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"Artificially low rates are not good for anybody," said BB&T (BBT) CFO Daryl Bible on the...

"Artificially low rates are not good for anybody," said BB&T (BBT) CFO Daryl Bible on the company earnings call last week. The Fed's rate policy is proving to be as much, if not more bane than blessing to the banks. With new regulations squeezing fee income, lenders are more reliant than ever on lending, but they can't make a spread as the Fed flattens the curve.
Comments (2)
  • Its ok, Bernake is leaving.
    23 Oct 2012, 08:44 AM Reply Like
  • The cost of keeping the Treasury illusion alive.
    23 Oct 2012, 03:37 PM Reply Like
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