- Financial services industry technology: is the Y2K
challenge a harbinger to things to come?
During the past quarter century, financial service industries in the United States have survived a number of crises in which thousands of banks, thrifts, credit unions, investment firms and insurance companies failed. Those failures, combined with a persistent and mounting wave of mergers, have reduced the ranks of U.S. depository, ......
- Financing Commercial Real Estate
Commercial real estate financing can take on very different terms, and the way deals are structured is based on a number of factors.
- A good year for Indiana financial
institutions.
As banks, S&Ls and insurance companies nationwide struggled, Indiana's financial institutions were keeping shareholders happy. What recession? That's the question that observers of Indiana's financial institutions probably are asking in the wake of impressive 1991 earnings that have carried over into the first quarter of 1992. As banks, savings and ......
- Territorial advances
HEADNOTE ADDITIONAL SERVICES PIT BANKS, INVESTMENT FIRMS AND INSURANCE COMPANIES AS DIRECT COMPETITORS. One-stop shopping is not just alive and well. It's multiplying like so many bunnies in a hutch. We can have our prescriptions filled at the local grocery store, buy our groceries at the corner gasoline station, and ......
- Banking and insurance leaders
honored.
Neighborhood Housing Services of New York City (NHS) and the NYC Department of Housing Preservation and Development (HPD) recently acknowledged members of the banking and insurance industry at a breakfast sponsored by KeySpan Energy celebrating the affordable housing commitments of eight financial institutions and two insurance companies. Institutions recognized for ......
- Is bancassurance a viable model for financialfirms?
ABSTRACT The bancassurance (i.e., bank and insurance company combinations) model for financial firm architecture has been widely used in Europe and recently has been adopted by U.S. financial firms. We provide evidence regarding the viability of bancassurance combinations for U.S. and non-U.S. mergers between 1997 and 2002. We find positive ......
- Capturing customers--how the new wave in call centers is aiding the financial industry
Banks, insurance companies and other organizations within the financial industry today face the dilemma of increased competition, low customer loyalty and few opportunities to sell something new to their customers; and all the while, it costs far more to recruit a new customer than it does to retain a current ......