From how-to articles, director training videos, key interviews with industry leaders and more, Bank Services provides bank executives and directors with the tools to help grow their financial institutions. To sign up for exclusive access to this online bank board resource, please contact Bank Services at 615-777-8461 or [email protected].
Market Intelligence
Riding the Bank Deposit Rollercoaster
After seeing a massive surge in deposits due to the Covid-19 pandemic, bankers have spent much of the past three years scrambling to retain their piece of a shrinking pie amid high rates, quantitative tightening and a regional banking crisis. Now, the tide appears to be turning: Total bank deposits have rebounded from recent lows of a year ago and are projected by consulting firm McKinsey & Co. to increase by 4% a year for the next several years. Data from the last five years shows the rollercoaster ride deposits have been on. As people received government stimulus payments and…
Banks Are Funding NonBanks
As nonbank financial institutions (NBFIs) continue to grow, many bankers worry that their role as the primary conduit of credit is being usurped. The truth might be more complicated than that, according to research released in June from the Federal Reserve Bank of New York. Researchers argued that banks have supported the rise of NBFIs with term loans and lines of credit in response to changing regulations and a perceived need to shift risk from their balance sheets to the public markets. It’s less a zero-sum game where NBFIs are stealing bank business and more of a longer-term “transformation” of…
READ THE ARTICLE
Magazine Subscribers please enter your email and password below.
BANK SERVICES members please login .
WRITTEN BY
John Engen
Contributing Writer
John Engen is a contributing writer for Bank Director. He has more than 30 years of experience as a business journalist, writing for a variety of newspapers and magazines, and was a foreign correspondent for the Associated Press. He graduated with a degree in economics and international relations from the University of Minnesota and did his post-graduate work in Asian studies at the University of Hawai’i.