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Remittance services are key to bank growth and survival

February 11, 2008

Analysis of:Citi Launches New QuikRemit Service | www.citigroup.com

Citigroup (NYSE: C) seems to understand the importance of adjusting to the ever changing consumer and corporate base that wants to send money “home” in a secure, efficient manner. Their growth through acquisition of remittance service companies and helps to create a solid hold as a leader in the service. With the continued influx of foreign nationals and corporations to the United States, this business will only grow and will create more brand loyalty.

The next banking crisis is already here. History – never ending lessons we forget

January 31, 2008

Analysis of:The next banking crisis on the way | articles.moneycentral.msn.com

Write-downs for high-risk, high-yield corporate debt, known as "junk", could dwarf losses in the mortgage mess. History repeats itself again and again. Bottom is not here, coming in the next year or two.

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