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| Issue of April 17, 2006 |
Web Still Tangled in Today’s IndustryBy Katie Curnutte When the Internet boom began in the 90s, it didnt take long for banks to jump on the bandwagon and start offering online services. But more than a decade later, the industrys Web sites tend to lag behind others in use of technology and innovation. Net Interest Margins Making Life Challenging for Bankers By Andrea Gregory Massachusetts banks have watched net interest margins decline over the last decade. Some industry watchers say they are about as low as they can go, and others say the shrinking margins have added to the competitiveness of the banking business. As attracting core deposits becomes more of a challenge, short-term interest rates go up and bankers are faced with a flattening yield curve, net interest margins feel pressure. |
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