Viewing profile — hankthecat

Private banking basically means high net worth wealth management. Includes banking, investments, lending, etc.

Much more than you would think

This is somewhat funny to read because if you were a JPM(chase) Private Bank client you wouldn't have any of these issues (zelle works, you can deposit checks, pull from any/all AT…

I mean 80 billion in 2007 dollars would be $100 trillion today. So 4.5 billion today is obviously a lot less money using your example. you need to adjust for inflation if you're go…

dropping interest rates had everything to do with it. the 10yr treasury was at 6% in 2010 and now it's at 1.15%. your TIPS did well because rates dropped. Also those are mostly pap…

for whatever reason different names on credit cards slip through the regulatory cracks but the name linked to a bank account will not. the AML/KYC process is more regulated. frankl…

agreed the sticker is a big part of it. Although I will say a super loud alarm going off will probably scare way some people and the police do eventually show up if you have monito…