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Banker Tagged Articles
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The Various Roles, Banker, Broker and BDO
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| Each of the above can and will help you to solve your financing needs. All of the three are very distinct and have various roles in the approval of your SBA or business loan. By understanding the individual role of each of teh different financing sources you are best ablet to choose who will best meet your needs. All of this is further ecplained in my book GET Your Loan Closed! |
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How big is the 2011 oil price shock?
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| Each of the last five major downturns in global economic activity has been immediately preceded by a major spike in oil prices. Sometimes (e.g. in the 1970s and in 1990), the surge in oil prices has been due to supply restrictions, triggered by Opec or by war in the Middle East. Other times (e.g. in 2008), it has been due to rapid growth in the demand for oil. |
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In 2010, 157 banks were closed, a pace of about 3.0 banks per week
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| The Federal Deposit Insurance Corporation oversaw the closing of six banks on Friday, April 15. This brings the total for 2011 up to 34 banks, a pace of about 2.3 banks per week. The problem bank list published by the FDIC every quarter rested at just under 900 banks (out of 6,529 banks in the banking system) on December 31, 2010. The other number that is important is the number of banks that were acquired or merged into other banks. Last year there were 153 banks dropping out of the industry due to such consolidations. Thus, the number of banks in the commercial banking system declined by 310 units last year or at a rate of approximately 6.0 banks leaving the system per week. |
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What\'s An Opinion, Anyway?
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| A client called me recently with what she said might sound like an odd request. "I need your 'opinion,'" she said, "and it has to be in writing. Can you do that? And what does that mean, anyway?" After reassuring her that it was not an odd request and that not only could I do it, I would, I gave her an explanation... |
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Other Banker Related Articles
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Balanced Yet
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| I met a banker last week who had changed his thinking and his life. |
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J.P. Morgan: The Finance King Is Born
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| Forbes.com editors ranked him as the second most influential businessman of all time as well as the most important banker who ever lived. An American financier and banker, J.P. Morgan became one of the wealthiest men in the world, who created a reputation for himself after having rescued the U.S. government from financial nightmare, and after having created the world’s first billion-dollar company among other feats. The empire and the company he created live on to this day as the third-largest financial services firm in the U.S. |
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The Benefits of Making Your Banker Your Friend
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| While every business has a bank, few have a banker. That's because bankers are too often seen as obstacles standing between an entrepreneur and the bank's vault. |
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Borrowing Money - Banker Key Questions
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| The key questions the banker will be seeking to answer are as follows: |
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Lesson #5: Branch Out To Build Your Base of Success
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| Though you might not know it since Giannini never liked to toot his own horn, America’s most beloved banker actually had a significant impact on American culture that was far removed from the world of banking. From cinema to architecture to relief efforts overseas, Giannini devoted much of his resources to causes he felt equally passionate about. It was in doing so that he is today remembered as not just a great banker, but a great supporter of entrepreneurship in all its various forms. |
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Need Capital? Have a solid business plan.
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| When good things happen to small businesses, they tend to run out of cash. Between customers who pay slowly, vendors that want to be paid fast, marketing and building your team, growth is expensive. If you’ve been successful growing your business, you’re eventually going to need more money, and a banker is often your best source of funds. This article talks about what drives your banker and helps you understand how to make a compelling argument in favor of loaning you money...assuming you need and want it! |
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The Importance of Ethical Business Practices
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| How do managers go about instilling good ethical behavior in their staff? And, how did it happen that a Bear Stearns banker once went out of his way to foster an aberrant culture where common courtesy was not to be tolerated? |
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Lesson #1: “Entrepreneurs have to be willing to stay the course”
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| “It was hard not to enjoy the success we were having, doing a deal a day,” says Wilson of the early days with FirstEnergy. “It was enthralling to be at the office. I got as caught up in my career as any investment banker could be.” |
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All about Business Bankers - What can a Business Banker do for you and your business
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| Like most other business professionals and consultants, Business Bankers want their clients to be successful. But unlike attorneys and CPAs, banks help out financially through lending. While Attorneys watch out to make sure you don't cross the line, and CPA’s are tax driven, banks are more profit driven.
A good banker cares about your business and is willing to help you become profitable. In many ways, a business banker is your business partner. And unlike your CPA or attorney, a Business Banker NEEDS you to be successful and profitable. They have "skin in your game"
In addition to providing funding, they can also provide expertise to ensure that your business is successful. A business banker can even provide a network to grow your sales and maximize your business profits. |
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Introduction to Private Banking
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| Private banking is a blanket term that is used to describe the personalized attention that a banker or advisor gives to high wealth individuals. |
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