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Expert Analysis - Opinion

The Misconception That Bank Directors Have Unique Risks

By Jonathan Hightower (September 5, 2017, 11:26 AM EDT) -- Bank directors have played a crucial role in the turnaround of the banking industry, an accomplishment that deserves recognition in light of the fact that it has been done under tremendous regulatory burden and tepid economic growth. Given that, why do we continue to question why the country's most respected business people would be willing to serve as bank directors? Respected attorney and industry commentator Thomas Vartanian recently asked in an opinion piece in The Wall Street Journal, "Why would anyone sane be a bank director?" Well, sane people are serving as bank directors every day, and in doing so they are benefiting the economy without exposing themselves to undue risk....

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