Bank managers are far more willing to add things requiring their teams' time and attention than to ever eliminate entrenched practices of dubious value.
There are so few movies where the protagonist is a banker, that I am loathe to point out that if George Bailey were a banker today, the FDIC would be suing him for negligent management.
As the CEO of the local community bank entered the conference room for the start of the most dispirited board meeting in his bank's 100-plus year history, he was dying a little inside.
Floor rates are in place at community and regional banks and it will be difficult, if not impossible, for Fed policy to push longer-term loan rates below those floors.
An OWS subgroup discusses what would constitute a truly "alternative bank," how much could be borrowed from the credit union, community bank and mutual models, and how to take it several steps beyond.
Congressman Garrett, in introducing his new bill, apparently wants the same private sector that pumped air into the housing bubble to reemerge as the primary source of secondary-mortgage financing.
There's bad news for those who withdrew funds on Bank Transfer Day to punish the targets of their ire. Most banks don't really need their money - at least not right now.
