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With the industry beginning to heal from its recent travails, banks need to focus more on developing and nurturing top-notch management talent.
Pennsylvania’s Fulton Financial promotes employee retention as an aid to customer service.
Hiring from larger institutions can be a big boon to community banks but can also prove a hindrance if the cultural fit isn’t there.
In times of economic dislocation and layoffs, managers need to manage the anxiety of their employees with honesty and confidence to keep the company moving forward.
Size makes all the difference in the way in which banks manage their infrastructure.
As layoffs accelerate in the financial services industry, unemployed bankers face the question: what to do next? The answer is not always obvious.