外文翻译社区银行所面临的机遇与挑战其他专业.docVIP

本科毕业论文外文翻译 外文题目：Opportunities and Challenges facing Community Bank 出 处：The korn/ferry insititute 作 者：Ted Johnson 原 文： Opportunities and Challenges facing Community Banks Ted Johnson Community banks have long been the backbone of the US banking system. Since their inception, they have served as a driving force behind the growth of small- to mid-sized businesses from major cities to rural outposts across the country. While they face challenges similar to their larger, historically more diversified competitors, down markets often present community banks with unique opportunities. Community banks are frequently able to capitalize on customers’ growing dissatisfaction with larger banks. Uncertainties caused by the credit crisis, and a dismissive attitude and lack of flexibility are causing increasing numbers of individuals and businesses to seek services provided by community banks. Their success in capitalizing on this sentiment is contingent on community banking leadership’s ability to recognize and react quickly to its customers’ changing needs. Unlike larger competitors, community banks see their success as inextricably linked with that of the community as a whole, both with business and individual customers. Many have weathered the past decades by maintaining an aggressive yet conservative strategy based on a focused mission to serve their communities. Yet, they must do more with less. With shrinking net interest income, they must meet burdensome regulation and compliance edicts; Bank Secrecy Act (BSA) and Graham Leach Bliley (GLBA) are examples that carry stiff monetary penalties for non-compliance, embrace new technologies and services, and offer competitive products and rates – while still providing the personal touch. Success depends on leadership that seizes appropriate opportunities, meets challenges and builds cohesi