Although the fallout from the various large bank failures earlier this year seem to largely be behind us, the banking industry is continuing to struggle from a wide variety of stresses that do not seem likely to disappear anytime soon, including the following:Shrinking Deposit Balances – not a day goes by where there is not…
Category: Economy
Recent Bank Merger Activity Provides New Opportunities To Lend
If you have been watching the headlines in the Banking industry, you will see many large Bank mergers and acquisitions taking place all across the United States as the consolidation in the Banking industry continues. The current consolidation rate is around 3%, meaning 3 out of every 100 Banks in the Country are likely to…
Coronavirus - How Will It Impact Commercial Lending?
The Coronavirus is probably the most important topic at this moment and may be the most important topic in all of 2020 (outside of the Presidential election), and it is causing a lot of confusion, anxiousness, market stress, political turmoil, and even some panic. I have spent a significant amount of time over the past…
Warren & Sanders Tax Plans: How They Will Destroy the American Dream
If you have not been paying attention to the tax proposals being recommended by Presidential candidates Bernie Sanders and Elizabeth Warren, you should. Although their proposals are only seeking to target wealthy earners in the United States, the effects of their proposals will slide down and hurt every American citizen in the long run. Here…