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
[email protected]
------ Original Message ------
From: "Bill Johnson" <[email protected]>
To: [email protected]
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
<[email protected]> 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
<[email protected]> wrote:
ING isn’t a bank either.
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