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Emily McCormick

@ehmccormick.bsky.social
228 followers 177 following 49 posts

VP of Editorial & Research at Bank Director. Thoughts are my own. Banking/Finance/Fintech Free time: Books/Music/Crafty Things

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Emily McCormick @ehmccormick.bsky.social · 01/09/2025
Readers: What was the best book you read in August?
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Emily McCormick @ehmccormick.bsky.social · 01/08/2025
Live footage of me turning in my latest article for Bank Director magazine.
media.tenor.com
a man in a white shirt and blue jeans is dancing on a stage
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Emily McCormick @ehmccormick.bsky.social · 22/07/2025
Bank Director/FinXTech is hiring a banking and fintech editor! DM if you have questions about the role. (Note: I’m not the EIC but would be your potential colleague on the editorial team.)
Job Description for Writer/Editor Position (1/2)Job Description for Writer/Editor Position (2/2)
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Emily McCormick @ehmccormick.bsky.social · 01/06/2025
We don’t talk often enough about the after effects of large natural disasters — hurricanes, fires, floods. How long it takes to rebuild, whether people want or can rebuild, and how many people are displaced.
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Emily McCormick @ehmccormick.bsky.social · 01/06/2025
What have you read and enjoyed recently? I read some strong nonfiction in May, including Careless People by Sarah Wynn-Williams and The Dark Queens by Shelley Puhak.
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Kai Ryssdal @kairyssdal.bsky.social · 31/05/2025
Don’t sleep on this
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Jonathan @jonathanjoshua.com · 24/04/2025
Some thoughts on Trump's EO re "disparate impact" and its impact on financial services. www.joshualawfirm.com/2025/04/trum...
joshualawfirm.com
Making Redlining Great Again - Joshua Law Firm LLC
President Trump's latest executive order asserting that the "disparate impact" theory of liability under non-discrimintation laws may not have its intended effect.
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Emily McCormick @ehmccormick.bsky.social · 09/04/2025
Latest issue of Bank Director is up and explores: *What Trump 2.0 means for bank regulation *The SoCal fires and the state of the insurance industry *Why a bank director’s job is now tougher *Why cybersecurity and fraud are top of mind in our 2025 Risk Survey www.bankdirector.com/magazine/2nd...
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Anna Kitanaka @onlyanna100.bsky.social · 13/02/2025
Jamie Dimon said JPMorgan will scale back spending on some diversity initiatives that he sees as a waste of money, while he also reiterated the bank’s commitment to working with Black, Hispanic and LGBTQ communities 🎁Gift Link: www.bloomberg.com/news/article...
bloomberg.com
Dimon Says He’d Be Cutting ‘Stupid’ DEI Costs Even Without Trump
Jamie Dimon said JPMorgan Chase & Co. will scale back spending on some diversity initiatives that he sees as a waste of money, while he also reiterated the bank’s commitment to working with Black,...
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Emily McCormick @ehmccormick.bsky.social · 13/02/2025
🚨🚨🚨
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Emily McCormick @ehmccormick.bsky.social · 12/02/2025
Someone just turned in her latest story for Bank Director magazine. (It’s me.)
media.tenor.com
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Michael Derby @michaelsderby.bsky.social · 02/02/2025
Capital Economics: “The resulting surge in US inflation from these tariffs and other future measures is going to come even faster and be larger than we initially expected…The window for the Fed to resume cutting interest rates at any point over the next 12 to 18 months just slammed shut.”
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Emily McCormick @ehmccormick.bsky.social · 02/02/2025
I don’t believe this analysis includes now likely retaliatory actions — so I’d posit negative effects would be worse than projected here.
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Emily McCormick @ehmccormick.bsky.social · 02/02/2025
Sharing my January 2025 reads (from @thestorygraph.com) — topping the list were How to Sell a Haunted House, My Darling Dreadful Thing and Orbital. What are you reading now?
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Emily McCormick @ehmccormick.bsky.social · 26/01/2025
We’ve kicked off Acquire or Be Acquired! #AOBA25 KBW’s Tom Michaud is providing an industry update — says we’re in the next M&A wave and believes banking has turned a corner.
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Emily McCormick @ehmccormick.bsky.social · 08/01/2025
The latest issue of Bank Director magazine is out now — with my cover story on the seven deadly sins of bank boards! I spent time wading through material loss reviews and talking to seasoned bank leaders for this piece. Check it out at BankDirector.com (subscription needed).
