Robotics and intelligent automation continue to be hot topics inside financial institutions, primarily due to the promise of quick cost efficiencies. While there are certainly rapid topline benefits to be gained, the real opportunity for organizations to drive value is through a holistic approach.
The Dodd-Frank Act has been characterized as the financial industry’s version of the PATRIOT Act – drafted in a time of trauma. Now the nation’s financial sector is out of the ICU and into recovery and the next step will be to discharge it back home. But what, exactly, constitutes “home?”
Thomas Sharkey wanted to be a banker his whole life, ever since accompanying his father to the local bank in Lowell as a young boy. Sharkey has realized his dream, spending more than 40 years in banking, including two stints as interim president and CEO of Martha’s Vineyard Savings Bank.
President Donald Trump’s review of post-crisis banking rules could sound the death knell for new global standards now being finalized and rip apart a common approach to regulating international lenders, bankers and regulators said.
Banking industry profits rose in the third quarter and community banks enjoyed a particularly profitable period, even as regulators cautioned bankers about credit risk and reaching for yield in a persistently low interest rate environment.
