FNFG eating MTB's lunch at their own game...IMHO.
Technically, this chart looking nasty bad, like most banks here and abroad.
stockcharts.com[PA][D][F1!3!!!2!20]&pref=G
Their good friend AIB: (ouch!)
google.com
This is a good one:
"“But there isn’t a more honorable profession than banking,”
Practice what you preach, please!
=========================
M&T Bank CEO Wilmers cites lack of trust in banks
Baltimore Business Journal - by David Bertola , Buffalo Business First Date: Thursday, August 18, 2011, 9:12am EDT
Related: Banking & Financial Services, Small Business, Economic Snapshot
Enlarge Image
Robert Wilmers is CEO of M&T Bank.
 
M&T Bank Corp. M&T Bank Corp. Latest from The Business Journals M&T's Wilmers cites lack of trust in banks M&T's Wilmers cites lack of trust in banks Huntington Bank may buy other banks Follow this company CEO Robert Wilmers said the financial crisis has led many to distrust banks.
“But there isn’t a more honorable profession than banking,” he said Wednesday to some 400 small business lenders, U.S. Small Business Administration personnel and those who support small business lending at Buffalo Niagara Convention Center in New York.
Wilmers cited statistics that recently, trusting a bank has been an issue among small business owners, and that businesses and banks alike have been “putting money away like crazy.”
“The bank that refuses to lend money is like a factory that refuses to produce goods,” Wilmers said. “Neither will survive for long.”
He said small businesses and the SBA can work together to solve the country’s unemployment problem.
“The nation’s most pressing problem is creating jobs,” Wilmers said, referencing a 9.1 percent unemployment rate in the U.S. “But with the public’s image of banks, we can’t expect business to come to us.”
Wilmers encouraged small businesses to utilize the SBA. M&T is the largest SBA lender in the Baltimore area, and the second-largest bank in the region ranked by market share.
“The SBA is available to help with a myriad of resources and support, and we can start by learning about the 14 different programs within the SBA set,” Wilmers said, urging bankers to partner with SBA to re-build the nation’s economy and workforce. ...
M&T Bank Corp. M&T Bank Corp. Latest from The Business Journals M&T's Wilmers cites lack of trust in banks M&T's Wilmers cites lack of trust in banks Huntington Bank may buy other banks Follow this company CEO Robert Wilmers said the financial crisis has led many to distrust banks.
“But there isn’t a more honorable profession than banking,” he said Wednesday to some 400 small business lenders, U.S. Small Business Administration personnel and those who support small business lending at Buffalo Niagara Convention Center in New York.
Wilmers cited statistics that recently, trusting a bank has been an issue among small business owners, and that businesses and banks alike have been “putting money away like crazy.”
“The bank that refuses to lend money is like a factory that refuses to produce goods,” Wilmers said. “Neither will survive for long.”
He said small businesses and the SBA can work together to solve the country’s unemployment problem.
“The nation’s most pressing problem is creating jobs,” Wilmers said, referencing a 9.1 percent unemployment rate in the U.S. “But with the public’s image of banks, we can’t expect business to come to us.”
Wilmers encouraged small businesses to utilize the SBA. M&T is the largest SBA lender in the Baltimore area, and the second-largest bank in the region ranked by market share.
“The SBA is available to help with a myriad of resources and support, and we can start by learning about the 14 different programs within the SBA set,” Wilmers said, urging bankers to partner with SBA to re-build the nation’s economy and workforce.
“As we seek to build the overall economy and new jobs, I urge you to consider how you can apply that formula at your bank, in your community, with your customers,” he said. “You will earn their confidence and restore honor in our profession.”
Read Full Article |
