Tom Brown’s Banking Weekly 9/10/21

–Copyrighted Material; Do Not Forward, Photocopy, or Redistribute In Any Way– Vol. VI, No. 36 TOM BROWN’S BANKING WEEKLY: 9/10/21 Financial Services Insights and Intelligence FIRST WORD: Debt Collectors Encore Capital and PRA Group. For the last 20 years I have been a big fan of the debt collection business as I have watched it…

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Tom Brown’s Banking Weekly 8/27/21

–Copyrighted Material; Do Not Forward, Photocopy, or Redistribute In Any Way– Vol. VI, No. 34 TOM BROWN’S BANKING WEEKLY: 8/27/21 Financial Services Insights and Intelligence FIRST WORD: First Western Financial, a very young First Republic? San Francisco-based First Republic Bank is a great American business success story founded, and still led by, Jim Herbert. It’s a…

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Tom Brown’s Banking Weekly 8/20/21

–Copyrighted Material; Do Not Forward, Photocopy, or Redistribute In Any Way– Vol. VI, No. 33 TOM BROWN’S BANKING WEEKLY: 8/20/21 Financial Services Insights and Intelligence FIRST WORD: Alliant Credit Union has earned a great reputation. In the 1990s, I got to know Dave Mooney when he was running parts of Chase’s consumer business. In 2003, he…

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Tom Brown’s Banking Weekly 8/13/21

–Copyrighted Material; Do Not Forward, Photocopy, or Redistribute In Any Way– Vol. VI, No. 32 TOM BROWN’S BANKING WEEKLY: 8/13/21 Financial Services Insights and Intelligence FIRST WORD: Thoughts from M&T’s thoughtful and effective CEO, René Jones. As typically happens, my talk this week with M&T Bank’s René Jones was full of great insights by him. Last…

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Tom Brown’s Banking Weekly 8/6/21

–Copyrighted Material; Do Not Forward, Photocopy, or Redistribute In Any Way– Vol. VI, No. 31 TOM BROWN’S BANKING WEEKLY: 8/6/21 Financial Services Insights and Intelligence FIRST WORD: Triumph Bancorp is creating a new payments network. I didn’t know of Triumph Bancorp, or its CEO, Aaron Graft, 18 months ago, but I have gotten to know…

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Tom Brown’s Banking Weekly 7/30/21

–Copyrighted Material; Do Not Forward, Photocopy, or Redistribute In Any Way– Vol. VI, No. 30 TOM BROWN’S BANKING WEEKLY: 7/30/21 Financial Services Insights and Intelligence FIRST WORD: Washington Trust’s steady performance improvement. As I’ve been looking at sub-$10 billion banks that I’m not familiar with in recent weeks, I came across Rhode Island-based Washington Trust Bancorp. Two…

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Tom Brown’s Banking Weekly 7/23/21

–Copyrighted Material; Do Not Forward, Photocopy, or Redistribute In Any Way– Vol. VI, No. 29 TOM BROWN’S BANKING WEEKLY: 7/23/21 Financial Services Insights and Intelligence FIRST WORD: An update from Mary Mack, head of consumer banking at Wells Fargo. There is no one in banking that I can think of who’s had a more difficult,…

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Tom Brown’s Banking Weekly 7/16/21

–Copyrighted Material; Do Not Forward, Photocopy, or Redistribute In Any Way– Vol. VI, No. 28 TOM BROWN’S BANKING WEEKLY: 7/16/21 Financial Services Insights and Intelligence FIRST WORD: Big changes at Texas Capital. When I became a bank analyst in the early 1980s, large Texas banks were the darlings of the industry. They were highly profitable and…

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Tom Brown’s Banking Weekly 7/9/21

–Copyrighted Material; Do Not Forward, Photocopy, or Redistribute In Any Way– Vol. VI, No. 27 TOM BROWN’S BANKING WEEKLY: 7/9/21 Financial Services Insights and Intelligence FIRST WORD: The remarkable success story that is nCino. I first came to know nCino and its CEO, Pierre Naudé, years ago on a visit to see Live Oak Bancshares…

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Tom Brown’s Banking Weekly 7/2/21

–Copyrighted Material; Do Not Forward, Photocopy, or Redistribute In Any Way– Vol. VI, No. 26 TOM BROWN’S BANKING WEEKLY: 7/2/21 Financial Services Insights and Intelligence FIRST WORD: Meta Financial is expanding its banking-as-a-service (BaaS) business model. The investment partnership I manage has owned Meta Financial for quite a while. When I first got interested in the…

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