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News & Commentary
Content tagged with Management Strategies posted in February 2009
J.P. Morgan Chase to Cut 12,000 Jobs, as WaMu Merged
News  |  2/26/2009
Chase CEO Jamie Dimon foresees $2 billion saved and a profitable 2009.
What’s Happening in the Banking Industry May Not Be Fair, But It’s Reality
Commentary  |  2/18/2009
The fallout from the global credit crisis is causing many bankers to complain they're being unfairly criticized, but the reality is that the industry has a long way to go to regain the public's trust.
Deutsche Bank Taps George Lee to Boost Service
News  |  2/18/2009
Former Citi executive George Lee will serve as director and head of implementation and service for Deutsche's Global Transaction Banking unit in North America.
Smart Use of Pricing Can Help Banks in the Battle for Deposits
News  |  2/13/2009
By Dr. Robert Phillips, Nomis Solutions "Unprecedented turmoil" is among the phrases most commonly used to describe the current state of banking. And, indeed the last few months have seen an historic rate of failures, near-failures, and acquisitions combined with a rapid tightening of credit. Amid all this turmoil, it is easy to forget that the basic business of gathering deposits and making loans is not going to disappear. In fact, as banks look for ways to survive the current environ
Others Take Bank Turf, But Banks Aren't Finding New Markets: Observations From Wincor World
News  |  2/9/2009
I was struck by the sense that everyone at Wincor World was finding new lines of business, but not the banks, particularly the U.S. banks (and maybe the 100 journalists! who, along with 7,000 business representatives attended the seventh , annual user conference of Wincor Nixdorf, in Paderborn, Germany, in late January).
Looking Ahead: Financial Insights on Financial Services in 2009
News  |  2/9/2009
By Aaron McPherson, Financial Insights, an IDC Company In 2008, the storm clouds that had been building over the financial services industry burst forth and washed away the old world, leaving a landscape transformed. Venerable institutions like Lehman Brothers, Bear Stearns, Northern Rock, Fortis, Merrill Lynch, HBOS, and Wachovia were swallowed up, nationalized or simply dissolved as the assets on which their businesses were built evaporated. Governments around the world discarded the
What's An Out-of-Work Banker To Do?
News  |  2/6/2009
What kinds of "portable" skills do out-of-work bankers and Wall Street traders bring to the marketplace?
Trying to Understand Twitter
News  |  2/4/2009
Not wanting to be a technology laggard, I've joined the millions of people (anywhere between 1 million and 10 million, depending on how you count), including BS&T's Maria Bruno-Britz, who have become Tweeters.
The International Bank of Eeeeevil
News  |  2/3/2009
You give them your money. You trust them. But what if they used your money for something else...?

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