The Banker Next Door

Episode 83: Banking Update 3-3-2024

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

Episode 82: Relationship Banking

This episode delves into relationship banking and how that is at the core of every community bank business model. Do you have relationships or single purpose transactions? How do you know who your best customers are? How do you value a full banking relationship? Given current market conditions, it is critical for community banks to be laser focused on relationship banking.

Episode 81: Should your bank update its core system?

This episode gives a brief history on core banking systems, who the major core providers are, why you would or would not want to upgrade your core system, and furthermore, would using a “ghost core” be an effective strategy for future innovation.  

Episode 80: Generational Tug-of-War in the Housing Market

This episode looks at what is transpiring in the U.S. housing market through the current circumstances of baby boomers, Gen X, and Millennials.

Episode 79: As the Republic First Turns!

This episode examines the fallout this week from a group of investors pulling out of their planned capital investment in Republic First Bank. This story has been a “soap opera” in the banking industry for the last 2 years with many twists and turns.  

Episode 78: Can Capital One pull off Discover Card Acquisition?

This episode examines the announced merger between Capital One and Discover Card, which would create the 8th largest bank in the U.S. and the largest credit card provider. This merger faces headwinds from regulators, lawmakers, and competitors. Can Capital One complete this transaction within their stated time frame, if at all?

Episode 77: The Lords of Easy Money Part 4

In this episode we continue to review the book The Lords of Easy Money by Christopher Leonard. This book is about the Federal Reserve’s actions from 2008-2021.  The author provides the reader a behind the scenes view on the discussions inside the Fed and ultimately, we see how their eventual actions played out in the larger economy. Did the Fed save the day or permanently destroy our economy? In this episode we review chapter 3. This is a multi-part series.  

Episode 76: Banking Update 2-25-2024

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

Episode 75: Risks in banking

This episode looks at some of the main risks facing banks including credit risk, marketing risk, operational risk, liquidity risk, interest rate risk, and reputational risk. We examine seven recommended tactics banks can use to manage these risks. We use the PCBB BID Daily Newsletter and the OCC Semiannual Risk Perspective Report for the fall of 2023. A link to the OCC report is listed below.   
https://www.occ.gov/publications-and-resources/publications/semiannual-risk-perspective/files/pub-semiannual-risk-perspective-fall-2023.pdf

Episode 74: AI in banking

This episode looks at how artificial intelligence is creepy into the banking industry. A number of banks are currently experimenting with Generative AI to create more efficiency and a better customer experience. However, there is another side to AI, a potentially darker one, that seeks to collect all employee’s bio-metric data and track all their actions. Will AI be a great benefit or a catastrophic nightmare?