BankThink

Policymakers Have Priorities Crossed on Private Capital for Housing

03/04/14

Policymakers should focus less on the government's retreat from the mortgage market and more on creating the kind of investment environment needed to attract significant private capital.

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In a Self-Service World, Human Interaction Is a Differentiator

03/04/14

No technology yet is as effective at initiating and/or strengthening real relationships as smiles, personal conversations and consultations are.

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Morning Scan: Banks Hit by Turmoil in Ukraine; More Bad News for Citi

03/04/14

Receiving Wide Coverage ...

Exposed: Turmoil in the Ukraine roiled global markets on Monday, with European and Russian bank stocks taking a hit. The Times reports global markets had calmed on Tuesday (no specifics on bank stocks mentioned), after Russian President Vladimir Putin said via news conference that he saw no need to use military force at the moment. However, investors tell the paper "confidence remains fragile Â... and the calm could quickly dissipate." The FT...

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Today's 'Young Money' Recruits Reminiscent of Yesterday's

03/03/14

What is different post-crisis is that the actions of a minority of bankers have saddled the finance sector with a greedy, ethics-challenged image that may hinder recruiting the best and brightest talent.

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For Bank Risk Manager, Two Wrongs Make a Mess

03/03/14

"It would have made a lot more sense to bring back Glass-Steagall," a pre-and-post crisis risk manager tells American Banker Editor in Chief Neil Weinberg, while discussing WashingtonÂ's Dodd-Frank solution.

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Morning Scan: PNC Subpoenaed; Citi Reports Fraud; The Future of Bitcoin

03/03/14

Breaking News This Morning ...

Subpoenaed: PNC Financial disclosed in a regulatory filing that it has received subpoenas from prosecutors over certain mortgage-lending practices. The bank has also received subpoenas from the Justice Department and Consumer Financial Protection Bureau about the return rate for its payment-processor clients. Wall Street Journal, Bloomberg Receiving Wide Coverage ... ...

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Weekly Wrap: Parsing the 'Bank Tax' Proposal; Life After Payday Loans

02/28/14

A recap of the informed opinions (and the discussions they generated) on BankThink this week.

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Servicers Still Fall Short in Communicating with Delinquent Borrowers

02/28/14

Consumers facing mortgage trouble want help and are looking everywhere for it. Paying close attention to where and how homeowners seek information is how the servicing industry will put itself on the fast track to a better reputation.

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Morning Scan: Yellen Talks Weather; Mt. Gox Files for Bankruptcy

02/28/14

Receiving Wide Coverage ...

Yellen on the Hill, Again: Federal Reserve Chair Janet Yellen appeared before the Senate Banking Committee Thursday. Here's what we learned from her second trip to the Hill as the central bank's leader: She watches the weather Â-- "I think it's clear the unseasonably cold weather has played some role in that," she told lawmakers when asked about a recent run of bad economic data Â-- and she's waiting to see what...

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Lessons from BBVA's Simple Acquisition: It's Time to Build Better Banks

02/28/14

Building simplified digital experiences, especially in financial services, is critical to institutional survival.

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