Home Must Reads Umpqua Bank demonstrates success in recession

Umpqua Bank demonstrates success in recession

| Print |  Email
Must Reads
Wednesday, November 27, 2013

Umpqua Bank CEO Ray Davis explains how the company survived the Great Recession in his second book.

State, regional and national economies were in the tank, yet Umpqua survived, collected the shattered pieces of some of its competitors and kept growing. Once a $2 billion cash and stock deal for Spokane-based Sterling Financial Corp. is completed in the first half of 2014, Umpqua's assets will exceed $20 billion.

"We came out of it faster than a lot of our peer banks and I thought we developed some worthwhile strategies that other businesses — not just banks — could use when things aren't so great," Davis said.

Read more at The Mail Tribune.

 

More Articles

Fast Food Slows Down

September 2014
Tuesday, August 26, 2014
BY KIM MOORE

The ubiquitous fast-food restaurant may be on the decline.


Read more...

A Taste of Heaven

September 2014
Tuesday, August 26, 2014
BY VIVIAN MCINERNY

Craft beer comes to Mount Angel.


Read more...

The Scott Kveton affair

News
Wednesday, July 09, 2014
ScottKvetonBY LINDA BAKER | OB EDITOR

Scott Kveton, the CEO of Urban Airship is taking a leave of absence from the company. As the story continues to unfold, here’s our perspective on a few of the key players.


Read more...

A Good Leap Forward

September 2014
Wednesday, August 27, 2014
BY AMY MILSHTEIN

Agriculture businesses ramp up to meet international demand as workforce and succession challenges loom.


Read more...

Gender Code

September 2014
Tuesday, August 26, 2014
BY COURTNEY SHERWOOD

Janice Levenhagen-Seeley reprograms tech.


Read more...

Tight and Loose

September 2014
Wednesday, August 27, 2014
BY JENNIFER MARGULIS

As schools implement more rigorous academic standards, holistic and flexible approaches to K-12 education flourish.


Read more...

Community colleges and sustainability

Contributed Blogs
Thursday, July 31, 2014
sustainabilityBY MARY SPILDE | OB GUEST CONTRIBUTOR

Faced with the aftermath of the “great recession,” increasing concern about the environment and dwindling family wage jobs, we have some very important choices to make about our future.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS