TITLE

BANKS REFOCUS ON THE EX/IM BUSINESS

AUTHOR(S)
Kite, Shane
PUB. DATE
November 2004
SOURCE
Bank Technology News;Nov2004, Vol. 17 Issue 11, p25
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article informs that the top U.S. banks are seeking to recover market share in providing import-export trade services to corporate clients by automating and standardizing the sometimes lengthy, paper-heavy process and porting it to the Web. Wachovia and other banks are trying to entice customers back to using them more as middlemen in securing payment and delivery of goods manufactured overseas by expanding their legacy services from primarily providing letters of credit, to adding open account options with alerts and standardized templates meant to facilitate.
ACCESSION #
15020776

 

Related Articles

  • Instalment Credit Grew $1.05-Bil. in June.  // Banking;Sep65, Vol. 58 Issue 3, p120 

    Reports on the growth of instalment credit in the United States in June 1965. Evaluation of the previous rates of instalment credit in the 1960s which ended on June 1965.

  • Touchstone Scores Touchdown With Record '01 in Bank Sales. Krebsbach, Karen // Bank Investment Consultant;Jun2002, Vol. 10 Issue 5, p40 

    Focuses on the value of relationships between wholesalers and producers in the banks in the U.S. Volatility of stock market; Details on the premium growth in bank channel; Impact of relationship on product quality.

  • FDIC State-of-Banking Study Argues for New Yardsticks. Rehm, Barbara A. // American Banker;3/25/2004, Vol. 169 Issue 58, p3 

    Banking may be down, but it's not out. At least that's how the U.S. Federal Deposit Insurance Corp. (FDIC) sizes up the industry after taking a hard look at the way commercial banks have adjusted to the evolution of the credit markets. To be sure, as non-financial debt has soared since the early...

  • Credit Unions Stay on the Attack. Malakian, Anthony // U.S. Banker;Dec2009, Vol. 119 Issue 12, p15 

    The article discusses the aggressive marketing which includes the credit unions that helps in growth deposits of banks in the U.S. making it a competitive threat. It states that many credit unions are reprimanded since it claim that banks are not a safer place to put deposits. According to an...

  • Banker Rhetoric Can't Withstand Scrutiny.  // Credit Union Executive Newsletter;6/24/2002, Vol. 28 Issue 21, p1 

    Reports the financial conditions of commercial banks in the U.S. Growth in credit union market share; Increase in total depository assets; Total assets hold by the commercial banks.

  • Retooling systems for reforms past and future. Blount, Edmon W. // ABA Banking Journal;Mar1991, Vol. 83 Issue 3, p68 

    Focuses on the impact of the interrelation of the technology and financial innovation on the segmented financial systems in the U.S. Impact of the technological reform on securities processing; Prediction of workstation explosion; Reduction of cost and improvement of market shares.

  • M&A Seen Disguising a Dearth Of Real Growth by Biggest Banks. Bills, Steve // American Banker;12/12/2001, Vol. 166 Issue 237, p1 

    Reports the effects of acquisitions on the banks in the United States. Decline of rates on deposits; Loss of market share to smaller competitors; Percentage of average acquisition-adjusted rate.

  • Bendix & Dana ink brake deal. Cullen, David // Fleet Owner;Jul2004, Vol. 99 Issue 7, p50 

    Focuses on the terms of the agreement signed between Bendix Commercial Vehicle Systems LLC and Dana Corp. in North America. Increase on the number of distributors; Enhancement on the quality of service; Expansion on the market share of the firms.

  • AMERISOURCEBERGEN CORP.  // MondayMorning;8/6/2012, Vol. 20 Issue 31, p1 

    The article provides information on the commitment made by AmerisourceBergen Corp. for providing 18.5 billion dollar per year to Express Scripts Holding Co. It states that business relationship of both the companies will be cementing on October 1, 2012 as the contract of next three years will be...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics