“The commercial banking industry is contending with multiple shifts influencing its future: the impact of macroeconomic forces on loan demand, the growing role of digitization in client relationships, and the imperative for bankers to elevate their roles as trusted advisers. What should commercial banks do to redefine their future?” The quote above is from the introductory paragraph of a report by Deloitte discussing possible outcomes for the commercial banking industry in coming years. Please follow the link to access the article, and after reading it, please share your thoughts. What do you think Deloitte has gotten right? Have they missed anything? What are the threats to the banking industry as currently constituted? What are your personal predictions for the future of the industry?
Used Link below as 1 source and another source on the topic.
https://www2.deloitte.com/us/en/pages/financial-services/articles/future-of-commercial-banking-industry.html
Category: Finance
As the commercial real estate industry continues to come under pressure, and as
As the commercial real estate industry continues to come under pressure, and as recessionary fears linger, concerns have arisen concerning risks associated with non-bank lending. Please follow the link below for comments made by Fed Chair Jerome Powell during a recent House Financial Services Committee hearing. What do you think? Do non-bank lenders pose unique systemic risk? Are there benefits to regulating them differently from banks? Would regulations requiring greater transparency be enough to draw attention to risky non-bank lenders? How might tighter regulations impact the interest rates charged by non-banks and in turn, how might that affect overall economic activity? Please feel free to mention any positive or negative experiences you may have personally had with non-bank lenders.
Need 3 cited sources. Use 1 for the link below plus 2 others.
what kind of elements influence possible shortfalls in retirement income and how should an early warning system
This paper is situated in the issue of signalling for potential shortfall in retirement. Here, shortfall means retirees might spend their savings too quickly, not leaving enough pension to live a prosperous life. Shortfall is considered for the individual case/citizen, not for the population as a whole. Make a technical analysis in response of the following question: what kind of elements influence possible shortfalls in
retirement income and how should an early warning system (as a
calculated solution) be set up? Define your vision on a possible early warning system for shortfall possibilities. Align the warning system to the EIOPA PBS (The European Insurance and Occupational Pensions Authority, Pension Benefit Statement). Include a numerical component in the proposal: How to build such a warning system? What should be calculated? How can this be calculated?
Three months have passed since you created your first financial plan (i.e., the Unit 2 Touchstone). In that time, your budget has gone through some changes.
Touchstone 4: Analyzing Your Personal Finances
SCENARIO: Three months have passed since you created your first financial plan (i.e., the Unit 2 Touchstone). In that time, your budget has gone through some changes. The good news is that your income has increased because of your strong performance at work. However, health care and miscellaneous costs have gone up along with your earnings. You will need to reallocate your monthly budget based on these changes to see how you’re progressing toward your original savings goal.
While you appreciate numbers and figures, you also know that a strong financial analysis needs visual information. As part of your progress check, you’ve committed to creating a set of graphs that you can share with your financial advisor.
ASSIGNMENT: This assignment has two parts. In part 1, you will analyze personal finance data based on the scenario described above. You’ll use your problem solving and agility skills to balance three monthly budgets, and you’ll use your technology skill to graph the spending allocations in each of them. Finally, you’ll sharpen all three skills as you calculate and graph the progress you’re making toward your original savings goal.
In part 2, you will answer reflection questions about the decisions you made, identify how to create more savings opportunities, and make predictions about life and economic impacts that could affect the future of your plan.
For this assignment, you will:
Create three monthly budgets and perform a personal financial analysis using Microsoft Excel.
Summarize changes in expenditures between budgets.
Show the results of the analysis using appropriate graphs in Excel.
Explain how the graph types you have selected will help your financial advisor understand the data.
Discuss the results of the financial analysis including savings achievements, future budget modifications, and life impacts that could derail the budget in the coming year.
Reflect on what the analysis might reasonably look like in one year, accounting for economic factors such as inflation and the consumer price index.
A. Assignment Guidelines
DIRECTIONS: Refer to the lists below throughout the assignment. Do not submit your Touchstone until it meets these guidelines.
1. Analyzing Your Personal Finances
❒ Have you populated the tables for Month 1, Month 2, and Month 3 with your budgeting information?
❒ Have you verified that all amounts are displayed on a monthly (not annual) basis?
❒ Have you verified that the sum of your expenditures (including savings) equals your employment income?
❒ Have you populated the Savings Progress table?
❒ Have you selected the most effective graph type for each of your data sets?
❒ Have you left all predetermined formulas intact?
2. Reflection Questions
❒ Have you directly answered each question that was asked?
❒ Have you provided sufficient evidence to support each of your answers?
❒ Have you made clear and logical connections between your conclusions and the data used in the financial analysis?
❒ Have you leveraged content from the course tutorials about economic factors?
❒ Have you included sufficient detail in your answers?
Stephanie Bachman, DOB: 9/12/1972, works as a Laboratory Manager at UPMC Lititz. She is a 51 year old single Mom of 3 (Kids ages are 9, 14, 16).
Financial Planning for Retirement
Stephanie Bachman, DOB: 9/12/1972, works as a Laboratory Manager at UPMC Lititz. She is a 51 year old single Mom of 3 (Kids ages are 9, 14, 16). At the beginning of April 2024, she has 510,000 for retirement and wants to be able to project how much this will grom over the course on the next 15 – 20 years. You will need to devise an adjustable spread sheet to include the growth of this money over the years and at what age she could reasonably retire. You must include all of her expenses and all of the income she has coming in. She has a $10,000 Pension with the State of SC that she may access at age 60 (not included in the 510,000 that will need to be invested to yield the most growth over time – may want to include a conservative percentage of gain for this each year). The spreadsheet must be adjustable in all aspects to include all the formulas that you utilize to project this as it will be used for many other scenarios.
Stephanie’s salary is $101,920/year ($5108.92/month cleared). She gets child support every month in the amount of $396 and gets $900/month from a Trust Fund. She puts $1000 away in each college account for her 3 children. She is mostly able to save $550/month