Dec 26, 2024
Recently, a board chair described to us his approach toward managing his board of directors and how he strives to improve overall corporate governance for the organization by focusing on “the three E’s.” By this, he meant that they ask directors to focus on board engagement, education, and evaluation.
Oct 8, 2024
To paraphrase President Reagan, a recession in banking is when banks face funding and cost of funds challenges. Banks, however, can replenish their liquidity. In contrast, borrowers may be experiencing a depression. At a minimum, borrowers are undergoing a liquidity crisis.
Oct 8, 2024
A Texas court set aside the Federal Trade Commission’s (FTC’s) Final Rule banning all non-compete clauses days before it was set to take effect on Sept. 4. Ryan LLC v. FTC, No. 3:24-CV-00986-E, 2024 U.S. Dist. LEXIS 148488 (N.D. Tex. Aug. 20, 2024). The court’s ruling bars the FTC from enforcing the Final Rule nationwide. Although the FTC lost this battle, it may be winning the war.
Oct 8, 2024
It’s been a while, but the tightening cycle that started in early 2022 has finally run its course. It appears the price stability mandate has been met sufficiently for the focus to turn to maximum employment. The rate cut in September marks the first time in four and a half years that the target rate of fed funds has dropped.
Oct 8, 2024
With your ICBA Bank Director Program subscription you have access to attorneys from Jackson Lewis to help with your employment law questions.
Aug 19, 2024
The importance of artificial intelligence (AI) literacy cannot be overlooked as AI is rapidly transforming the banking industry. As this technology evolves, so do the risks and opportunities.
Aug 19, 2024
The importance of artificial intelligence (AI) literacy cannot be overlooked as AI is rapidly transforming the banking industry. As this technology evolves, so do the risks and opportunities.
Aug 19, 2024
Attracting and retaining key personnel is a regular topic at strategic planning sessions. It fits neatly into the big strategy of making sure the bank has appropriate management succession at all levels.
Aug 19, 2024
With so much discussion around card transactions, what does a bank director need to know about interchange and swipe fees to understand their fiduciary duties and guide their decisions?
Jun 26, 2024
With your ICBA Bank Director Program subscription you have access to attorneys from Jackson Lewis and Gerrish Smith Tuck for help with your employment law and corporate governance questions.