Podcast
The Banker Next Door
Hosted by Dr. Joseph Bergquist · EN
BND is focused on the U.S. Banking industry and how the industry intersects with finance, technology, and economics. Topics discussed can include all types of banking products and lines of business along with strategy, marketing, management, and leadership.
122episodes
Episodes
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The Best of BND: Interview with Bob Newman from Chatham Financial - Part 2
Yesterday00:28:32Tap to summarizeThis is the best of BND: Interviews. Continuing the discussion with Bob Newman from Chatham Financial. Chatham is a global advisory and technology firm focused exclusively on financial risk management. Chatham has expertise in the debt and derivatives markets. The conversation here is based around an example of a “vanilla” derivative transaction, that can help a bank turn mismatches in assets and liabilities on their balance sheet into matches. Link: https://www.chathamfinancial.com/
Transcribe →The Best of BND: Interview with Bob Newman from Chatham Financial - Part 1
2d ago00:31:01Tap to summarizeThis is the best of BND: Interviews. A discussion with Bob Newman from Chatham Financial. Chatham is a global advisory and technology firm focused on financial risk management. Chatham has expertise in the debt and derivatives markets. The conversation focuses on derivatives and how banks can effectively use them to hedge the risk on their balance sheet. Link: https://www.chathamfinancial.com/
Transcribe →The Best of BND: The Lords of Easy Money - Interview with Dr. Thomas Hoenig
5d ago00:26:09Tap to summarizeThis is the best of BND: The Lords of Easy Money. Dr. Thomas Hoenig is the former Governor of the Kansas City Federal Reserve Bank and Vice-Chairman of the FDIC. Dr. Hoenig is the main character in the book The Lords of Easy Money by Christopher Leonard. Dr. Hoenig became famous for his dissenting votes during FOMC meetings in 2010 along with his warnings about prolonged easy money policy.
Transcribe →The Best of BND: The Lords of Easy Money - Looking forward
6d ago00:45:16Tap to summarizeThis is the best of BND: The Lords of Easy Money. In this last episode of the series, we look at what has transpired from the end of the book in 2021 to today. I pose the question one more time, did the Fed save the day or permanently destroy our economy? What do you think?
Transcribe →The Best of BND: The Lords of Easy Money - Part 3
1w ago00:31:16Tap to summarizeThis is the best of BND: The Lords of Easy Money. This episode reviews Part 3 of the bank, which covers chapters 13-16.
Transcribe →The Best of BND: The Lords of Easy Money - Part 2
1w ago00:21:08Tap to summarizeThis is the best of BND: The Lords of Easy Money. This episode reviews Part 2 of the book, which covers chapters 7-12.
Transcribe →The Best of BND: The Lords of Easy Money - Part 1
1w ago00:30:37Tap to summarizeThis is the best of BND: The Lords of Easy Money. This episode reviews Part 1 of the book, which covers chapters 1-6.
Transcribe →BND: July 4th Special - Celebrating America 250
2w ago00:20:15Tap to summarizeThis July 4th we celebrate America’s 250th birthday by considering Adam Smith’s view of free trade. What did he get right and what might he have gotten wrong? We also consider 10 enduring lessons from Adam Smith. In addition, what American classics should you be reading this 4th of July? This episode reviewed multiple articles from The Epoch Times (subscription required).
Transcribe →Checking up on CECL
2w ago00:17:07Tap to summarizeThis is a great time for your bank to treat the 2Q CECL cycle as a ‘health check’ on the process. Consider questions such as: has anything changed in our portfolio and macro view? How did your ACL move from quarter to quarter? Do we need to consider any changes to our key assumptions and qualitative factors? Other components to review third-party models, overlays, qualitative factors, documentation, ALCO, and credit risk. Additional consideration, is your bank telling one story? Is credit, ALCO, risk, stress testing, and the Board all in sync with the same narrative? Finally, what should your bank be focusing on for the rest of 2026 and 2027? Refresh qualitative frameworks, clarify governance management of overlays, document how vendor models are configured, streamline CECL documentation, and use board and committee packages to connect CECL outcomes to the broader risk and performance picture. This episode examined a blog post from PCBB titled “CECL: Turning interest rate volatility into a governance check.” A link to the blog post is included below. Link: CECL: Turning Interest Rate Volatility into A Governance Check
Transcribe →What did the Fed discover from their focus group on Unbanked and Underbanked demographic?
2w ago00:14:19Tap to summarizeThe Cleveland Federal Reserve Bank recently conducted a focus group with subjects representing the Unbanked and Underbanked demographic. What they found was that this group really likes cash, alternatives such as prepaid cards, fintech tools, and money orders were very popular, hacking fears and bank fees are a top concern, complained about the time it took to open a bank account, and had some negative experiences with banks. On the plus side, subjects stated that they liked checking accounts and debit cards and felt that having a bank account helped them to build credit. They also liked the convenience of bank branches. This episode reviewed a blog post from PCBB titled “The unbanked: Fears, fees, and missed connections.” A link to the blog post is included below. Link: The Unbanked: Fears, Fees, and Missed Connections
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