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The Context with Christian Fraser

the uk, so if you had a community lender lending 30 or a0 million to all those towns and cities, all looked after by local entrepreneurs with a philanthropic view, that would make a colossal difference. we need community banks run by the community to benefit the community and not the bonus culture. tt is and not the bonus culture. it is clearly micro-finance - and not the bonus culture. it is clearly micro—finance and local lending but it's that relationship as well because you knew all the people you were lending to when you started out. my dad was telling me today, we are from nelson, next door today, we are from nelson, next door to burnley, but when he opened a chip shop he knew the bank manager at the yorkshire bank and they were on first name terms because they were part of the rotary club or the golf club and you don't get that any more. is that part of the problem? you are spot on the stop i lived in nelson for a while when i was younger and my mum still lives there. everybody knew everybody. i have david h, who is 7a years old, he's the old—fashioned type of bank

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The Context with Christian Fraser

manager and he started in the trustee savings bank when he was 17 years old. what he's done with my team at burnley savings and loans is told them how to manually underwrite, which is looking at people as people. if somebody has had a problem in the past, they haven't paid a bill, they got divorced or split up or they have problems with children or whatever, people go through different problems through life. you can have a look at the problems and see they've got over them, you can chat with them and look at their bank statements and look at their bank statements and ask them about the problem. how can a computer 300 miles away in head office make the same decision is what david h does? it's impossible.— is what david h does? it's imossible. , �* :, impossible. they can't. even though ou have impossible. they can't. even though you have been _ impossible. they can't. even though you have been doing _ impossible. they can't. even though you have been doing this _ impossible. they can't. even though you have been doing this ten - impossible. they can't. even though you have been doing this ten years i you have been doing this ten years now, you still haven't been granted a banking licence. taste now, you still haven't been granted a banking licence.— a banking licence. we still haven't tot a banking licence. we still haven't not the a banking licence. we still haven't got the full _ a banking licence. we still haven't got the full license _ a banking licence. we still haven't got the full license yet, _ a banking licence. we still haven't got the full license yet, but - a banking licence. we still haven't got the full license yet, but we . got the full license yet, but we have got the license to do what we are doing now. each time we get another step nearer we get another part of the license. so we applied

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Sunday Morning Futures With Maria Bartiromo-20220213-20:57:00

court this ist nothing but payback for all the help stacy abrams gaveen joe biden 2020. >> while, david h pretty thanks much for being here we will be watching is great to see this morning sir. we appreciate it. that will do it for us on sunday morning futures for more watches again at 3:00 p.m. eastern but have a great day everybody see you tomorrow on foxbusiness. onal drink you choose. try boost glucose control®. it's clinically shown to help manage blood sugar levels and contains high quality protein to help manage hunger and support muscle health. try boost® today. >> woman: what's my safelite story? i see inspiration right through my glass. so when my windshield cracked, i chose safelite. they replaced the glass and recalibrated my safety system. that's service i can trust. >> singers: ♪ safelite repair, safelite replace. ♪ helen knew exercise could help her diabetes. but she didn't know what was right for her. no. nope. no way. but then helen went from no to know.

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