BankThink

Customers affected by cyberattacks frequently direct their wrath at financial institutions, whether or not a bank is responsible for the breach. Therefore banks need to have a strategic communications strategy in place.

Receiving Wide Coverage ...

Low Energy: The fizzling energy market will get a lot of attention this earnings season as nervous shareholders question banks about their exposure, according to the New York Times. The paper suggests banks gird themselves for defaults in the wake of falling oil prices. On the upside, Wells Fargo chief John Stumpf says lower oil prices are a boon for consumer lending: people who spend less at the gas pump will have...

Financial institutions need to have good digital offerings, but they also need to find ways to stand out from the crowd. That's why branches will remain a crucial home base.

Receiving Wide Coverage ...

Quitting Time: Standard Chartered is getting out of the institutional equities business, and analysts seem to agree the U.K.-based bank is making the right call. Its equity sales and research units was "unprofitable," according to the papers, and shutting them down will save the bank $100 million. Investors have been calling on Standard Chartered to restructure in order to boost earnings; the Financial Times' Lex team suggests that paring down the bank's...

The ideal digital bank would respect customers' privacy and relate to them as human beings while offering an array of simple, easy-to-use mobile and online apps.