BankThink

CFPB Commission Hawks Just Want to Neuter Agency

03/29/16

Those criticizing the Consumer Financial Protection Bureau's governing structure object to the idea of a regulatory agency successfully protecting consumers and the public interest.

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How Regulators Can Truly Simplify Basel Capital Regime

03/29/16

The ambiguity over whether regulators favor risk sensitivity or simplicity in setting capital requirements does not help risk management efforts.

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Morning Scan: Deutsche's IT Overhaul; Lenders Push Parent Loans

03/29/16

Wall Street Journal The source of the so-called Â"bombshell that blew up Bear StearnsÂ" has finally come to light. Emails obtained by the Financial Crisis Inquiry Commission have answered the question of who tipped off CNBC reporter David Faber as to the ill health of Bear Stearns. On March 12, 2008, Faber famously asked Bear Stearns chief Alan Schwartz in an interview broadcast by the network to respond regarding reports that Goldman Sachs had refused toÂ...

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A Point of Clarification on Our Payday Loan Findings

03/28/16

Some of today's credit products and practices risk leaving consumers trapped in a cycle of debt.

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Read This If You Really Want to Break Up the Big Banks

03/28/16

Restrictions on bank ownership act as a de facto poison pill, discouraging potential activist investors from challenging underperforming bank managers. Ease those restrictions and the market will do its job.

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Morning Scan: Banks Target Home Equity; Bitcoin Rival Emerges

03/28/16

Wall Street Journal Banks have turned to home equity lines of credit as a means of counteracting a slowdown in refinancing and the continued depression of mortgage originations. In 2015, lenders loaned $156 billion to consumers through HELOCs, the highest amount since 2007 when the housing bubble burst and nearly a quarter higher than in 2014. And the average line of credit is also hitting new highs at $119,790, according to CoreLogic. The push for theseÂ...

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Four Visions of the Future of Identity

03/27/16

The way we verify people are who they say they are must evolve to reflect new technologies like peer-to-peer platforms and the Internet of Things and the ways millennials live and work.

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Women in Banking: Bakhshi, Alemany, Mooney All Make Headlines

03/24/16

Nandita Bakhshi and Ellen Alemany discuss strategy; Beth Mooney strikes a deal; a Lehman Sister recounts her experience as a woman at the top of Wall Street in its doomsday; and HSBC sets a goal to have equal gender representation in certain areas by 2020. Plus, some interesting research on equal pay for women, and good grief, Raymond Moore.

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Answers to These Four Questions Will Determine Online Lenders' Fate

03/24/16

Favorable economic factors wonÂ't last forever for lending startups. Here are the factors that will make or break nonbank lenders when market conditions get rockier.

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Morning Scan: Credit Suisse CEO Blindsided; A CIT Comeback?

03/24/16

Editor's note: Morning Scan will not publish on Friday, March 25 in observance of Good Friday. We'll be back on Monday, March 28. Receiving Wide Coverage ...

Blindsided: Credit Suisse chief executive Tidjane Thiam has said neither he nor his CFO were aware of the size of the bank's "positions in risky, illiquid segments," following a bad first quarter for trading that saw revenues fall 40%-45% (analysts' expectations were revenues would decline 37%). Apparently staff had concealed...

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