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February 19, 2013
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News for the retail banking industry

  Top Story 
 
  • Demchak bets on Southern branches to boost PNC
    William Demchak, who will become CEO of PNC Financial Services Group in April, says his No. 1 goal is boosting revenue in the Southern states where the bank has expanded recently. "We made a pretty sizable bet on the Southeast, and we need to make sure we grow our presence there," he said. Demchak, known for being both frank and analytical, has worked closely with outgoing CEO James Rohr over the past 10 years and helped guide the bank through the financial crisis. The Wall Street Journal (2/18) 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 
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  Regulatory Report 
  • FSOC needs transparency, analysts say
    Industry analysts are criticizing the Financial Stability Oversight Council, created by the Dodd-Frank Act, as being too secretive. They say the panel is holding too many closed-door meetings and is not adequately publicizing its actions. The Washington Times (2/17) LinkedInFacebookTwitterEmail this Story
  Legislative Affairs 
  • Obama seeks to break impasse on sequester
    President Barack Obama will push harder for Republican lawmakers to compromise on a sequester deal as the March 1 deadline approaches for $85 billion in automatic cuts. Negotiations have reportedly reached a stalemate and Republicans say they will agree to a plan that replaces the sequester with other spending cuts. Obama plans a news briefing that will cast the situation as a choice between safeguarding health care and national defense versus securing tax loopholes for the wealthy. The Hill/Blog Briefing Room (2/19) LinkedInFacebookTwitterEmail this Story
  Career Development 
  • 4 leadership lessons from George Washington
    George Washington led his troops to victory against the British redcoats in 1777 in part by adopting a more democratic approach to leadership, writes Signe Spencer. Rather than simply issuing commands and expecting obedience, Washington sought the advice of his subordinates and thereby hatched a battle plan that was more innovative and effective than anything a single general could have devised alone. Great Leadership (2/17) LinkedInFacebookTwitterEmail this Story
  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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  SmartQuote 
Everything that lives, lives not alone, nor for itself."
--William Blake,
British poet and painter


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