Post Tagged with: "efficiency"

Which FIs Did Best in 2013? Check Their Net Income per Employee

Which FIs Did Best in 2013? Check Their Net Income per Employee

by December 30, 2013 at 11:49 am 0 comments

There are many ways to measure bank efficiency, but in 2013 net income per employee was arguably the best indicator of all for stock performance among large financial institutions. Net income per employee — net income divided by total employees — indicates whether, on a deep level, a financial institution isRead More

Bank of the West ‘Embeds’ Tech Leaders in Business Units

Bank of the West ‘Embeds’ Tech Leaders in Business Units

by August 16, 2013 at 11:43 am 0 comments

In a novel approach to infusing innovation throughout its organization, Bank of the West has started “embedding” technology executives into each line of its business. Bank of the West CIO Kirsten Garen used the word “partnerships” to describe the work these embedded tech execs are doing. Bank of the WestRead More

Cost Cutting Gives Way to Revenue Generation at Banks

Cost Cutting Gives Way to Revenue Generation at Banks

by October 11, 2012 at 9:45 am 0 comments

WASHINGTON, D.C.–The corner has been officially turned. As the credit crisis gripped financial services a couple of years ago, cutting costs was the call to action at banks worldwide, and especially in the U.S. That meant a relentless pursuit of greater efficiency and a deeper understanding of where are theRead More