BankInnovation.net Featured in New York Times
A blog by JJ Hornblass, the executive editor and publisher of BankInnovation.net, was featured in today's New York Times. Last...
Archive
Consumer Confidence in Banks Returning
Despite the financial crisis, banks’ reputations are improving. After a decline in confidence, affluent Americans are once again more positive...
Additional Credit Line
We are a profitable auto loan company. we have a $5,000,000 credit line and would like to increase the credit...
American Express Sees Layoffs Yielding More Cash
American Express said today that it will lay off 10% of its workforce. By our analysis, American Express is not...
FED CUTS RATES BY 50 BASIS POINTS: An Analysis
The Federal Open Market Committee of the Federal Reserve Board today lower its target for the federal funds rate 50...
Bank Stocks Soar as Market Roars Higher
Banking stocks soared today as the Dow Jones Industrial Average rebounded mightily, adding 10.88% to 9,065.12. The KBW Bank Index...
Three More Banks Take Treasury Cash; Total Outlay Nears $40B
Zions Bancorporation, Umpqua Holdings Corp., and Marshall & Ilsley Corp. today announced that they too have taken on investments by...
Bankers Take Notice: Small Businesses Deeply Lack Economic Confidence
The majority of small business owners (74%) think the nation’s economic conditions will only get worse, according to the Discover...
Banks Delay Money Transfers By Up to Four Days
Money transfers are great, minus the waiting time. Historically, there is always a delay between when a money transfer is...
The First 17 Banks to Receive TARP Investments Named
The Treasury Department reportedly signed deals to invest in 17 banks, mainly super-regionals, with Troubled Asset Recovery Program funds. The...
