Media Mentions

Steve Johnson Quoted in Minneapolis/St. Paul Business Journal

03.15.13

Steve Johnson was quoted in the March 15 "Banks double down on fees" special report on Banking & Finance in the Minneapolis St. Paul Business Journal. The article discusses alternative fee based businesses as a way for many banks to increase their profits. Getting into businesses like wealth management, trust or insurance isn't cheap or easy ..."If it was, everyone would be doing it and everyone would be making a lot more money...It's dangerous for banks to jump into something that they're not prepared for or familiar with, whether it's specialized lending or an activity like trust or investments."

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LaFromboise, Antoine J.
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