I am told from a very good source that turnover at BB&T for commercial lenders is over 25%, well over. Any thoughts out there as to why? Salaries? Incentives? Poor Leadership? Thoughts from those in the know welcome.
Bank of America Hikes ATM Fees
By Kathy Chu,USA Today
Posted: 2007-09-13 11:12:57
In a move that's expected to prompt higher fees industrywide, Bank of America has raised, to $3, the amount it charges non-customers to withdraw cash from most of its ATMs.
What do you think of the $3 fee?
It's outrageous 94%
It's fair 6%
Total Votes: 124,272
The fee, up from $2 per withdrawal, was quietly rolled out across the country in July and August. It's the highest such fee ever imposed nationwide by a major bank. Because Bank of America has the largest ATM network in the USA, the higher fees could hit millions of consumers.
The development will likely lead other banks to raise their ATM fees, too. "Banks often move like a school of fish on punitive charges such as ATM surcharges and credit card late fees, so it's just a matter of time before others follow suit," says Greg McBride, a senior analyst at Bankrate.com.
Citi , Chase, Wachovia and Wells Fargo say they have no immediate plans to raise ATM fees but add that in setting their own pricing, they review what their competitors are doing.
MOST NOTEWORTHY: The U.S. bank sector, oil refiners and SGX Pharmaceuticals were today's noteworthy initiations:
Credit Suisse initiated coverage on U.S. banks, starting shares of BB&T Corporation (NYSE: BBT), Colonial BancGroup Inc (NYSE: CNB) and Zions Bancorporation (NASDAQ: ZION) with Outperform ratings.
Banc of America assumed coverage of the oil refiners but remains neutral on the group given near-term risks to gasoline inventories and margins. They assumed Valero Energy Corporation (NYSE: VLO) with a Neutral rating and $60 target and Western Refining Inc (NYSE: WNR) with a Sell rating and $35 target.
Thanks for playing with me for awhile, Im sure you know how easy it is for Recons, Seals, Rangers/Airborne to find their targets. I found mine. I would imagine your SN was your SS# if you were there. Mine was waaaaay before that, and M-1s were the norm along with the BAR and the M-60, and the 1st Sqdrn of the bellowing cow F4B Phantoms have my name inside the J-79 twins. Btw, I buried many a sand flea in a match box, head facing east, and my DIs knew Korea well. The only thing busted is you, have some more Pogue bait. I remember fondly marching thru the old 1st and 2nd Bn quonset huts and wood frame barracks and cracking the window glass earning an extra smoke that day, but I digress, before your time wasn't it. You most likely ran in running shoes, well, that is if they STIL run in the fat mans platoon. If you look closely you will find my name as one of four mile relay record holders STIL after 46 years, earned along with the NJ State mile champ as anchor with a broken arm in cast. All that good chow from 3rd Bn mess hall. You most likely smelled my sweat, it can hang like me
You have a real image issue, don't you ? Seek help, and good luck. Life is STIL (you're busted) too short, and negitive people are to be avoided. And, I really am on the beach,..can you say the same about your "jet" ? And be careful using the PI reference, it means something to some of us. Peace.
For a homophobic bigot like you I could expect no less or should I say no more...or still the same. Whatever...Still a spoor and an ass for sure, you are the biggest shill of any poster on any Yahoo board. You pose as numerous posters, you TOS posters you don't agree with. You say the same stupid thing over and over, and you love to see "your" name. But what about the truth. This company is "still" like you--stuck in neutral--nothing new. Ok, JA sux as a leader, the people are good HERE and want to do better, but have no LEADER!!!! I did see Mrs today, she smiled, but "still" looks like some flowers would brighten up her day. If you don't send some, I guess I will! always up to me to take up your slack, slacker. And, you've never been a Marine, the biggest lie you tell. Shame shame shame on you "still"....
Now, where is the middle? Or is it a line that's forming?
Later...come visit me...you know where I'm at...W-S aint that far from you, now is it? ha ha
You are laying around the house trailer, watching pay-per-view channels focusing on how to get a sex-change operation while your wife works diligently, day-in-day-out...why? If you are rich, why are you making her work? I saw her this morning....
She looks sad. Maybe you should send her flowers?
Kiss, Kiss, STILLAPUSSY! (YOU AINT BEEN PART OF THE CORP, DIPHEAD)
An oldie but a goodie, from a 2004 news item.....pretty spot on:
"To Email BB&T or Not to Email BB&T"
Imagine you've decided you don't want to get any speeding tickets. Which of the following strategies should you employ?
1. Be sure to drive no faster than the posted speed limit.
2. Lock your car in the garage and never drive again.
Well, if you chose answer No. 2, it appears you have a future at the financial services firm BB&T. See, according to a source inside the North Carolina-based operator of banks and brokerages, some top executives at the firm -- for example, the president and chief investment officer of BB&T Asset Management -- aren't permitted to send any email. Receive email, yes, but send it, no.
We don't know what BB&T's reasoning might be here, but we suspect the alleged restrictions have something to do with a desire to ensure that top-level executives never end up sending emails that might result in embarrassment for the firm and/or litigation -- say, something on par with ex-Credit Suisse First Boston banker Frank Quattrone's now-infamous "clean up those files" email.
A BB&T spokeswoman said the only executive who would be able to comment on the reported restrictions was on vacation.
"It makes you wonder why they would implement such a policy," writes our source, who requested anonymity in the hopes of not getting fired. "Is it because they figure they have something to hide? Or do they have a lack of confidence in the brains of their executives that they must try to save them from incriminating themselves?"