YouTube: https://www.youtube.com/channel/UCJgfH47QEwbQmkQlz1V9rQA/videos LinkedIn: https://www.linkedin.com/in/alexhjohnson Twitter: https://www.twitter.com/AlexH_Johnson

In This Episode Want to wow your family over the holidays with your fintech and banking knowledge? We offer a helpful primer for Thanksgiving table conversations as Breaking Banks' Jason Henrichs gathers with industry notables and friends Kiah Haslett, Bank Director; Alex Johnson. Fintech Takes; Jason Mikula, Fintech Business Weekly; and Mary Wisniewski, Cornerstone Advisors to talk banking turkey, give thanks, and share the nerd things they'll be talking about around their dinner tables. Happy Thanksgiving from Breaking Banks!

Great Plains Food Bank combats hunger in North Dakota and Clay Cty, Minn. Linda LeGarde Grover's book, "A Song Over Miskwaa Rapids," explores land, family, and history.

Today we are happy to have Todd back with us to share his insights on affordable cyber education, and what he has been up to and what he has seen change in the cyber industry. He now has degrees in cloud, IT coding, and just finished his degree in cyber. He is also certified in NSA and DHS. He is uniquely qualified to discuss these topics from both an educational and financial perspective.   Connect with Todd: https://www.linkedin.com/in/toddrowley/   Visit Shortarms website: https://www.shortarmsolutions.com/    You can follow us at: Linked In: https://www.linkedin.com/company/shortarmsolutions  YouTube: https://www.youtube.com/@shortarmsolutions   Twitter/X: https://twitter.com/ShortArmSAS

Today we are happy to have Todd back with us to share his insights on affordable cyber education, and what he has been up to and what he has seen change in the cyber industry. He now has degrees in cloud, IT coding, and just finished his degree in cyber. He is also certified in NSA and DHS. He is uniquely qualified to discuss these topics from both an educational and financial perspective.   Connect with Todd: https://www.linkedin.com/in/toddrowley/   Visit Shortarms website: https://www.shortarmsolutions.com/    You can follow us at: Linked In: https://www.linkedin.com/company/shortarmsolutions  YouTube: https://www.youtube.com/@shortarmsolutions   Twitter/X: https://twitter.com/ShortArmSAS

Technology has reshaped everything about banking, including one of its most basic products: deposits. In this episode, we discuss how Banking as a Service and fintechs have reshaped the landscape for consumer deposits, the regulatory response, and what this means for the risk profile of banks. Joining us are Kiah Lau Haslett, Banking and Fintech Editor at Bank Director, Alex Johnson, Founder of Fintech Takes, Jason Mikula, Publisher of Fintech Business Weekly, and Brian Tate. President and CEO of the Innovative Payments Association. This podcast was recorded on September 26, 2023. Things may have changed by the time you hear it.

This month's Hickory Point Bank Community Invested segment features the efforts of the Central Illinois Food Bank and an upcoming food drive. See omnystudio.com/listener for privacy information.

Get ready for another deep dive into the world of banking and fintech with this month's “Bank Nerd Corner” with the brilliant Kiah Haslett, the banking and fintech editor at Bank Director.  In this episode, Kiah and Alex are diving into the challenges of defining unsecured deposits before tackling Alloy's latest benchmark report, which revealed the compliance expectations from various fintech companies.  Why can't Fintech companies get charters? And is doing the bare minimum when it comes to compliance actually a positive thing when it comes to running your fintech company?  And in this week's “Wait… But Why???” segment, Alex and Kiah debate why everyone can't just agree on what an uninsured deposit is. Then, stay tuned to find out what's really irking Kiah this week and the answer (or non-answer) to an unanswerable question.    Sign up for Alex's Fintech Takes newsletter for the latest insightful analysis on fintech trends, along with a heaping pile of pop culture references and copious footnotes. Every Monday and Thursday: https://workweek.com/brand/fintech-takes/   Follow Kiah: LinkedIn: https://www.linkedin.com/in/khaslett/ Twitter: https://twitter.com/khaslett   Follow Alex:  LinkedIn: linkedin.com/in/alexhjohnson Twitter: twitter.com/AlexH_Johnson All rights reserved. Crowe LLP, a member of Crowe Global, a Swiss verein. For more information, please visit www.crowe.com/fintech

A $6 million cash injection has been welcomed by food banks, as the number of families struggling with food insecurity rises. The latest funding top up by the Government will be given to community food providers and distributed to areas in need. Zero Hunger Collective Executive Director Tric Malcolm says it's great news, but the question is whether it will be enough. She told Kate Hawkesby the number of people struggling, as well as the level of support needed, is increasing. Malcolm says this is particularly evident in communities that have experienced weather events - where many have lost their basic items. LISTEN ABOVE  See omnystudio.com/listener for privacy information.

