2005 was the best year for commercial construction since 2001, (but) we've still got that stock of buildings where we have a surplus. |
A lot of the banks have realized that you win the war for the heart and mind of the customer with the front-line staff. The retail consumer doesn't form a relationship with (Wachovia CEO) Ken Thompson. |
After all, why should consumers pay for free-standing real-estate offices and branch banks when you can combine both service offerings under the same roof? |
I think they'll continue to explore options outside the United States, and they'll continue with non-bank acquisitions. |
It's coming off a really outstanding year in 2005, and it has reached the size when it's really difficult to sustain double-digit performance growth. |
That doesn't resonate with people who write 10 checks a month. |
There will be a real shortage of line supervisors and on-site supervisors. That's were the crisis will be most acute. |
Wachovia faces a difficult dilemma in seeking growth in 2006. |
Wachovia faces a difficult dilemma in seeking growth in 2006. It's coming off a really outstanding year in 2005, and it has reached the size when it's really difficult to sustain double-digit performance growth. |
What BB&T is doing is putting its commercial-lending muscle and its shareholders' money behind its corporate philosophy of supporting private ownership of property. |
What we've seen is a lot of pent-up demand. |