Sunday, February 12, 2012

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Jim Cole

JAN 25, 2007 2:00am ET

4Q Earnings: Revenue Outlook Stays Cloudy, and Expense Focus Intensifies at TD Banknorth

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As he prepares to take the chief executive job at TD Banknorth Inc., Bharat B. Masrani is painting a less than rosy picture of the Portland, Maine, company's profit outlook, but he said he is taking steps to improve operations and cut costs 5% to 8%.

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Facebook Moves into Payments

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Survey

Facebook's securities filings show its Facebook Credits digital currency business is exploding. Does it pose a serious threat to banks?

Yes. Facebook Credits threatens to cut off banks from transactions and customer data.

12%

No. A system the enables users to pay for online games and page upgrades is a harmless niche.

32%

Maybe. It depends on whether Facebook makes an aggressive move into ecommerce.

56%

Past surveys

Conferences
& Events

17th Annual Best Practices in Retail Financial Services Symposium
March 11-13, 2012
Boca Raton Resort & Club, Boca Raton, FL

16th Annual National Collections & Credit Risk Conference
March 14-16, 2012
Hyatt Regency New Orleans, New Orleans, LA

6th Annual Mortgage Servicing Conference
April 17-19, 2012
Omni Mandalay Hotel at Las Colinas, Dallas (Irving), TX

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