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March 27, 2013
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News for the retail banking industry

  Top Story 
NADA Automotive Market Report:
What's in store for 2013?

2012 was a year of ups and downs, leaving many to wonder how the data will affect this year's forecast.
    •What were the new vehicle incentive, lease, rental and
      supply levels in 2012?

    •How did used vehicle prices perform?
    •What factors will affect used vehicle prices in 2013?
    •What kind of price movement is expected?
NADA has the answers. Download the report.
  Retail Banking Roundup 
  Industry News 
  • Citi hit with Fed enforcement action over weak controls
    The Federal Reserve is ordering Citigroup to improve its money-laundering controls, according to a consent order made public Tuesday. "Citi continues to take the appropriate steps to address remaining requirements and build a strong and sustainable program," the bank said. Reuters (3/26) LinkedInFacebookTwitterEmail this Story
  Legislative Affairs 
  People and Personalities 
  • Moynihan: "I could do this the rest of my life"
    Bank of America CEO Brian Moynihan says that despite scrutiny from regulators and investors, as long as he can focus on helping people with their finances, he wouldn't mind staying in his job forever. "It's the best job there is," he said in an interview. Bloomberg (3/27) LinkedInFacebookTwitterEmail this Story
  Career Development 
  • Is your very existence a threat to your employees?
    By simply existing, bosses psychologically threaten their workers in fundamental ways, says David Rock, director of the NeuroLeadership Institute. Leaders have higher social status and greater autonomy than their employees, and that imbalance, left unchecked, can demoralize and demotivate workers. "A smart boss will notice this and do all sorts of things to try to fix it," Rock says. The New York Times (tiered subscription model) (3/23) LinkedInFacebookTwitterEmail this Story
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--Albert Camus,
French author, journalist and philosopher

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