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January 25, 2013
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News for the retail banking industry

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  Retail Banking Roundup 
 
  • Report: Banks closed 2,267 branches in 2012
    Banks opened 1,149 branches in 2012 and closed 2,267, leading to a net loss of 1,118 branches, reports SNL Financial. Banks are trimming branches as a way to reduce costs and shift more to mobile and online banking, experts say. CNNMoney (1/25) LinkedInFacebookTwitterEmail this Story
Transformational Journeys: Modern Business Planning
Harvard Business Review explores why CFO's and their finance organizations must adapt to the changing landscape of their markets and how big data, organizational collaboration, and new cloud-based planning and analysis technologies are driving successful change.
Click here to access the report.

  Industry News 
  • Moody's: Banks still face economic challenges
    American banks will continue to face an uncertain economic future because of low interest rates, slow growth and fiscal-policy uncertainty, according to Moody's Investors Service. "Banks have been cutting costs throughout 2012; the levers are diminishing in terms of what they can do to help offset the margin pressure," said Joseph Pucella, a senior banking analyst at Moody's. AmericanBanker.com (free registration) (1/24) LinkedInFacebookTwitterEmail this Story
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  Legislative Affairs 
  The Future of Money 
  • E-signatures are gaining ground
    E-signature technology is becoming more mainstream in the banking industry, with U.S. Bank launching it in 3,000 branches for consumer loans and leasing, and Chase testing it in pilot projects. While there are challenges, experts say, the legal system is embracing e-signatures. AmericanBanker.com (free registration) (1/23) LinkedInFacebookTwitterEmail this Story
  • Other News
  People and Personalities 
  • Kashkari considers public office run in Calif.
    Neel Kashkari, the former head of the Troubled Asset Relief Program, is eyeing a run for public office in California. Kashkari says he is leaving his post at Pacific Investment Management and could run as a Republican. He has not specified which office he might target. The Wall Street Journal (1/23) LinkedInFacebookTwitterEmail this Story
  Career Development 
  CBA Connect 
  • CBA LIVE 2013: The Future of Money
      
    Are you ready for the Future of Money? CBA LIVE 2013, March 11-13 in Phoenix, Ariz., will bring together the top executives in retail banking to learn, exchange ideas and identify solutions to the challenges facing our industry. Our 2012 event was a record-breaking success with more than 1,000 banking leaders in attendance! Now in its fourth year, CBA LIVE features expert panels and distinguished speakers across nine forums of tailored programming. Reserve your space today and join us for this must-attend event. LinkedInFacebookTwitterEmail this Story

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  SmartQuote 
In youth we learn; in age we understand."
--Marie von Ebner-Eschenbach,
Austrian writer


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