News & Insights
Unified feed: Brian's Banking Blog + editorial posts.
BanksFirst Citizens Confirms SVB Worker Layoffs
First Citizens Bancshares has confirmed nearly 500 worker layoffs impacting former employees of failed Silicon Valley Bank.
5/27/2023Read →
BanksYellen Calls for Maintaining Diverse Banking Sector in U.S.
U.S Treasure Secretary Janet Yellen warns against further bank consolidation, praises the country’s diverse banking sector.
5/25/2023Read →
FinancialFed Survey Highlights Inflation’s Impact on Americans’ Financial Health
New surveys and polling confirm that inflation is having a devastating impact on the financial health of American households.
5/25/2023Read →
Brian's BlogIf there’s 1 piece of advice I could give to my 20 year-old self, it would be this:
Start a business, and get into sales ASAP. I got into sales at 32. Became a startup founder at 40. I might have been a late bloomer, but now I know firsthand that late truly is better than never.
bankingbusinesssales5/24/2023Read →
BanksPowell Suggests Moderation in Further Fed Rate Increases
Federal Reserve Chairman Jerome Powell hints at pause in further Fed rate increases, to assess progress in fight against inflation.
5/23/2023Read →
BanksTighter Bank Oversight Rules Expected This Summer
U.S. regulators say that new proposals for tighter bank oversight rules to empower regulatory supervisors could be ready as soon as this summer.
5/23/2023Read →
BanksTreasury’s Yellen to Meet with Bank CEOs to Discuss Debt Ceiling Standoff
U.S Treasury Secretary Janey Yellen to meet with Bank Policy Institute board members to discuss debt ceiling standoff and bank crisis.
5/18/2023Read →
BanksNew CFPB Circular Warns Banks Against Unilaterally Reopening Closed Customer Accounts
CFPB says banks that reopen closed customer accounts to process overdrafts and other fees may be violating federal law.
5/17/2023Read →
Brian's BlogThe government’s response to COVID has had far worse consequences than they imagined…
The government’s response to COVID has had far worse consequences than they imagined. Historic bank failures, interest rate hikes, inflation, etc. But inflation has had BY FAR the biggest impact on average Americans. In most circumstances, inflation is a sort of invisible tax that disproportionately affects the poor.
bankingbanksus banks5/17/2023Read →
Brian's Banking BlogDimon: U.S. Debt Ceiling Crisis Prompted Creation of JPMorgan Chase “War Room”
As U.S. debt ceiling crisis continues, JPMorgan Chase's CEO confirms that his bank is meeting regularly to discuss options.
debt ceiling crisisdebt limtdefault5/16/2023Read →
BanksFDIC Proposal Taps Big Lenders for Deposit Insurance Fund Replenishment
FDIC proposal would see the nation’s largest banks pay most of the cost for replenishing the deposit insurance fund.
bankingbanksFDIC5/16/2023Read →
Brian's BlogWithin 5 years, core banking functions will be completely commoditized.
Here’s what that means for the future. When everyone has easy access to standardized, inexpensive, instantaneous ways of performing core functions (opening accounts, taking deposits, issuing loans, international transfers, etc.). Every bank will need to find new ways to compete.
bankingbanksinnovation5/12/2023Read →