Bank Failure Fallout: A Risk Management Checklist for Institutions
The Darling Consulting Group team has been in contact with hundreds of banks and credit unions since the bank failure situation unfolded.
The DCG team has been in contact with hundreds of banks and credit unions since the bank failure situation unfolded rapidly in March and as it continues to play out, contributing to widespread fear. Clearly, there were risk management processes that could have been improved. We have been assessing (and as news breaks, reassessing) the situation with our typical ALCO focus in mind: confidently exploring risk/return tradeoffs of potential strategic options to better position our clients to optimize income safely and soundly.
Read on for DCG's latest resources to help banks and credit unions navigate their paths forward in this rapidly changing economic and regulatory environment.
How to avoid betting too much on rate hikes - Darling Consulting Group President & CEO Matt Pieniazek discussed balance sheet positioning for rate hikes, the potential for banks' bonds to move further underwater as rates move higher, and how banks should evaluate how sensitive their deposit bases will be to the Fed's tightening cycle.
S&P Global Street Talk
Nathan Stovall | S&P Global Market Intelligence
Podcast with Darling Consulting Group's President & CEO Matt Pieniazek
To best address risk management objectives, institutions may consider a range of options specific to their individual business models and balance sheet profiles. This checklist highlights additional actions that may be widely applicable to all institutions. We encourage you to Contact DCG to discuss this checklist and how it may best apply to your institution’s needs and goals.
Join Darling Consulting Group President & CEO Matt Pieniazek for a conversation on the current economic and regulatory environment and considerations for Asset / Liability Management and Risk Management.
During this session on March 23, DCG Managing Director Mark Haberland will highlight the most common modeling and assumption challenges given today’s unprecedented economic environment. The discussion will focus on how to address these challenges successfully and inspire ongoing confidence in your interest rate and liquidity risk assessments and strategy.
"Risk management isn't a treasury function, or an ALM function, or a credit committee function. It's a mindset that should permeate your institution – and it needs to be owned by the c-suite."
– DCG President & CEO, Matt Pieniazek
Join DCG in this webinar from 3/3/23 that discusses best practices around risk management and the prospects of a black swan event. These principles discussed ring even more true today given the recent bank failures in the industry.
Executive Director Product & Solutions Justin Bakst, and Managing Director John Demeritt share case studies of how institutions are preparing for the uncertainty ahead.