BankThink

'Internet of Things' Raises Big Ethical Questions for Banks

01/29/16

The potential for more convergence between financial products and physical products raises a whole host of data and privacy issues that banks must deal with proactively.

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Morning Scan: Analysts Struggle on Oil Prices; Wells Fargo, U.S. Bank's Stadium Fight

01/29/16

Wall Street Journal

Equity analysts and economists have had a hard time predicting where the price of oil is heading. JPMorgan Chase's analysts have cut price forecasts twice in two months, with the latest prediction for Brent an average $31.50 per barrel in 2016. Previous estimates from JPMorgan were $51.50 back on Dec. 18, and $54.75 in October. Analysts from Credit Suisse Group and Citigroup have also repeatedly lowered their estimates to keep up with the...

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Presidential Candidates Court Economic Catastrophe with Fed Plan

01/28/16

Presidential candidates' arguments to stop the Federal Reserve from paying interest on banks' excess reserves betray a poor understanding of monetary policy and why the Fed began the practice. Here's why.

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Women in Banking: Boardrooms, Boys' Clubs and Talking Heads

01/28/16

People talk the talk, but women in the workplace are still advancing slowly. Why? A former Wall Street exec explains arbitration's role; B of A's Anne Finucane suggests it's a struggle to balance work and early parenthood.

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Morning Scan: Brokers Acquitted in Libor Case; BofA Big on Blockchain

01/28/16

Receiving Wide Coverage ...

Fed Holds Steady: In its first meeting of 2016, the Federal Open Market Committee chose to keep interest rates the same, as expected, but the central bank did not rule out future increases. The FOMC post-meeting statement conveyed concerns about global growth and the state of financial markets. To some observers, that indicates the Fed's view of the economy has worsened since it hiked rates in December, according to the New York...

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Bank Fintech Accelerators Are Destined to Die

01/28/16

Unless banks devote the same amount of investment as standalone incubators, the innovation labs launched by financial institutions will be a short-term fad.

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Winter Is Coming for the Banking Industry

01/27/16

The combination of falling stock prices, higher-risk strategies and signs of worsening credit quality does not bode well for the industry's road ahead.

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Compliance in 2016: More than Just Following Rules

01/27/16

Banks that prioritize structural changes in their compliance process will make risk frameworks more effective and sustainable over time.

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Morning Scan: SEC Targets Diversity; Blaming the Fed

01/27/16

Receiving Wide Coverage ... AIG's Restructuring Examined: American Insurance Group released its plans Tuesday for a corporate restructuring aimed at appeasing restless investors, but already critics have begun to poke holes in the plan. The insurer plans to separate its company into nine units that can be spun off at any time. It plans an initial public offering for its mortgage insurance unit and decided to create a legacy portfolio for non-strategic assets in a mannerÂ...

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We Can Reduce the GSEs' Risk Without Congress

01/26/16

In the absence of congressional action on housing finance reform, here is what the Federal Housing Finance Agency should do sooner rather than later.

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