Monday, July 2, 2007

Commerce Bank's Hill Proves Freewheeling Style Has Limits With Regulators

(Bloomberg) -- Commerce Bancorp Inc.'s Vernon Hill
strode through a new training center in Mount Laurel, New
Jersey, in January, past photos of women in red C-for-Commerce
costumes and TV screens showing hip-hop dancers in bank T-shirts
singing Commerce songs.

``The idea is to get you psyched up,'' said then-Chief
Executive Officer Hill, 61, passing a two-story waterfall. ``You
walk into this building, you're supposed to say `Wow!'''


Read more at Bloomberg Exclusive News

No comments: