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In: *Connecting the Dots Blog*, Business Continuity, Regulatory Compliance, Risk Management
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Yes, I admit it…I was surfing the FDIC web site this past weekend and I was spending some time reviewing past Financial Institution Letters that the FDIC releases to advise the banking industry of supervisory changes and guidelines. I came across a Financial Institution Letter for Newly Insured FDIC-Supervised Depository Institutions that included the new changes, as well as a list of common elements from troubled or failed institutions. The list offers some potential lessons learned for organizational leaders (board of directors, executive management, compliance and others) and so I thought I would share the list. Rapid growth Over-reliance on volatile funding, including brokered depositsRead More →