Bank Accounting & Finance articles from June 2000

Bank Accounting & Finance archives from June 2000

Putting a Face on Risk Management.(Statistical Data Included)
June 22, 2000... Two articles in this issue of Bank Accounting and Finance address important risk-management topics: "Managing Operational Risk through Cultural Change" by Leon Bloom and Duncan Galloway and "Managing the Risks in Information Technology...

Managing the Risks in Information Technology Outsourcing.(Statistical Data Included)
June 22, 2000... Before the evolution of the new economy, many in banking did not view information technology (IT) as providing a strategic advantage over competitors. The community banks outsourced their information technology functions to keep their...

Managing Operational Risk through Cultural Change.(Statistical Data Included)
June 22, 2000... A few years ago, a major North American bank rolled out its new electronic banking capability with much fanfare. A multi-million-dollar advertising campaign touted this cutting-edge service. One problem: The processes in place to support the...

Customer Relationship Management: How to Measure Success?(Statistical Data Included)
June 22, 2000... One of the most basic challenges inherent in a customer relationship management (CRM) business strategy is to establish the set of metrics to be used to gauge the success of a CRM implementation. Financial services institutions (FSIs) struggle...

Avoiding the Seven Deadly Sins of Postmerger Integration.(Statistical Data Included)
June 22, 2000... Unrelenting, wrenching change has become the hallmark of the financial services industry. The fundamentals are undergoing a transformation that is reshaping the structure of competition and rerouting the road to profitable growth. The most...

Accounting for Certain Transactions Involving Stock Compensation.(Statistical Data Included)
June 22, 2000... In late March 2000, the Financial Accounting Standards Board (FASB) issued Interpretation No. 44, "Accounting for Certain Transactions involving Stock Compensation--an Interpretation of APB Opinion No. 25" (the Interpretation). The...

Merchant Banking under the Gramm-Leach-Bliley Act.(Statistical Data Included)
June 22, 2000... The Gramm-Leach-Bliley Act (the Act), which was signed into law on November 12, 1999, covers an extraordinarily broad range of issues, ranging from customer privacy to modernization of the Federal Home Loan Bank System. The Act's most important...

A Review of Recent Published IRS Guidance for the Banking Industry.(Statistical Data Included)(Column)
June 22, 2000... This column often addresses a single topic. At times, however, it is useful to step back and summarize a variety of items that have been addressed in the banking industry over a period of time. This quarter we look back over the past year at...

A Bottom-Line Strategy for Electronic Banking Products.(Statistical Data Included)
June 22, 2000... As with previous trends in banking, questions about the Internet and implementing electronic banking products all lead to the same place: the bottom line. Are the products bringing in a justifiable profit on the bank's investment and, overall,...

SEC Addresses Elements of a High-Quality Global Financial-Reporting Structure.(Statistical Data Included)
June 22, 2000... On February 16,2000, the Securities and Exchange Commission (SEC) issued a concept release and requested comments on the elements of a high-quality global financial-reporting framework, one of which is high-quality accounting standards. The...

Evidence on the Changing Role of Financial Managers in Financial Services Firms.(Statistical Data Included)
June 22, 2000... During the past decade, new technologies, increased global competition, and regulatory changes have dramatically altered the role that financial managers play in banking organizations. Historically, these individuals played a stewardship role...