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CFOs increasingly prioritizing ESG issues along with addressing talent shortage
Environmental, social and governance (ESG) investment has quickly progressed from a mere compliance issue to a core value for many organizations. "It
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The ‘Shadow of a Leader’ and building an inclusive culture
By Corliss Garner, Chief DE&I Officer, SVP The role of a leader, both at work and at home, requires modeling the behavior and living desired
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By Kevin Novak, Chief Information Security Officer at Old National Bank Phishing scams are among the most persistent and dangerous forms of cybercrime. Whether delivered via email, text message, phone call, or fake websites, phishing attacks aim to trick individuals into revealing sensitive information. At Old National
By Kevin Novak, Chief Information Security Officer at Old National Bank Phishing scams are among the most persistent and dangerous forms of
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How Operational Efficiency Saves Money for Your Business
For business owners and operational managers, improving operational efficiency can significantly reduce costs, enhance productivity, and boost profitability.
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Why is LIBOR being discontinued?
LIBOR was introduced in the 1980’s as a benchmark interest rate that was intended to reflect banks’ average cost of short-term, wholesale unsecured borrowing. Over time, and particularly during the financial crisis that began in 2007, banks became less and less reliant on inter-bank lending. As a result, the number and dollar volume of transactions from which LIBOR was derived declined dramatically. To make up for this shortfall, LIBOR panel banks resorted to using “expert judgment” when submitting various rates used in calculating LIBOR. This left it susceptible to manipulation and fraud.
In 2017, the UK Financial Conduct Authority (FCA), the regulator for LIBOR, announced that after December 31, 2021, the panel banks would no longer be required to submit settings for LIBOR. (This has since been revised to June 30, 2023, for most LIBOR tenors.) This announcement effectively started the countdown to the end of LIBOR.
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Is Your Bank Treating Your Fairly? Compare to This Checklist
Old National Bank (ONB) is constantly improving and strives to gain our clients’ trust by always treating them fairly and with complete
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Interest rates will likely continue to be one of the highest searched terms in the coming quarter
Interest rates will likely continue to be one of the highest searched terms in the coming quarter. While policy and election content will continue to raise concerns, financial institutions can guide audiences with personalized content that answers their specific questions. This piece would entail a long-form, 1K word i
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Which Retirement Plan Should I Add to First?
Saving for retirement is one of the most important ways that you can prepare for your financial future. When you stop working, nearly all of your income dries up. Although you may qualify to receive Social Security benefits, they'll only go partway toward replacing the income that your job paid you. Relying too much on
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How Trump’s Tariffs Impact Small Businesses And Entrepreneurs
The recent Trump administration’s tariffs are stirring the markets, causing some of the most pronounced volatility in market history. However, small businesses are not immune from the recent tariffs.
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The Silent Profit Killers Lurking Inside Your Business
Here are the most commonly overlooked ways businesses lose money.