North Valley Food Bank Director of Development  Maddie Culhan visited the KGEZ this week and she has great news!   North Valley Food Bank is holding their 3rd Annual "Forever June Celebration" on June 23rd!        

What happens when $270 billion of commercial mortgages expire and mature? In this week's Bank Nerd Corner, Alex chats with Managing Editor at Bank Director, Kiah Haslett, about the latest in fintech news, and today they're tackling what might happen to small banks now that commercial real estate companies are faced with refinancing at significantly higher interest rates. Plus, what's the outcome for banks like First Republic Bank, who aren't in the immediate throes of a liquidity crisis but aren't really profitable either? Can they simply ride it out as they limp along? Then, stay tuned as Kiah and Alex discuss the reasons why bank regulators aren't always on the same page and whether or not Apple can actively pull in deposits and compete with banks. Sign up for Alex's Fintech Takes newsletter for the latest insightful analysis on fintech trends, along with a heaping pile of pop culture references and copious footnotes. Every Monday and Thursday: https://workweek.com/brand/fintech-takes/ Follow Kiah:LinkedIn: https://www.linkedin.com/in/khaslett/Twitter: https://twitter.com/khaslett Follow Alex: LinkedIn: linkedin.com/in/alexhjohnsonTwitter: twitter.com/AlexH_Johnson

Jamie Quinn joined KGEZ this week, to give us a long overdue update about the foodbank and to break down the numbers from last year! May 2nd 2023

With the benefit of some hindsight (finally), what are the big takeaways from SVB? Kiah Haslett, managing editor of Bank Director, is in the studio to chat with Alex about why the SVB collapse is redefining how we think about “safe” banking. They explain how a herd mentality and poor time management culminated in SVB's failure and dissect why a safe bank could actually contain so much risk. Plus, Kiah and Alex discuss why the stigma surrounding the Federal Reserve Window is so great and debate whether or not banks can be good at both innovation and risk management. Sign up for Alex's Fintech Takes newsletter for the latest insightful analysis on fintech trends, along with a heaping pile of pop culture references and copious footnotes. Every Monday and Thursday: https://workweek.com/brand/fintech-takes/ Follow Kiah: LinkedIn: https://www.linkedin.com/in/khaslett/Twitter: https://twitter.com/khaslett Follow Alex: LinkedIn: linkedin.com/in/alexhjohnson Twitter: twitter.com/AlexH_Johnson 0:00 Intro6:29 SVB Failure15:19 What Makes a Bank Safe?19:36 Running Out of Time24:12 Other Banks Facing Similar Issues to SVB29:42 BaaS, Neobanks, and FinTech34:50 Wait— what? (Federal Discount Window)53:37 Choosing Between Innovation and Risk Management

Barbara Brooks Kimmel is co-founder and CEO of Trust across America-Trust Around the World, a leading consultancy focused on helping leaders and teams build trust. A former McKinsey consultant, Barbara has developed a host of tools designed to not only build trust, but also to measure it so investors can profit from investing in the most trustworthy companies.Barbara's work on trust has been featured in the Harvard Business Review, Investor's Business Daily, Thomson Reuters, BBC Radio, The Conference Board, Global Finance Magazine, Bank Director and Forbes, among others.On this episode of Outside In Barbara talks with Jon about the different types of trust, how leaders can engender trust both internally and with stakeholders, why trustworthiness improves outcomes and her five indicators of trustworthy business behavior.

