When I become eyewateringly rich, I'm going to start a nonprofit retail bank. We're going to pay WAY under the market rate for salaries, have no shareholders and instead of profit we're going to give rates of interest on savings accounts WAY over the market rate, and give out loans at WAY under the market rate.
We'll attract talent through my own devastating personal charisma, and by offering people the chance to really really piss off the people working at the proper banks.
I'll make sure to do a Show HN post when it's sorted. See you there!
The good jobs aren't in retail banking. Take a look at Tescos banking plans, btw. And good luck giving loans way under market rate. That worked out great last time. (See: Everyone, everywhere, ca. first half last decade).
We'll attract talent through my own devastating personal charisma, and by offering people the chance to really really piss off the people working at the proper banks.
I'll make sure to do a Show HN post when it's sorted. See you there!