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Bank Profitability: Decoding the Income Statement

Tom Spencer

Bank’s Income Statement It’s important to note that banks have diverse product offerings and client types, and the reporting of business lines such as retail banking, wholesale banking, and wealth management can vary between different banks. The interest rate set by the central bank serves as a benchmark or reference rate for banks.

Banking 88
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Why CEOs Can’t Dance Redux

Rick Conlow

All lights were off except a spotlight on the presenting manager and the CEO’s reading light. Among CEO top priorities are sales growth and profit. Customer loyalty generates sales growth and profit. According to management studies, a key reason leaders derail is that they do not communicate well.

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Ruble Sinks to Record Low; Russia Intervenes in Currency Markets to Stabilize Ruble; Russia Denies Ultimatum

MishTalk

Bank Rossii poured dollars into the currency market, with traders estimating sales of about $10 billion, and raised interest rates after the threat of Western sanctions against Russia sent the ruble to a record low. So far, the panic goes on,” Dmitry Dorofeev, a money manager at BCS Financial Group in Moscow, said by e-mail.

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Hey Janet, It's July 15!

MishTalk

In her semi-annual monetary policy testimony, she added that the Fed "expects US GDP growth to strengthen over the remainder of this year and the unemployment rate to decline gradually." A quick check of the FOMC calendar shows Fed policy meetings on July 28-29, and September 16-17. Retail sales are dismal. Can you say?

Retail 28
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Why Aren’t Black Employees Getting More White-Collar Jobs?

Harvard Business

My senior year in college, a black sales rep from IBM encouraged me and a group of fellow black students to consider a career with the company. It offered a competitive salary and extensive training, and it could point to several minority leaders in management. representation in non-management professionals. The Numbers.

Metrics 33
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Monetarists Accuse ECB of "Dangerous Game of Chicken"; The REAL Dangerous Game

MishTalk

In addition to holding its benchmark rate at 0.25%, the ECB also left the rate it pays on bank deposits unchanged at zero. Retail sales fell 1.6pc in December, the biggest drop for two-and-a-half years. Retail sales did not decline because of passive tightening. The question is - is there deflation? The answer is no."

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Brews, News and Booz & Company: Interview and Culture Insights

Management Consulted

If you love a strong performing underdog, are ex-military, or just go bananas thinking about public policy and the private sector, read on for these – and more – reasons we love Booz & Company. Booz, who could very well possibly be considered the father of management consulting as a career. Program Management.