Previously, we discovered a tapestry of trends impacting the U.S. consumer products industry in 2024. The year will be known for growing consumer awareness and resistance to rising prices. However, priorities don’t just end with matching customers’ product value, innovation, and sustainability expectations! Companies in the consumer products industry have regulatory and legal obligations to… Continue reading 2024’s Top Risks in Consumer Products Industry: Uncovering Legal Risks (Part 2)
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2024’s Top Risks in the Consumer Products Industry (Part1)
Tumultuous global and economic events from previous years will likely persist in 2024. Therefore, the severity of the risk in the consumer products industry will be amplified. As this landscape evolves with pressing prioritizing for product innovation and customer-centricity, profitability may not be the silver lining that consumer products companies hope for. Why? The… Continue reading 2024’s Top Risks in the Consumer Products Industry (Part1)
FDIC Risk Review 2024: A Nuanced Approach to Risk for U.S. Community Banks
Rising interest rates and an uptick in liabilities drive banking and financial institutions into liquidity risks. We have witnessed the repercussions of misaligned liquid asset portfolios and funding resources, leading banks into epic insolvencies and meltdowns. Federal agencies issued regulatory updates to tighten lending functions. They increased the asset reserves threshold to prevent another sorry… Continue reading FDIC Risk Review 2024: A Nuanced Approach to Risk for U.S. Community Banks