Pete (Peter) Duffy
speaker
590 appearances
1 recordings
1 series
first heard Jul 2026
last heard 10 Jul
Pete (Peter) Duffy’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.
Appearances
The banks and credit unions were on top of each other for years.
And after two years of that change on paying insurance on borrowings, they went like this and have been there ever since.
And what that's doing is it's making it harder to grow deposits if you're a credit union and it's costing you more to keep what you got.
So your margins are eroding.
As it is for the community banks and all the institutions without economy of scale.
Yeah.
And the thing that's interesting about it too, Josh, and you can see it
I if you're paying attention to it.
And I
Like it or not, nerdy or not, I eat, sleep and drink this stuff.
And so I look at how institutions compete.
Енфорест там с абин на бізнес.
You can see the money center banks, JP Morgan Chase, Chase, B of A, Wells, City, Truist, for the first time, you can see them
Almost specifically focused on leveraging their girth, their scale.
In the marketplace.
And I think what's going on is they they now pay insurance on borrowings.
They're seeing Jamie Diamond told in a town hall to the whole bank at JP Morgan Chase about three years ago, look, you guys should all be scared shitless because the fintechs are coming after us.
We better get on the horse.
And
So the big banks have seen things change on them that's made them say, you know what, we're really not leveraging a lot of our strengths the way we should.
Showing 361–380 of 590 · page 19 of 30
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