Consent Orders - A Real Learning Opportunity for All Institutions
Financial Institutions
January 01, 2011
by
Mike Vesel, CPA
These are very interesting times indeed for the financial institutions
industry. In any period of challenge, our human nature seems to
prompt us to look to see what the institution down the road is dealing
with. I often hear bankers asking “did you see that XYZ Bank got a
Consent Order?” While we are all curious about the troubles of our
competition, I see significant opportunities being missed by
institutions who seem to be focusing on the wrong things.
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Length: 2 pages (PDF 87 kB)