Author Topic: Report: Banks to be less profitable  (Read 1969 times)

Brad

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Report: Banks to be less profitable
« on: November 29, 2010, 02:34:22 PM »
Accountancy: Rising Regulation to Cut Bank Profitability
http://www.accountancymagazine.com/croner/jsp/Editorial.do?channelId=-305535&contentId=1732340

To me this means the banks are not going to lend money any time soon. I expect very slow economic recovery for bricks n mortar.  Will that actually help online sales?

Added: Staying away from politics please.
« Last Edit: November 29, 2010, 02:37:20 PM by Brad »