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Emily McCormick @ehmccormick.bsky.social · 30/12/2024
Best Reads of 2024 Fiction + Non-Fiction *Note, this is the best I read this year, not based on when it was published. What’s on your list?
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The New York Times @nytimes.com · 18/12/2024
As the planet warms, insurance companies are dropping homeowners in communities they deem too dangerous because of wildfires, hurricanes and other threats. Now, for the first time, the scale of that pullback is becoming public. nyti.ms/41EOpNc
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Diane Swonk @dianeswonk.bsky.social · 18/12/2024
Two words dominated @federalreserve Chairman Powell’s comments today. “Uncertainty & Caution.” The Fed reluctantly cut, with a significant amount of push back in the meeting. Dissent from @ClevelandFed Prez was not done in a vacuum. Three participants were with her.
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Emily McCormick @ehmccormick.bsky.social · 15/12/2024
When I say this looks exactly like my high school band uniform …
Velvet military jacket from Boden
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Emily McCormick @ehmccormick.bsky.social · 09/12/2024
In addition to the toll on people, environmental damage: “The economic damage caused by extreme weather is rising, according to … Swiss Re. … estimated economic losses in 2024 rose by 6% to $320bn, a figure 25% higher than the average over the previous 10 years.”
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Emily McCormick @ehmccormick.bsky.social · 09/12/2024
What’re you reading? Me 👇
What I’m reading now: Hell Bent by Leigh Bardugo, Tulsa 1921 by Randy Krehbiel, Deciding What’s True by Lucas Graves & The Forest for the Trees by Betsy Lerner
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Emily McCormick @ehmccormick.bsky.social · 06/12/2024
Bank leaders don’t like credit unions buying banks, according to Bank Director's 2025 Bank M&A Survey — until it’s time to sell. An uptick in these deals has largely been driven by price. Uncover the reality behind these transactions: www.bankdirector.com/article/coul...
bankdirector.com
Could 2025 Bring More Credit Union Deals?
Banks broadly oppose credit union acquisitions of other banks, but these deals are popular nonetheless. As the M&A environment improves, could more credit unions be among the buyers?
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Emily McCormick @ehmccormick.bsky.social · 02/12/2024
TOMORROW: Gain insights on bank M&A from two seasoned dealmakers! Jim Ryan of Old National Bank + Randy Chesler of Glacier Bancorp will join me to discuss their recent experiences, lessons learned + their expectations for 2025. vimeo.com/event/459127...
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Heather Long @byheatherlong.bsky.social · 20/11/2024
NEW: President-elect Trump has about everything going for him lately, except this: Mortgage rates are back at ~7% Trump vowed to lower mortgage rates and housing costs. That's going to be tough if the bond markets keeps thinking his agenda is inflationary... www.washingtonpost.com/opinions/202...
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Emily McCormick @ehmccormick.bsky.social · 20/11/2024
What are the top profitability challenges facing banks? Bank Director’s 2025 Bank M&A Survey finds the majority of bank leaders pointing to deposit costs, with regulatory compliance + tech expenses a relatively distant 2nd + 3rd. Read more: www.bankdirector.com/article/2025...
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Emily McCormick @ehmccormick.bsky.social · 18/11/2024
Bank Director’s 2025 Bank M&A Survey is out now! Findings include: - More optimism for deals - Price remains a key deal hurdle - Deposit costs continue to challenge profitability Read more about this and more: www.bankdirector.com/article/2025...
bankdirector.com
2025 Bank M&A Survey: Primed for a Rebound
Senior bank executives and board members express more interest in opportunistic M&A and greater confidence in their own banks’ valuations.
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Joey Politano🏳️‍🌈 @josephpolitano.bsky.social · 17/11/2024
WE OFFICIALLY HAVE OUR FIRST MEMBER OF THE FOMC ON BLUESKY
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Emily McCormick @ehmccormick.bsky.social · 15/11/2024
“Extend and pretend” practices at banks could be masking asset quality problems in CRE portfolios. Find out how boards can dig deeper. www.bankdirector.com/article/tack...
bankdirector.com
Tackling the Hidden Dangers in Your CRE Book
What directors should know — and ask — about “extend and pretend” practices at their banks.
