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This is not exactly the mass-market banking of A.P.
FORBES: Magazine Article
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They would have been those local ones which had been making those local loans, sure, but mass bankruptcies in the banking system there would have been just the same.
FORBES: Ezra Klein, The Financial Crash and Risk Dispersement
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This is logical since the critical mass is now in the banking system, not the sovereign debt markets.
BBC: Eurozone banking union: The big bazooka
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At that moment when the banks changed the way we paid for stuff, it was a watershed that enabled us to do online banking, and a mass movement was born that made it totally acceptable to pay for things over the internet.
FORBES: Paying For Stuff With Your Phone
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Taking advantage of technology, Schwab sees an opportunity to offer more of a hybrid form of investment advice that isn't compromised by commissions or investment banking but operates on a mass scale that exploits his company's tentacles into 6.6 million accounts.
FORBES: Charles Schwab, Version 4.0
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The new House Finance Committee Chairman Barney Frank (D-Mass.) and the new Senate Banking Committee Chairman Christopher Dodd (D-Conn.) aim this year to rewrite lending laws to establish new consumer protections and stricter rules for loans made to subprime (that is, not very creditworthy) borrowers.
FORBES: The Mortgage Nanny
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The measures include a tax increase, a major restructuring of Slovenia's ailing banking sector, and a programme of mass privatisation.
BBC: Slovenia unveils reforms as it seeks to avoid EU bailout
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For now Moynihan is clearly banking on cost-saving measures associated with mass layoffs to help convince stock market investors that Bank of America is headed in the right direction and can deal with the current low-interest rate environment, mortgage-related legacy issues and new international banking capital requirements that Moynihan said were the biggest challenges facing his bank.
FORBES: BofA CEO Impresses Investors With $5 Billion Of Cost Cuts