BankThink

The central bank's "total loss absorbing capacity" proposal must be reworked to ensure that costs of huge failures don't fall on society at large.

Receiving Wide Coverage…

All Eyes on the Fed: Today's the day. Observers expect an announcement at the close of the Federal Reserve's Federal Open Market Committee meeting that will end the era of zero interest rates. The experiment with zero interest rates has neither been a complete disaster nor caused huge leaps in economic growth, the Wall Street Journal comments. But changing a not-entirely-successful policy has its own risks, of course. Raising interest rates isn't as...

Fed's Challenges Go Beyond When to Raise Rates
The recent ineffectiveness of Federal Reserve monetary policy and macroprudential rules begs the question whether the Fed needs to revise recent bank regulations, its own mission or both.

For an industry on the precipice of redefining what a bank is and does, there's a disturbing absence of effort to welcome more women.

Rate Hike Winners and Losers: With a rate hike announcement seen as all but inevitable by week's end, attention has focused on who will win and who will lose when interest rates rise. The obvious winners in the Wall Street Journal's book? Asset managers and online brokers. As an example, the paper points to Charles Schwab. While the company makes a great deal of its money in trading commissions, for the first three quarters of...