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26 Feb 2012, 10:18 pm
Soon she has the largest sales volume for any bar in town.By providing her customers the freedom to have as many as they can consume after paying for just one drink, Heidi gets no resistance when, at regular intervals, she substantially increases her prices for wine and beer, the most consumed beverages.Consequently, Heidi's gross sales volume increases massively, as does her book of customer loans.A young and dynamic vice-president at the local bank recognizes that… [read post]
14 May 2009, 11:51 am
In the judgment delivered by Lord Hoffmann, ¨their Lordships have no doubt that in the absence of express contrary agreement or statutory impediment, a contract by a bank to provide banking services to a customer is terminable upon reasonable notice. [read post]
15 May 2009, 10:39 am
If anything it does quite the opposite by enabling ¨competitors to pick up another customer if they felt inclined to do so. [read post]
5 Jan 2010, 7:23 am
If the stock market continues to recover, customers may want to pay down debt or invest in the market again, instead of making cash deposits. [read post]
17 Oct 2012, 10:49 am
(See http://www.businessweek.com/news/2012-09-27/cyber-attacks-on-u-dot-s-dot-banks-expose-computer-vulnerability.) [read post]
17 May 2018, 4:20 am
On 16 May 2018, the European Central Bank (ECB) published a newsletter article regarding how the transition period affects what ECB Banking Supervision expects from banks. [read post]
8 Sep 2011, 6:01 am
Bank of America will undoubtedly wrap itself up in the American flag and claim that it is a move designed to align the broker's interests with the customer, but that is simply nonsense. [read post]
13 Feb 2025, 10:39 am
Now for the main point: providing deposit services for crypto has a lot of unpriceable credit risk, so many well-managed banks reasonably avoid crypto firm customers on their own. [read post]
17 Nov 2011, 6:27 pm
Section 716 will also increase risk as it leads to greater inefficiencies and the loss of exposure netting as it requires firms to conduct swaps across multiple legal entities.The American Bankers Association has long argued that Section 716 would significantly impact the ability of regional and community banks to manage interest rate risk and that it would diminish their ability to provide long-term fixed rate loans to small business customers. [read post]
24 May 2019, 5:54 am
Smaller banks seeking innovative solutions may find their business models adaptable to collaboration with a nonbank to strengthen bank operations and customer acquisition. [read post]
25 Apr 2018, 5:01 am
Employees will get raises, but I doubt they are holding their breath because they are probably praying that the raises keep them even with rising inflation.What about bank customers? [read post]
18 Sep 2013, 9:43 am
You will then receive a bill or a debit on a line of credit you have established with the bank. [read post]
10 Oct 2010, 12:25 pm
The country continues to suffer from bank excesses like high-risk compensation, shoddy customer treatment, and falsely-secured loans. [read post]
20 May 2011, 6:26 pm
The first is to get US Banks to disclose the details of their foreign customers (non-US citizens) and the second is to get foreign banks in the US to disclose details of their US customers. [read post]
2 Nov 2010, 11:18 am
The problem for Bank of America was the accusation that they aggressively pushed some of these derivative products on their own customers. [read post]
1 Oct 2012, 10:19 am
As Consumer Reports once put it, they (the banks) are really out to get you! [read post]
3 Jan 2012, 6:24 pm
The largest bank in Washington state, Bank of America, has made yet another move that is likely to keep customers running away from the banking giant. [read post]
8 Jan 2013, 4:57 am
Over the years, the Financial Crimes Enforcement Network (FinCEN) has required banks, brokers, and other financial entities to officially report suspicious activities of its customers. [read post]
28 Jan 2010, 4:03 pm
This equipment would take and photograph information from bank customer's debit cards and record the PIN numbers as well. [read post]
14 Aug 2008, 8:34 pm
And, the banks will compensate customers who sold at a loss since February as well. [read post]