Graeme Harker’s Post

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Co-Founder of NORMAN & SONS | Delivering the future of capital markets | UX | Technology

The last time American finance was operating in a high-inflation, high-interest rate environment, like the current economy, was nearly 40 years ago. That means most current executives, who came up in the era of easy money, are unfamiliar with the complexities of running a bank under today’s conditions. As the top brass at financial institutions start to accept that interest rates will likely be higher for longer, they’re scrambling to find leaders with the skills to succeed in such an unpredictable environment. Some CEOs are deciding that they need to make drastic, expensive and often unpopular institutional changes to help them keep up. Read the full story at https://lnkd.in/eGpj29zs #bankingindustry #markets #future

Banks scramble to find leaders equipped for today's economic realities | CNN Business

Banks scramble to find leaders equipped for today's economic realities | CNN Business

cnn.com

Graham Smith FRSA

Founder of The EAL Academy*Training *Consultancy *Coaching *English as an additional language *Academic Literacy

1y

Are they appointing older leaders now?

Andrea Cristancho

Mentor & Coach to Impact-Driven Entrepreneurs💥 + Founder of The No Hustle Club✌🏽 | Advocating: Planetary Health 🥗 & Conscious Breathing👃🏽| Studying: MSc Preneurship for Regenerative Food Systems👩🏽🌾

1y

this is a reality, and very true, new to this generation. I believe we're about to witness drastic changes, would you agree Graeme Harker?

Frankie Woodhead

Group Chief Product Officer - The Bank of London | Non Exec Advisor

1y

I agree. 40 years ago (even 15 for the 2008 crisis) it was much more difficult for consumers / businesses to move their money also. The emergence of social media, instant payments & mobile banking are all making liquidity & treasury management a very active sport! Balance sheet management will be critical in the current horizon.

Rupinder Dhillon

Generating 3-5 new clients monthly for IT and consulting professionals through expertly managed LinkedIn content marketing and social selling | Skyrocketing brand visibility | Stop cold calling & Paid ads 🚀 🎯

1y

This article highlights the importance of forward-thinking leadership and strategic planning in navigating today's unpredictable financial landscape.

Edmund White

VP Business Development | AI-Driven MedTech & Healthcare Innovator

1y

Interesting article and challenging times with these top CEO departuress. How are the.new ones going to address these challenges?

Marcus Conway-Gebbie

Student at Queen Margaret University

1y

It can’t be denied it’s a scary time for everyone with the economy as it is.

Daryl D'Cruz

Customer Data & Retention Consultant - I've helped deliver the 'R' in CRM | Retention » Relationships » Revenue | DTC, eCommerce, Retail

1y

Reading this one now Graeme Harker. I’d have thought economists run scenario modelling and decisioning to drive the desired outcomes with leaders alongside. 🤔

Chris Outlaw

Helping brands unlock their potential | Brand Strategist | Agency Founder | Voice of The Unified Brand Podcast

1y

Interesting article Graeme just goes to show the importance of adaptability

Stuart Payne

Talks About - Business Transformation, Organisational Change, Business Efficiency, Sales, Scalability & Growth

1y

It's fascinating to see how the current economic climate is challenging the traditional practices of the banking industry. Adapting to higher interest rates and finding leaders who can navigate this new environment will be crucial for success Graeme

Shelby E.

Any opinions expressed are the opinions of my employer.

1y

A really interesting point it made here. Most current leaders are used to the money flowing.

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