Said Robert Pringle, publisher of the London magazine Central
Banking: "The BIS has always shown a remarkable ability to adjust to changing circumstances and has in the past narrowly survived potential threats to its existence.
(20) Associated has indicated that, on consummation of the proposal, it would evaluate the best practices for CRA-related lending programs of Associated Bank and State Bank, with the goal of using the institutions' combined resources to meet the credit and
banking needs of LMI individuals and neighborhoods, including minority neighborhoods.
Irving acknowledges that not all African Americans are behind the curve when it comes to reaping the benefits of online
banking. "A lot of black folks are whizzing through this, particularly these who are college educated and have medium to high incomes."
As the economy waxes and wanes, predictions about the fate of community
banking have their own ups and downs.
Bradesco serves all segments of the Brazilian market, including corporate
banking, private
banking, and wealth management.
Stegman in his 1999 book Savings for the Poor: The Hidden Benefits of Electronic
Banking. "Today," says Stegman, a former Clinton administration official who heads the Center for Community Capitalism in the Kenan Institute of Private Enterprise at the University of North Carolina, "less than 30 percent are, and the migration from the conventional
banking system to mutual funds, money market accounts, and other savings vehicles outside of CRA continues unabated."
While the
banking industry was consolidating, it was also feeling the heat from shareholders who wanted to see higher returns on their invested capital.
The idea that there shouldn't be unregulated
banking for tax avoidance and regulation avoidance is correct."
* YOU CAN HELP YOUR SMALL BUSINESS clients find a rewarding
banking relationship in a number of ways.
10, a comprehensive deregulation bill that would not only tear down the legal walls now separating the
banking, securities, and insurance branches of our financial sector, but would also undercut laws barring banks from owning, or being owed by, nonfinance-related businesses (eg., currently, Bill Gates and Microsoft cannot own NationsBank).
Minuit landed an unbeatable bargain, but Kalff, ABN AMRO's rugged-faced 60-year-old chairman, has proved an astute investor as his company aggressively expands its commercial
banking and finance reach.
Socially responsible
banking first received national attention in the mid-1970s when the South Shore Bank turned a poor, decaying section of Chicago into a respectable area with pleasant housing and thriving shops.