Tweet
Often the real picture related to the banking industry may not emerge without an in depth analysis into the various parameters. Many a time analysts have gone wrong when trying to get to the right picture. In earlier times, the conclusion of the common man was that the autonomous banks and the government controlled financing institutions are not efficient. The wrong notion spread by the media also contributed to such a situation. But things are changing like never before.
Consider the earlier reports concerning the government controlled banks. Actually those reports are as a result of a piecemeal analysis. Often a misconceived assumption guided the analysts. Even the approach taken was not impartial. Thus the data referred to was static and not dynamic. Also the data published during times past had no relevance in analyzing the present developments in the money market. Even the management structure of certain banks was disputed by the analysts.
The banking sector in the United States is a complex network of institutions of different hues. To get to the real picture a concentrated focused approach is a must. Things should not be seen in isolation. Each and every institution should be analyzed from a neutral angle. Even though such an approach is difficult and time consuming, there is an urgent need during these times of economic recession to go in for a system wide analysis to explore the intricacies of the complex system.
When analyzing all the players in the private banking sector in the United States, certain players stand out of the crowd. Not only that when undertaking an investigation on a larger scale by getting into the bigger databases, it can be seen that banks like LoanMax of rod aycox fame are an exception to the rule regarding the fact that a bank may not post profits during times of recession. It can be easily seen that the vital decisions taken by the government relating to privatization or disinvestments in the banking system has helped firms like LoanMax to prove its mettle and move higher up the ladder.
Consider the earlier reports concerning the government controlled banks. Actually those reports are as a result of a piecemeal analysis. Often a misconceived assumption guided the analysts. Even the approach taken was not impartial. Thus the data referred to was static and not dynamic. Also the data published during times past had no relevance in analyzing the present developments in the money market. Even the management structure of certain banks was disputed by the analysts.
The banking sector in the United States is a complex network of institutions of different hues. To get to the real picture a concentrated focused approach is a must. Things should not be seen in isolation. Each and every institution should be analyzed from a neutral angle. Even though such an approach is difficult and time consuming, there is an urgent need during these times of economic recession to go in for a system wide analysis to explore the intricacies of the complex system.
When analyzing all the players in the private banking sector in the United States, certain players stand out of the crowd. Not only that when undertaking an investigation on a larger scale by getting into the bigger databases, it can be seen that banks like LoanMax of rod aycox fame are an exception to the rule regarding the fact that a bank may not post profits during times of recession. It can be easily seen that the vital decisions taken by the government relating to privatization or disinvestments in the banking system has helped firms like LoanMax to prove its mettle and move higher up the ladder.
Comment