Tom Spencer

FEBRUARY 10, 2023

Investment banking forms part of the financial services industry involved in the underwriting, distribution, and trading of securities. What Investment Bankers Do There are several key roles within investment banking, including corporate finance, sales and trading, and research.

Banking 88

Banking Industry Finance Cash Flow 88

MishTalk

OCTOBER 27, 2024

Dear Fed, how about a safekeeping bank! Customers with more than $250,000 in deposits are in trouble.

Banking 96

Banking 96

Tom Spencer

JUNE 30, 2023

The financial services industry comprises firms that operate across a range of sectors: Asset & Wealth Management, Banking & Capital Markets, and Insurance. It is distinct from institutional or prime brokerage, asset management, and banking. A wide variety of firms now offer wealth management services.

Banking 78

Banking Management Real Estate Insurance 78

Harvard Business

MARCH 17, 2023

Silicon Valley Bank illustrates why payroll shouldn’t be stored in an institution vulnerable to bank runs.

Banking 70

Banking 70

Wakeman Consulting Group: Dave's Blog

JUNE 14, 2023

What is interesting is the struggles of Marcus, Goldman’s consumer facing bank face. ” Goldman is an investment bank. Consumer banking is an entirely different thing. Not having a background in consumer banking, Goldman had to acquire GreenSky® as a way to accelerate their entry into the consumer market.

Banking 40

Banking Marketing Groups Strategy 40

Harvard Business

MARCH 24, 2023

It became a fixture among startups because it understood their needs better than other banks.

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Banking Finance Financial 74

Johanna Rothman

DECEMBER 14, 2023

Sometimes a fieldstone is too big for me, so I use the notion of an “idea bank.” ” My idea bank reminds me of themes I want to possibly address in the future. The Blank Page Problem Can Stop Writers from Writing Before I knew about fieldstones or the idea bank, I had trouble starting a piece.

Banking 64

Banking How To Productivity Development 64

Kai Davis

APRIL 17, 2023

A friend asked me for a business banking recommendation (US based) for Solo Consultants/Solopreneurs/LLCs. My standard banking recommendation is ‘go with your local credit union.’ Big bank, but a decent option. Mercury ( [link] ) – Lots of solopreneur/LLC friends bank with them.

Banking 40

Banking Consulting Small Business 40

CaseInterview.com

SEPTEMBER 12, 2020

She will be the first woman CEO of a major Wall Street investment bank. Here’s more on her career path via the New York Times: Citigroup’s Fraser to Be First Woman to Lead a Big Wall Street Bank. Thursday, Citigroup announced that they are appointing Jane Fraser to be CEO. I am beyond thrilled for her.

Banking 78

Banking Journal McKinsey Analysis 78

Tom Spencer

MAY 8, 2016

This post provides you with a high level comparison of management consulting and investment banking. Investment banks help companies raise money for various purposes including investment, acquisitions, and provision of working capital. Traders buy and sell securities with the bank’s money with the aim of making money for the bank.

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Banking Consulting Comparison Finance 60

Management Consulted

DECEMBER 16, 2008

The cons of investment banking – the long hours, the repetitive and unengaging nature of the work, the lack of non-finance exit opportunities – mattered far more to me than a 6-figure salary. Banking salaries average 50-100% higher than consulting salaries , with the difference increasingly significant as your seniority increases.

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Banking Boston Consulting Group Consulting Management 272

Tom Spencer

JUNE 16, 2018

The financial services industry has seen drastic technology-driven change over the past few years, and digital has fundamentally reshaped consumer behaviour in banking. According to Oliver Wyman, a global management consulting firm, 90% of Canadian banking customers use digital channels and more than 30% are now banking exclusively virtually.

Oliver Wyman 79

Oliver Wyman Banking Insurance Insurance 79

Harvard Business

OCTOBER 15, 2021

The Chinese Central Bank has already begun experimenting with digital cash that could eliminate the need for paper money.

