July, 2011

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Banker Quotes: As Told to Me v2

Jeff For Banks

'I learn a lot from bankers as I visit their offices, speak to them on the phone or at industry events. Occasionally they will offer an insight that I think my Twitter followers would find interesting. Below are selected quotes that I tweeted this year along with my brief insights or background regarding the comment. Note that if the quotes exceeded 140 characters, I would have abbreviated or substituted some words to make them fit.

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Guest Post: Second Quarter Economic Update by Dorothy Jaworski

Jeff For Banks

'2011 started with so much economic promise. Jobs were being created, stock markets were rising. Interest rates were rising quickly too, in anticipation of strong economic growth. Then, oil and gas prices spiked over the unrest in Egypt and Libya. Gas prices reached $4.00 per gallon in May and everyone’s tipping point was reached. Enough! Consumers cut back spending and continue to pay down or shun debt.

Survey 64
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How do you feel about a 30% capital ratio?

Jeff For Banks

'I try to keep myself abreast of the significant changes within the banking industry so I can perform research, form a reasonable opinion, and advise my clients. But some industry luminaries are throwing out some far reaching opinions that I think need refuting. Take Simon Johnson, former chief economist of the International Monetary Fund, co-author of 13 Bankers , and commentator on the NY Times Economix blog (see photo).

Capital 64
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Brain Science Anyone?

Jeff For Banks

'I recently attended a client''s all day strategy session. My firm had a small presentation, and were available for Q&A throughout the day. But most of the day we were in the audience, listening to presentations by the executives of the bank and other consultants. Part of the program was a continuation of the leadership program for bank executives.

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Back to Basics with Reconciliations

Join us in this webinar, where we share best practices on how to think about the reconciliation work each month, when best to do reconciliations, how they should be prepared, and some common pitfalls to avoid. Learning Objectives: This course objective is to understand how to properly prepare and review balance sheet reconciliations and its impact on the financial statements.