In This Episode It's another spicy episode of Breaking Banks featuring Jason Henrichs and custom hot sauce fans Kiah Haslett, Managing Editor, Bank Director and Alex Johnson, Creator, Fintech Takes. The three are back at it and always game for taste testing and discussing hot issues in financial services. Along with the sauce, we offer an entire episode onDeposits.  Are they hot or not!? Every bank wants and needs deposits, there are several types of deposits, some riskier than others. Banks need to update deposit strategies and determine their value proposition. With tech making it easy to move deposits, and every bank competing for them, lack of strategy can be dangerous. Deposit strategy and betas are coming up in discussion around SVB andSilvergate...deposit strategy, it's something every institution needs to think about. Enjoy the deep dive! https://youtu.be/UdSvwdzgNYM

Banking is just a sleepy, boring industry, right? Ha! Not if you've read the headlines lately. The failures of Silicon Valley Bank and Signature Bank (the third-largest bank failure in U.S. history) turned the financial world upside down almost overnight. Is the entire financial industry about to collapse?   Veteran banking analyst and writer John Maxfield doesn't think so. Maxfield is the executive director of the Wilmers Integrity Prize, named after Robert Wilmers, the longtime CEO of MMT Bank. He was formerly the editor-in-chief of Bank Director magazine.  For the second time in a year, Maxfield joined 7investing lead advisor Matthew Cochrane to walk listeners through what happened at the above banks that led to their insolvency and subsequent takeover by the FDIC. Maxfield explains that the ground for the error was laid in early 2020, when Silicon Valley Bank was overtaken by a deluge of deposits flooding in from the government's response to the coronavirus pandemic. The bank's deposits more than tripled over the next two years, climbing to $189 billion by the end of 2022.  Silicon Valley Bank treated this windfall as regular deposits and invested the money into long-duration assets, simultaneously betting that the deposits would be sticky and that interest rates would remain low for years. Neither would prove true. As interest rates rose, these assets declined in value precipitously. As it became apparent that SVB's paper losses were enough to make the bank insolvent, venture capitalists advised the startups in their portfolios to withdraw their money, leading to a bank run and a lightning-quick collapse.  Maxfield advises when the banking equilibrium becomes unstable, it implodes exponentially, not linearly. Meaning banking panics can get magnified as more banks fall and panic spreads. This helps explain why First Republic Bank (NYSE:FRC), a "good" bank by all accounts, got caught up in the carnage, as it too had a large percentage of uninsured deposits that account holders rushed to withdraw as soon as the bank experienced a loss of confidence.  As the panic spread, even foreign banks, such as Credit Suisse (NYSE:CS), experienced a loss of confidence and were rushed into a forced merger with UBS Group (NYSE:UBS).  Maxfield talks through the rapid fall of these institutions, peppering the conversation with a plethora of historical examples, using his rich knowledge of the banking industry. Along the way, Maxfield and Cochrane discuss 1) FDIC insurance and whether it should be expanded to include all deposits; 2) Why regional banks are necessary; and 3) whether banking regulation should be more robust. At the end of the conversation, Maxfield explains why fast growth at financial institutions can be a red flag and gives examples of banks that he believes are well run and worthy of a long look from investors, such as Hingham Institution for Savings (NASDAQ:HIFS) and M&T Bank (NYSE:MTB). --- Send in a voice message: https://podcasters.spotify.com/pod/show/7investing/message

The sudden failure of Silicon Valley Bank sent shock waves across global markets. Fierce Biotech Senior Editor Annalee Armstrong talked with Kiah Haslett, managing editor of the publication Bank Director, about how SVB's failure came to be and what to expect next. Armstrong and Fierce staff writer Max Bayer chat about how the biotech sector reacted given that SVB served almost half of all venture-backed technology and life sciences companies. They reflect on what surprised them as journalists covering the SVB news. Plus, in this episode, we cover Pfizer's blockbuster Seagen buyout, an expanded antibody-drug conjugate collaboration and more of this week's top headlines.  To learn more about the topics in this episode:  UPDATE: SVB failure triggers shock waves across biotech industry UK biopharma body praises bank for keeping doors open at life science startups by rescuing SVB UK Insulet tapped to replace SVB on S&P 500 index after bank collapse Biden says America's 'banking system is safe' after regulators back up all SVB deposits With $43B buyout, Pfizer sees cancer specialist Seagen as a 'goose' laying 'golden eggs' Synaffix, MacroGenics crack open ADC pact, tacking on $2.2B, 4 more programs Novo Nordisk follows Eli Lilly's lead, slashing insulin prices in the US Lilly's 10-year bet on treating Alzheimer's before symptoms start ends in failure PerkinElmer completes $2.45B spinoff to create new diagnostics, life sciences company FDA oncology chief aims to open up accelerated approval for earlier cancer treatment under 'Project FrontRunner' Podnosis, a Fierce Healthcare podcast The Top Line is produced by senior multimedia producer Teresa Carey and managing editor Querida Anderson with editor-in-chief Ayla Ellison and senior editors Annalee Armstrong, Ben Adams, Conor Hale and Eric Sagonowsky. The sound engineer is Caleb Hodgson. The stories are by all our “Fierce” journalists. Like and subscribe wherever you listen to your podcasts.See omnystudio.com/listener for privacy information.