Banking 65

Banking System Financial Marketing 65

Harvard Business

AUGUST 23, 2023

How one 200-year-old regional bank in the U.S. used intrapreneurship to compete with online lenders.

Banking 57

Banking Strategy& Strategy Strategy 57

Harvard Business

DECEMBER 14, 2023

Sponsor Content from Bank Rakyat Indonesia.

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Banking Finance 91

Management Consulted

NOVEMBER 2, 2018

The post Big Banks move internship recruiting back – what it means for consulting internship recruiting appeared first on Management Consulted.

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Recruiting Recruitment Banking Consulting 114

Tom Spencer

NOVEMBER 5, 2016

When news broke in late October that some of London’s largest banks were investing in Bitcoin , cryptocurrencies in general got another boost. Beyond hoarding digital currency as a defensive move in the age of DDOS bank robbers, banks are beginning to think about ways that bitcoin could be used within the banking industry globally.

Banking 60

Banking Report Industry Finance 60

CaseInterview.com

SEPTEMBER 26, 2019

What follows is a success story I received from a reader who transitioned from banking to consulting as an experienced hire. My background: 4 years as equity analyst, MBA, 5 years in banking in equity capital markets (IPOs and such). The tips offered should be useful for those of you in similar situations.

Banking 40

Banking Case Interview Consulting McKinsey 40

Management Consulting Prep

SEPTEMBER 24, 2019

Why should you choose Management Consulting over Investment Banking? Now landing a job in either one … Management Consulting Vs Investment Banking Read More » The post Management Consulting Vs Investment Banking appeared first on Management Consulting Prep. Two of the highest-paying jobs.

Banking 40

Banking Management Consulting 40

1 to 1

OCTOBER 14, 2022

The landscape of retail banking is rapidly changing. Physical banks are closing and the age of virtual banking is here. It is causing banks and financial services firms to adapt to a whole new way to provide personalized services. The shift to virtual banking. The business side of messaging.

Banking 32

Banking Financial Efficiency Retail 32

MishTalk

FEBRUARY 21, 2014

I seriously do not understand this "Bad Bank" concept. If for some reason you disagree, please note that Spain now needs a "Bad Bank" for "Bad Banks". Via translation from El Economista, please consider Another bad bank? Hopefully investors in "bad banks" in Spain have learned their lesson.

Banking 67

Banking Government Operations Finance 67

BCG

JULY 5, 2016

For all the angst over the disruptive impact of financial technology providers, the smart money in corporate banking sees fintechs as strategic allies, not enemies. Over the past decade, the fintech market has become a hotbed of customer-centric banking innovation.

Banking 75

Banking Small Business Finance Operations 75

Martinka Consulting

JULY 22, 2020

From June 4-10 Jessica and I interviewed bankers representing eight Puget Sound area banks.* This memo is a synopsis of those conversations about what’s going on in banking during the COVID crisis, with a focus on business acquisition loans. First, all the banks are, “Open for business” meaning they are considering making loans.

Banking 40

Banking Cash Flow Analysis Interviews 40

Harvard Business

DECEMBER 18, 2023

Historically, disruption is extremely rare. Only 23 of the 568 companies included in the Fortune 500 since 1997 were under 15 years old when they entered. But right now, there are three forces converging that might transform finance and other industries. The first is the explosive growth of AI.

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Banking Finance Talent Industry 96

BCG

DECEMBER 12, 2016

Corporate banking is a tough business. In fact, BCG’s most recent Corporate Banking Performance Benchmarking survey—of 300 corporate banking divisions around the world serving the small, midmarket, and large business segments—found a dramatic split between the best and the rest. Report Monday, December 12, 2016.

Banking 40

Banking Benchmarking Operations Survey 40

Tom Spencer

SEPTEMBER 9, 2017

As September dawned last week, six more major banks joined a UBS-led effort to create … Continue reading "Battle of The Central Banks: China Declares ICOs Illegal". The writing has been on the wall all summer. The latest news to hammer the point home?

