[via PDK] I have been getting calls and messages all afternoon about chase banks…about systems being down, remodelings, closing branches, adding virtual branches…all kinds of craziness. Rumors are flying and its very interesting whats happening at Chase as they prepare for the brand new system…The official story is they are simply downsizing banking. More and more people are going electronic… they are automating as much as they can to save on labor. The unofficial story is a number of employees are telling folks they were told to expect a lot of new wealthy customers. We are gearing toward wealth management.
