by Brian Pillmore | Jun 25, 2023 | Brian's Blog
Boom! Just like that, the Bank of England’s forecast goof-up has ignited a heated debate. The very Conservative MP, John Baron, has dropped the “woeful neglect of duty” bomb. Ouch!!!! Yes, errors were made. Not every forecast hits the bullseye, not...
by Brian Pillmore | Jun 21, 2023 | Brian's Blog
The Truth Unveiled! When economic storms hit, some roles in banks face the chopping block to trim expenses. But wait, there’s a twist! 🌀 Certain positions find a rebirth amidst the chaos, opening doors to new possibilities. Curious! Imagine this: sales warriors...
by Brian Pillmore | Jun 21, 2023 | Brian's Blog
Virtually every dollar moves through these systems and they keep our economy running… So, here’s the scoop: Banks rely on a software called the ‘core system’ to keep track of borrowers and depositors. Think of it as the banking world’s very own...
by Brian Pillmore | Jun 6, 2023 | Brian's Blog
The Asset Liability Committee needs to be a management-level committee, and they need to meet weekly. Especially in unstable economic times like these,A quarterly meeting to manage liquidity does almost nothing. Situations change quickly. Banks need to give themselves...
by Brian Pillmore | Jun 3, 2023 | Brian's Blog
1/ Get out in front of it. Word will spread quickly if something like this is on the horizon. Rumors will spread, and most of them won’t be accurate. Don’t let that happen. Get out in front and let all of your employees know well in advance that major changes are...