How can you fix a broken financial model? This question and more answered in the latest Bank Nerd Corner episode.Alex is joined by Kiah Haslett, Managing Editor at Bank Director. They get into some of the headlines and news that have caught their attention over the last few weeks, including a worldwide chip shortage for bank cards, ModernFi's fintech marketplace and why FIS can't get Worldpay to work.They also get to nerd out trying to answer an impossible fintech question on who, exactly, public utilities are for?Sign up for Alex's Fintech Takes newsletter for the latest insightful analysis on fintech trends, along with a heaping pile of pop culture references and copious footnotes. Every Monday and Friday: https://workweek.com/brand/fintech-takes/Follow Alex: LinkedIn: linkedin.com/in/alexhjohnsonTwitter: twitter.com/AlexH_JohnsonFollow Kiah:LinkedIn: https://www.linkedin.com/in/khaslett/

The banking industry is entering a perilous new phase, and new developments are happening quickly so we're dropping this episode early. The second largest bank failure in history came suddenly with Silicon Valley Bank being shut down by regulators on March 10. This comes just two days after Silvergate bank announced it was closing “voluntarily”. Joining our resident recovering banker and host JP Nicols are Kiah Haslett, managing editor at Bank Director, and John Maxfield principal at Maxfield on Banks, who has written extensively on the history of banking and bank failures. They examine where this all fits in the history of bank closures, why it happened, and where the risks and opportunities are from here. John argues that while scarcity is the primary constraint in most industries, for banking it's abundance. Was a decade and a half of low to zero interest rates too much of a good thing? What's the role of Fed interest rate hikes? JP and John debate if banks being too boring is riskier than being too “innovative”, Kiah muses about the role of faster money movement, and she's ready for more hot wings after all of these hot takes, but we'll save that for a show that Jason hosts. https://www.youtube.com/watch?v=whKMyNynkBI

How did banks do in Q4 2022 and how is 2023 shaping up? Alex is joined by Kiah Haslett, Managing Editor at Bank Director. They get into some of the headlines and news that have caught their attention over the last few weeks, including bank earnings and Jiko offering easy access to T-Bills. They also get to nerd out on some bank history, and pose an impossible-to-answer question.Sign up for Alex's Fintech Takes newsletter for the latest insightful analysis on fintech trends, along with a heaping pile of pop culture references and copious footnotes. Every Monday and Friday: https://workweek.com/brand/fintech-takes/Follow Alex: LinkedIn: linkedin.com/in/alexhjohnsonTwitter: twitter.com/AlexH_JohnsonFollow Kiah:LinkedIn: https://www.linkedin.com/in/khaslett/

In this Episode: As the costs of meeting customer expectations and competitive pressures continue to rise, more banks are considering mergers and acquisitions to gain scale and stay relevant, but there are deep structural regulatory constraints that can often be an impediment. Everything from the way geographic boundaries are defined, to the way competition is measured to the way products and services are evaluated have mid-twentieth century origins that don't seem well-suited for today's financial services landscape. As we lead up to Bank Director's Acquire or Be Acquired (AOBA) conference, Kiah Haslett, Managing Editor for Bank Director magazine, joins us to walk through some of the increasingly outdated modes of analysis, some of the ways regulators are planning updates, and what “good” and “bad” mergers look like. We also debate whether it's all enough to achieve the stated goals of maintaining competitive markets for the good of the public, and Kiah draws on her experience as a soccer referee to show a few yellow cards to the industry. https://www.youtube.com/watch?v=fTAPar8eNZo

North Valley Food Bank Director of Development Elizabeth Temple joined the KGEZ Good Morning Show with John Hendricks and Robin Mitchell on Wednesday, October 19th, 2022 to talk about "Trick Or Treat-So Kids Can Eat" Food Drive.  

