If you feel like you are in the medical instead of the banking profession, it is understandable. Triage in the medical field requires medical personnel to distinguish between who can be saved and who cannot.
When will the recovery start and how long will it take?Which of our business borrowers have the legs to hang in there that long?What steps can the bank take to support those who can make
Open Forum is an American Express sponsored site with helpful information for business. In one of your calls or notes to your existing business customers, you might recommend it. Go take a look.In a recent
I love 'coming to class', by which I mean presenting my tax return analysis training for business lenders. I especially like it around the table at lunch when I get the real scoop on how
In my business, I have known for years there were costs I could reduce. The never-ending telemarketing calls about less expensive phone options is just one good example.As the economy officially hits recession, cost-cutting that
I love Forbes.com 'In pictures' series. Here is their '10 Risks to Keep Business Owners Up at Night'. I'd say the same risks have their bankers worried. Go take a look at the full article.
My brother-in-law stopped by his ATM this week and could not get money out of it. Luckily, the bank was open so he walked right into the lobby to see what the problem was with
Finally, some good news for community banks. Actually, many in the community banking and credit union world have known this, but try getting press!In the New Jersey Business Journal, an article by Beth Fitzgerald tells
Friday, November 28, 2008 Fed gives nod to Bank of America for Merrill Lynch WASHINGTON: The Federal Reserve on Wednesday gave formal approval to Bank of America's acquisition of Merrill Lynch, the Wall Street icon
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