BankThink

In focusing on private blockchains, banks make the same mistake companies made in the nineties when they favored private information networks over the open protocols of the Internet.

Hailed as a space- and cost-saver, interactive video teller machines don't always succeed as a strategy. Many banks offer them without a clear business case to justify the investment.

Receiving Wide Coverage ...

Wall Street's Bonus Bummer: 2015 was a disappointing year for Wall Street employees expecting bigger bonuses. The average bonus paid in the securities industry dropped to $146,200, its lowest level since 2012 and 9% off the previous year's average, according to a report from New York State Comptroller Thomas P. DiNapoli. The bonus pool itself contracted 6%, to $25 billion. This occurred despite a modest 2.7% rise in employment in the sector,...

Having banks hold fortress balance sheets and be limited to traditional intermediation would require giving them monopoly status over certain products.

Tech giants like Intel and Apple are doing more business with women- and minority- owned underwriters; Christine Lagarde has five more years at the IMF; and why Lehman Sisters might not have failed. Plus, are girls getting a bad rap from dictionaries and bad counsel from parents?