News & Insights
Unified feed: Brian's Banking Blog + editorial posts.
BanksBank of America Confirms Market Expansion Plans
Bank of America unveils aggressive market expansion plans, will open new locations in nine additional markets across the U.S.
6/30/2023Read →
Brian's BlogDid the Federal Reserve just pull off the ultimate bank heist? Economist Peter Schiff claims so!
Schiff argues that the sneaky low-interest rates banks offer on our hard-earned savings and checking accounts, compared to the lofty Fed Funds rate, may be a major culprit. “It’s insolvent and would collapse without government backstops.”
bankingbanksfed6/30/2023Read →
BanksBIS Says Global Inflation Fight Now at 'Critical Juncture'
The Bank of International Settlements urges the world’s central banks to continue interest rate hikes to win the global inflation fight.
6/28/2023Read →
BanksFDIC Chair: Basel III to Raise Capital Requirements for Banks with more than $100B in Assets
FDIC chair says proposed Basel III rule likely to raise capital requirements for banks with more than $100 billion in assets.
6/28/2023Read →
Brian's BlogWhen I talk to my friend who leads a group that helps the homeless, he says, “They are not primarily homeless because of a lack of monetary capital. They are often homeless because they lack social capital.”
Can you sense the current economic crisis coming on? Build Your Social Capital! You must be asking, "What's social capital?” In times of economic crisis, one of the most valuable assets you can possess is a strong network and ample social capital.
bankingbanking crisisbanks6/28/2023Read →
BanksDemocrats Introduce Array of Bank Reform Bills in House
House Democrats introduce nearly a dozen bank reform bills, seeking broader regulatory powers and punishment for bank executives.
6/26/2023Read →
Brian's Blog"Your crisis is not mine."
Is the idea of a financial crisis as local as it seems? Booming economy, but you lose your job. The financial crisis hits home, right? It's all about our individual experiences. But does it stay contained within your borders? In today's interconnected world, a crisis in one corner doesn't mean turmoil everywhere.
bankingbankscovid 196/25/2023Read →
Brian's BlogWho'd have thought the mighty Bank of England could misjudge its own inflation predictions? Yet, here we are.
Boom! Just like that, the Bank of England's forecast goof-up has ignited a heated debate. The very Conservative MP, John Baron, has dropped the "woeful neglect of duty" bomb. Ouch!!! !Yes, errors were made. Not every forecast hits the bullseye, not even by the big guns like the BoE. No one's perfect, right?
bank of englandbankingbanks6/25/2023Read →
Brian's BlogAre Banking Jobs Really Immune to Recession?
The Truth Unveiled! When economic storms hit, some roles in banks face the chopping block to trim expenses. But wait, there's a twist! Certain positions find a rebirth amidst the chaos, opening doors to new possibilities. Curious! Imagine this: sales warriors stepping back, only to reemerge as masters of credit workout strategies.
bankingbanksrecession6/21/2023Read →
Brian's BlogEver wondered how banking software operates?
Virtually every dollar moves through these systems and they keep our economy running… So, here's the scoop: Banks rely on a software called the 'core system' to keep track of borrowers and depositors. Think of it as the banking world's very own superhero! There are tons of core systems out there, with about 25 big players dominating the market.
banks6/21/2023Read →
BanksLoan Growth, Fed Rate Hikes, and Focus on Customers Could Boost U.S. Regional Banksin 2022
Anticipated loan growth, Federal Reserve rate hikes, and customer focus may drive success for U.S. regional banks in 2022.
6/20/2023Read →
BanksWells Fargo regulatory burden eased as 2015 consent order is terminated
Wells Fargo's regulatory burden lifted as 2015 consent order terminated, enabling smoother operations.
wells fargo bankwells fargo customer service6/20/2023Read →