Not a day goes go by that banking competition does not seem to ratchet higher. In the latest sign of more pricing competition, Signature Bank offered investors a sneak peak at the money market rate war today, and it’s not pretty. Joseph J. DePaolo, president & CEO of Signature (ticker:Read More
Post Tagged with: "pricing"
Bank fees are much-discussed as a revenue source in the current low-interest rate environment. Bank of America, for example, serves as the public whipping boy whenever its fees catch the public’s attention, which has led that bank to be more careful when new fee structures are considered. But though much discussed,Read More
Meet Joe. Joe is a swaps trader within a small institution that has a straightforward hedging strategy at both the micro and macro level. Being a price-taker, Joe has built and maintained broker relationships that enable him to easily get a swap priced at an acceptable level provided counterparty limitsRead More