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Normally, Legend Bank tries to ascertain the character of its borrowers. Now, the bank is proving its own character to the tiny Texas town that served as ground zero for the first bank failure in 18 months.
As a general rule, a bank does the same thing that any other business does: It buys products at a lower price and sells them at a higher price.
Should bank boards put a stop to mandatory retirement ages?
Warren Buffett once wrote that the “banking business is no favorite” of his — yet as the chairman and CEO of Berkshire Hathaway, he is one of the largest investors in four of the nation’s five biggest banks.
Organizations that achieve success without a clear direction are destined to find it short-lived.
Over the past couple weeks, I’ve been looking into technology companies that are partnering effectively with banks.
If you rank the 51 banks on the KBW Regional Banking Index by valuation, First Financial Bankshares towers over the rest.
If P. Henry Mueller were alive today, he would probably tell bankers to be careful.
Regulators are looking to fix a problem of their own making: the national deposit rate cap.
In 1860, one year after oil was discovered in Pennsylvania, John D. Rockefeller invested $700—his life savings—in the oil business.
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