Bankers that don’t buy into any of this “pursuit of the greater good” nonsense should heed a fair warning to stick with their Machiavellian incentive programs and reward the hell out of the blind pursuit of self interest. We hope they don’t get left “lookin’ like a fool with [their] pants on the ground.”[Read more]
Banks have as yet to demonstrate the product management and profitability discipline necessary to ensure that they're ready to hitch a ride on the high yield bandwagon.[Read more]
One of the most profoundly changed parts of the banking business going forward will be how...[Read more]