BankThink

How Banks Can Help Young Homebuyers Manage Student Debt

09/10/14

More millennials could become homeowners if banks educate them about private student loan refinancing options and programs that can help them obtain affordable mortgages.

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Why Banks Should Temper Their Growth Ambitions, in One Chart

09/10/14

Modest bank asset growth is a reality. That needn't be a bad thing for bank stock prices, but operating strategies that try to fight it might be.

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Morning Scan: Apple Jumps into Payments; Senate Talks Tough

09/10/14

Receiving Wide Coverage ...

Paying with Apple: He may not be egotistical like Steve Jobs was, but Tim Cook at least took a stab at making a huge boastful statement. "We've created an entirely new payment process" Cook, Apple's CEO, said at the launch of the iPhone 6 on Tuesday. This statement was made notwithstanding the fact that many of the iPhone's new payments features have already been introduced by others. The new iPhone will be...

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Why Banks Face a Risk Management Talent Shortage

09/09/14

A lack of formal training programs and insufficient financial and career incentives limit the availability of skilled risk managers.

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The Simple Fix for the Repo Market

09/09/14

The best way to prevent the repo market from freezing up in a future crisis is to require broker-dealers to use Treasury securities as collateral.

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Morning Scan: Higher Capital Requirements Coming from Fed; Home Depot Breached

09/09/14

Receiving Wide Coverage ...

More Capital Needed: Fed Chair Janet Yellen has pushed for higher capital requirements for SIFIs, and details of the Fed's plans in that area are to be released Tuesday at a Senate Banking Committee hearing, the Wall Street Journal reports. Some larger banks could face a levy as high as 4.5%, as the Fed is looking for a capital surcharge as much as two percentage points higher than the 2.5% maximum in...

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Big Banks Headed Straight for Another Bailout

09/08/14

Dodd-Frank has failed to solve the too big to fail problem, according to consultant J.V. Rizzi Â-- and some of the best solutions, like breaking up the banks, are also the most unlikely.

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How Issuers Can Get Fair Lending Compliance Right

09/08/14

A recent study suggests that credit card issuers' marketing practices show evidence of racial bias. The good news is that self-tests can help lenders fix fair lending compliance issues, according to Rich Walker of the Winterberry Group.

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Morning Scan: Big Banks' New Legal Front: Derivatives; Union Bank's Aspirations

09/08/14

Wall Street Journal

The Fed's giant stash of assets is the equivalent of a semipermanent sovereign wealth fund, argues David Malpass, a deputy assistant Treasury secretary in the Reagan administration, in a Journal op-ed. It's one of the "world's largest and most leveraged bond portfolios, taking massive interest-rate risks." Malpass says the Fed should be coerced into establishing a "clear portfolio wind-down process" to allow it to concentrate on monetary and regulatory policy. Financial Times ...

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The Real Reason Bankers Oppose Credit Unions' Tax Exemption

09/05/14

Bankers criticize credit unions' tax-exempt status because they fear they are losing ground to member-owned financial cooperatives, writes the Credit Union National Association's Bill Hampel.

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