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.
146episodes
Episodes
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BND: Strategy Room Bonus - Elon's wealth is now beyond imagination!
Jun 1500:11:07Tap to summarizeThis video is a clip from BND: Strategy Room Live Stream on June 13, 2026. Elon Musk has become the world’s first Trillionaire! At least on paper. With the IPO for SpaceX dropping this week we look at how much money Elon is worth. We examine a couple of articles from The Wall Street Journal that measure Elon’s wealth and consider just how large a trillion dollars is.
Transcribe →Bank News: Tricolor suit, Bank CEOs are old, deregulation, SARs, M&A, ICE, and more!
Jun 1500:18:55Tap to summarizeBank News: FDIC outlines 5 potential changes that it is considering. Fed Governor Michael Barr is concerned about deregulation. FinCen is directing banks to report suspicious activity around customers immigration status following a recent EO. JPMorgan sees a longer timeline to Agentic AI usage by retail customers. Senator Warren blasts Goldman Sachs CEO for keeping disgraced legal council as and “advisor.” Oklahoma’s BancFirst to purchase SpiritBank. PNC and U.S. Bank CEOs dismissed concern around customer usage of AI. According to a recent study half of bank CEOs are over the age of 65. Citizens Bank losing deposits over ICE ties. Pagaya sues Klarna. President Trump named Brian Johnson as the new head of the CFPB. Judge dismisses suit against JPMorgan, Barclays, and Fifth Third around Tricolor Holdings fraud. The judge did not explain his reasoning. This episode examined multiple articles from Banking Dive. P.S. BND was named to FeedSpot Podcasts Top 80 Best Banking Podcasts for 2026. A link to the list is included below. Link: 80 Best Banking Podcasts to Listen to in 2026
Transcribe →BND: Strategy Room Bonus - AI price war has begun!
Jun 1500:24:39Tap to summarizeThis video is a clip from BND: Strategy Room Live Stream on June 13, 2026. What are tokens? How do companies purchase AI usage through tokens? How are tokens valued from a dollar perspective? These are important questions to understand as the AI price wars have begun. Anthropic and OpenAI have both filed for an IPO, but will they make it? The government forced Anthropic to put the brakes on some of their new models. At the same time, OpenAI is slashing prices to compete against Anthropic and prevent companies from seeking cheaper alternatives. As the AI bill comes due, companies are experiencing major sticker shock! This clip examines articles from CNBC, The Business Journals, and The Wall Street Journal.
Transcribe →BND: Strategy Room Bonus - SpaceX IPO has liftoff!
Jun 1400:14:04Tap to summarizeThis video is a clip from BND: Strategy Room Live Stream on June 13, 2026. The SpaceX IPO has taken flight delivering approximately $75 billion in fresh capital and a $2 trillion dollar valuation. This clip looks back at SpaceX’s beginnings in 2002 and the journey that brought them to today. Elon’s goal was to spark people’s imagination and get them invested in space again. He achieved that and so much more! This clip examined articles from CNBC and The Wall Street Journal.
Transcribe →BND: Strategy Room 6-13-2026
Jun 1402:26:14Tap to summarizeThe Banker Next Door (BND) weekly live stream show. Strategy Room provides financial news, commentary, top stories in the business world, economic indicators, and all things banking for the week.
Transcribe →Review of FDIC OIG report on Metropolitan Capital Bank's failure
Jun 1200:19:39Tap to summarizeMetropolitan Capital Bank & Trust (MCB) failed in January 2026. I covered the failure in a previous episode, but this episode covers the FDIC Office of Inspector General (OIG) report that reviews what they believe caused the failure. The ongoing problems at MCB have been documented. The OIG report concluded that bad loans from poor internal oversight, governance, and risk management led to critically deficient capital levels and thus bank failure. The FDIC identified suspicious activity associated with bank insiders confirming their misuse of position and the self-dealing of senior bank officials, and yet none of the individuals involved will be prosecuted? Unfortunately, this report leaves us with more questions than answers. This episode reviewed the FDIC OIG failed bank review for Metropolitan Capital Bank & Trust, Chicago, Il and an article from S&P Global (subscription required) titled ‘high-risk lending’ led to Metropolitan Capital Bank’s failure – OIG review.’ A link to the FDIC OIG report is included below. Link: Failed Bank Review – Metropolitan Capital Bank & Trust, Chicago, IL
Transcribe →Is Private Equity destroying our economy?
Jun 1100:17:43Tap to summarizeIs the Private Equity industry destroying our economy and thus capitalism? This is a very deep question that cuts to the very heart of what is ailing our economic system. Small business owners don’t want to grow their companies anymore; they just want to sell. There is no thought of building for the next generation, there is only the unicorn status, possible IPO, and then the sale. Private Equity is built on debt financing that promotes short-termism and financialization. This episode seeks to consider how and why this happened? What does it mean for our economy? What does the future look like if things don’t change? This episode reviewed an article from The Epoch Times (subscription required) titled “Has Private Equity ruined capitalism?”
Transcribe →Wall Street fallout from short seller's conviction for securities fraud!
Jun 1000:17:14Tap to summarizeProminent Wall Street short seller Andrew Left was convicted of securities fraud on June 1st. Prosecutors alleged that Mr. Left used his TV appearances and website, Citron Research, to make certain assumptions about various stocks and then match these comments to his own trading positions. The problem is, he would use these tactics to pump up the stocks, while at the same time placing trades in the opposite direction. The big question here is what does this ultimately mean for Wall Street and other prominent short sellers that may engage in similar behavior? This episode reviewed an article from The Wall Street Journal (subscription required) titled “A short seller’s fraud conviction is spooking Wall Street” and an article from The Epoch Times (subscription required) titled “Short seller Andrew Left found guilty of securities fraud.”
Transcribe →Review of FDIC Quarterly Banking Profile for 1Q 2026
Jun 900:15:02Tap to summarizeThe FDIC Quarterly Banking Profile covers key financial activity for the banking industry, community banks, and the Deposit Insurance Fund (DIF). For the 1Q 2026, Net Income rose, Net Interest Margin decreased, loan growth continued, domestic deposits increased for the seventh consecutive quarter, and asset quality metrics remained generally favorable. Additionally, provision expense rose from the previous quarter, unrealized losses on securities increased from 4Q 2025, and banking industry assets increased. The number of problem banks decreased in the quarter. The DIF reserve ratio increased to 1.43%. This episode examined the FDIC Quarterly Banking Profile report for the 1st quarter of 2026. A link to the report is included below. Link: Quarterly Banking Profile - Q1 2026 | FDIC.gov
Transcribe →Bank News: CFPB update, branch cuts, FNBO, OppFi, Chime, and Fintech summer!
Jun 800:14:54Tap to summarizeBank News: CFPB orders all remote workers to return to DC headquarters by August 31st. CFPB directs BILT Technologies to reimburse any customers affected by card transition. CFPB faces lawsuit over Regulation B rule change. California judge rules in favor of OppFi. LendingClub sees a learning curve for fintechs that are seeking a bank charter. First National bank buys Blue Ridge Bancshares. OceanFirst seeks to retain customers and employees after acquisitions. Chime is getting sued by J.D. Power over alleged improper use of #1 ranking. The fintech C-suite round robin has begun. Fifth Third to close 81 branches. This episode reviewed multiple articles from Banking Dive.
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