by Brian Pillmore | Jul 17, 2023 | Brian's Blog
I did back in 2008 when I was tasked to start a bank at the height of the financial crisis. On a regular Friday morning, my boss said, “We’re starting a bank.” Unbelievable, isn’t it? Amidst a financial crisis, we established an $11 billion...
by Brian Pillmore | Jul 14, 2023 | Brian's Blog
At #Visbanking, we’re shifting the focus from the historical past to the future, leveraging advanced machine learning models. Our work in progress, a bank failure model, already predicted a major bank failure this year. We aim to refine it further to...
by Brian Pillmore | Jul 13, 2023 | Brian's Blog
– My grandfather’s advice has shaped my work ethic and my life. In other words, “Whatever comes out of your mouth, you make it happen.” This Italian saying instilled in me the belief that your “say-do ratio” should be 100%....
by Brian Pillmore | Jul 13, 2023 | Brian's Blog
My trip to Hungary in 2009 landed me right into one! The Hungarian Forint took a 47% plunge against the Euro and Swiss Franc in the middle of 2008. Borrowers with income in Forint were struggling to repay loans made in these stronger currencies. My task? Figuring out...
by Brian Pillmore | Jul 11, 2023 | Brian's Blog
I launched an $11 billion bank amidst the 2008 chaos. 🌪️ Let’s rewind to March 2008, when the world of finance was in turmoil. I was working for GE Corporate at the time, in the securitization business. A meeting with my boss turned into an unexpected adventure...
