Foreign Trade Zone Basics

Changing customer behavior and expectations are having a profound effect on how financial services are delivered. Financial service organizations are employing technology and adopting new business models to reshape the competitive landscape in a digital world.

Volatile markets, rising rates and lower valuations have put a damper on bank M&A activity in 2022. However, the need to achieve operating leverage and scale has not receded and banks should continuously evaluate how they can maximize stakeholder value. The call for new ways to become more efficient, build scale, expand product offerings, and keep pace with digital adoption remains at the forefront, and partnering with another institution can help banks achieve those goals more quickly. However, in the unprecedented economic environment we’re in, properly assessing risks associated with M&A, particularly if the U.S. economy moves into a recession, is essential.

Headlines broadcast “DIGITALIZATION!” The prevalence of cell phones and online shopping remind us that we’re already living digitally. But what about your tax team? They should be living digitally, too, since technological advances will continue to impact them — especially as governments increasingly adopt technology. Are you wo

Fintech has been applied pretty effectively to the consumer finance space. We all bank online and via our mobile phones now. Fintech has yet to create profound change in capital markets, particularly the capital raising space, which functions very similarly to how it did 10 or even 20 years ago. However, it does appear that the market is on the verge of driving change through increased adoption of emerging technologies to drive efficiencies in the capital raising process, use automation tools to free up the more mundane tasks from employees, and potentially open up new business opportunities and models for issuers, banks and investors.