BankThink

Credit Union Outhustles Big Rivals in Data Breach Damage Control

02/18/14

The head of a small Atlanta credit union used a negative situation, the Target data breach's impact on her customers, to score PR points. More big banks should think and act this creatively in crises.

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Make Multifamily the Starting Point for Housing Reform

02/18/14

Reforming the multifamily market will lead the way to a future housing finance system where private capital takes first-loss risk and uses ingenuity to responsibly serve all markets at all times.

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Skin in the Game Must Be Price of Lender Admission to FHLBs

02/18/14

Nonbank mortgage lenders want to significantly alter a time-tested formula with "membership-lite." Now is not the time to lessen the capital standards for Federal Home Loan Bank membership.

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Morning Scan: Bitcoin, Libor and George Orwell

02/18/14

Receiving Wide Coverage ... Bitcoin Update: The Journal looks at the woes of Mt. Gox. "The travails of Mt. Gox illustrate the convulsions of the bitcoin market as the first generation of companies trading the virtual currency face growing technical and security challenges." Columnist Francesco Guerrera notes, "After weeks marked by technological breakdowns, regulatory issues and general questions over its viability, bitcoin is in the midst of the worst crisis since it was proposed in aÂ...

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Weekly Wrap: Volcker Review; Postal Banking Remains Polarizing

02/14/14

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

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Why Malpractice Should Be a Concern for Bankers

02/14/14

In most states, the good-faith lending decisions made by bank officers and directors are protected from liability, even if the loans sour and the bank fails. But bankers and directors beware: you can still be sued for simple negligence.

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Morning Scan: A Frosty Economy; AIG's Cuts; Banks' Lost Clout

02/14/14

Receiving Wide Coverage ... Chilly Economy: The major papers celebrated Valentine's Day by focusing on love, the union of Comcast and Time Warner and Mother Nature's frosty gifts for all of us east of Pasadena. That said, after taking it all in, Scan is fretful about the economic picture. It would be nice to say cabin fever has put Scan and consumers in a funk, but retail sales fell more than expected in January after aÂ...

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Why More Small Banks Should Be on Social Media

02/13/14

There are plenty of reasons why small banks may be reluctant to amp up their social media presence. But this week's bad weather illustrates how these platforms can provide a real value-add.

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4 Things Banks Need to Know About FATCA in 2014

02/13/14

FATCA requirements affect a broad cross section of stakeholders and policies within financial institutions including, but not limited to, client onboarding, investment banking, documentation, treasury and collateral management.

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Morning Scan: First Volcker Reports Due in July. Scratch That, August. No, It's July, but with April Data

02/13/14

Receiving Wide Coverage ...

Fed Watch: The media honeymoon is definitely over for new Federal Reserve chief Janet Yellen. The Journal reports a potential conflict of interest created by her husband George Akerlof serving on the advisory board of an academic center funded by the Swiss bank UBS, which will soon come under closer Fed supervision. Meanwhile, the Post's Wonkblog says to watch Yellen's counterpart across the pond, Bank of England Governor Mark Carney, for clues...

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