How Banks Can Get Through the Current Crisis

Banks are feeling the hurt like everyone else and they need to operate in a new reality; many have started to close branches and tell borrowers that they can delay payments on loans to allow them the room to use cash in the short term; Cornerstone Advisors President Steve Williams has come up with a three point plan for banks to implement; stabilize operations and make sure you have a central command center that can handle the problems that will most certainly come up; situate by re-forecasting models, enhance credit risk indicators and develop a plan to work with vendors and partners in a new way; execute and expand strategic planning well into 2021 and further expand digital banking capabilities as they are more important now than ever before; planning for various scenarios will also better prepare the bank the get through the crisis because there will be many twists and turns along the way. Forbes

  • Emily Donato

    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.