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
Post Tagged with: "efficiency"
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
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