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Q&A: Recent Bank Failures Do Not Mean It’s 2008 All Over Again

UVA Darden

The federal takeover has fueled fear among some that the failures are precursors to something akin to the Great Recession, when 450 banks failed between 2008 and 2012. Q: What led to the takeovers of Silicon Valley Bank in California and Signature Bank in New York? The bank also had long-dated assets.

Banking 52
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Q&A: Recent Bank Failures Do Not Mean It’s 2008 All Over Again

UVA Darden

The federal takeover has fueled fear among some that the failures are precursors to something akin to the Great Recession, when 450 banks failed between 2008 and 2012. Q: What led to the takeovers of Silicon Valley Bank in California and Signature Bank in New York? The bank also had long-dated assets.

Banking 59
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How Boards And Management Should Prepare For Long-Term High Interest Rates

Chief Executive

Are most companies prepared to operate effectively in a high interest rate economic environment over a long period of time? A few things boards might consider as interest rates reach their peak: What should boards do as banks tighten their lending to companies? The answers to these questions must be hashed out now.

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FinTech CEO David Foss On What Your Customers Want Digitally Now

Chief Executive

No industry was more impacted than banking. When most of the nation’s bank branches closed for operations in March, 2020, the gradual, even glacial, shift from in-person to mobile banking exploded overnight by necessity—and it is never going back. No small task. In other words: Every CEO in every industry. .

Banking 98
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HR Finance 101: A Guide To Finance for HR

AIHR

Labor costs like salaries, benefits, and related taxes make up as much as 70% of total operating costs of a business. They need to understand finance and accounting to make a difference as strategic partners in the planning and management of a large organization. Why does HR need to know finance? Transaction. Owner’s equity.

Cash Flow 131
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Side-by-Side, CEOs And CFOs Plot The Future

Chief Executive

Although a similar closeness existed a decade ago, what is different in their relationship today is the CFO’s deeper involvement in operations. Our relationship has evolved to the point where I can’t imagine running the operations without her,” he said. I did not, however, come up the accounting ranks,” she said. “I

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Hierarchy Culture: An Informative Guide for HR

AIHR

Employees know their place in the chain of command – who’s accountable to them, who they report to, and what the rules are. Companies in the financial, healthcare, and oil and gas industries often follow the hierarchical culture to manage risk, be more stable, and operate more efficiently. Fine-tune your compensation strategy.

Banking 136