BankThink

Morning Scan: Deutsche Scales Back; When Bank Taxes Backfire

04/27/15

Receiving Wide Coverage ...

Deutsche to Slim Down: Deutsche Bank plans to get smaller and simpler. The German lender unveiled a wide-ranging strategy aimed at improving profitability and capital ratios Monday, including plans to winnow down its investment banking and retail businesses. Deutsche will also aim to shed another $3.8 billion in expenses and focus on bolstering its transaction banking, asset and wealth management operations. It also announced on Friday plans to get rid of its...

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Bloggers Belittle Women's Achievements in Bitcoin

04/24/15

Using scant evidence of women's participation in the digital currency industry to foreshadow Bitcoin's demise is not only erroneous, but also impertinent. Though the number of women in Bitcoin may be small, the collective impact of their achievements is unmistakably great.

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Who's to Blame for the Derisking Debacle? Weekly Wrap

04/24/15

A recap of the informed opinions (and the discussions they generated) on BankThink this week, including thoughts on derisking, biometric technology and Paul VolckerÂ's proposal to reform the regulatory system.

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Banks Should Weigh Customers' Risk on Case-by-Case Basis

04/24/15

In light of a recent op-ed about pawnbrokers denied banking services, it's worth reiterating that the FDIC encourages banks to assess individual businesses for risk rather than declining to provide services to entire categories of customers.

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FDIC Responds: Banks Must Manage Client Risk on Case-by-Case Basis

04/24/15

In light of a recent op-ed about pawnbrokers denied banking services, it's worth reiterating that the FDIC encourages banks to assess individual businesses for risk rather than declining to provide services to entire categories of customers.

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Morning Scan: Deutsche's Delay Tactics; How to Fix Student Loans

04/24/15

Receiving Wide Coverage ... Sarao's Side of the Story: The London trader accused of triggering the May 2010 stock market "flash crash" denies plotting to manipulate prices by placing and canceling large orders. Navinder Sarao says in past but newly released emails with the British conduct authority that he simply relied on cat-like reflexes to make his moves. He says he might cancel an order because of "a move in one of the other markets thatÂ...

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Biometric Data Without the Big-Brother Angst

04/23/15

Banks that use biometric technology should remember to take client and employee privacy concerns seriously. After all, banks have a duty to protect personal information and prevent its potential misuse.

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Dubious Regulators Need to See Compliance Burden for Themselves

04/23/15

Banking regulators will never conclude that regulation is actually hurting community banks until they study the issue and come to that conclusion on their own.

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Morning Scan: BofA Appeals 'Hustle' Ruling; The Hazards of Spoofing

04/23/15

Receiving Wide Coverage ...

Deutsche Nears Libor Deal: Deutsche Bank is expected to announce a $2.15 billion settlement with U.S. and British regulators over Libor rate-rigging charges, according to the papers. That would be the highest fine faced by any bank in relation to the Libor scandal so far. What makes Deutsche so special? New York's Department of Financial Services is involved in the deal, driving up the penalty, according to the Financial Times. The Wall...

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What Advisory Boards Can Do for Your Bank

04/22/15

With good planning, advisory boards can increase a bank's visibility, credibility and sales.

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