John Maxfield from "Maxfield on Banks" stops by the show. John is a wealth of knowledge and has an entertaining personality. Bill and John cover a lot of ground.
John discusses the history and dynamics of banking, including the unique supply and demand of credit, traits of successful bankers, and the impact of historical tragedies on banker psychology. The episode also covers stories of notable bankers and failures, the free banking era, liquidity surges, and banking crises. John also delves into modern banking dynamics, including the rise of private credit, and shares insights from his extensive research and personal experiences with top bankers.
Additionally, John talks about his elite banking symposium and unique forms of networking and learning in the banking sector. You can find John's past symposiums here: https://www.thebankingsymposium.com/)
And his archive on https://www.maxfieldonbanks.com/)
Show Notes: 00:00 Welcome to the Business Brew
01:23 Introducing John Maxfield
01:54 The Art of Banking
02:28 The Common Traits of Great Bankers
16:22 Historical Perspectives on Banking
20:16 The Free Banking Era
25:03 Modern Banking Challenges and Innovations
41:04 The Beale Model and Banking Risks
41:45 Factoring Company Acquisition
43:14 Blockchain in Trucking Industry
44:03 Building a Competitive Network
50:51 Banking Failures and Historical Insights
56:08 The Role of AI in Banking Research
01:00:48 Personal Stories and Networking
01:05:45 Citigroup's Complexities and Global Role
01:10:55 Elite Banking Symposium
01:15:51 Final Thoughts and Farewell