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U.S. Banker
November 2001 |
Babb Sees No Dramatic Changes Comerica is not a flashy company, and neither is its CEO-to-be Ralph Babb Jr., who says he doesn't plan to change things very much...   |
U.S. Banker
November 2001
John Hackett |
Ethically Tainted A number of banks are moving into variations of payday lending, the high-yielding business that some observers would describe as predatory. But those who participate in such lending say they're no different than banks that charge high fees for bounced checks... |
U.S. Banker
November 2001
John Hackett |
Wealth Management Forever Wealth managers remain optimistic despite the sharp drop in personal wealth as a result of the stock market's decline... |
U.S. Banker
November 2001
Mark Fogarty |
Unexpected Lovefest Some expected a turf war to erupt between mortgage bankers and Realtors as a result of the real estate industry's new ability to provide home finance. But the two groups are now lovey-dovey... |
U.S. Banker
November 2001
Robert A. Bennett |
The Role of Government Even the most fanatic free-marketers today recognize that the government has a role to play following the terrorist attacks. But in other areas there remains a dangerous perspective. One of these is the payments system and the role the Federal Reserve should play in it... |
U.S. Banker
November 2001 |
SunTrust and Huntington Create Synergies One could say that SunTrust's acquisition of Huntington Bancshares' Florida operations was a bit of a consolation prize for CEO Philip Humann, following the company's failed hostile bid to acquire North Carolina-based Wachovia... |
U.S. Banker
November 2001 |
Jubilant Chenault Banks seeking to exit the credit card business may get more for their portfolios as a result of the court decision that allows MasterCard and Visa members to link up with competing networks... |
U.S. Banker
November 2001 |
Jumpin' Juniper Becomes Canadian Seeking to line up with a "large, established" U.S. financial services partner for its online banking thrust, CIBC ended up with the little-known Juniper Financial Corp., which began operations in October 2000... |
U.S. Banker
November 2001 |
Warner Cashes In Last year, Douglas A. (Sandy) Warner III earned a $700,000 salary, and received a $13.7 million bonus. This for undoing perhaps the proudest name in American banking, J. P. Morgan & Co... |
U.S. Banker
November 2001 |
Commerce Debuts in Manhattan After months of construction, Commerce Bancorp opened the doors of its new Manhattan branch at 94th Street and Broadway in mid-September. The red carpet was laid out, and perhaps a score of Commerce employees were standing around to greet new customers... |
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