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Emily McCormick @ehmccormick.bsky.social · 15/11/2024
Good reminder that CEOs report to their boards — even the CEO of the biggest U.S. bank. And he can’t (and won’t) run JPM forever.
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Emily McCormick @ehmccormick.bsky.social · 14/11/2024
The FDIC published the material loss review for Republic First Bank, noting a “dysfunctional” board + the bank’s “dominant” former CEO. I wrote about the battle in the Republic boardroom about a year before it failed. www.bankdirector.com/article/boar...
bankdirector.com
Boardroom Battle | Bank Director
Divisions at Republic First Bancorp threatened to tear the bank apart.
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Emily McCormick @ehmccormick.bsky.social · 14/11/2024
Coming up on Dec. 3: Will deal volume pick up next year? Join me as I interview two bank CEOs seasoned in dealmaking: Randall Chesler of Glacier Bancorp + Jim Ryan of Old National Bancorp. We'll learn from their experiences + look at what to expect for 2025. Register Here: vimeo.com/event/459127...
vimeo.com
The Real Deal on Bank M&A
Will deal volume pick up next year? Hear from two senior bank executives experienced in making deals and learn more about what to expect for 2025, based on Bank…
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Bobby Kogan @bbkogan.bsky.social · 13/11/2024
Putting some numbers on Elon's plan to cut $2 trillion per year: -32% cut to EVERYTHING -protect Mcare, SS, 56% cut to all else -protect Mcare, SS, vets, 62% cut to all else -protect Mcare, SS, vets, defense, 90% cut to all else -protect Mcare, Mcaid, SS, vets, defense, mathematically impossible
- November 12, 2024 - STATEMENT FROM PRESIDENT DONALD J. TRUMP I am pleased to announce that the Great Elon Musk, working in conjunction with American Patriot Vivek Ramaswamy, will lead the Department of Government Efficiency ("DOGE"). Together, these two wonderful Americans will pave the way for my Administration to dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies - Essential to the "Save America" Movement. "This will send shockwaves through the system, and anyone involved in Government waste, which is a lot of people!" stated Mr. Musk. It will become, potentially, "The Manhattan Project" of our time. Republican politicians have dreamed about the objectives of "DOGE” for a very long time. To drive this kind of drastic change, the Department of Government Efficiency will provide advice and guidance from outside of Government, and will partner with the White House and Office of Management & Budget to drive large scale structural reform, and create an entrepreneurial approach to Government never seen before. I look forward to Elon and Vivek making changes to the Federal Bureaucracy with an eye on efficiency
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Emily McCormick @ehmccormick.bsky.social · 12/11/2024
Handwringing all the way back to the 1880s.
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Emily McCormick @ehmccormick.bsky.social · 12/11/2024
We’re probably about to find out who was “real” about ESG. Honestly, the term is getting relabeled back to corporate social responsibility for a number of companies (including banks). And it’s the “E” that’s a sticking point for most.
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Dana Hull @danahull.bsky.social · 12/11/2024
NEW from the paragraph factory: Elon Musk runs six companies. Now, @chafkin.bsky.social and I lay out the case for how his political project is basically the 7th. And yes, we have a line about the squirrel. GIFT LINK: www.bloomberg.com/news/feature...
bloomberg.com
Elon Musk Has a New Project to Run: Trump’s Government
After plowing at least $132 million into the president-elect’s campaign, the richest man in the world is about to treat the US government as if it were a money-losing social network.
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Emily McCormick @ehmccormick.bsky.social · 12/11/2024
Friendster, y’all. My Gen Z kids (in college) are all about Discord. And one’s on IG. Things change. And Twitter is NOT what it once was.
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Emily McCormick @ehmccormick.bsky.social · 11/11/2024
Interesting to watch how homebuyers act as real estate marketplaces have started to publish data on climate risks.
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Emily McCormick @ehmccormick.bsky.social · 11/11/2024
About Me: - Focused on banking/corporate governance/finreg via work for Bank Director magazine (writer/editor/head of research); also interested in finance/econ - omnivorous reader, fiction and nonfiction - amateur musician + have several crafty little hobbies - this little guy is often in my lap
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Emily McCormick @ehmccormick.bsky.social · 11/11/2024
Hello! Giving BlueSky a go after leaving the bad place. I’m also on Threads. Anyone here from the financial/banking space? Any readers or crafters?
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