Banks and credit unions are working to modernize digital banking experiences by partnering to an increasing degree with fintech firms and third-party solution providers. These collaborations are improving the speed and scale of innovation, often replacing core providers and saving money compared to creating solutions internally. Read the full article…...
Our 15 top predictions for banking and finance jobs in 2022
2021 was kind to most investment banks and financial services professionals, and if you work in the industry this beneficence should be on display when bonuses are awarded in the next few weeks. But what goes up is always in danger of going down, and after a heady 12 months,…...
How Quarterly Financial Reports Affect Employee Job Search | CLS Blue Sky Blog
Quarterly financial reports are an important way for companies to communicate with the capital market, and they clearly affect firms’ access to debt and equity capital. However, the most scarce and sought after resource for many modern, cash-rich companies is not financing but people: human capital. For example, 27 percent…...
Digital banking – nice to have, or essential?
Times of crisis force us to adapt, to take new and different approaches – and to question the existing ones in order to survive. The savings and loan collapse of the 1980s, the 9/11 attacks on New York, the sub-prime mortgage crisis were all pivotal moments that caused radical rethinking…...
What’s In Store For Banking In 2021?
Looking ahead to what is in store for the banking industry would be impossible without taking the pandemic’s transformational changes into account. Covid-19 has accelerated trends which were already underway in most industries, and banking is no exception. While the industry has been transforming for years, progress has been piecemeal…...
Working Toward a More Diverse Industry
Mortgage servicing companies and related businesses have worked to offer better diversity in their companies for many years, but those efforts came into even more focus in 2020 following months of protests and a renewed societal focus on questions of equality and how to move past lingering legacies of racism. The diversity movement strives to eliminate the glass ceiling minorities…...
Banking guide to managing hiring risks
How banks manage risk to create competitive advantage and higher productivity through their most important asset – their people Hiring Risk Management System ties business outcomes to hiring decisions and gives your organization the ability to develop QUANTIFIABLE metrics around: hiring process, efficiency, cost per hire, workforce performance, and talent…...
The Biggest Challenges That HR Faces in the Banking World
The banking industry is thriving. Recent estimates show there are over two million people working in various capacities for banks in the country. Along with increased challenges associated with managing a large number of people, the banking sector faces some unique human resource challenges. Due to the unique nature…...
Top majors for getting an investment banking job
Over the last few years, investment banks have made concerted efforts to recruit a more diverse pool of candidates. While most still covet target schools, almost every investment bank has said publicly that they’re interested in candidates that didn’t necessary major in finance or other traditional disciplines like economics,…...
Human Resources Growing in Importance in the Banking Industry
In its recent 2018 Bank Compensation and Benefits Survey, Crowe found that banks seem to have a new focus on human resources based on their salary increases.According to the survey, in the past year median salaries for chief human resources officers increased more than 7%, while top retail banking officers’…...
Top majors for getting an investment banking job
Over the last few years, investment banks have made concerted efforts to recruit a more diverse pool of candidates. While most still covet target schools, almost every investment bank has said publicly that they’re interested in candidates that didn’t necessary major in finance or other traditional disciplines like economics,…...
Human Resources Growing in Importance in the Banking Industry
In its recent 2018 Bank Compensation and Benefits Survey, Crowe found that banks seem to have a new focus on human resources based on their salary increases.According to the survey, in the past year median salaries for chief human resources officers increased more than 7%, while top retail banking officers’…...
Making The Most of Banking Relationships
Regardless of the type of business you run, you need to have solid relationships with your bank and your banker. But what the bank should expect of you? Perhaps more importantly, what you should expect of the bank? After 45 years in the financial industry, I’ve made certain observations on both…...
