This fast-growing midwestern bank chain, with a base in Cincinnati, was a terrific investment in the 1980s and 1990s.
The manager of a particular bank chain noticed that even when other tellers were free, his older customers were gravitating towards one particular window.
Astute buyers with strong cash positions can help themselves and their suppliers by becoming the bank for their supply chain.
Joel Kotkin, of Pepperdine University, points out that today not a single major bank, department-store chain or telecoms company calls the nation's second-largest city its home.
Sanwa Bank, one of the chain's four biggest creditors, is weighing several schemes, including one in which Daiei's main supermarket operation has its debts forgiven, allowing it to survive, but other parts of the group are sold or shut down.
Rolf Breuer, chairman of mighty Deutsche Bank, has resorted to opening a small chain of banks in France, because the French government has told him it would not welcome a bid for one of the big banks.
And they simple don't know how the ECB would react - whether it would do something that central banks are never supposed to do, which is provide unsecured loans, or whether it would allow the bank to fall over, and risk a chain reaction of collapsing banks.
In Britain, for example, Goodwin's niche brands besides NatWest and RBS range from Coutts (bankers to the Queen of England) to Tesco Personal Finance (a bank that's a joint venture with the supermarket chain) to DirectLine (insurance sales over the telephone).
Then, as the bank scrambled to manage the problem, it set off a chain of events that led to the price collapse.
Once these forces were large enough, they gave incentives to each element in the chain--from the mortgage originator to the investment bank--to participate in and contribute to the bubble.
Among these were: an entrepreneur who had just sold her business for an eight-figure sum, the managing director of an investment bank, a U.S. manager of an international hotel chain, a publishing executive, the owner of a catering firm, and a specialist on military affairs in the Middle East who works at the UN.
When the U.S. Treasury and Federal Reserve Board decided to guarantee bank debt and inject capital into our major banks, it started a chain reaction in several sectors of the bond market.
To prevent a chain of default in the futures market, says the central-bank president of the time.
The non-bank participants in the global financial system are just as important, since the chain is only as strong as its weakest link.
Street Sweeper has reported about such scams hitting major financial institutions such as Citibank, JP Morgan Chase, Bank of America, credit card companies such as Discover, the Subway sandwich chain, and even hotels and other businesses.
FORBES: Pair Sentenced To Federal Prison In Michaels Stores Customer Information Ripoff
Starting with Bank of Scotland's operation of payment cards for Marks and Spencer, a retail chain, they have shattered the old convention that English and Scottish banks did not compete on each other's turf.
ECONOMIST: The financial industry in Scotland is enjoying a quiet boom
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