By: A new future based on a different revenue model is needed for banks « The Bankwatch

Sun, 21 Dec 2008 09:31:59 +0000

[...] & 2006, was the survival of newspapers. However the concept applies equally to Banks and that post noted the dropping interest revenue at banks despite the rapid growth in assets. Results 1998 to [...]

By: David

David — Tue, 09 Jan 2007 22:32:30 +0000

Rob Curley was recently nominated to the Newspaper Association of America industry magazine’s 2006 list of the “20 under 40.” As a part of the online version of the “20 under 40″, Rob was asked to answer some additional questions (http://robcurley.com/2006/12/22/cutting-it-a-little-close/). I found a few of his comments interesting and very applicable to the banking industry, particularly “that we cannot be afraid of changes in our business model” and he goes on to talk about “reinventing dying revenue streams” and “different margins” then notes that “It seems like we spend so much time worrying and talking about the industry and the institution, when instead I think we should be talking about what our readers and advertisers want.” Banks should heed this advice and focus on what customers want and reinvent new ways to serve customers and connect with customers.

Comments on: A future without revenue | less GDP is the norm

By: A new future based on a different revenue model is needed for banks « The Bankwatch

By: David