GSBLSU 2016 Class Overview: Bank Regulatory Law

Posted by Don Woodland on Jul 28, 2016 10:49:45 AM

Bank_Regulatory_Law.jpegFrom freshmen to seniors, our GSBLSU students congregated on the Baton Rouge, LSU campus for a two week whirlwind of study during the 2016 session.  As usual, they found comradery, dynamic professors, and comprehensive class offerings.  Among the classes attended by our junior class was Bank Regulatory Law, led respectively by professors Patrick Long, Carl Chaney, John Heasley, and Robert Reynolds. 

As an institution that proudly hosts students from diverse banking backgrounds, GSBLSU recognizes the need for those who may not occupy an executive suite to understand the fluid and dynamic marketplace that faces CEOs, CFOs, and senior vice presidents every single day.  Rather than simply knowing that changes are taking place above the ground floor, our students are learning why and gaining a higher-level perspective of the industry and decision making process.  Because, while those decisions may not be up to them, they weigh on the franchise at all levels.

Throughout the one week class, students will gain a greater understanding of current regulatory law, how strategic decisions are then made, and what the real world implications are for those at all levels within the industry.  Whether selling and buying a bank or remaining cognizant of cost of capital in their lending business, all banking professionals benefit from a thorough understanding of the regulatory environment.

Following the course, students will continue learning as they complete a home study problem consisting of 5 discussion essay questions to be researched and answered at their home banks. In the end, students will walk away from Bank Regulatory Law with a more complete understanding of the greater, overall industry and how its parts impact not only their bank as a whole, but their own, unique position.

9 Important Reasons To  Attend GSBLSU

Tags: GSBLSU, Graduate School Options

GSBLSU Favorite Class: Negotiate to Win for Bankers

Posted by Don Woodland on Jul 31, 2015 2:51:36 PM

About the Professor: Jim Thomas

jim_thomasJim Thomas is a Washington, D.C. attorney, speaker, trainer, and author.  Throughout his 35 years of practicing law, Jim has specialized in negotiation, garnering himself a reputation as one of the nation’s best.  His experience includes mergers and acquisitions, arms control, labor relations, domestic and international business transactions, trade and diplomacy, and more.  His impressive client list includes the majority of the Fortune 500.

The name of the course and the content is directly from Jim’s book and Workshop series by the same name: Negotiate to Win.  First published in 2005, the book is a HarperCollins international bestseller, available in 18 languages around the globe.  He can often be found as a guest commentator on a number of radio and network news programs and is often invited to speak at events worldwide.  He is a partner in a Washington, D.C. law firm, a principal in a California venture capital firm, and a member of the faculty at The Georgetown University Law Center, the University of Washington’s Pacific Coast Banking School, and GSBLSU.

About the Course

Jim’s no-nonsense, highly interactive approach in his instruction is welcome by students.  The classroom is near capacity for each session of this elective course as he applies the principles of negotiation to a variety of scenarios designed to keep students interested and on their toes.  Realistic exercises allow students to work together through the negotiation process, applying the rules they have learned along the way.

Negotiation is not just an art, it is a make-or-break career competency that every banker needs in order to remain competitive.  From bargaining rates with customers to sorting out compliance issues with regulators, the ability to negotiate properly affects nearly aspect of the industry.  As Jim guides students through the process of successful negotiation in this series, he elaborates on each of the seven critical rules of negotiation:

  1. No free gifts!
  2. Start high
  3. Follow a dramatic initial concession with sharply diminishing concessions
  4. “Krunch” early and often
  5. Never settle issues individually
  6. Conclude with a  nibble
  7. Keep looking for creative (high value – low cost) concessions to trade

As Jim points out, Americans are historically poor negotiators and we have gotten away with it until now.  The globalization of the economy, tightening of economies, shrinking of margins, and growing scarcity of resources worldwide has made an inability to successfully negotiate unacceptable in today’s marketplace.

A Little Bit of Lagniappe

Negotiate to Win is an engaging class, and Jim’s expertise and experience mean that students will get a lot of additional knowledge and interesting facts throughout the series.  Here are just a few tidbits you may pick up:

  • There are actually 21 total rules of negotiation.  The first seven are “critical,” but the others are also important to becoming a successful negotiator.
  • Jim provides a comprehensive list of “krunches” ranging from the tried and true to the humorous.  It’s all about knowing in what situation and with whom you can use each one.
  • Jim was a member of the U.S. team during the Intermediate Nuclear Forces (INF) negotiations with the former Soviet Union.  Under this treaty, nearly half of the world’s nuclear weapons were destroyed.

