Obama's Banking Agenda: Kathleen Khirallah, TowerGroup

Banking was a major topic in President Barack Obama's first address to the American people. What will be his administration's approach to banking in this recession, and what can we come to expect for policy and regulations throughout 2009? In an exclusive interview, Kathleen Khirallah, managing director of TowerGroup's Banking practice, discusses: The significance of the President's attention to banking; Why bank nationalization is unlikely to occur; The impact of the Heartland data breach on banks and consumers' perception of financial institutions. Kathleen Khirallah is the Managing Director and Practice Leader of TowerGroup's Banking practice. She has over 25 years of financial services industry experience. Prior to joining TowerGroup in 1997, she was senior principal at Marketing PLUS Inc., a consulting firm that specializes in maximizing the revenue potential from marketing customer information file (MCIF) and operational customer information file (CIF) systems. She has an extensive background in the banking industry, having served in marketing and product management roles in broad spectrum of commercial banks and thrifts. Her experience spans institutions both large and small, including Amoskeag Bank, Security Pacific National Bank, Great Western Bank, and Home Savings of America.