It’s a Wonderful Life (In Jersey)

Because of its geographic and cultural distance from Manhattan, the bridge-and-tunnel bank has thrived.

By Daniel Gross | NEWSWEEK
Published Aug 2, 2008
From the magazine issue dated Aug 11, 2008

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  • Posted By: jmickers52 @ 08/06/2008 2:48:52 PM

    I think it all comes down to bank management & strategic planning. If a bank is conservative to who it lends to they'll be successful in the long run. Look at Canadian banks like <a href="http://www.bmo.com">Bank of Montreal</a>

  • Posted By: jmickers52 @ 08/06/2008 2:47:44 PM

    I think it all comes down to bank management and planning. If they are conservative, of course they'll be successful. Look at the Canadian banks like Royal Bank or <a href="http://www.bmo.com">Bank of Montreal</a>

  • Posted By: z1ncPl8 @ 08/06/2008 12:24:28 PM

    What about this banks exposure to interest rate risk if it's holding all its loan? Repricing could kill them unless they're hedging.

  • Posted By: z1ncPl8 @ 08/06/2008 12:23:12 PM

    What about this banks exposure to interest rate risk??

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