Some like it hot and that would include the regulators. The acting comptroller of currency has been very public about unseen risks and unintended consequences that can disrupt the financial system. Kiah Haslett, Managing Editor at Bank Director and Alex Johnson, creator of Fintech Takes and host Jason Henrichs break it down while eating hot wings. This episode is hotter than the Trinidad Scorpion sauce that almost made Jason cry. https://youtu.be/vQlJ-HB8OLM

North Valley Food Bank Director of Development Elizabeth Temple joined the KGEZ Good Morning Show with John Hendricks and Robin Mitchell on Friday, September 16th, 2022.

This week we are featuring another repeat guest, Al Dominick.  He previously served as CEO of Bank Director and is now a partner with Cornerstone Advisors.  We discuss all things community banking! The views, information, or opinions expressed during this show are solely those of the participants involved and do not necessarily represent those of SouthState Bank and its employees.  SouthState Bank, N.A. - Member FDIC

This episode was a bit of a "turn the tables" one, as Kiah Haslett is an accomplished and energetic journalist who covers the banking industry. She's done so for 10 years, and you can find her at Bank Director, where she's Managing Editor. Kiah has covered the full spectrum of banking from policy, strategy, trends, technology and M&A. She has a unique vantage point for what's happening in banking and bank technology, and we covered a lot of ground in this conversation. Listen as we discuss topics like "what is a bank (really)?"; "what do banks do (really)?" & "how do banks make money?"; and what's ahead for banks and rapid digital transformation in the industry. She calls on bankers to be far more curious than they tend to be, as a way to help them evolve. She also has a fun origin story of how a game introduced her to money, ownership and even M&A. Find Kiah here or here. Learn more about BankTech Ventures here.  

The financial industry is in a familiar place: Legacy banks are being challenged by technologically savvy, disruptive upstarts. Is the banking world about to be turned upside down? Veteran banking analyst and writer John Maxfield doesn't think so. Maxfield is the executive director of the Wilmers Integrity Prize, named after Robert Wilmers, the longtime CEO of MMT Bank. He was formerly the editor-in-chief for Bank Director magazine. Maxfield joined 7investing lead advisor Matthew Cochrane to take a tour of the financial industry, starting with a look at whether neobanks, such as Chime, are a product of VC-backed cheap capital or a legitimate threat to legacy banks. While acknowledging technology is playing a disruptive role in the banking industry overall, Maxfield believes big banks especially have the firepower to keep pace in the rapidly changing industry while wondering if the smaller upstarts can even achieve profitability. Next, Maxfield and Cochrane explore the recent explosion in M&A activity in the banking space. In 2019, SunTrust came together with BB&T in a merger of equals, creating Truist Financial Corp (NYSE:TFC), the 6th largest bank in the U.S. by assets. This was followed last June by PNC Financial Services Group (NYSE:PNC) completing its $11.5B acquisition of BBVA USA, making it one of the largest U.S. commercial banks. Banking consolidation is a phenomenon that Maxfield traces back to the early 1980s when Congress allowed banks to acquire financial institutions in other states. While Maxfield believes this trend will stay intact, he questions whether the majority of such deals create value for shareholders. Of course, no discussion about the banking space is complete without a tour of the big four banks dominating the domestic landscape: Bank of America (NYSE:BAC), Citigroup (NYSE:C), JPMorgan Chase (NYSE:JPM), and Wells Fargo (NYSE:WFC). Finally, Maxfield explains why Triumph Bancorp (NASDAQ:TBK) is a hidden gem, an under-the-radar community bank based in Dallas, TX, attempting an ambitious project in a big industry! Welcome to 7investing. We are here to empower you to invest in your future! We publish our 7 best ideas in the stock market to our subscribers for just $49 per month or $399 per year. Start your journey toward's financial independence: https://www.7investing.com/subscribe Stop by our website to level-up your investing education: https://www.7investing.com Join the 7investing Community Forum: https://discord.gg/6YvazDf9sw Follow us: ► https://www.facebook.com/7investing ► https://twitter.com/7investing ► https://instagram.com/7investing --- Send in a voice message: https://anchor.fm/7investing/message Support this podcast: https://anchor.fm/7investing/support