If we’re being completely honest with ourselves, we could all use some lessons in negotiation, regardless of profession.  However, it is essentially important for bankers.  To get full explanations, real life examples, and experience using the seven critical rules of negotiation and more, you’ll have to enroll at GSBLSU and choose this enlightening elective.

9 Important Reasons To  Attend GSBLSU

Tags: Graduate School Options, Curriculum

GSBLSU Favorite Class: Bank Regulatory Law

Posted by Don Woodland on Jul 21, 2015 3:13:23 PM

CarlChaney

The turbulent world of finance and economics coupled with the expansion of regulation and governmental oversight has changed the landscape of banking.  The laws that create requirements, restrictions, and guidelines for which U.S. banks must abide are, at the very least, complex.  One course offering at Graduate School of Banking at LSU, Bank Regulatory Law, taught by Carl J. Chaney can assist bankers in navigating the challenges and encumbrances of banking regulatory law. 

About the Professor: Carl J. Chaney, President & CEO, Hancock Bank / Whitney Bank

After completing his Bachelor of Business Administration from the University of Mississippi, Chaney graduated from the University of Mississippi School of Law in 1986.  In 1998, he became the Chief Financial Officer at Hancock Bank and stayed in that role until 2006 when he became the President and CEO of Hancock & Whitney Banks.

About the Course: Bank Regulatory Law

As a second year class, the Bank Regulatory Law course is a required component of the curriculum.  The state of current and active legislation and economic conditions make the details of the class an understandably important topic.  This course is intended to assist bankers in the challenging and rapidly evolving environment of regulatory law.  Topics include regulatory enforcement actions, mergers and acquisitions (including FDIC assisted deals), bank secrecy act, C.R.A., fair lending, bankruptcy, lender liability, and survival tactics for the new financial services industry.  Attention is also given to current and proposed legislation as well as discussing the future of the financial services industry.

Three Takeaways

regulation_compliance1.) Real Life Applications: This course goes beyond simply listing the textbook jargon and examples of bank regulation.  The class is engaged and encouraged to think outside of conventional thought processes. The implications of how current laws can affect lending practices and how potential legislation and trends can impact business are only two of many issues covered in this course.  By using actual scenarios and leveraging experience, students learn how to make these laws malleable and to develop a proactive approach to banking.

2.) Business Strategy: Looking at real-world data alongside the economic impacts allows banks of various sizes the insight into laws applicable to specific situations and how to operate within the parameters.  In Recent Developments in Mergers & Acquisitions, the different regulations that pertain to “leveraged deals” are broken into two deposit sizes, <$500mm and >$500mm.  Maintaining balances as you approach this threshold can make a big difference in terms of what the laws allow.  Other strategic positioning applications which enable an organization either to acquire or be acquired are explored.  

3.) Expectations: Similar to the real life applications, Professor Chaney demonstrates numerous variations of possible outcomes in given scenarios . In one exercise the class was told to act as if everyone was on the board of a bank.  Next came the question, “Why would we sell?”  As different answers came from the students, a variety of different objections, plausible reasoning, catalysts, and examples changed the narrative.  Whether a potential sale or merger was being discussed, or lessons were taught on why regulatory laws could, or couldn’t, make an initiative possible, the very reality of how banking regulatory laws will influence the futures of the students at GSBLSU was abundantly earnest and significant.

While this course overview and the few takeaways presented here only scratch the surface of the knowledge handed down from Professor Chaney to the GSBLSU students, Bank Regulatory Law and its far reaching implications in the industry will not soon dissipate.  Regulatory law will only grow in scope and complexity in the coming years, so our students gain an edge in learning the base and building as new developments come at them.

Assisting Mr. Chaney in the course are three outstanding banking professionals.  John Heasley is EVP and General Counsel of the Texas Bankers Association, Jim Mabry is Managing Director, Keefe, Bruyette & Woods, Richmond, VA, and Robert Reynolds, Attorney-at-Law, Reynolds, Reynolds & Little, Tuscaloosa, AL.

With this course being taught by a banking professional who personally oversaw one of the largest mergers (Hancock & Whitney) in the southeast US region, students have the opportunity to learn so much more than simply the course outline.    For junior bankers looking to secure their futures in their banking careers and home banks, this type of knowledge cannot be obtained in such concentrated fashion anywhere but GSBLSU. To learn more about GSBLSU, click below.

9 Important Reasons To  Attend GSBLSU

Tags: Graduate School Options, Curriculum

New & Revised Courses at GSBLSU in 2015

Posted by Don Woodland on Mar 13, 2015 10:23:19 AM

newGSBLSUcoursesIn the commercial banking industry, changes have been coming more and more quickly. At GSBLSU, we have researched and conferred with others in the banking education arena to determine the best subject matter to present to students in the 2015 session of GSBLSU.  After careful consideration, GSB has decided to implement a few changes and additions to the courses offered for all classes of students.

