Tom Spencer

MAY 8, 2016

This post provides you with a high level comparison of management consulting and investment banking. Investment banks help companies raise money for various purposes including investment, acquisitions, and provision of working capital. Traders buy and sell securities with the bank’s money with the aim of making money for the bank.

Banking 60

Banking Consulting Comparison Finance 60

Management Consulted

DECEMBER 16, 2008

The cons of investment banking – the long hours, the repetitive and unengaging nature of the work, the lack of non-finance exit opportunities – mattered far more to me than a 6-figure salary. Banking salaries average 50-100% higher than consulting salaries , with the difference increasingly significant as your seniority increases.

Banking 272

Banking Boston Consulting Group Consulting Management 272

MishTalk

NOVEMBER 16, 2014

It also says Ukraine''s central bank is to close down all banking services - including card operations - in some areas within a month. I picked this up from ZeroHedge Ukrainians Line Up to Withdraw Money from a Bank in Donetsk. Human Rights Violations Here''s some additional details on Poroshenko''s Bank Servicing Decree.

Banking 78

Banking Operations Policies Government 78

Tom Spencer

JUNE 16, 2018

Before we dive into why AI is the solution for the banking sector, let’s first explore what big tech companies have in common, how many of them have grown successfully, and what banks can learn. Usage of AI in the Banking Sector. Table 1: AI applications across Canadian and US banks (Source: Financial Post, Techemergence).

Banking 84

Banking Transportation Financial Data 84

Harvard Business

AUGUST 23, 2023

How one 200-year-old regional bank in the U.S. used intrapreneurship to compete with online lenders.

Banking 58

Banking Strategy Strategy Strategy& 58

BCG

JULY 5, 2016

For all the angst over the disruptive impact of financial technology providers, the smart money in corporate banking sees fintechs as strategic allies, not enemies. Over the past decade, the fintech market has become a hotbed of customer-centric banking innovation.

Banking 75

Banking Small Business Finance Operations 75

MishTalk

FEBRUARY 21, 2014

I seriously do not understand this "Bad Bank" concept. If for some reason you disagree, please note that Spain now needs a "Bad Bank" for "Bad Banks". Via translation from El Economista, please consider Another bad bank? Hopefully investors in "bad banks" in Spain have learned their lesson.

Banking 74

Banking Government Operations Finance 74

BCG

DECEMBER 12, 2016

Corporate banking is a tough business. In fact, BCG’s most recent Corporate Banking Performance Benchmarking survey—of 300 corporate banking divisions around the world serving the small, midmarket, and large business segments—found a dramatic split between the best and the rest. Report Monday, December 12, 2016.

Banking 40

Banking Benchmarking Operations Survey 40

BCG

OCTOBER 11, 2016

Bank operating models continue to evolve in response to new regulations, digitization, a volatile economic and risk environment, external threats, and advances by nontraditional competitors. In response, many banks have increased their spending on OR management by more than 50% in the past five years.

Operations 40

Operations Benchmarking Banking Exercises 40

Tom Spencer

APRIL 28, 2023

Central Bank Digital Currencies (CBDCs) are a new form of digital currency that will be issued and backed by central banks. While CBDCs and bank deposits can both be transferred digitally, there are at least five key differences between CBDCs and bank deposits that are worth being aware of.

Banking 88

Banking Financial System Policies 88

Tom Spencer

SEPTEMBER 15, 2023

For instance, a bank might launch a property search platform where it advertises its mortgages, such as the property search site hosted by the Commonwealth Bank of Australia. If you are an iPhone user, can you imagine moving to a mobile phone than runs on an Android operating system? Not likely.

Telecommunications 88

Telecommunications B2B Travel Banking 88

MishTalk

SEPTEMBER 8, 2014

Banks are in the business of making loans. Exploring Lending Club Bloomberg columnist Mat Levine explores the issue in Lending Club Can Be a Better Bank Than the Banks. There are a lot of ways in which [Lending Club] is not a bank, but the big one is that basically all (95.6 Is that the right model?

Banking 74

Banking Balance Sheet Financial Operations 74

Tom Spencer

JUNE 9, 2023

In the digital age, businesses are constantly seeking innovative ways to gain a competitive edge and streamline their operations. From enhancing customer experiences to optimizing decision-making processes, AI is reshaping the way businesses operate and opening up new possibilities for growth.

