Jan 29, 2020
“For a long time, these were fields that were seen as kind of ancillary—compliance issues, have-to-dos and cost centers,” Juan C. Zarate says of anti-money laundering, fraud and cybersecurity. “Today, management of financial crime risk is now a fundamental part of banking.”
On the latest episode of the ABA...
Jan 22, 2020
Increasing scarcity of both buyers and sellers will drive bank mergers and acquisitions in 2020, a top bank deal lawyer says on the latest episode of the ABA Banking Journal Podcast. In the episode, Rob Klingler — an Atlanta-based partner at Bryan Cave Leighton Paisner — outlines what to expect in the year ahead,...
Jan 17, 2020
The U.S. economy is continuing to “cruise” ahead, though growth is likely to be more moderate in the year ahead, says Citi Global Chief Economist Catherine Mann on a bonus episode on the ABA Banking Journal Podcast. Mann recaps the consensus forecast from the American Bankers Association’s Economic Advisory...
Jan 15, 2020
“When you think about what’s happening in America, there’s a bifurcation that’s happening,” says Orvin Kimbrough. “You have more and more people pushing to the upper echelons of economic continuum, and you have many more who are pushing to the lower end, and the middle group is being squeezed.”
Kimbrough...
Jan 8, 2020
As banking becomes ever more technology-driven, many banks are shifting from a mindset that puts big tech projects off to one side to one that embraces ongoing innovation, development and deployment. Regions Bank, a growing regional firm with over $128 billion in assets, exemplifies the latter mindset. In 2019,...