The big banks of today have two advantages: Deposits provide a cheap source of funding and they have lower borrowing costs because investors believe the government stands behind them. By leaning on the federally insured deposits, banks can keep their borrowing costs down. For investment banks, a break-up of universal banks would remove the safety net of the federal government and paying higher interest rates to borrow in the credit markets—neither very appealing to them.
This could be a year when too many of your clients will face devastation due to natural disasters.
If your sales are soft, here are ideas about how to fix that.
One of the weak performers was voluntary dental insurance.
Sponsored by FTJ | FundChoice
A full-service solution that helps you improve your process and client relationships sounds great, but you must be able to determine what will best help your firm grow.
Sponsored by Smarsh
New communication tools can open up your firm to risk and prohibition is not prevention. Learn five key practices you should implement now.
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