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November 26, 2012
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News for the retail banking industry

  Top Story 
  • Demand increasing for commercial bankers
    Competition for commercial bankers is heating up, experts say. Small and midsize banks are starting bidding wars for talent as they boost salaries and offer perks, and average compensation packages have jumped 17% this year, research shows. The Wall Street Journal (11/25) LinkedInFacebookTwitterEmail this Story
Quarterly Small Business Leadership Report
Three industry heavy weights dish up the facts on what you need to know about the future of collaboration, increasing productivity and readying the office for the millennial workforce. Read the guide.
  Retail Banking Roundup 
  Emerging Channels 
  Industry News 
  • Report: Small businesses continue to struggle with loans
    Small businesses continue to have trouble paying off their loans, while demand for new loans remains tepid, according to the Experian/Moody's Analytics Small Business Credit Index. Less consumer demand makes it difficult to pay off loans and the delinquent rate for loans more than 90 days past due is the highest since monitoring began several years ago, officials say. Entrepreneur online/The Daily Dose blog (11/20) LinkedInFacebookTwitterEmail this Story
  Legislative Affairs 
  • Deal is closer to avoid "fiscal cliff"
    Several veteran lawmakers predict the "fiscal cliff" will be avoided as Republicans will agree to raise taxes by limiting deductions and Democrats will agree to reform entitlement programs. Sen. Lindsey Graham, R-S.C., says he will violate his anti-tax pledge because when "you're $16 trillion in debt, the only pledge we should be making to each other is to avoid becoming Greece." The Hill/Blog Briefing Room (11/25), The Wall Street Journal (11/26) LinkedInFacebookTwitterEmail this Story
  • Finance industry seeks to reset relationship with Warren
    Those in the financial industry who fought to defeat Elizabeth Warren for the Massachusetts Senate seat are now making efforts to meet with her after her election. Warren's staff says she was willing to meet with the financial industry before and will do so again. The Boston Globe (tiered subscription model) (11/22) LinkedInFacebookTwitterEmail this Story
  • Some in GOP call for party to distance itself from big banks
    Some Republicans are urging the party to take on a more populist stance to avoid being seen as a defender of big business and the financial industry. "We must not be the party that simply protects the well-off so they can keep their toys," says Louisiana Gov. Bobby Jindal, who is believed to be launching a 2016 presidential bid. The Wall Street Journal (11/25) LinkedInFacebookTwitterEmail this Story
  People and Personalities 
  • Wells' CEO Stumpf: Americans are not investing for future
    In a wide-ranging interview, Wells Fargo CEO John Stumpf discusses the economic outlook, loan activity and the Dodd-Frank Act. Many Americans and businesses are paying off debt and increasing savings, he says. "We're starting a fourth year of the recovery, but it's a very cautious recovery. People and businesses are spending money on things they need, but they're not investing for the future in many cases," he says. CNNMoney/Fortune (11/26) LinkedInFacebookTwitterEmail this Story
  Career Development 
  • Self-defeating behaviors that sink careers
    Demanding a promotion during a recession, throwing temper tantrums and letting professional standards lapse are some of the ways leaders undermine themselves, Rosabeth Moss Kanter writes. "A desire to serve others, an emphasis on values and purpose, a sense of responsibility for long-term consequences, and knowledge of both strengths and limitations can make it easier to avoid these traps," she writes. Bloomberg/Harvard Business Review (11/20) LinkedInFacebookTwitterEmail this Story
  Hot Topics 

Top five news stories selected by CBA SmartBrief readers in the past week.

  • Results based on number of times each story was clicked by readers.
  CBA Connect 
  • CBA's Banking on Youth Competition -- Call for Sponsors
    Now is your chance to join fellow bankers to support the 2013 Banking on Youth Competition. The program's inaugural year was a great success with 13 sponsoring banks and more than 170 entries from youth teams across 33 states. Sponsorship opportunities for 2013 are still available, ranging from $3,000 to $40,000. Visit our website and learn how you can support this growing competition and connect with America's young entrepreneurs to build sustainable ventures. Contact CBA for more information. LinkedInFacebookTwitterEmail this Story

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The passion for setting people right is in itself an afflictive disease."
--Marianne Moore,
American poet and writer

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