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Special Reports - Community Banking

Banks Resume Luring Celebrities to Boards

by Jackie Stewart
OCT 12, 2012 11:52am ET
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Several small and midsize banks have added high-profile directors in recent months. Since the 2008 crisis, serving on a bank's board has become a more demanding job, leaving some industry experts to question whether celebrity directors are useful. Others praise these moves as a way to bring in new business and build name recognition.

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