What’s next for US banks – The McKinsey Quarterly – What’s next for US banks – Financial Services – Banking.
McKinsey analysis of what’s happened to banking so far and what’s in store for the future. The pain may not be over…
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An Ad for a mortgage I found at a supermarket chain's checkout counter Ralphs is a supermarket chain out west, a cross between Publix & Whole Foods. I was waiting in the check out line, looked to my left, and saw the usual assortment of candies, mints, and… mortage applications? The area of the [...] For those of you who might have missed slept through Management class, the Hawthorne effect is oft cited study from the early days of scientific management. Two researchers trying to determine the effect of changes in light output on productivity found that it did not matter what changes they made, productivity improved, presumably because the [...] Richard Posner (who literally wrote the textbook on law and economics) replied to Alan Greenspan’s defense of his actions as fed chairman (his not taking action to burst the bubble). As I have read it, the debate centers on whether short term rates that the fed controls (the fed funds rate) can influence long-term interest [...] Whenever we had a long discussion/disagreement in my Financial Management class, the professor, Dr. Joel Houston, always said something along the lines of “There is no right answer for every situation, learn to love it – that’s job security.” Much of what Financial Analysts do is made up. That’s not to say that they are [...] The more things change, the more they are the same. In a drought, the river may dry up, but the lay of the land stays the same. When the rain returns, the waters will flow the same way. The structure of the Finance industry (the lay of the land created by laws, technology, [...] |
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Copyright © 2012 Joel E Lewis - All Rights Reserved |
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