BankNews April 2015

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Michigan editorial: most area lawmakers don’t understand basic economics

Kansas City Star editorial: Economy weathered a rough year … maybe

Kansas City Star editorial: Wider income gap a threat

Mortgage Rates Post Slight Increase

August 21 – Mortgage rates were up modestly this week, with the benchmark 30-year fixed mortgage rate rising to 4.06 percent, according to Bankrate.com’s weekly national survey. The 30-year fixed mortgage has an average of 0.25 discount and origination points.

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American Banker and BAI Kick Off FinTech Forward 2015

May 18 – American Banker and BAI have announced the call for nominations for the 2015 FinTech Forward rankings. Through the strategic alliance of American Banker and BAI, FinTech Forward reaches banking’s largest, most influential and most engaged community of executives and technology leaders.

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Carl Marks Banking Consultant Makes ‘People to Watch’ List

March 25 – Carl Marks Advisors, a leading consulting and investment banking advisor to middle market companies,  announced that Charles Boguslaski has been named one of the “People to Watch — 2015,” according to Turnarounds & Workouts‘ latest special report.  The report recognizes business professionals for their outstanding achievements in working on bankruptcies, corporate renewals, financings, turnarounds, and restructurings. Continue reading “Carl Marks Banking Consultant Makes ‘People to Watch’ List” »

American Banker Index of Banking Activity: Sinking Oil Prices, Weather Take Toll

March 13 – The severe and extended decline in oil prices and a slowdown in consumer activity sapped some of the banking industry’s momentum in January, according to respondents surveyed for the latest American Banker’s Index of Banking Activity (IBA).

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Jack Hartings: At the Heart of Community Banking

By Bill Poquette

Love of community comes up frequently in conversation with Jack Hartings, incoming chairman of the Independent Community Bankers of America. He still lives 10 miles from the high school he graduated from in western Ohio, where the verdant landscape serves as a backdrop for family farms and small towns. Despite a busy travel schedule, he remains active in the community, whether it means serving on the local Kiwanis Club, getting involved in the Chamber of Commerce or attending every home football and basketball game of the local high school. Factors such as these are what keeps community bankers grounded, he says.

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Nominations Now Open for 2015 BAI – Infosys Finacle Global Banking Innovation Awards

February 17 – BAI and Infosys Finacle have announced that nominations are now open for the 2015 BAI – Infosys Finacle Global Banking Innovation Awards. Now in its fifth year, the program is expanding beyond the original categories to reflect changing retail banking industry dynamics with the introduction of three new awards categories — Innovation in Payments, Most Innovative Community-Based Banking Organization and Most Innovative Non-Financial Organization.

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Research from BAI Shows Digital Efforts Top-of-Mind for Retail Banks

October 20 – BAI, the financial services industry’s resource for breakthrough information and intelligence, has released “BAI Retail Banking Outlook,” its latest research report identifying emerging retail-banking habits and trends. The survey of nearly 400 global industry professionals highlights the growing emphasis financial institutions are placing on mobile banking and social media.

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