Banking 60

Banking 60

Management Consulting Prep

SEPTEMBER 22, 2019

Why should you choose Management Consulting over Investment Banking? Now landing a job in either one of them is already a … Why should you pick Management Consulting over Investment Banking? Now landing a job in either one of them is already a … Why should you pick Management Consulting over Investment Banking?

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Banking Management Consulting 45

MishTalk

AUGUST 13, 2014

Chinese Credit Just Collapsed and shadow banking with it. Shadow Banking Aggregate social financing was 273 bn yuan versus 1500.0 bn expected and prior was 1970 bn implying that shadow banking credit contracted 112 bn in the month. trillion yuan from the previous month, the central bank said today. bn versus 780.0

Banking 77

Banking Finance Journal Report 77

MishTalk

AUGUST 23, 2014

I received an interesting question on bank lending just a bit ago. Would QE by the ECB spur European bank lending? Banks do not lend from excess reserves. Banks lend (provided they are not capital impaired), when credit-worthy borrowers want credit and banks perceive risks worth lending. Of course not.

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Banking Course Management Strategy 64

Harvard Business

JULY 23, 2024

commercial banks being overexposed to commercial real estate (CRE) have intensified as the global pandemic upended long-held economic assumptions of perpetually subdued inflation, low interest rates, and in-office work. The risks of U.S.

Real Estate 92

Real Estate Banking Conference Analysis 92

Harvard Business

SEPTEMBER 21, 2021

Does addressing structural racism in the financial system align with a major bank’s growth strategy?

Banking 53

Banking Financial System Strategy& 53

Tom Spencer

MARCH 24, 2023

On March 10th, Silicon Valley Bank went bankrupt. Due to the Federal Reserve’s determination to curb inflation it has consistently hiked interest rates for the last 12 months, an outcome that SVB and many other banks failed to anticipate. As the size of SVB’s losses became known, this startled anyone with money in the bank’s coffers.

Banking 97

Banking Industry Real Estate Financial 97

Tom Spencer

JANUARY 19, 2024

The Fed influences the world economy Professors in banking and finance often use the metaphor of the economy as a plane and the Fed as the pilot. The federal funds rate determines the cost of interbank borrowing in the overnight money market, which influences the interest rates that banks charge on consumer and business loans.

Banking 88

Banking Policies Government Tools 88

MishTalk

SEPTEMBER 8, 2014

Banks are in the business of making loans. Exploring Lending Club Bloomberg columnist Mat Levine explores the issue in Lending Club Can Be a Better Bank Than the Banks. There are a lot of ways in which [Lending Club] is not a bank, but the big one is that basically all (95.6 Is that the right model?

Banking 68

Banking Balance Sheet Financial Operations 68

MishTalk

DECEMBER 4, 2013

Most understand the "too big to fail" banks have gotten bigger and bigger over time as they swallow up smaller banks bit by bit. Number of Banks Over Time by Type Total Number of Banks Percent of Banks Vs. 1990 Total Problem Banks as Percentage of All Banks Anyone feel any safer by this?

Banking 57

Banking Management Strategy& Strategy 57

Strategy+Business

JANUARY 15, 2017

Between 2008 and 2014, higher revenue growth correlated with a more focused strategy correlated with higher revenue growth for banks. Banks seeking to thrive in the future should act accordingly.

Banking 55

Banking Strategy& Strategy Strategy 55

BCG

MAY 9, 2016

Despite a tentative financial recovery, the retail-banking industry faces unrelenting, disruptive challenges. Banks that hope to prevail must urgently pursue digital simplicity. That mandate for digital simplicity is the central insight emerging from the research behind this sixth edition of BCG’s annual Global Retail Banking report.

Banking 40

Banking Retail Benchmarking Trends 40