Newsletters

Roberto Albertson continues to share his insights about our economy and industry after most of 2Q23 earnings calls are behind us. His unedited words are below, without any editorial comments from me. His strategy deck is also attached, and, as always, is thought-provoking and insightful. “Sharply higher funding costs finally drove linked quarter net income comparisons negative in the second quarter, causing many banks to miss their estimates.  As a result, most banks reduced their…

There is one amazing hotel, a family-owned and run hotel, that is one of our very favorites. This is due primarily to the outstanding food offered in the hotel's various restaurants, as well as the gorgeous setting and beautifully appointed rooms. A recent visit to the hotel reaffirmed the gorgeous setting. Alpine valleys and beautiful forests do not change. However, much else did indeed change. As Dick and I reflected on the newly-designed experience, we…

Stuart Schneiderman is an insightful blogger (stuart.schneiderman@substack.com). He was introduced to me by my friend Tony Ross, Chief Credit Officer and EVP of Woodforest Bank. Stuart recently wrote an article about remote work that will certainly resonate among my CEO readers, who generally strongly feel that a traditional work environment is far more conducive to teamwork, collaboration and acculturation. Read it for yourself and form your own opinion. For a time it appeared that the…