At the end of each session, students complete course evaluations. Where better to gain an understanding of the information that is most useful to students as they return to their home banks?  This data is extensively combed through and reviewed in our development of course offerings and faculty.

Freshman Course Changes

  • Asset Liability Management: A complete revision of the materials presented; taught by Dr Stephen Lacewell
  • Credit Risk Management: Will now be taught by Mr Gary Higgins.

Junior Course Changes

  • Managing Bank Performance: An overhaul of the course by long-time instructor and BankSim coordinator, Dr Ernie Swift, better aligns students with the needs of the BankSim senior course.
  • Strategic Planning: A completely new course for the second week at GSB will be taught by Mr Ken W Johnson and Michael Woody.
  • Hot Topics in IT: Completely new course instructed by Ms Lisa Traina.

Senior Year Changes

  • Special Banking Issues: A final week course covering regulatory, managerial, and economic impacts on bank management; taught by Mr Ken W Proctor.

Mexican Student Course Changes:

  • A course, entirely taught in Spanish by Jesus Garza, will focus on the US banking environment from a Mexican banking standpoint.

Application Deadlines Are Nearing

GSBLSU is looking forward to another stellar year of educating the future leaders of banks across the US and Mexico.  If there are individuals in your institutions who are primed for upward movement in the bank and are promising candidates for the prestigious honor of attending and graduating from the Graduate School of Banking at LSU, urge them to apply online for a spot in the classes of 2015. 

The deadline for application is April 16, 2015.  The full Course Catalog can be viewed here. The online application can be accessed in the link below as well as the printable version of the GSBLSU application.

Apply to GSBLSU

Tags: GSBLSU, Graduate School Options, Curriculum

How to Acquire and Retain Top Banking Professionals

Posted by Don Woodland on Nov 11, 2014 2:59:00 PM

How to Acquire and Retain Top Banking Professionals

employee retention through professional developmentEffective leadership in any bank must constantly handle numerous initiatives, one of which includes acquisition and retention of top talent.  Making sure that the right employee with the right skill set is in the right position at the right time can be a tricky managerial task but a necessary one for future security and organizational structure stability.

For Small to Medium Banks

In circumstances where larger banks have an allure and attractiveness for many reasons, the SMBs have advantages of flexibility and personality.  Ingenuity in HR and recruiting certainly becomes a factor in finding and gaining the attention of these potential employees, while an all-encompassing effort in on-boarding and retaining these individuals falls to everyone. 

Retention of talented individuals starts by establishing clear and valuable career planning within your organization, and this conversation should work in both directions with input from both employee and executive.  Provision of relevant talent development opportunities is another investment in these key junior bankers whom will eventually fill these critical roles in the bank’s organizational structure. Not only will these professional growth opportunities enable employees to experience and gain from targeted and peripheral banking education and learn about the competitive landscape, but it also reinforces a bank’s support and vested need of maintaining these individual’s loyalty and contentedness in their workplaces.

How to Retain Bankers Through Development

Banking recruiting is only the first step in the materialization of a high-performing and functionally excellent team of junior bankers.  The retention of these individuals is often debated as the more difficult task.  According to the Corporate Leadership Council in 2010,27% of ‘high potential’ employees plan to leave their current employer in the next 12 months”.  With many of these key individuals knowing their value in the marketplace, how does an organization keep from having them enticed away?

Simply put, if you treat your employees right, they won’t leave.  They develop a sense of loyalty, and despite money still being the biggest determinant of place of employment, the high-value talent within a bank find it harder to entertain and ultimately leave for alternative banks if their allegiance is strong.  Some of the ways that banks have fostered the growth of loyalty in their most valuable up-and-comers are:

  • Mentorship – utilizing the experience of tenured and established employees for guidance and insight on future career management.
  • Individual Coaching- temporary interventional methods to adjust existing behaviors/attitudes.
  • Professional Assessments- provide insights on compatibility with potential roles and similarities to existing executives within the bank.
  • Talent Engagements- events whereby bank talent and executives have the opportunity to meet and mingle.
  • Talent Developments- enable the sharing of career and personal plans of key junior bankers with bank executives or senior management.
  • Advanced Concentration Education- banking education opportunities.

How GSBLSU Can Help Your Retention

Investing in the specialized banking education at the Graduate School of Banking at LSU is one of the ways that you can reinforce your commitment to retaining and developing these junior bankers.  The three year curriculum is geared towards addressing many of the pressing issues the banking industry is currently and potentially facing. 

