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Tom Brown’s Banking Weekly 2/26/21

By Matthew Stichnoth / / Comments Off on Tom Brown’s Banking Weekly 2/26/21

–Copyrighted Material; Do Not Forward, Photocopy, or Redistribute In Any Way– Vol. VI, No. 8 TOM BROWN’S BANKING WEEKLY: 2/26/21 Financial Services Insights and Intelligence FIRST WORD: Things are humming at Ally. This week I was able to catch up with Ally Financial CEO Jeff Brown, who has done a terrific job since he took…

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Tom Brown’s Banking Weekly 2/19/21

By Matthew Stichnoth / / Comments Off on Tom Brown’s Banking Weekly 2/19/21

–Copyrighted Material; Do Not Forward, Photocopy, or Redistribute In Any Way– Vol. VI, No. 7 TOM BROWN’S BANKING WEEKLY: 2/19/21 Financial Services Insights and Intelligence FIRST WORD: Investors have a losing record with SPACs. In and of themselves, special purpose acquisition companies are merely an investment structure; they are neither inherently a good or bad…

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Tom Brown’s Banking Weekly 2/12/21

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–Copyrighted Material; Do Not Forward, Photocopy, or Redistribute In Any Way– Vol. VI, No. 6 TOM BROWN’S BANKING WEEKLY: 2/12/21 Financial Services Insights and Intelligence FIRST WORD: Enova, a truly data-driven subprime lender. Chicago-based Enova International was started in 2004 by the brilliant serial entrepreneur Al Goldstein. His concept was to build a subprime consumer lender…

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Tom Brown’s Banking Weekly 2/5/21

By Matthew Stichnoth / / Comments Off on Tom Brown’s Banking Weekly 2/5/21

–Copyrighted Material; Do Not Forward, Photocopy, or Redistribute In Any Way– Vol. VI, No. 5 TOM BROWN’S BANKING WEEKLY: 2/5/21 Financial Services Insights and Intelligence FIRST WORD: My talk this week with Jamie Dimon. I have known many truly outstanding banking CEOs over the years who’d surely be first-year selections to (if there were such a…

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Tom Brown’s Banking Weekly 1/29/21

By Matthew Stichnoth / / Comments Off on Tom Brown’s Banking Weekly 1/29/21

–Copyrighted Material; Do Not Forward, Photocopy, or Redistribute In Any Way– Vol. VI, No. 4 TOM BROWN’S BANKING WEEKLY: 1/29/21 Financial Services Insights and Intelligence FIRST WORD: KeyCorp to debut a national digital bank with a twist. When KeyCorp announced its fourth-quarter earnings, it also announced that on March 30 (National Doctors’ Day), it would launch…

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Tom Brown’s Banking Weekly 1/22/21

By Matthew Stichnoth / / Comments Off on Tom Brown’s Banking Weekly 1/22/21

–Copyrighted Material; Do Not Forward, Photocopy, or Redistribute In Any Way– Vol. VI, No. 3 TOM BROWN’S BANKING WEEKLY: 1/22/21 Financial Services Insights and Intelligence FIRST WORD: Bank of America’s iceberg quarter.  Bank of America, like so many banks that announced their fourth-quarter earnings this week, reported better-than-expected bottom-line results, and the primary cause which…

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Tom Brown’s Banking Weekly 1/8/21

By Matthew Stichnoth / / Comments Off on Tom Brown’s Banking Weekly 1/8/21

–Copyrighted Material; Do Not Forward, Photocopy, or Redistribute In Any Way– Vol. VI, No. 1 TOM BROWN’S BANKING WEEKLY: 1/8/21 Financial Services Insights and Intelligence FIRST WORD: Signature Bank makes adjustments, and grows. New York-based Signature Bank has enjoyed an incredible record since its founding in 2001 by Joe DePaolo, Scott Shay, and John Tamberlane,…

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Tom Brown’s Banking Weekly 12/24/20

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–Copyrighted Material; Do Not Forward, Photocopy, or Redistribute In Any Way– Vol. V, No. 52 TOM BROWN’S BANKING WEEKLY: 12/24/20 Financial Services Insights and Intelligence FIRST WORD: An update on the Mechanics Bank transformation. Gerald Ford and Carl Webb have a long and distinguished track record of buying mediocre-performing banks, improving their profitability, boosting their…

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Tom Brown’s Banking Weekly 12/18/20

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–Copyrighted Material; Do Not Forward, Photocopy, or Redistribute In Any Way– Vol. V, No. 51 TOM BROWN’S BANKING WEEKLY: 12/18/20 Financial Services Insights and Intelligence FIRST WORD:  A Talk with Stride Bank’s CEO Brud Baker. For the last few years, I have kept hearing great things about Stride Bank. Chime CEO Chris Britt told me,…

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Tom Brown’s Banking Weekly 12/11/20

By Matthew Stichnoth / / Comments Off on Tom Brown’s Banking Weekly 12/11/20

–Copyrighted Material; Do Not Forward, Photocopy, or Redistribute in Any Way– Vol. V, No. 50 TOM BROWN’S BANKING WEEKLY: 12/11/20 Financial Services Insights and Intelligence FIRST WORD:  Capital One’s Rich Fairbank’s thoughts on consumer credit. Capital One CEO Rich Fairbank doesn’t give many investor presentations, so when he does, as he did at the Goldman…

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