BankThink

Why State-by-State Fintech Oversight Doesn't Work

09/06/16

State regulators' resistance to the idea of a national fintech charter is not surprising, but state-by-state regulation imposes heavy burdens that reverse the cost savings and expanded reach available through fintech.

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Actual Change in De Novo Policy Proving Hard for FDIC

09/06/16

The Federal Deposit Insurance Corp.Â's recent statements encouraging new bank applications are promising, but some barriers to new charters may remain inside the FDIC and we are still waiting for the first de novo of 2016.

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Morning Scan: Barclays Adds Another JPM Alum; PayPal/MasterCard Deal

09/06/16

Receiving Wide Coverage ...

Barclays expands team: Tim Throsby, JPMorgan's global head of equities, is moving toBarclays as head of its corporate and international division and chief executive of its corporate and investment bank. He is the latest JPM executive to join CEO James E. Staley, himself a former JPM veteran, at the British bank. Previous JPMorgan hires include Paul Compton, who was named Barclays group chief operating officer in February, and CS Venkatakrishnan, Barclays' new...

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Regulators' Down Payment Disconnect Puts Strain on Homeownership

09/02/16

Regulatory infighting over bond loans offered by down payment assistance programs has the potential to curtail lending to first-time buyers and do real damage to homeownership.

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Fees Meant to Shield GSEs from Risk Are Hurting Homebuyers

09/02/16

Fannie Mae and Freddie Mac can still manage their risk exposure even after reducing or eliminating "loan level price adjustment" fees.

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Morning Scan: Banks May Sue Over Stress Tests; JPM in China

09/02/16

Editor's note: Morning Scan will not publish on Monday, Sept. 5 in observance of Labor Day. We'll be back on Tuesday, Sept. 6. Wall Street Journal

Stressed out: Bank trade groups are mulling whether to sue the Federal Reserve to challenge the methodology it uses to perform its annual stress tests on financial institutions. Some banks believe the Fed is violating the Administrative Procedure Act by not allowing public input into the test, including from the banks...

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Women in Banking: Tackling the Gender Gap, Inside and Out

09/01/16

Wells Fargo has worked toward achieving gender diversity internally, now it's courting women-owned businesses. Sallie Krawcheck says if organizations wanted to fix the gender pay gap, they could Â-- easily. Meanwhile in Silicon Valley, the majors are promising to pay their male and female employees equally, and Accenture finds women on boards are twice as likely to have the right technology experience for a company as their male counterparts.

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Take Millennials' Stated Banking Preferences with Grain of Salt

09/01/16

The inconsistency between what millennials say on surveys and their actual behavior should make bank marketers skeptical about building programs around such research.

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There Is No Such Thing as 'Overbanked'

09/01/16

The suggestion that any area has too many local institutions dismisses the importance of community banks and overlooks the dangerous effects of consolidation.

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Morning Scan: Deutsche Bank Weighs Future; Kanas to Retire

09/01/16

Receiving Wide Coverage ... Call for consolidation: Deutsche Bank CEO John Cryan called for more consolidation in the profit-challenged European banking industry, just after a German magazine reported the bank had considered amd rejected a bid for rival Commerzbank. "It is undeniable that Europe's banks are stuck in a fundamental dilemma," he said in remarks prepared for delivery at a conference in Frankfurt. "We have become significantly more secure since the financial crisis. We maintain moreÂ...

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