As one of our 2014 students stated in an end-of-session interview, the time spent at GSBLSU provides a “pause” in your career so as to further educate yourself on aspects of banking outside of one’s daily tasks.  Enabling your employees that “pause” in their work shows them that you not only trust in their ability to utilize such an opportunity to better themselves, but that as an employer, you are willing to allow them to forego their daily work duties to concentrate on development for the greater good of the bank.  This entrustment is significant, and many junior bankers value this knowing they are a key piece of the bank’s future with this endowment of education.

The Graduate School of Banking at LSU has been educating bankers for over 65 years and has the track record of enlightening future banking leaders with the knowledge necessary to grow into pivotal roles in their banks.  For those individuals that should be retained and shown value, don’t hesitate on starting their development and growing their loyalty by enrolling them at GSBLSU.

Apply to GSBLSU

Tags: GSBLSU, Graduate School Options, Employee Retention

EDUCATING TO MEET FUTURE CHALLENGES

Posted by Don Woodland on Oct 3, 2014 2:20:00 PM

Banking EducationIn this rapidly changing financial environment, maintaining a relevant banking education program is indeed challenging.  It is important to educate young leaders how the present system functions, but that is not enough.  A relevant program must address environmental changes, both current and potential.

 Students often comment that some of the material covered in class is not applicable to their bank or to their current position in the organization.  This observation is certainly relevant, but to teach only what is current is a recipe for obsolesce.  Education must prepare leaders for the future, and to assure competent future leaders demands that they be exposed to new ideas and to potential new environments in which they will be part of in the future.

 Changes for the 2015 curricula of the school aims to challenge the bankers attending to think about and to be prepared to meet future challenges in the banking industry.  New courses and/or new faculty will be introduced in the following fields:

  •           Asset/Liability Management
  •           Credit Risk Management
  •           Strategic Planning
  •           Information Technology
  •           Real Estate Financing
  •           Special Banking Issues
  •           Regulatory Environment

 The list does not reflect all changes in material to be taught at the 2015 session since all faculty members incorporate in their presentations the latest current and potential changes which affect their areas.

9 Important      Reasons To Attend GSBLSU

Tags: Graduate School Options, Curriculum

GSBLSU Faculty - A Video Summary

Posted by Don Woodland on Aug 26, 2014 2:43:00 PM

For our students, the annual hike to GSBLSU for three consecutive years of education stems from the desire to glean as much information and real-world knowledge from our faculty.  All are experienced bankers, academicians, regulatory officials, attorneys, and others who have expert knowledge of their subject areas and who have the ability to teach other professionals.  

Amassing such a stellar collective group of experts in the field of banking makes the Graduate School of Banking an indisputable source of progressive and applicable expertise for students to absorb during their education at GSB.  

The students attest to the significant impact of the faculty and their guidance. Dr Woodland addressed this fact in his speech to the faculty at the beginning of the 2014 session recalling the countless phone calls, emails, and letters received from former students and their executive supervisors recounting the numerous lessons and industry insights learned from GSBLSU faculty professors and applied at their home banks.  

Dr Woodland recalled, "From where do these contributions come? They come 100% from you, the faculty.  You have the important responsibility to those bankers sitting in front of you, and to their banks, to provide the knowledge required to further their goals, and I have no doubt that you will fulfill this responsibility." And each and every year, the faculty continue to impress upon the students as they leave, that the education earned from the distinguished faculty at GSBLSU can really be found no where else.

Please enjoy our GSBLSU faculty video testimonials.

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Tags: GSBLSU, Graduate School Options, Videos

How to Develop Young Bankers for Future Leadership within your Bank

Posted by Don Woodland on Mar 24, 2014 2:34:00 PM

senior exec with junior execExecutives know better than anyone in the banking world of the difficulties of implementing the new regulatory mandates, discovering new growth sectors while maintaining current revenue streams, and managing the people in the bank. Without a finger on the pulse of all of these, a bank can lose in the end.  As an executive in this ever-changing banking environment, making the time to identify and develop future top-level bankers or find your latent up-and-comers may not be the most pressing task on your day-to-day list of things that keep your bank running.  But, it should be.  

Selecting and educating the future leaders in your bank is one of the most critical responsibilities of senior bank management.  The Graduate School of Banking at Louisiana State University has for 65 years provided the professional education essential to the successful bank manager.  Oftentimes, executive leadership can identify several rising stars, but there are always latent ones too.  It may require asking your younger bankers of their interest in continued development and plans to grown in the bank.  The answers may surprise you.