Data 147

Data Operations Efficiency System 147

Management Consulted

SEPTEMBER 26, 2012

Today we launch a killer combo that every consulting wanna be needs in their repertoire – our online Consulting Case Bank and The Consulting Bible 3rd edition – combining forces to rule over the consulting interview jungle! Starting today you can get BOTH for the price of the Consulting Case Bank.

Banking 113

Banking Case Interview Consulting Interviews 113

MishTalk

JULY 17, 2015

The Bank of Canada admitted on Wednesday that Canada was in Recession. Bank of Canada Governor Stephen Poloz is afraid to speak the "R-Word". What made the Canadian recession easy to spot was the Canadian yield curve inverted out to three years following a surprise rate cut by the Bank of Canada on January 21. Well sort of.

Banking 28

Banking Operations Real Estate Report 28

Tom Spencer

OCTOBER 17, 2020

Digital currency may also help to lower transaction costs, and make it easier for central banks to intervene in the economy. While it is not explicitly used in the monetary system, it is widely held by central banks, and is easily convertible into cash. Central banks will have the ability to print too much of them.

Banking 142

Banking Government Policies Financial 142

Harvard Business

APRIL 26, 2017

It’s been more than 25 years since Bill Gates dismissed retail banks as “dinosaurs,” but the statement may be as true today as it was then. Banking for small and medium-sized enterprises (SMEs) has been astonishingly unaffected by the rise of the Internet.

Banking 43

Banking Small Business Oliver Wyman Retail 43

Tom Spencer

FEBRUARY 4, 2022

A prime example for this phenomenon are Central Bank Digital Currencies ( CBDCs ). Effectively, CBDCs are a digital form of cash , which operate with the backing of the full faith and credit of government. What is the point of Central Bank Digital Currencies then? Currently, approximately 1.7

Banking 88

Banking Government Policies System 88

Tom Spencer

OCTOBER 10, 2020

Since the advent of Bitcoin in 2008, digital currency has been a growing trend and a growing area of interest for consultants, businesses, fintech investors, central banks, and governments. Digital currency vs electronic banking. Another difference is that electronic banking involves interacting with the banking system.

Banking 120

Banking Financial Government Retail 120

Harvard Business

OCTOBER 31, 2017

Just over 10 years ago, French bank BNP Paribas froze U.S. There was a run on British bank Northern Rock. Over the next year, many banks fell. Investment bank Bear Stearns collapsed. We expect investment banks to embark on an even more fundamental makeover during the next decade. The New Face of Investment Banks.

Banking 28

Banking Balance Sheet Financial Finance 28

Johanna Rothman

MARCH 14, 2024

Tools and technology: Operating systems, languages, anything specifically technical. For example, if you have 20 years of experience in banking, you know a lot about the various regulations and how they affect product development. Solution space is from the product (internal) orientation. Industry expertise.

Agile 101

Agile How To Metrics Productivity 101

MishTalk

APRIL 25, 2014

Stephen notes that for the first time, Chinese demand topped 1,000 tonnes, reaching 1,176 tonnes after a 41% year-on-year gain, not including central-bank buying and that " investors have done well in the past with a simple strategy of buying what China was buying. Shadow Banking Demand Story a Big "So What?"

Banking 63

Banking Interviews Government Operations 63

Tom Spencer

MAY 18, 2019

Due to the steady nature of the business (taking a percentage of assets under management each year is a pretty sweet deal), asset managers have a business valued more like a basic corporate than other financial institutions such as banks and insurers. Operating Margins. Image: Pexels.

Industry 113

Industry Real Estate Management Retail 113

The Source

DECEMBER 9, 2021

This year’s World Retail Banking Report is particularly strong when it comes to its use of data and analysis. It leverages substantial research, juxtaposing consumer and banking leadership survey data to pull out some differentiated insights. Quotes from senior bankers add weight to the findings.

Capgemini 59

Capgemini Accenture Analysis Banking 59

Tom Spencer

NOVEMBER 9, 2019

The Business of Banking. Banks are intermediaries for capital and hold the risk when supply and demand is not perfectly balanced. Commercial Banking. A bank, on the other hand, can diversify this credit risk and reduce the average cost of vetting each loan by lending to many borrowers. Investment Banking.

