Sun.Mar 10, 2024

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Labour says it will use state bank to fund female-led businesses

TheGuardian

Exclusive: Shadow City minister Tulip Siddiq to reveal plan for target to end financial exclusion of women Labour plans to set targets for funding female-led businesses through the state-owned British Business Bank and to launch a review of the financial exclusion of women, if it wins the next general election. The initiatives, which will be announced on Monday by the shadow City minister Tulip Siddiq, form part of the party’s financial inclusion agenda, following a review by 10 City grandees ea

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Western Alliance's survival saga

American Banker

Last spring, the company's executives stared down any banker's worst fear: the threat of a deposit run. Here's what kept them off the list of 2023's dead banks.

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A crisis-tested bank CEO's path to leadership

American Banker

Ken Vecchione, leader of Western Alliance since 2018, grew up listening to his parents talk business strategy around the dinner table. He called on those lessons and his more than 30 years of experience to steer the regional bank through last year's turmoil.

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Timeline: Western Alliance dodges a bullet

American Banker

During the March 2023 banking crisis, company executives had to calm panicked customers, shore up liquidity and reassure investors after two other regionals failed. Key decisions during a critical seven-day window likely averted disaster.

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Thinking About How To Lessen Your Burden During Month-End Close? Skystem Can Help!

Most people dread the nearing of the month-end close and reconciliation process, and who can blame them? It's typically a tedious, long, stressful process; but it doesn't have to be. Implementing automation into your month-end process can significantly reduce this headache by automating up to 40% of your reconciliation and saving nearly 30% of your time spent.