Scorecards on Governance: Are Banks Up to Par?

Bankers love to preach prudence. Whether urging customers to save for a rainy day, or cautioning corporate borrowers about coming too close to their loan covenants, bankers play the dutch uncle role well. They play it well, that is, until it comes to their own businesses. Every few years a handful of the biggest banks […]

On a daily basis, we are learning about fraudulent or irresponsible activities in some of America’s largest companies. And, we are learning that, in many cases, the banks are accused of being a part of the frauds and accounting tricks that were committed. At a minimum, they are accused of turning a blind eye to […]

Retail banking’s newest craze is going to cost a lot of banks a lot of money. Banks of all sizes are falling all over one another lately to get in on the Newest Big Thing in retail banking—de novo expansion. Bank of America says it will add 600 branches to its 4,200-branch network over the […]

Analysts we spoke to at Bank Director’s 2002 Analyst Forum were cautiously favorable on prospects for banks in 2003. Their sage advice: Stick to your knitting and earn shareholder value by providing outstanding service and building your deposit base.