Commercial Banking

During Q3 earnings calls, senior executives of eight of the biggest U.S. consumer banks talked to analysts about the impact of inflation on credit now and about their expectations for the impact of a recession. So far, it seems, the overall impact of the recession has been muted, but all, including our biggest banks, are preparing for a turn to the worse. During third quarter 2022 earnings briefings, many large bank leaders have continued to…

We’ve all been eyeball-deep in PPP for eight weeks, and now debt forgiveness is looming ahead, albeit with minimal guidance. As you organize yourself to handle this next deluge, I’m sure you’ll apply many of the lessons learned during the initial PPP process.  In addition, here are some thoughts for you: • Don’t wait.  Start organizing – not just planning – right now.  Put together a committee that meets frequently to pull together the resources,…