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Hernan Hernandez
Managing Director, Investment Banking - Financial Institutions at MJC Partners
Hernan Hernandez is a seasoned professional in the financial services sector, currently serving as the Managing Director at bridge2partners, inc. His extensive career spans over 30 years, during which he has held various roles in corporate development and finance.
Professional Background
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Current Position: Hernan joined bridge2partners, inc. as Managing Director, focusing on M&A Transaction Services. He is involved in helping clients achieve transformative business objectives through his expertise in technology and industry knowledge.34
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Previous Experience: Before his role at bridge2partners, he was with MJC Partners, where he also served as Managing Director. His responsibilities included supporting the firm’s focus on financial institutions, financial technology, and blockchain sectors.25
Skills and Expertise
Hernan Hernandez is recognized for his deep understanding of the financial services industry, having worked across various sectors and holding leadership positions that leverage his skills in strategic planning and execution. His career reflects a commitment to driving business growth and innovation.23
Location
He is based in Los Angeles, California, where he continues to contribute to the financial landscape through his leadership roles.13
Highlights
I’m happy to share that I’m starting a new position as Managing Director at bridge2partners, inc.!
Federal Reserve Vice Chair Michael Barr speech today was a bit disappointing.
The easy answer to improve bank safety and soundness is to hold more capital and increase regulations. In my opinion, regulators simply needed to enforce existing regulation to prevent the recent bank failures. There was no mysterious loss that suddenly surfaced days or weeks before these bank failures; losses were disclosed and deficiencies were noted for many quarters beforehand. If consent orders were issued when the problems were not corrected none of this happens.
As a former regulator I sometimes got the butterflies examining the "star" banks that always had superb earnings, stellar reputations and steep market valuations. I was very careful discussing my findings and recommendations to hopefully not offend executives and Board members. Were regulators a little softer than usual when enforcing regulations with SIVB and FRC? Maybe. Maybe not.
Also, are there enough qualified, trained field examiners to properly and fairly identify issues and then have face-to-face discussions with execs and Board members? As an example the FDIC has 5,600 employees and I suspect only 2/3s of those are in the field. And many of those are not yet fully trained nor have gone thru a cycle.
I believe we should start with fairly enforcing existing regulation before jumping to action that will make the US banking industry less competitive and make it harder and more expensive for businesses and consumers to get loans.
