Currently reading about bears.
Currently reading about bears.
Readers: What was the best book you read in August?
Live footage of me turning in my latest article for Bank Director magazine.
Job Description for Writer/Editor Position (1/2)
Job Description for Writer/Editor Position (2/2)
Bank Director/FinXTech is hiring a banking and fintech editor! DM if you have questions about the role. (Note: Iβm not the EIC but would be your potential colleague on the editorial team.)
And I have GOT to read James, without a doubt.
I also recently read Klara and the Sun!
And reducing my social media habit has been a net good for my more enjoyable reading habit.
Iβm reading Empire of AI right now plus the audiobook of The Very Secret Society of Irregular Witches. (Cozy witch fiction is a favorite genre for me right now.)
We donβt talk often enough about the after effects of large natural disasters β hurricanes, fires, floods. How long it takes to rebuild, whether people want or can rebuild, and how many people are displaced.
What have you read and enjoyed recently?
I read some strong nonfiction in May, including Careless People by Sarah Wynn-Williams and The Dark Queens by Shelley Puhak.
Donβt sleep on this
Some thoughts on Trump's EO re "disparate impact" and its impact on financial services.
www.joshualawfirm.com/2025/04/trum...
Iβm not feeding the other site at all. Iβve actually been on social less which is nice.
Ouch. π
Iβm going to try. Iβm better on LinkedIn β is that sad?
Latest issue of Bank Director is up and explores:
*What Trump 2.0 means for bank regulation
*The SoCal fires and the state of the insurance industry
*Why a bank directorβs job is now tougher
*Why cybersecurity and fraud are top of mind in our 2025 Risk Survey
www.bankdirector.com/magazine/2nd...
Jamie Dimon said JPMorgan will scale back spending on some diversity initiatives that he sees as a waste of money, while he also reiterated the bankβs commitment to working with Black, Hispanic and LGBTQ communities
πGift Link: www.bloomberg.com/news/article...
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Someone just turned in her latest story for Bank Director magazine. (Itβs me.)
Capital Economics: βThe resulting surge in US inflation from these tariffs and other future measures is going to come even faster and be larger than we initially expectedβ¦The window for the Fed to resume cutting interest rates at any point over the next 12 to 18 months just slammed shut.β
I donβt believe this analysis includes now likely retaliatory actions β so Iβd posit negative effects would be worse than projected here.
Currently reading:
Mistborn
Dear Chairman
What an Owl Knows
Sharing my January 2025 reads (from @thestorygraph.com) β topping the list were How to Sell a Haunted House, My Darling Dreadful Thing and Orbital.
What are you reading now?
Michaud shares a chart regularly that describes the market share shift by the biggest banks. This is despite a growth cap on Wells Fargo and lack of growth at Citi.
Weβve kicked off Acquire or Be Acquired! #AOBA25 KBWβs Tom Michaud is providing an industry update β says weβre in the next M&A wave and believes banking has turned a corner.
The latest issue of Bank Director magazine is out now β with my cover story on the seven deadly sins of bank boards! I spent time wading through material loss reviews and talking to seasoned bank leaders for this piece. Check it out at BankDirector.com (subscription needed).
Best Reads of 2024
Fiction + Non-Fiction
*Note, this is the best I read this year, not based on when it was published.
Whatβs on your list?
As the planet warms, insurance companies are dropping homeowners in communities they deem too dangerous because of wildfires, hurricanes and other threats. Now, for the first time, the scale of that pullback is becoming public. nyti.ms/41EOpNc
Two words dominated @federalreserve Chairman Powellβs comments today. βUncertainty & Caution.β
The Fed reluctantly cut, with a significant amount of push back in the meeting. Dissent from @ClevelandFed Prez was not done in a vacuum. Three participants were with her.
Velvet military jacket from Boden
When I say this looks exactly like my high school band uniform β¦
In addition to the toll on people, environmental damage: βThe economic damage caused by extreme weather is rising, according to β¦ Swiss Re. β¦ estimated economic losses in 2024 rose by 6% to $320bn, a figure 25% higher than the average over the previous 10 years.β
What Iβm reading now: Hell Bent by Leigh Bardugo, Tulsa 1921 by Randy Krehbiel, Deciding Whatβs True by Lucas Graves & The Forest for the Trees by Betsy Lerner
Whatβre you reading?
Me π
Bank leaders donβt like credit unions buying banks, according to Bank Director's 2025 Bank M&A Survey β until itβs time to sell.
An uptick in these deals has largely been driven by price. Uncover the reality behind these transactions: www.bankdirector.com/article/coul...