BankThink

Women in Banking: Working Moms, Helen Morrissey and Amy Domini

04/14/16

Wells Fargo plans to offer parental leave for the first time, and working moms in financial services report higher salaries but less family time than their peers in other industries. Newton Investment Management's Helena Morrissey spearheads a United Nations climate change initiative targeting women on boards and RBC's Linda Mantia experiments with using the blockchain to improve the customer experience. Also, Amy Domini, Ranjana Clark and Phyllis Borzi.

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Women in Banking: Working Moms, Helena Morrissey and Amy Domini

04/14/16

Wells Fargo plans to offer parental leave for the first time, and working moms in financial services report higher salaries but less family time than their peers in other industries. Newton Investment Management's Helena Morrissey spearheads a United Nations climate change initiative targeting women on boards and RBC's Linda Mantia experiments with using the blockchain to improve the customer experience. Also, Amy Domini, Ranjana Clark and Phyllis Borzi.

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CFPB's Payday Rule Poses Real Danger to Lenders

04/14/16

Rather than rush its proposal to regulate short-term lenders, the Consumer Financial Protection Bureau should carefully weigh the consequences of potentially driving lenders out of the market.

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Morning Scan: TBTF Debate Rages; B of A, Wells Report

04/14/16

Breaking News This Morning ... B of A Earnings Fall: Bank of America profits fell 13% in the first quarter on a decline in trading revenue and low interest rates. It reported income this morning of $2.68 billion, or 21 cents per share, beating analystsÂ' estimates by one cent. That was down from the $3.1 billion, or 25 cents a share, income it brought in the same quarter last year. New York Times Â...

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What Will Solve Unbanked Problem? Internet Access

04/14/16

To get more Americans into the financial system, the industry must find ways to help more people get access to the Internet.

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Bank Fees Are Too Damn Low

04/13/16

Retail banks must reinvent the way they charge consumers for their services at a time when institutions are struggling for profitability.

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FSOC Shouldn't Be Shocked a Judge Slammed SIFI Process

04/13/16

The decision blocking the Financial Stability Oversight Council's designation of MetLife was presaged in factual and legal arguments made by trade associations and others for more than five years.

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Morning Scan: Living Wills Rejected; Deutsche's N.C. Bypass

04/13/16

Breaking News This Morning ...

Judgment Day: Regulators have rejected the living wills of JPMorgan, Wells Fargo, Bank of America, BNY Mellon and State Street Bank. The Federal Reserve and Federal Deposit Insurance Corp. said they don't meet the standard outlined by Dodd Frank – that banks come up with a credible plan of action that would spare taxpayers from having to bail them out should they start to fail. The firms have until Oct. 1...

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Banks' Ancient Data Systems a Barrier to Digital Makeover

04/12/16

Before banks are truly integrated into the digital landscape, they must break down data silos and implement steps to make data more accurate and actionable.

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CFPB Payday Lending Rule Does Nothing to Help Underserved

04/12/16

The impending Consumer Financial Protection Bureau proposal will limit access to payday lending but it will not enable small-dollar lending alternatives for consumers.

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