Monday, March 19, 2007

Any Good Ideas Lately?

CFO Magazine's March edition provided a "state of the industry" overview for banking and finance. Not surprising, there's no shortage of money for deals of all risk profiles. Even for the more risky credits, it's just a matter of pricing. And there's no shortage of new products like remote deposit capture and other cash management techniques.

But when is the last time your banker brought you a new idea? Perhaps a mention of a possible acquisition candidate, a new product twist offered by your competition, or a possible introduction to another one of the bank's clients in a complementary business?

In the article, Eileen Kamericak, Executive Vice President and CFO of Heidrick & Struggles says "we continue to meet with our banks because they're a good source of ideas."

What ideas has your banker brought you lately? Or have you seen them lately?

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