This WSJ article seems to not really understand bank business models or the current environment.  Right now banks are overloaded with huge litigation and regulatory costs which are effecting profitability.  In addition net interest margins are artificially low due to actions from the Federal Reserve.  As these issues reside, bank profits should grow.  In addition...Read More

Fortune Magazine did a great job profiling Banco Santander (STD) Chairman Emilio Botin who has built a family run Spanish regional bank into the largest European bank by market capitalization.  I really appreciate his philosophy of buying banks with an international presence during a period of turmoil, and then helping them recover through incorporating his...Read More