Lew Defends Citi Experience, Outlines Banking Views

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Sharp bookkeepers could spot a kite in progress, but, more often than not, they were too hurried to give the ledgers a second look...
Read MoreEditor's Note: Morning Scan will not publish on Monday, May 27, in observance of the Memorial Day holiday. Receiving Wide Coverage ... Goldman's Reforms: The... Read More
June 3-5, 2013
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June 20-21, 2013
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Cost-Effective Management Intelligence for Bankers
Lately, banks of all sizes have been pointing the finger at one another, claiming the other guy has been offering irrational prices and cutting corners to compete for business loans.It’s easy to see why the accusations are flying. Amid sluggish loan growth overall, more banks have been saying they’ve been easing credit standards than tightening them for more than three years. The majority of banks have been saying they’ve been progressively reducing the spreads between…
As digital transactions increase, branch transaction volumes continue their year-over-year declines, according to a new study published by FMSI.
The latest monthly reports from credit card issuers provide more evidence that loss rates will stay abnormally low longer than thought just a few months ago.
Margin compression once again overpowered loan growth in the first quarter, sapping banks’ traditional source of revenue.










