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News & Commentary
Content tagged with Management Strategies posted in November 2008
Will the Citi Layoffs Signify an Industry Turning Point?
Commentary  |  11/20/2008
When Citi announced mid-November it would eliminate 20 percent of its workforce, it raised the question of whether the job cuts are truly strategic or a sign of banking industry decline.
First Interstate Bank Deploys Training Simulator.
News  |  11/20/2008
First Interstate Bank deploys AML training simulator.
Caught Between Record Layoffs and Hiring Freezes, IT Execs Face a Buyer's Market
News  |  11/20/2008
With record layoffs focused on the financial sector, IT execs formerly in high demand may find themselves in high supply.
Risk and Customers Key Considerations in Mergers
News  |  11/20/2008
Forced unions, toxic assets and politics all raise the stakes for recent bank mergers. However, some basic M&A principles are as true for today's hastily arranged megamergers as they are for traditional acquisitions.
Bank of America Hires Robert de Gidlow for SVP in Liquidity Area
News  |  11/20/2008
De Gidlow fills new position designed to help grow BofA's global liquidity business.
FROM RDS '08: ING Direct's Kuhlmann on Being Different and Saving the Industry
News  |  11/19/2008
When ING Direct's chairman, president and CEO Arkadi Kuhlmann talks, people listen. Kuhlmann was the featured speaker at a morning session at the Retail Delivery show called Innovation Works. The bank chief, who prefers to camp out in the call center than sit in an office, discussed some of the secrets to being unique.
First State Bank Discusses Its M&A Experience
News  |  11/19/2008
The bank's 2004 acquisition wasn't without its bumps in the road, but there will be bumps when both IT and employees face change.
IT Recruitment Not a Problem, Independent Community Bankers of America Survey Finds
News  |  11/19/2008
In first time for recruitment questions only 12 precent of over 1,300 respondents rated IT recruitment as an issue.
What Can Banks Learn from the Xerox Turnaround Story?
News  |  11/18/2008
If there ever was a time when a turnaround story would resonate in the banking industry, it's now. So I attended the presentation by Anne M. Mulcahy, chairman and CEO, Xerox Corp., on the opening day of the 2008 BAI Retail Delivery Conference & Expo in Orlando, eager to learn more about how this organization overcame financial, operational and competitive failures to transform itself and regain market dominance.
SAP Unveils Enhancement Package 4
News  |  11/12/2008
The People Have Spoken
News  |  11/5/2008
The results are in and after a long and contentious campaign, America has declared Barack Obama the next President of the United States.
So Just How Much Should Bank Technology Cost?
News  |  11/3/2008
Forty-four percent of my clients will seek price concessions from their IT vendors. All kinds of prices seem to be going up where we never expected them to, but maybe my clients are using the price of gasoline as their indicator for action. Regular unleaded went from $4.20 per gallon on July 8 to $2.47 last week. Are banker's now thinking there might be an "OPEC" in the bank IT services business that regulates prices based on self-serving methods? Or are they just looking for ways to cut costs t

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