Keith Leggett
Keith Leggett
cycle deciding financial life people reflect risk shop tolerance
Financial instruments need to reflect the risk tolerance and life cycle people are in. Shop around before deciding where to place your savings.
bank choose people risk savings
People need to choose the risk and savings instruments that are right for them. If a person is very risk averse, then bank deposits are very attractive.
believe clearly employment factor improvement job key later market plays today until year
Even if there's a pick-up today in job creation, we should not see a real improvement in delinquencies until later this year -- there's about a six- to nine-month lag. But I clearly believe the employment market plays a key factor in delinquencies.
banks full leads offer range rather recognize small
They don't try to be Wal-Mart. Small banks recognize they need to specialize, rather than try to offer the full range of products. And specialization leads to more efficiencies.