Reflecting on De Novo, M&A Activity in 2023

Last spring's liquidity panic, combined with market volatility and economic uncertainty, made for a very slow year for new banks and mergers. Here are our observations.

We made it to 2024, Bank Slaters!

The advent of a new year brings hope — but also uncertainty for the path ahead. What’s your plan for navigating the next few months? Are you bracing for a slowdown or a chance to regain momentum lost in 2023?

It was a relatively quiet week, which should be expected since it was sandwiched between Christmas and New Year’s. I found time to publish one last article for the Forbes Finance Council that looks at innovative hiring strategies.

Let’s talk about last year’s de novo activity, which was off from recent years as high interest rates and the spring’s liquidity panic, market volatility and economic uncertainty kept organizers on the sidelines.