What gave you the idea that retail banking is a low profit business? It
really does not have to be depending on how it is run. ANYTHING can be
low profit, even IBM, when it is run badly.
Doug Fuerst
d...@bkassociates.net
------ Original Message ------
From: "Bill Johnson" <00000047540adefe-dmarc-requ...@listserv.ua.edu>
To: IBM-MAIN@listserv.ua.edu
Sent: 06-Apr-23 18:13:55
Subject: Re: Stop the ragging on COBOL please [was: RE: ASM call by
value]
I used to work at Mellon bank in Pittsburgh. Mellon shut down their retail
banking division to concentrate on the investment industry. Over 20 years ago.
Retail banking is a low profit business. Challenger banking is a no profit
business. Which is why they are failing.
Sent from Yahoo Mail for iPhone
On Thursday, April 6, 2023, 6:07 PM, René Jansen
<rene.vincent.jan...@gmail.com> wrote:
They will be disappointed if they hear that, there are a fusion between
Rijkspostspaarbank, NMB (Nederlansche Middenstandsbank, Postcheque en
Girodienst, and Nationale Nederlanden. They are a very large bank in the
Netherlands. And yes they are off the mainframe, running a lot of mainframe
stuff on Micro Focus.
best regards,
René.
On 7 Apr 2023, at 00:01, Bill Johnson
<00000047540adefe-dmarc-requ...@listserv.ua.edu> wrote:
ING isn’t a bank either.
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