BankThink

Seven years after the onset of the housing crisis, many homeowners continue to face unfair and unnecessary foreclosures. Regulators can help remedy the situation by prioritizing greater transparency in mortgage relief and securing funding for housing counselors and legal advocates.

As mobile payments hit the mainstream, bankers should offer their customers a compelling proposition rather than wait for someone else to lure customers away.

Receiving Wide Coverage ...

Capital News? Deutsche Bank announced Sunday plans to raise $11 billion in capital by selling new stock to shareholders and the royal family of Qatar. The capital raise is intended to ease regulatory concerns about the German lender's ability to weather potential losses; its Tier 1 capital ratio would rise from its current 9.5% to 11.8%. But media coverage suggests that some investors may not be celebrating. Issuing 360 million new shares...

Receiving Wide Coverage ...

Suisse Justice: Credit Suisse is close to a $2.5 billion settlement deal with the Justice Department, according to anonymice who spoke with the Wall Street Journal. The Swiss bank would pay $1.7 billion to the Justice Department, $100 million to the Federal Reserve and $600 million to the New York State Department of Financial Services. The penalties for allegedly helping Americans dodge taxes strike some observers as a little low. "If Lawsky...

Today's harsh regulatory environment is sapping community banks of the time, money and staffers they previously dedicated to financial literacy efforts.