The Banker Next Door

Episode 191: What does generative AI mean for the future of banking?

This episode examines the potential benefits of generative AI for the banking industry. We discussed several articles, examined the emerging technology maturity curve, and talked about several books including Dark Aeon, The Singularity is Nearer, and Rewired.

Episode 190: Banking Update 7-28-2024

This episode provides a weekly update on U.S. banking industry news.

Episode 189: How are things in private equity?

This episode looks at how things are going in the global private equity market. How are deal values so far in 2024? How are exit values looking in 2024? How much dry powder is in the market? We looked at several articles from S&P Global Market Intelligence.

Episode 188: How is "higher-for-longer" affecting bank margins?

This episode examines a research article from S&P Global Market Intelligence titled “Higher-for-longer" rates keep bank margins, commercial real estate in spotlight. What are industry trends for Net Interest Margin compression? Are deposits growing? CDs are maturing soon, what does that mean? Will deposit costs remain sticky?

Episode 187: Have all the buyers in banking disappeared?

This episode examines a recent article in bank director titled “Where have all the buyers gone?” by John Engen. Banks that are interested in selling in the current environment are finding it difficult. This article states that selling a bank is like selling a house. You have fewer, pickier buyers, and you must consider what compromises and concessions to make. Is the current market a trend or a mirage? A link to the article is included below.
Link: Where Have All the Buyers Gone? | Bank Director

Episode 186: Why are banks struggling to find compliance officers?

This episode examines a recent article in bank director titled “Banks are struggling to find compliance officers” by Paul Davis. Compliance is considered one of the hardest jobs in the banking industry and it appears to be getting harder. This article looks at the demands of the role and how to best fill positions.
Link: Banks Are Struggling to Find Compliance Officers | Bank Director

Episode 185: Interview with commercial banker Owen LaFave

This episode is an interview with Pinellas County Market President at Bank of Tampa Owen LaFave. We discuss Owen’s career, the Bank of Tampa, current market conditions, the commercial real estate market, and what might occur over the next year. As always, we go over Owen’s favorite book and business-related movie. A link to the Bank of Tampa’s website and Owen’s podcast, Money Market Podcast, are included below.
Link: https://www.bankoftampa.com/
Link: https://moneymarketpodcast.com/

Episode 184: Banking Update 7-21-2024

This episode provides a weekly update on U.S. banking industry news.

Episode 183: Update on Synapse failure

This episode looks at the fallout for Evolve Bank & Trust from the Synapse Financial Technologies, Inc. bankruptcy and a recent cybersecurity attack. Regulators are starting to weigh in. What does this mean for the banking as a service model? What does this mean for fintech’s working with banks?
Links: Episode 157: Is Synapse bankruptcy going to destroy the BaaS model?     
Podbean - https://joeberq.podbean.com/e/episode-157-is-synapse-bankruptcy-going-to-destroy-the-baas-model/?token=03ad92b3b46035ebd358c85edcb7545a, YouTube – https://youtu.be/PZUB7YK2JBY, Rumble – https://rumble.com/v51ou5i-episode-157-is-synapse-bankruptcy-going-to-destroy-the-baas-model.html

Episode 182: CrowdStrike cybersecurity debacle!

This episode examines the major cyber outage that affected companies across the globe on Friday, July 19, 2024. A software update from a company called CrowdStrike, which pushed its update through Microsoft Windows caused networks and devices to go down as users saw “the blue screen of death.” CrowdStrike and Microsoft have found a fix for the problem, but it is cumbersome and can lead to additional vulnerabilities. Links to multiple articles are included below.
Link: The CrowdStrike fail and next global IT meltdown already in the making (cnbc.com)
Link: What Is CrowdStrike and How Did Its Update Cause a Global Tech Outage? (investopedia.com)
Link: CrowdStrike defect, Microsoft outage rock global networks; experts offer tips for next time - Philadelphia Business Journal (bizjournals.com)
Links: Episode 178: How to survive a Wiperware Cyberattack!
Podbean - https://joeberq.podbean.com/e/episode-178-how-to-survive-a-wiperware-cyberattack/, YouTube – https://youtu.be/pcG8BKKiczI, Rumble - https://rumble.com/v57dycb-episode-178-how-to-survive-a-wiperware-cyberattack.html