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When I am asked "How do we get bank customers back into the branch?" my answer is simple: How would you get them back into a Borders or Blockbuster store?
October 17
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The U.S. and the world should follow the lead of the U.K. Vickers report and ringfence traditional banking, so shareholder equity and depositors money can be used only to lend to viable borrowers.
October 17
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More information including financial information for Citi's top executive has been exposed by a group affiliated with the 'hacktivists' Anonymous.
October 17
Arizent -
Ever since the Durbin Amendment was enacted, ultimately cutting the interchange revenue banks get from debit cards by around half, one of the loudest and most persistent complaints has been that the government should not fix prices—at least not for banking.
October 17
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Breaking News This Morning ...Earnings: Citigroup, Wells Fargo, First Horizon, Charles Schwab
October 17 -
Illinois Gov. Pat Quinn showed he had done a little homework prior to recent remarks before NASCUS' annual meeting. "The word 'credit' in Latin means 'to believe,' and that's what credit unions do: they believe in people."
October 17
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Now is the time to market aggressively to members and non-members alike, making the case for your credit union to become their primary financial institution.
October 17
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The big banks finally unveiled their response to the fact that instead of making 44 cents on a debit card swipe, they would now only make 24 cents. And the response looks good for credit unions.
October 17
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Companies that strive for stickiness usually get glowing coverage in The New York Times business section, but when big banks achieve it, they get a not-so-flattering story on page one.
October 16 -
It's not just customers that need to know about data breaches it's investors too. The Securities and Exchange Commission has asked public companies to disclose any cyber-attacks that could lead to a financial loss.
October 14
Arizent
