The Banker Next Door

Episode 63: NY Community Bancorp in Trouble!

This episode examines the roller coaster ride of a week for New York Community Bancorp. NYCB posted a huge loss for the 4th quarter of 2023 due to bad CRE loans, which led to downgrades, a slashing of their dividend, investor lawsuits, and a 70% drop in their stock price!

Episode 62: Disaster in the jobs report!

This episode examines an article from Zero Hedge that breaks down the Bureau of Labor Statistics (BLS) employment report for January of 2024. You will want to watch this to the end because the native vs foreign born workers job creation is a bomb shell! A link to the article is provided.
Inside The Most Ridiculous Jobs Report In Recent History | ZeroHedge

Episode 61: SCOTUS looks at Chevron Doctrine

This episode looks at two legal cases that are currently in front of the United States Supreme Court and could have a major impact on Chevron Doctrine, which was established 40 years ago. Chevron Doctrine gives tremendous power to financial regulators and government agencies to interpret laws and create regulations that can be very difficult if not impossible to fight in court. The ruling here could have a big impact on how banks are regulated.

Episode 60: Banking Update 2-4-2024

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

Episode 59: Treasury Funding

This episode examines the Treasury’s reactions to fluctuations in the markets in 2023 and what their funding plans are for the beginning of 2024.

Episode 58: Regional Banks in Trouble?

This episode examines the collapse this week in regional bank stocks, which started with the disastrous earnings report from New York Community Bancorp, and then quickly spread to other regional banks and even several banks in Tokyo and Switzerland. Regional banks are facing many issues with the deterioration of the commercial real estate market.  

Episode 57: Banking Regulatory Update

This episode provides an update for the 1st quarter of 2024 on the hot button regulatory issues currently being proposed in the U.S. banking industry. We use the Independent Community Bankers Association (ICBA) 2024 Advocacy in Action brief as a guide. A link to the PDF brief is provided.
adv_2136a24_top-issue-template-update.pdf (icba.org)

Episode 56: Can AI help community banks?

In this episode we look at the efficiencies that can be created for community banks by working with AI. But is AI what it’s projected to be?  

Episode 55: Banking Update 1-28-2024

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

Episode 54: Fed Presidents Escape and Feb Balance Sheet Update

This episode looks at the investigation into two Federal Reserve Bank Presidents who were accused of inappropriate trading in their personal portfolio’s during the Covid pandemic (I.e. insider trading). We also look at the continued runoff in the Federal Reserve’s balance sheet and the effects that is having on the REPO market.