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Tuesday, October 7, 2014

9:45 a.m. - 10:45 a.m.

TAKING THE DIVE - CURRENT AND FUTURE BANK PARTNERSHIPS WITH ALTERNATIVE LENDERS

Moderator: Bonnie McGeer, Managing Editor, AMERICAN BANKER MAGAZINE
Jeffrey A. Lipson, President and CEO, CONGRESSIONAL BANK
Advisory Board: Jonathan Morris, President, BMC BANCSHARES
Donald M. Potts, Senior Vice President, Specialty Finance Lender Group, CAPITAL ONE

Over the past few months we’ve seen a number of banks form partnerships with P2P, online and other alternative lenders in a couple of different ways – equity investment in a platform, buying loans, turn-down agreements – not to mention the many years that banks have provided leverage to this market. While many see the growth in alternative lending as a threat to traditional banking, there are just as many progressive banks thinking about not being left behind.

This panel will feature unique ways in which banks are currently partnering with the online lending players, and what the future holds in working together.

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