Posts Tagged Banking Industry

Our current economy and how it is affected banking companies?

duval_bound pyta:
Our current economy and how it is affected banking companies?

Scenario: You work as the manager of the second largest bank in your region of the United States. The bank’s top management team has asked you to present an overview of how the current economy and financial changes have impacted the banking industry and what changes must be made as a result.

What are some key points, ideas and sugguestions?

Tags: ,

Why is the banking industry stable but the average American losing his house?

Wage Peace pyta:
Why is the banking industry stable but the average American losing his house?

Foreclosures are still on the rise but the banking industry has shown stability (according to the news). Shouldn’t the banks be forced to work with the current home mortgage payees instead of creating another empty home and homeless family?
Foreclosures are 11% in Las Vegas and they are mostly average Americans.
I do not agree that banks were forced into giving out loans to people who could not afford it. BofA is known for their picky mortgage banking.

Tags: ,