BankThink

Morning Scan: Big Banks Take on Gender Gap; Debating Good Governance

09/30/15

Wall Street Journal

Big banks are ramping up efforts to retain and promote women leaders, the paper reports. The article takes a look at initiatives including a Citigroup symposium that brought together 50 senior women to discuss ways to improve gender diversity and Morgan Stanley's attempt to get more male managers involved in its development program for women at the vice president level. Whether these programs will successfully propel more women into the C-suite remains to...

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EMV Cards: the Beginning of the End for Hackers

09/29/15

Some critics argue that it's a bad idea to introduce chip cards without PIN requirements. But this debate is a distraction from the payments industry's robust and multifaceted efforts to fight cybercrime.

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Same-Day ACH No Silver Bullet for Business Payments

09/29/15

Nacha's same-day ACH payments are unlikely to improve business-to-business payments without additional tweaks. Other payment rails can also help put a solid infrastructure in place.

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Morning Scan: EMV Transition; Does PE Rush Foreclosures?

09/29/15

Receiving Wide Coverage ...

The Card Fraud Blame Game: The switch to chip-enabled cards should be pretty smooth for the average consumer, according to the New York Times. While it may be jarring to dip rather than swipe cards at retailers' payment terminals, the gesture should be old hat soon enough. The paper also raises the question of whether chip cards would be more effective at preventing fraud if customers were simultaneously required to enter four-digit...

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Negative Stereotypes Stifle Women's Banking Careers

09/28/15

Research suggests that women in male-dominated fields like banking and finance often worried about encountering gender stereotypes. This makes them less satisfied in their jobs and more likely to quit.

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How to Give Bank CEOs More Skin in the Game

09/28/15

Modified executive compensation plans can encourage bank chiefs to make prudent business decisions rather than chasing short-term profits.

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Morning Scan: New Probe; Regulating Bitcoin; Mortgage Deal Violations?

09/28/15

Receiving Wide Coverage ... Another Day, Another Probe: Swiss regulators are investigating whether seven banks worked together to manipulate precious-metals trading prices. The banks under investigation by the Swiss regulator WEKO are UBS, Julius Baer Group, Deutsche Bank, HSBC, Barclays, Morgan Stanley and Mitsui. Similar probes have already been put underway by U.S. and European Union regulators. Wall Street Journal, Bloomberg, Financial Times. Wall Street Journal Â...

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Are Interchange Fees Broken? Weekly Wrap

09/25/15

A recap of the informed opinions (and the discussions they generated) on BankThink this week, including how postal banking could help low-income people in the U.S. and the continuing debate over interchange fees.

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Women in Banking Special Edition: 'Most Powerful' Rankings for 2015

09/25/15

The rankings of the Most Powerful Women in Banking and Finance include some familiar faces (KeyCorp's Beth Mooney of course), but also plenty of newcomers (including U.S. Bancorp's Kathy Rogers, JPMorgan Chase's Thasunda Duckett and Wells Fargo's Yvette Hollingsworth Clark). We also look at efforts to bring more women into boardrooms and have an op-ed by the CEO of HSBC USA.

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Warring Ideologies Dash Small Banks' Hopes for Reg Relief

09/25/15

Politicians who support the idea of banking as a public utility may not be very concerned with the fate of community banks. Rather than say so directly, they gloss over the facts.

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