Our Blog
Multi-faceted challenges and demands of commercial banking have changed the industry. Employers have discovered that a generous salary isn't enough to seal the deal when recruiting top talent. Today, commercial banker candidates want more than a paycheck; they want to be part of a team where they can have flexibility [...]
Over the past decade, the banking industry has made tremendous strides in establishing secure and convenient technology solutions like online and mobile banking, chip technology, and touchless banking platforms. In 2020, as the global economy faced unprecedented challenges, the industry got a significant push to accelerate its investments in digital [...]
Ultra-high net worth individuals experienced significant loss due to the COVID pandemic. Reports that billionaires added profits to their holdings may be partially accurate, but overall, many lost wealth. The cost to them has been estimated at more than $100 billion. Attacked on several fronts, including health and wealth, these [...]
We’ve learned a lot from the COVID pandemic. The disease can strike anyone, and the hour of death is uncertain. Family dynamics can change in an instant. As a result, many people have reoriented their priorities by redefining work-life balance. For others, it’s putting family first to insulate them from [...]
The times are changing for successful private client advisors. Winning at work has taken a back seat to design the work-life balance you want to live. Private Client Advisor notes, "Quality time with family and socializing with friends is more of a priority. Having a healthy and comfortable home environment is [...]
There's a saying that if you continue to do what you've always done, you'll end up with what you've always had. Nothing will change. Failure to adapt and change can be the end of an organization. Community banking is witnessing the end of an era. The traditional university-to-banking pipeline has [...]
The talent pipeline for commercial banks isn’t drying up. It’s gone home. If you’ve tried to fill open positions recently, you may have noticed that you’re not only competing for the most highly qualified candidates. You’re also competing for the most innovative and flexible work arrangements for your employees. You’re [...]
Commercial banking divisions may find themselves hitting some turbulence in mid-2022 when retaining their leaders and top producers. Nearly 50% of the workforce may turn over, and an exit this large could leave commercial lending divisions with multiple critical positions open by the summer. During the pandemic, employees have been [...]
It’s well-known that taking a vacation helps reduce stress levels, giving us an opportunity to step back from our daily tasks and relax.
