Canadian Banker articles from May 1996

Canadian Banker archives from May 1996

Branchless banking? Don't hold your breath.
May 1, 1996... "Reports of my death have been greatly exaggerated," Mark Twain is supposed to have remarked after the premature publication of his obituary. The same could be said today about bank branches. The imminent demise of the branch has been...

A sense of security. (Royal Bank of Canada security director Sonny Saunders)
May 1, 1996... Protecting the bank and its employees is "a race all the time" for this former Mountie For Sonny Saunders, crime is a way of life. But he isn't in the business of committing nefarious deeds. Instead, as director of corporate security for...

Customers of the future. (banking services for the youth)
May 1, 1996... Although they don't have much money yet, it's easier to begin building relationships with young people now than to fight for their business later. But how? Keith Metz was Christmas shopping with his young niece last December when they...

Knowing about growing. (economist Paul Romer connects knowledge with economic growth)
May 1, 1996... Paul Romer's ideas about knowledge and growth are having a profound influence on economic theorists and business leaders, including bankers. The knowledge economy. Knowledge workers. Knowledge-based industries. Ideas-driven growth. The words...

Working the corners. (foreign banks operating in Canada concentrate on market segments)
May 1, 1996... Under the current regulations, most foreign banks operating in Canada have found there's no percentage in going head to head with the domestic banks. So they concentrate instead on specific market segments. Niche marketing. It's a term most...

Education to go. (advanced education for bank employees)
May 1, 1996... By paying for their employees' advanced education at universities and other external institutions, banks give them the skills they need to advance their careers. It's also an investment in the banks' own intellectual capital. In January of...

Laurentian celebrates 150 years. (Laurentian Bank of Canada)
May 1, 1996... Founded a century and a half ago to promote thrift among the blue-collar workers of Montreal, Laurentian Bank is now a nationwide institution. On May 26, 1846, when the Montreal City and District Savings Bank first opened for business,...

What's in store for retailers. (Canada's retail industry)(Industry Overview)
May 1, 1996... Real (after-inflation) consumer spending n Canada fell marginally during the 1990-'91 recession but then resumed its climb, although at a much slower pace than in the second half of the 1980s. Gains in real personal disposable income were very...