By Porter Wright on Last April, a trade association for bank directors, the American Association of Bank Directors reported the results of a survey designed to measure the impact of concerns about personal liability on the decision of bank board members to resign and by individuals to turn down board seats on banking organizations. One of the key concerns, … Continue Reading
By Porter Wright on At year-end, when there may be more time and inclination for busy bank executives (and their counsel) to consider the big picture, a look at financial research from your federal bank regulators may provide insight and food for thought. As a place to start, here are two recent examples. The first is a research project … Continue Reading
By Porter Wright on In early July, the FDIC issued a report on an important subject to many community bankers: brokered deposits. The report to Congress, dated July 8, 2011, was required under Dodd-Frank and describes its view of the present role of brokered deposits in banking. Critical, of course, is the FDIC’s observation that bank failures are frequently linked to … Continue Reading
