Posted by: AmberRoberts in: Financial Services -
We seem to hear and read about financial regulation continually; its impact on banks, small businesses, retail investors, and consumers, and how Donald Trump’s administration may impact, or perhaps reverse, what has already been put in place. My alma mater, Lehigh University, put an interesting spin on the conversation during a recent panel discussion about the unintended consequences of those regulations – both the consequences we have already experienced as well as those that may arise under our new administration.
The conversation touched on ramifications of the better known and far reaching reforms, including Volcker Rule, Dodd Frank and Fiduciary Rule. The common themes behind why there have been so many unintended consequences of these regulations were:
- Lack of Cost Benefit Analysis
- Need for Metrics
- Increased Risk Aversion
Posted by: Erin Krug in: Financial Services -
Consumers receive an average of 350 marketing promotions each month via email, snail mail, mobile and online advertising. Among these messages are promotions for a vast array of financial services product offerings, contributing to the increasingly competitive and challenging marketing landscape for retail banks. To maximize the effectiveness of promotional campaigns, bank marketers should consider promoting fewer products to the right people at the right time in a personalized fashion.
Posted by: Jeff Segvich in: Financial Services -
A few weeks ago, I had the privilege of attending the 2016 ACG Northwest Middle Market Growth Conference in Seattle. Billed as “the biggest and most efficient networking and deal flow conference for middle-market M&A in the Northwest,” it did not disappoint.
The all-day conference at the Fairmont Olympic Hotel featured a keynote session by Gary Locke – formerly the U.S. Ambassador to China, the U.S. Secretary of Commerce, and the Governor of Washington State.