The OBL has scheduled a new one-day event, Combating Recession - Be Prepared Not Scared, on Dec. 3. With some economic indicators beginning to trend downward, the session will put the spotlight on the measures OBL members can take now to best prepare for a downturn.
The event will feature experts from Profit Resources, Inc., The Baker Group and Taylor Advisors along with representatives from all of the lead banking regulators. It will include sessions on growth strategies in a recessionary climate; ALCO related issues to consider in a downturn; expense reduction; and a regulatory panel led by the OBL's Jeff Quayle.
"Leveraging multiple industry and regulatory experts, this high-value session will highlight the choices banks can make now to be best-positioned should a recession occur in the next 12 to 18 months," said OBL Vice President of Professional Development Stephanie Watson. "Focusing on productivity and profitability gains before a downturn can help a bank not just survive but thrive."