With rumors flying around about American Express being pursued by acquirers like Citigroup, here's my proposed "hat trick" that puts the AMEX stock on steroids and creates the buyer of choice for well-performing, but slow-growing regional banks around the country. [Read more]
Spinning last month's numbers? The typical bank today is filled with “performance” measurements that distort the truth rather than report useful information. Bankers often find themselves morphing into slick PR agents at month-end, sounding at times as if Don King has stepped out of the boxing ring to promote retail banking. [Read more]
The hottest tech stock in the financial services arena isn't any of the profitless Internet high flyers or the payment system trailblazers like CheckFree. It’s not even Fiserv or Jack Henry. No, no, no! The hottest financial tech stock is Concord EFS, an ATM and debit card processor that is the conglomeration of Star Systems, Honor, MAC and Cash Station. [Read more]