BankThink

Morning Scan: Morgan Stanley Promotions, Q3 Earnings Could Dissapoint

10/02/15

Receiving Wide Coverage ...

Morgan Stanley Promotes Two: The investment bank has rewarded two of its star employees with big promotions, bringing them into the upper echelon of management, Financial Times reported. Edward Pick, who oversaw the resurgence of the bank's stock trading operations, is now global head of sales and trading. And Dan Simkowitz became the head of Morgan Stanley's investment-management division. The two men will also join the bank's operating committee. The Simkowitz move...

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Women in Banking: Deutsche's New Goals and the Leaky Pipeline

10/01/15

One woman on the all-male management board is not too much to ask, especially if it can take two years (or 20?) to get there, Deutsche Bank decides; Goldman, Morgan Stanley and Citi try mending their leaky pipeline, with some success (but sadly, 100 more years of this is what we're looking at, ladies); also get updates on Mary Jo White, Sallie Krawcheck and WomenCorporateDirectors.

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Simple Fixes for Banks' Biggest Sinkholes

10/01/15

Outdated and inefficient processes come at the cost of face time with customers and weigh banks down with unnecessary expenses. Here are some of the most common problems faced by the industry and ideas about how to fix them.

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Women Bankers Can Overcome Uneven Playing Field

10/01/15

As men and women in banking work toward achieving workplace equality for all, it's important to remember that women can also cultivate opportunities in their individual careers.

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Female Bankers Can Overcome Uneven Playing Field

10/01/15

As men and women in banking work toward achieving workplace equality for all, it's important to remember that women can also cultivate opportunities in their individual careers.

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Morning Scan: First Niagara Goes Chip-and-PIN; Student Loan Defaults Down

10/01/15

Wall Street Journal With the EMV liability shift to merchants going into effect Thursday, First Niagara Financial Group is bucking expectations and will roll out chip-enabled credit and debit cards that require customers to use a personal identification number rather than a signature. In the lead up to the liability shift, the card industry has chosen chip-and-signature as its standard, despite concerns that having the chip alone does little to curb card fraud. In instituting chip-and-PINÂ...

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Signature EMV: The Decaf Coffee of Consumer Protection

10/01/15

In updating cards with EMV technology, Visa and MasterCard have neglected an important element of what makes the security standard so successful elsewhere. The need for PIN verification is clear.

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Merchants Must Get on Same Page as Issuers for EMV to Work

10/01/15

Many card issuers are well on their way to the migration to chip cards or have a plan to do so. But many merchants are still completely unaware of the shift in fraud liability taking effect Thursday.

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CFPB Holds Banks to Double Standard on Deposit Discrepancies

09/30/15

The Fed's policy of not adjusting check discrepancies of less than $25 has been in place for many years. Banks should be permitted to establish similar deposit adjustment limits without fearing regulatory sanctions.

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How Bank Staffers' Quirks Drive Branch Success

09/30/15

Allowing branch employees to become personally involved in marketing and merchandising tends to make them more engaged as salespeople.

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