ALTOONA – Kish Bank opened its first branch in Blair County, located at 615 Pleasant Valley Boulevard in Altoona. The full-service branch is now open to the public, with a weeklong grand opening celebration to take place Aug. 7-11. “Kish is thrilled to be joining the Altoona community and to begin providing our full offering […]
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stock s down a bit today. what did you uncover? and this is an interesting one because it s unlike the last scandal stephanie was talking about. but it has roots in the same problem nap is people being compensated for the wrong thing. when we get these bank scandals, it s often one small division, one trader, one unit letting it rip. when you have thousands of accounts being opened, you ve got a fundamentalal problem across the organization. you re right. this is different than the retail banking sales practice issue. that was all about the average joe. this is about fairly sophisticated mid-sized companies that were overcharged routinely. and that s because welles far low was charging high fees since bankers would make more money if they hit higher targets. but it s a whole business unit. it s not just one person in the bank with bad practices or committing fraud. this is across the unit because of their pay incentives. yes. and that s starting to change. but not yet. they ve