Comments on: Annals of management consultancy advice, overdraft-fee edition http://blogs.reuters.com/felix-salmon/2011/09/27/annals-of-management-consultancy-advice-overdraft-fee-edition/ A slice of lime in the soda Thu, 23 May 2013 23:51:59 +0000 hourly 1 http://wordpress.org/?v=3.4.2 By: fugo http://blogs.reuters.com/felix-salmon/2011/09/27/annals-of-management-consultancy-advice-overdraft-fee-edition/comment-page-1/#comment-31322 fugo Wed, 28 Sep 2011 03:10:10 +0000 http://blogs.reuters.com/felix-salmon/?p=10221#comment-31322 well it could well be because of some sort of results based billing situation between the bank and the consulting company. Why the bank would agree to that for basic advice is a mystery but really the arrangement to pay a consulting company a share of the additional revenue generated by their idea isnt that unusual. It can actually work pretty well for both the consultant and the bank if the advice is good. well it could well be because of some sort of results based billing situation between the bank and the consulting company. Why the bank would agree to that for basic advice is a mystery but really the arrangement to pay a consulting company a share of the additional revenue generated by their idea isnt that unusual. It can actually work pretty well for both the consultant and the bank if the advice is good.

]]> By: dbyaseen http://blogs.reuters.com/felix-salmon/2011/09/27/annals-of-management-consultancy-advice-overdraft-fee-edition/comment-page-1/#comment-31320 dbyaseen Wed, 28 Sep 2011 02:43:31 +0000 http://blogs.reuters.com/felix-salmon/?p=10221#comment-31320 No, it's 20% of 33M, times 6. Assuming no growth. No, it’s 20% of 33M, times 6. Assuming no growth.

]]> By: samadamsthedog http://blogs.reuters.com/felix-salmon/2011/09/27/annals-of-management-consultancy-advice-overdraft-fee-edition/comment-page-1/#comment-31316 samadamsthedog Wed, 28 Sep 2011 01:11:29 +0000 http://blogs.reuters.com/felix-salmon/?p=10221#comment-31316 Umm... shouldn't that be 20% of $(125-33)M, or 20% of $92M (not $33M)? Umm… shouldn’t that be 20% of $(125-33)M, or 20% of $92M (not $33M)?

]]> By: y2kurtus http://blogs.reuters.com/felix-salmon/2011/09/27/annals-of-management-consultancy-advice-overdraft-fee-edition/comment-page-1/#comment-31313 y2kurtus Wed, 28 Sep 2011 00:06:28 +0000 http://blogs.reuters.com/felix-salmon/?p=10221#comment-31313 As a banker I'm ashamed that banks went so far as to maximize overdraft fees. We're I a regulator I would go as far as to mandate lowest to highest payment processing of physical checks presented for payment each night after any deposits were posted to the account. Free checking and retail banking will still be profit centers without dishonest practices... they just won't be as profitable. As a banker I’m ashamed that banks went so far as to maximize overdraft fees. We’re I a regulator I would go as far as to mandate lowest to highest payment processing of physical checks presented for payment each night after any deposits were posted to the account.

Free checking and retail banking will still be profit centers without dishonest practices… they just won’t be as profitable.

]]> By: Count_Laszlo http://blogs.reuters.com/felix-salmon/2011/09/27/annals-of-management-consultancy-advice-overdraft-fee-edition/comment-page-1/#comment-31312 Count_Laszlo Tue, 27 Sep 2011 23:44:58 +0000 http://blogs.reuters.com/felix-salmon/?p=10221#comment-31312 I think what you said today about Alessio Rastani is unfounded and ignorant. Day-traders have a lot of time on their hands? Sounds like the only person who has a lot of time on their hands is you sir... I think what you said today about Alessio Rastani is unfounded and ignorant. Day-traders have a lot of time on their hands? Sounds like the only person who has a lot of time on their hands is you sir…

]]> By: BarryKelly http://blogs.reuters.com/felix-salmon/2011/09/27/annals-of-management-consultancy-advice-overdraft-fee-edition/comment-page-1/#comment-31311 BarryKelly Tue, 27 Sep 2011 23:32:55 +0000 http://blogs.reuters.com/felix-salmon/?p=10221#comment-31311 A prior relationship between Union Bank leadership and CAST leadership? A conflict of interest in ownership or other revenue streams? A prior relationship between Union Bank leadership and CAST leadership? A conflict of interest in ownership or other revenue streams?

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