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