Banking 12

Banking Industry Balance Sheet Retail 12

Business Consulting Agency

AUGUST 22, 2023

operations, such as a subsidiary, branch office, or partnership. operations, factoring in logistical considerations, proximity to customers, and business-friendly environments. Financial Planning : Establish financial operations, including banking relationships, payment processing, and currency exchange. operations.

Marketing 52

Marketing Operations Financial Culture 52

Tom Spencer

MARCH 21, 2020

Over time, the executives get so engrossed in running the day to day operations of the business that they forget that the purpose of the business is to serve it’s customers. One of the big five banks in Canada, Scotiabank, has outsourced printing of cheques to an external vendor called D+H.

Banking 88

Banking Airlines Insurance Insurance 88

Harvard Business

JULY 28, 2016

Across Africa, banking is being redesigned. Technology has emerged as a competitive weapon in driving operational excellence and superior service quality. While the banks compete among themselves, they face existential threats from amalgam of entities, not necessarily possessing bank licenses.

Banking 28

Banking Industry Telecommunications Productivity 28

MishTalk

AUGUST 5, 2015

No Bids on Bank Shares Greek bank shares were down the 30% limit again today, with some bank stocks not fetching any bids at all. The Plunge in Bank Shares Drag Down Broader Market. The Athens bourse's banking index.FTATBNK ended 27 percent lower, bringing the three-day plunge since Monday's open to 63 percent.

Banking 28

Banking Financial Video Government 28

Business Consulting Agency

AUGUST 5, 2023

operations. Financial Planning : Establish financial operations, including banking relationships, payment processing, and currency management. operations. Scaling Strategies : As your business grows, consulting services provide guidance on scaling operations, expanding product lines, and entering new U.S.

Marketing 52

Marketing Analysis Operations Financial 52

MishTalk

JANUARY 20, 2014

Michigan Live reports Highland Park pensions in jeopardy if Fifth Third Bank halts loan payments. The city of Highland Park is operating on financial fumes and the pensions of its retirees could be in jeopardy if Fifth Third, one of the banks providing loans to the municipality, cuts of the money stream.

Banking 76

Banking Finance Financial Report 76

MishTalk

SEPTEMBER 11, 2014

Tale of Two Countries Fearmongering in Scotland hits fever pitch as RBS and four other banks threaten to leave the country if Scotland votes "Yes" for independence. RBS, 4 Other Banks Warn of Relocation to England if Scots Vote Yes On the fearmongering front, RBS warns it would relocate to England if Scots vote Yes.

Banking 75

Banking Retail Government Insurance 75

Tom Spencer

OCTOBER 12, 2019

To begin, I’ll discuss the role of central banks throughout history as one of the primary purposes of Bitcoin was to eliminate the need for central banks, usurping the role of these traditionally powerful entities. The first instances of central banking arose in the late 1600s with the Swedish Riksbank and the Bank of England.

Banking 60

Banking System Finance Financial 60

Tom Spencer

MARCH 21, 2020

Over time, the executives get so engrossed in running the day to day operations of the business that they forget that the purpose of the business is to serve it’s customers. One of the big five banks in Canada, Scotiabank, has outsourced printing of cheques to an external vendor called D+H.

Banking 78

Banking Airlines Insurance Insurance 78

Tom Spencer

OCTOBER 5, 2019

To begin, I’ll discuss the role of central banks throughout history as one of the primary purposes of Bitcoin was to eliminate the need for central banks, usurping the role of these traditionally powerful entities. The first instances of central banking arose in the late 1600s with the Swedish Riksbank and the Bank of England.

Banking 60

Banking System Finance Financial 60

Chad Barr

JANUARY 24, 2024

Spyware: Software that secretly records what you do on your device, often used for collecting passwords, banking details, and personal information. Deepfakes and AI-Generated Scams: These new-age deceptions are alarmingly convincing, capable of swaying opinions and emptying bank accounts. They pose significant risks.

Strategy 52

Strategy Strategy Strategy& Software 52

Tom Spencer

JULY 29, 2022

Human resource teams are critical to the growth of a company since employees typically represent both the biggest operating expense and largest off-balance sheet asset for most businesses. Below I spotlight two types of programs within many leading consulting firms and banks. People Advisory Type Consulting.

Resources 78

Resources Management How To Balance Sheet 78