Why are no heads rolling, post-SVB?
A DISTURBING LACK OF ACCOUNTABILITY: Let me be clear, the primary responsibility for the failure of SVB lies at the feet of the company’s management and board…
A DISTURBING LACK OF ACCOUNTABILITY: Let me be clear, the primary responsibility for the failure of SVB lies at the feet of the company’s management and board…
ZILLOW: HERE WE GO AGAIN?: It was just 18 months ago that Zillow announced it was shutting down its home-flipping business, which had posted a cumulative $880…
BLOWBACK: Do you think it’s finally dawning on the money-management world that maybe the whole ESG craze has been more trouble than it’s worth? SEC LAWYERS…
I was more than a little surprised that 42% of investors surveyed by Wolfe Research say that the worst of banking industry’s recent problems are not…
THOUGHTS FROM CITIZENS FINANCIAL’S CIO: Here’s a notable comment by Citizens Financial CIO Michael Ruttledge from his conversation with Bank Automation News this week about AI.…
RETURN TO WORK BATTLE CONTINUES: Here are some highlights from a survey on remote-work issues that Deloitte conducted of 700 mid- and executive-level financial services professionals: Employees say the…
WATCH MULTI-FAMILY LENDING: While so many people are focused on banks’ office building loans, fewer are questioning their multifamily portfolios because the market has been so tight…
GETTING CLEARER: I can see the logic here, to tell you the truth: “GOLDMAN’S LAST BEARISH ANALYST UPGRADES STOCK AS RISKS FADE “For the first time…
NEVER FORGET THE VALUE OF DEPOSITS: It is clear from banks’ second-quarter earnings reports that the industry was in a zero-interest-rate and excess-deposit position for so long…
KNOCKED HEADS NEEDED: Here’s some free advice for Jane Fraser on how to fix what ails Citigroup. I recall hearing a story—possibly apocryphal—that at JPMorgan Chase…