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Shake-up is an attempt to improve its image following a string of scandals
US sector takes 5% hit – despite strong performance from J.P Morgan and Merrill
While traditional lending struggles with slow growth a niche lending business is experiencing huge momentum
The focus needs to shift to what customers want to buy
Community Banks Should Focus on Regional Strategy
Calling 2020 the year of the “disruption of the status quo.”
The assets were focused primarily on emerging market debt
Schwab will become a bigger firm than some of the largest banks in the country
For community and regional banks one area that remains largely untapped is commercial lending
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