Breaking Banks Breaking Banks’ Hot Takes, Live From The Alloy Labs Annual Member Meeting
May 8, 2025
Join industry experts Kia Haslett, a contributor from Bank Director; Alex Johnson from Fintech Takes; and Chris Nichols of South State Bank as they discuss hot topics live from the Alloy Labs Summit. They dive into navigating complex banking regulations post-SVB collapse and explore the shifting dynamics between fintechs and traditional banks. Expect lively debates on economic uncertainties, the need for strategic decision-making, and how risk management plays a pivotal role in today's financial landscape, all sprinkled with humor and candid insights.
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Heated Brokered Deposits Debate
- Bankers debated enthusiastically about brokered deposits during COVID to determine if they were "hot" or not.
- Their spirited debates caused other bankers to avoid them at conferences and happy hours.
Cost of Regulatory Uncertainty
- Deregulation only helps if rules are clear and consistent, which hasn't happened recently.
- Uncertainty freezes responsible players while unleashing risky actors who exploit the confusion.
Importance of Examiner Presence
- Physical presence of bank examiners acts as a crucial accountability check that rules alone can't replace.
- Lack of supervision historically led to increased risk-taking and bank failures.