Retail Banking Academy news roundup – 19/12/16



Billion-Dollar Desktop Days Hits Record Streak

“According to comScore, the number of consecutive billion-dollar sales days has hit a record of 19 days since Thanksgiving, which blows last year’s record of nine consecutive billion-dollar days out of the water.”

Wells Fargo account openings fall for third month

“Wells Fargo has said the number of customers opening accounts has dropped sharply for a third consecutive month — underlining the scale of the fallout from the recent scandal over its sales tactics.”

Monte dei Paschi in last-ditch effort to lure retail investors

“Troubled Italian bank Monte dei Paschi di Siena sought on Friday to convince 40,000 retail investors to take part in its last-ditch rescue plan, warning them they could face bigger losses if they did not convert their bonds into shares.”

Lafferty Daily Briefing – 19th December 2016

“Authorities in Kiev have declared PrivatBank, the largest lender in Ukraine, insolvent: nationalisation is now underway, and, with a $5.6 billion hole in the bank’s balance sheet, that is an expensive undertaking for a people already burdened by the Russian annexation of Crimea.”

The Retail Banking Academy is the only international training academy that offers qualifications exclusively dedicated to the best practice principles in retail banking from the practitioner’s point of view. We are committed to making the Certified Retail Banker qualification (CRB) the recognised industry standard by making it possible for ambitious retail bankers worldwide to embark on a structured programme that sets the highest standards of ethics, education and customer-oriented retail banking excellence.

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