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Tom Brown’s Banking Weekly 10/19/18

By Matthew Stichnoth / / Comments Off on Tom Brown’s Banking Weekly 10/19/18

Vol. III, No. 41 TOM BROWN’S BANKING WEEKLY: 10/19/18 Financial Services Insights and Intelligence FIRST WORD: Lessons from Bill Taylor. I first met business thinker (and Fast Company magazine co-founder) Bill Taylor a decade or so ago when he was working on a book that would later become a New York Times bestseller called Mavericks…

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Tom Brown’s Banking Weekly 10/12/18

By Matthew Stichnoth / / Comments Off on Tom Brown’s Banking Weekly 10/12/18

Vol. III, No. 40 TOM BROWN’S BANKING WEEKLY: 10/12/18 Financial Services Insights and Intelligence  FIRST WORD: Second Curve Capital held its annual two-day Financial Services CEO Retreat last week in Chicago.  We’ve been hosting these events since 2001. That first year, as I recall, nine CEOs showed up. This year we had 70, our largest…

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Tom Brown’s Banking Weekly 9/28/18

By Matthew Stichnoth / / Comments Off on Tom Brown’s Banking Weekly 9/28/18

Vol. III, No. 39 TOM BROWN’S BANKING WEEKLY: 9/28/18 Financial Services Insights and Intelligence FIRST WORD: Back in the years just after the recession ended, the funds I manage took positions in a Phoenix-based bank called Western Alliance Bancorp., which was in the process, as were many banks at the time, of working through lingering…

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Tom Brown’s Banking Weekly 9/21/18

By Matthew Stichnoth / / Comments Off on Tom Brown’s Banking Weekly 9/21/18

Vol. III, No. 38  TOM BROWN’S BANKING WEEKLY: 9/21/18 Financial Services Insights and Intelligence FIRST WORD: If you haven’t read any of the annual letters that Jeff Bezos writes to Amazon shareholders, you should. They regularly offer thoughts and insights that can be applied to any business or your personal life. This week I came across…

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Tom Brown’s Banking Weekly 9/14/18

By Matthew Stichnoth / / Comments Off on Tom Brown’s Banking Weekly 9/14/18

Vol. III, No. 37 TOM BROWN’S BANKING WEEKLY: 9/14/18 Financial Services Insights and Intelligence FIRST WORD: This week in Chicago. I had the opportunity to make a presentation this week at Bank Director’s annual Bank Board Training Forum in Chicago. There were about 250 bank directors there, mainly from smaller banks. About half the attendees…

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Tom Brown’s Banking Weekly 9/7/18

By Matthew Stichnoth / / Comments Off on Tom Brown’s Banking Weekly 9/7/18

Vol. III, No. 36 TOM BROWN’S BANKING WEEKLY: 9/7/18 Financial Services Insights and Intelligence FIRST WORD: A must. I enthusiastically recommend retired Bank One CEO John McCoy’s new book,  Here’s the Deal: How the McCoys Built America’s Most Admired Bank One Acquisition at a Time.” It is absolutely fantastic. John has a million stories about banking…

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Tom Brown’s Banking Weekly 8/31/18

By Matthew Stichnoth / / Comments Off on Tom Brown’s Banking Weekly 8/31/18

Vol. III, No. 35 TOM BROWN’S BANKING WEEKLY: 8/31/18 Financial Services Insights and Intelligence FIRST WORD: A success story in collections. What started as Portfolio Recovery Associates, a buyer and collector of charged-off consumer debt, has grown into PRA Group, with a $1.6 billion market capitalization. It is a shining example of an American capitalist…

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Tom Brown’s Banking Weekly 8/24/18

By Matthew Stichnoth / /

Vol. III, No. 34 TOM BROWN’S BANKING WEEKLY: 8/24/18 Financial Services Insights and Intelligence FIRST WORD: Charlie and I travelled to Charlotte, N.C. on Monday to meet with Wells Fargo’s head of community banking, Mary Mack, and Michelle Moore, who runs digital banking at Bank of America.  Both clearly play crucial roles at their companies…

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Tom Brown’s Banking Weekly 8/17/18

By Matthew Stichnoth / /

Vol. III, No. 33 Tom Brown’s Banking Weekly 8/17/18 Financial Services Insights and Intelligence   FIRST WORD: We all enjoy a bit of doomsaying, but Geoff Colvin’s cover story in the July 19 Fortune, “The End is Near,” is preposterous. “The current economic expansion is much nearer its end than the beginning,” he intones up front.…

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Tom Brown’s Banking Weekly 8/10/18

By Matthew Stichnoth / /

Vol. III, No. 32 Financial Services Insights and Intelligence FIRST WORD: Our branch hunt. As a sell-side analyst back in the 1990s as the retail banking business was in a state of great flux, I found myself becoming more and more skeptical that what I was hearing from senior management was really happening on the…

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