Regulatory reviews are moving faster, and buyers are looking beyond total assets when deciding what to purchase. Some want stronger deposit franchises and greater density in markets they already understand. Others are acquiring specialized teams, AI platforms, payment infrastructure, or regulated banking capabilities that could take years to build internally. Ownership can transfer...
Credit standards are tightening, payment rails are speeding up, fraud is becoming harder to contain, and AI is moving from the sidelines into the daily operating system of the bank. In this evolving landscape, commercial lenders, treasury management officers, risk leaders, compliance officers, wealth advisors, trust officers, and executives are the people that have...
As we navigate through a rapidly changing banking landscape, several key recruitment trends have emerged, shaping how financial institutions approach talent acquisition and workforce planning. As The Richmond Group USA's Banking & Financial Services Division, we've been closely monitoring these developments. In this article, we delve into the most...
Why you might not be winning your top candidates over, and what to do to fix it: Like banking, the environment for recruiting moves in cycles, and much of what makes up those cycles comes down to motivation -- motivation to hire and motivation to be hired. Motivations are constantly...
Research and Relax: Initial Interview Prep Guide to make your initial interview a slam dunk Of the hundreds of candidate conversations we have each month, more than 75% tell us they've NEVER thoroughly prepped for an initial interview. For many, this results in a mediocre interview and a low success...
The tables are turning! Here are the four signs we're seeing that suggest we're now in an EMPLOYER-driven marketplace: 1) 7 out of 10 banks, based on our research, are concentrated on controlling costs as recessionary headwinds increase, significantly decreasing the number of options for candidates. Because banks are looking...
Over the past several months of talking with the c-suite in banks from 0-100B, it's interesting how the approach to this marketplace falls squarely into two camps. Here are the two statements we often hear: -this is the time to hunker down -- hold off on new loan growth in...
