Reorganizing for Profitability

The perfect storm of increasing regulatory compliance costs, together with significant pressures on interest and fee income, is leading financial institutions to the conclusion that they must take more aggressive action to stay in business. This eBook provides insight into a process that institutions can follow to prepare for the future through benchmarking, restructuring and process reengineering.

Select a format

eBook:epub
ISBN: 9781630441197
In Stock
Price
$137.00
Best value
QTY
eBook:mobi
ISBN: 9781630441197
In Stock
Price
$137.00
Best value
QTY
International Order Inquiry

Product description

View a sample of this title using the ReadNow feature

As Congress and the banking regulatory agencies work to implement the Dodd-Frank Act, myriad CFPB regulations, and other measures to avoid another banking crisis, the cost of operating a financial institution continues to escalate. In the wake of the Great Recession, many institutions took steps to reduce expenses to meet the economic and fiscal challenges of the jobless economy. But despite those expense reductions, the cost structures of many smaller, community-oriented institutions are still not positioned to survive an extended period of slow economic growth.

For the foreseeable future, persistent credit problems and the low interest-rate environment will continue to put significant pressure on interest margins, and income from fee increases is under public scrutiny making it difficult for institutions to find ways to generate more income. For those institutions that would like to survive current conditions and plan for future growth, reorganizing for profitability may be the only alternative left to consider.

Author Gary Deutsch provides insight into a process that institutions can follow to prepare for the future through benchmarking, restructuring and process reengineering.

eBooks, CDs, downloadable content, and software purchases are noncancelable, nonrefundable and nonreturnable. Click here for more information about LexisNexis eBooks. The eBook versions of this title may feature links to Lexis+® for further legal research options. A valid subscription to Lexis+® is required to access this content.

 

Table of contents

Chapter 1: Reorganizing for Profitability

Chapter 2: Positioning the Financial Institution for the Future

Chapter 3: Benchmarking in a Financial Institution

Chapter 4: Restructuring the Financial Institution for the Future

Chapter 5: Using Cross-Functional Teams to Implement Process Reengineering