June 8, 2023

EP69: Banking System Explained - John Maxfield

EP69: Banking System Explained - John Maxfield

There is more to banking than keeping our money, so John Maxfield joins us today as we explore the banking world. Discover the true nature of banks and their significant impact on individuals, businesses, and the entire economy. Stay tuned to this fascinating episode!

Key Takeaways To Listen For

  • 11:46 The beginnings of the banking system and its operational mechanisms
  • 20:08 Peculiarities of banking and the the traits of bank CEOs
  • 34:10 Common misconceptions about bankers and the banking profession
  • 44:26 Current banking crisis: Why it’s happening and how to take advantage of it
  • 58:07 What you need to know about buying banks and investing today

 

Resources/Links Mentioned In This Episode

 

About John Maxfield 

John Maxfield is the Founder and President of Maxfield On Banks. He is a writer, editor, speaker, and interviewer focused on the banking industry. His work has appeared in USA Today, Time, Business Insider, AOL Daily Finance, the Houston Chronicle, Traffic Magazine, Bank Director magazine, and The Motley Fool, where John served as a senior banking specialist. John was formerly the editor-in-chief of Bank Director magazine, executive director of the Robert G. Wilmers Integrity Prize, named after the former CEO of M&T Bank Corp., and he has been a frequent guest on CNBC. 

John graduated from Lewis & Clark College with honors in economics and from Southern Methodist University’s Dedman School of Law cum laude with a juris doctorate, after which he served for a year as a judicial clerk in the Eastern District of Texas.

 

Connect with John

 

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