Travillian hosted a webinar with two executive leaders in the evolution of banking on November 10, 2021. Panelists: ​ • Brian Johnson – President, CEO, & Director, Choice Financial Bank • Nikhil Lakhanpal – Co-Founder, Narmi Choice Financial Group • Headquartered in Fargo, North Dakota, Choice Financial Group is a $3.2B community bank and the #1 Ag bank in North Dakota. Since 2017, Choice has invested heavily in their BaaS Division, Choice Fin, and have partnerships with well-known fintechs such as: Current, Lively, and Lili. Narmi • Founded in 2016 with HQ in NYC, Narmi partners with financial institutions to deliver superior digital experiences to end-users. The Narmi platform helps grow deposits, increase satisfaction and automate processes. Recently, Narmi was named Best Solution for Customer Experience and Best of FinXTech Connect in Bank Director's 2021 Best of FinXTech Awards. Topics of discussion Included: • The key to driving customer satisfaction and loyalty in a digital world • First steps community banks can take for digital transformation • Critical future roles at Community Banks (i.e: Chief Digital Officer, Director of Blockchain)

Kiah Haslett of Bank Director re-joins the podcast as we discuss how prevalent the BNPL trend has become.  We review how these short-term loans are being originated, and who holds the debt throughout the life of the loan.  We also discuss the potential of white-label relationships in BNPL. Bank DirectorKiah's TwitterBankTalkPodcast.comRemedyconsult.net

This week we sit down with Al Dominick, CEO of Bank Director and DirectorCorps to discuss the hallmarks of great community bank leadership, trends in the industry, and what community bankers need to be paying attention to in the coming years.  The views, information, or opinions expressed during this show are solely those of the participants involved and do not necessarily represent those of SouthState Bank and its employees.  SouthState Bank, N.A. - Member FDIC

Alycia Noel directs the food pantry in Oakley, Kansas and is an accomplished musician. Our conversation uncovers the path that led Alycia to Oakley, how she came to live in Guam before that, a kindness that inspired her to volunteer at the local food pantry, and how she became a person of faith.Support the show

What do the results from Bank Director's annual technology survey tell us about how banks are viewing technology and their ability/willingness to invest in it during a pandemic? 

Brought in Dr. Gary Weigel at Thompson Animal Medical Center | Veterinary Clinic, on how they're handling things pandemic, what you might need to be getting done for your pets and, best of all, we talked about Thunder, their 15-year-old paralyzed cat, they took in as a kitten that had broke its back. After that, Dr. Wayne Bottner, Medical director of the blood bank at Gundersen Health System, talked all things blood and donations.   See omnystudio.com/listener for privacy information.

Taking a look at Bank Director's 2019 Tech Survey and what it says about commercial bank strategic priorities and spending habits. 

A former top bank director has reportedly called for former Prime Minister Sir John Key to resign "or be removed" as chairman of ANZ following an incident that saw it censured by the Reserve Bank.TVNZ Sunday Journalist Jehan Casinader joins The Panel on The Weekend Collective to share his thoughts on the issue, along with the rest of the big stories making news this week.LISTEN TO THE AUDIO ABOVE

Susan P. Rounds is the head of Wealth Management for Deustche Bank, a role she came to after a career in the law. Her rare combination of experience and skills honed in the courtroom make her a formidable force and a voice to be heard in the OZ world. Susan P. Rounds is our guest on this episode of The OZExpo Podcast.Host: Jack HealdGuest: Susan P. Rounds

Rich Kutz, Weinberg Food Bank Director, talks to Frank Andrews about helping to provide Thanksgiving meals to those who are less fortunate and those who are alone.

Relationship Managers hold a very important position within the bank and their success determines the bank's success. But hiring and retaining strong RMs has become increasingly difficult across the industry. Jim and Dallas sit down to discuss these rising challenges and ways banks can foster environments that make RMs thrive.    The blog post Jim and Dallas mention can be found here: https://explore.precisionlender.com/blog/how-to-attract-and-keep-top-rm-talent-at-your-bank   And the Bank Director survey they discuss can be found here: https://www.bankdirector.com/index.php/committees/compensation/2016-compensation-survey-where-are-lenders     

When your bank crosses the $10 billion mark, you are no longer considered a community bank, you are now a midsized institution. That new label brings with it an enhanced supervisory approach from Dodd-Frank regulations. There has been a lot written about the impact of these new regulations, but Dallas Wells was lucky enough to talk with Al Dominick from Bank Director about what's currently happening as well as what to expect moving forward. .