BankThink

Morning Scan: Regulators Launch JPM 'Steering' Probe; Buffett Stands Up for Moynihan

09/09/15

Receiving Wide Coverage

Support for Moynihan: Warren Buffett is standing up for Brian Moynihan. Bank of America's chairman and chief executive is facing a shareholder vote later this month that could strip him of his chairmanship. Some shareholders are angry that B of A's board reversed a corporate bylaw (which shareholders had approved), to give Moynihan the additional title. Not Buffett. In a CNBC interview on Tuesday, Buffett said the disagreement with shareholders is "no big...

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Could a Smartphone Camera Topple Your Bank's Cybersecurity?

09/08/15

Visual hacking has emerged as a dangerously straightforward way to pierce banks' complex security systems. Here's how banks can ward off malevolent shoulder-surfers.

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Could a Smartphone Camera Pierce Your Bank's Cybersecurity?

09/08/15

Visual hacking has emerged as a dangerously straightforward way to pierce banks' complex security systems. Here's how banks can ward off malevolent shoulder-surfers.

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Five Things Bank Boards Can Do to Create Healthy Cultures

09/08/15

Regulators are insisting that bank boards take responsibility for corporate culture. That's no cause for alarm, so long as directors are prepared to take ownership of the issue.

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Morning Scan: B of A Fights Effort to Strip Moynihan; Bank Stocks Tank

09/08/15

Wall Street Journal

Bank of America is fighting back against the effort to strip CEO Brian Moynihan of his chairman title. The struggle between Moynihan and shareholder groups to keep the two roles separate isn't new; JPMorgan Chase's Jamie Dimon mounted a successful defense in 2013.

What makes Moynihan's situation different is how B of A handled it. Activist investors, proxy advisory firms and institutional investors like the California Public Employees' Retirement System want to yank the...

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Can Better Bank Data End Racial Disparities? Weekly Wrap

09/04/15

A recap of the informed opinions (and the discussions they generated) on BankThink this week, including demands for more transparency on banks' small-business lending and why the average American should care about the GSE investors lawsuit.

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Fannie-Freddie Lawsuit Should Matter to the Masses

09/04/15

Every consumer with a 401(k), retirement account or brokerage account ought to care about whether the government has the right to unilaterally amend a companyÂ's operating agreement.

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Morning Scan: Jobs Data Could Tip Scales on Rate Hike; Diversity in Tech

09/04/15

Editor's note: Morning Scan will not publish on Monday, Sept. 7 in observance of the Labor Day holiday. We'll be back on Tuesday, Sept. 8. Receiving Wide Coverage ...

A Very Important Jobs Report: Bankers are among the many holding their breath for Friday's job report, which is expected to play a big role in the Federal Reserve's decision about whether to begin raising interest rates in September. The latest numbers indicate the economy added 173,000 jobs...

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Regulators, Don't Drain Dark Pools

09/03/15

Dark pools have a bad reputation these days Â-- but they also reduce the transaction costs of large trades and help provide the market with liquidity. That's why regulators need to ensure these platforms fulfill their intended purpose instead of simply shutting them down.

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Women in Banking: Cover Girl Blythe Masters; Annie Leibovitz's Bank Ads

09/03/15

Blythe Masters talks up the blockchain in a magazine cover story, noted photographer Annie Leibovitz has been hired to shoot portraits of women and entrepreneurs as part of a bank marketing campaign; itÂ'll only be a mere 28 years for women to achieve boardroom parity; and we want to hear about outstanding millennials in banking please.

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