BankThink

Morning Scan: Greece Shutters Banks as Crisis Intensifies; Fintech's Many Fans

06/29/15

Receiving Wide Coverage ...

Greece Bank Shutdown: Greece has closed its banks for the next six days and imposed capital controls in an effort to avert financial panic as the country edges closer to a potential exit from the eurozone. Over the weekend, steady streams of depositors had already emptied many ATMs in Athens, according to the Wall Street Journal. The rapidly escalating Greek debt crisis rattled global markets Monday, with the S&P 500 on track...

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Small Banks Fight for Regulators' Attention: Weekly Wrap

06/26/15

A recap of the informed opinions (and the discussions they generated) on BankThink this week, including a proposal to regulate banks based on their activities rather than size and a plea for members of Congress to take action to help community banks.

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Why the Bitcoin Blockchain Beats Out Competitors

06/26/15

In order for a blockchain to succeed, it needs to be a public resource. That means few alternative blockchains are likely to achieve much traction outside a small niche.

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Morning Scan: Disparate Impact Survives; CFPB Unleashes Complaints

06/26/15

Receiving Wide Coverage ...

Disparate Impact Sticks Around: The Supreme Court backed the "disparate impact" legal theory yesterday in a decision that dashed the hopes of banks while buoying housing advocates and the Obama Administration. Justices came to a 5-4 decision affirming that plaintiffs can sue organizations under the Fair Housing Act of 1968 by alleging that their housing practices disproportionately impact minorities, even in the absence of proof of intentional discrimination. The New York Times...

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Lawmakers' Inaction Could Put Homeowners in Double Jeopardy

06/25/15

If Congress fails to extend the Mortgage Debt Forgiveness Relief Act, thousands of homeowners still suffering from the effects of the housing crisis could be forced to pay federal income tax on loan modifications or foreclosures.

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Morning Scan: Reputational Challenges; Home Loans Get Riskier

06/25/15

Receiving Wide Coverage ...

Regaining a Good Name ... Slowly: Americans trust banks more now than they did in 2012Â--but that's a pretty low bar to clear. Twenty-eight percent of people say they have a lot of confidence in banks, up from 21% the last time the survey was conducted three years ago, according to a June Gallup survey of 1,527 adults. While the American Bankers Association's blog appeared heartened by the improvement, other op-eds say...

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How Great Customer Service Is Really Delivered

06/25/15

Any company with committed leadership can deliver experiences that create value for customers, colleagues and shareholders, if they adopt these management practices, write Robert Schiff and Victor Liu.

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How a Great Customer Experience Is Really Delivered

06/25/15

Any company with committed leadership can deliver experiences that create value for customers, colleagues and shareholders, if they adopt these management practices, write Robert Schiff and Victor Liu.

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Women in Banking: Heidi Miller's New Gig; #TheNew10

06/24/15

Former JPMorgan Chase executive Heidi Miller was added to the board at M&A services provider SRS Acquiom. Before she retired, Miller was a fixture in American Banker's Most Powerful Women rankings from 2003 to 2010 and topped the list from 2007 to 2009.

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Women in Banking: #TheNew10; Heidi Miller's New Gig

06/24/15

Which woman would KeyCorp's Beth Mooney or Citi's Suni Harford put on the new $10 bill? See the top picks from some of our favorite women in banking.

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