"The best companies for developing leaders recognize the value of strong leadership in both the good times and the bad," says John Larrere, principal of Hay Group's leadership and talent practice.  Many of the companies with the happiest employees are the ones that see the value in developing future leaders whether through modifying current behaviors to fit into the company’s future or through preparing their high-value successors for integral placements later.  Offering career advancement programs to employees has been identified as one of the key indices to having happy and loyal employees.

Placing high potential future banking executives at the Graduate School of Banking at LSU, can prime them for the tasks and responsibilities required of leaders in your bank.  The courses are structured around real-world banking issues and taught by top industry experts.  The banking simulation will last the full three-years of their education with the school and might provide your bank with some new and undiscovered data. Data that can be implemented into the fabric of your banks operationsThe 2014 course catalog can be viewed here.

Enroll your future leaders in the 65th Session of the Graduate School of Banking at LSU.  Placing them in the 3 year program will ensure that you have developed them in fields beyond their current experience and knowledge base. The Graduate School of Banking at LSU primes your junior bankers for their professional futures at the next level in the bank.    So, make certain that they schedule out time for the 2014 session for the dates of May 25 – June 6, 2014 and get their application in to GSBLSU.   The deadline for enrollment is April 18, 2014, so there is not very much time to register.

Bankers/applicants must be officers (or employees performing officer functions) and have a minimum of three years of experience as an officer. An applicant who is not an officer but who is performing officer functions must include, with an application and non-refundable fee, a letter from the chief executive officer of the bank describing duties and responsibilities. Applicants from state and federal supervisory agencies should have a minimum of five years of experience in bank supervision and banking.

Our online application can be accessed here.

 Call upon the School for this service which is critical to your continued success.

The 65th Session of Graduate School of Banking at LSU is May 25 – June 6, 2014.

9 Important      Reasons To Attend GSBLSU

Tags: Graduate School Options, Leadership

Candidates for Graduate School of Banking at LSU

Posted by Don Woodland on Mar 12, 2014 2:05:00 PM

young aspiring bankers seeking graduate educationFor the busy young bank executive, it is often difficult to identify the route to a position of higher responsibility in the organization.  Bankers in this position have full-time jobs and full-time personal lives as well, which makes the option of traditional graduate school a virtual impossibility.  What alternatives are available for individuals looking to advance their careers in the bank?

The Graduate School of Banking at LSU has been educating bankers from all across the US for the past 65 years.  The 2014 session dates, May 25 through June 6, are condensed into a workable timeframe for busy bankers who must also take into account their work and personal schedules.  The banking education continues throughout the year as bankers perform their bank study projects at their respective banks.  The entire curriculum runs over a course of three years, with the same short on-site sessions and year-long bank study project work.

To advance professionally in today’s increasingly regulated banking industry requires aspiring banking professionals to seek aggressively the level of education which is necessary to identify and solve complicated issues and to take advantage of new profit opportunities that may arise.  It is incumbent on the young officer to make his/her desire for professional education known to senior management.  For many in management, the aspirations of their junior bankers may go unnoticed unless brought to their attention.  Senior managers who are responsible for developing future leaders need to see and hear the desires of employees for future growth within their bank in order to know where to allocate continuing education and vital personal development resources.

As an up-and-coming banker, ask your supervisor to enroll you in the 65th Session of the Graduate School of Banking at LSU.  This request will increase the likelihood that you are taken seriously in the eyes of senior management and that you are considered a well-educated and contributing member of the bank’s future leadership.  So, pencil on your calendar the dates May 25 – June 6, 2014 and get your application in to GSBLSU.  Just by asking you can be assured that your management has you on the short list of future leaders in the bank.  The deadline for enrollment is April 18, 2014, so there is not very much time to register.

Bankers/applicants must be officers (or employees performing officer functions) and have a minimum of three years of experience as an officer. An applicant who is not an officer but who is performing officer functions must include, with an application and non-refundable fee, a letter from the chief executive officer of the bank describing duties and responsibilities. Applicants from state and federal supervisory agencies should have a minimum of five years of experience in bank supervision and banking.

Our online application can be accessed here.

9 Important      Reasons To Attend GSBLSU

Tags: GSBLSU, Graduate School Options, Application

Graduate School of Banking at LSU for Mexican Bankers

Posted by Don Woodland on Feb 28, 2014 9:31:00 AM

For about a dozen years Banorte, a bank based in Monterrey, with branches throughout Mexico and operations internationally, has sent their young leadership to the school for quality focused banking education. 

One of these leaders, Jorge de la Vega shares his experience about the Graduate School of Banking at LSU banking program.

Apply to GSBLSU

Tags: Graduate School Options, Banking Outloook