Local banks are producing returns that rival multinationals - May 14, 2007
The return of Ma & Pa Banker
From the mountains to the prairies, local banks are producing returns that make the multinationals envious. Fortune's Matthew Boyle reviews the balance sheets.
(Fortune Magazine) -- Walking through the Mirage Casino in Las Vegas, Kit Cheung could easily be mistaken for a whale on a baccarat bender. But while Cheung is placing a big bet in this town - $25 million, in fact - he's not doing so on the Strip. To see where Cheung has stacked his chips, he ushers me out of the casino and into his white Acura RL, arguably the least flashy of the seven cars he owns. He drives a few blocks west of the Strip and turns onto Spring Mountain Road, the city's rapidly growing Chinatown.
(Matthew Boyle- Fortune/ CNNMoney. com)
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