BankThink

Morning Scan: Goldman's Good Deal; U.S. Banks Fear Brexit

04/12/16

Receiving Wide Coverage ... Devil's in the Details: Goldman Sachs has agreed to a $5.1 billion settlement to end the investigation into its role in the mortgage bubble and financial crisis. The FT says the deal failed to satisfy critics, citing one that called it Â"more of the same non-punishment, non-accountability ritualÂ" and said the bank should publicly disclose its profits and total investor losses from its misconduct. A look at the fine print of theÂ...

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Three Steps to a Bank's API Success

04/11/16

It's easy to get lost in the technological complexity of "application programming interfaces," but banks need to stay focused on improving business and customer outcomes, which is the ultimate goal.

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Is Basel's Long-Term Liquidity Standard Still Necessary?

04/11/16

Several years after regulators began developing the "net stable funding ratio," there is good reason to ask if its utility has been eclipsed by other liquidity-related rules.

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Fintech Regs Can Be Imperfect, as Long as They're Consistent

04/08/16

Federal rules for technology-based firms providing the fast-moving sector certainty and consistency would be a benefit, even if rules are suboptimal.

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Offshore Account Spotlight Will Only Heighten AML Compliance Issues

04/08/16

Banks should prepare for renewed scrutiny of their anti-money-laundering efforts in the wake of the headline-grabbing leak of the Panama Papers.

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Women in Banking: Goldman's Golden Girl; Hollywood Calls Out Wall Street

04/07/16

How an undocumented immigrant rose through the ranks at Goldman Sachs; why one bank embraced a highly unusual strategy (and why you may want to copy it); and what Ally Bank's Diane Morais and Bank of America's Andrea Smith are up to now. Also, a pot (Hollywood) calls out a kettle (Wall Street) for a lack of women in leadership roles, and a high demand for airline pilots could make for more female-friendly skies.

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Fintech Shouldn't Have EZ Pass into Banking

04/07/16

Regulators and lawmakers must exercise healthy caution before granting fintech firms preemptive powers via national bank charters or otherwise.

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How Regulators Can Fight De-Risking

04/07/16

As actions such as Operation Choke Point continue, the government should acknowledge the tension institutions face between serving a community and facing increased regulatory scrutiny.

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Morning Scan: Citi's Bonus Plan Criticized; FOMC Minutes Suggest Caution

04/07/16

Receiving Wide Coverage ... Just Compensation?: Despite announcing planned changes to its executive pay scale, including capping incentive compensation, some corporate advisory firms say Citigroup isn't changing enough. Under CitiÂ's prior plan on performance-based awards, executive could earn more if Citi outperformed its peers, even if absolute shareholder returns were negative. Citi on Wednesday announced an update on that essentially says executives canÂ't earn bonuses if shareholders returns are negative, regardless of how well the bankÂ...

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