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Tom Brown’s Banking Weekly 10/2/20
Vol. V, No. 40 TOM BROWN’S BANKING WEEKLY: 10/2/20 Financial Services Insights and Intelligence FIRST WORD: Kudos to the CBA for its virtual conference. For the last several years, the annual CBA Live, put on by the Consumer Bankers Association, has been one of my favorite conference events. I was prepared to join 1,700 others in…
Read MoreTom Brown’s Banking Weekly 9/11/20
Vol. V, No. 37 TOM BROWN’S BANKING WEEKLY: 9/11/20 Financial Services Insights and Intelligence FIRST WORD: Exciting times at FIS. FIS is obviously huge, with 55,000 employees located in well over 100 countries. Its market capitalization is $91 billion, which puts it on par with Citi ($106 billion), and Wells Fargo ($99 billion). Not only is…
Read MoreTom Brown’s Banking Weekly 6/26/20
Vol. V, No. 26 TOM BROWN’S BANKING WEEKLY: 6/26/20 Financial Services Insights and Intelligence FIRST WORD: The remarkable transformation of OneMain Financial. In 2011, Jay Levine became CEO of Springleaf Financial, which at the time was a good-sized, branch-centric consumer finance company. He immediately started to transform everything about Springleaf. His most important move was Springleaf’s 2015…
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