BankThink

How Mortgage Markets Can Price Risk Efficiently

10/22/13

Higher capital requirements for federal mortgage lenders, more stringent QM and QRM requirements for borrowers and a heightened reliance on private markets will help keep taxpayers from paying for future bailouts.

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Individuals Named in British Libor Investigation

10/22/13

Receiving Wide Coverage ...

Naming Names: British authorities have identified almost two dozen individuals at banks as possible co-conspirators in a probe into the manipulation of the London Interbank Offered Rate. The Serious Fraud Office notified the individuals last week that they had been included in court papers related to a case against Tom Hayes, a former trader at UBS and Citigroup. High Court justice Jeremy Cooke also lifted an order from last week that barred...

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How CFPB Rule Will Impede Remittances to War-Torn Nations

10/21/13

It’s almost impossible to disclose the exact amount of third-party fees that will be charged for delivering money when those third parties may include a village council or military authority.

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Let Customers Dictate the Path to Branch Transformation

10/21/13

Customers want to bank in the most convenient way for them. Banks don’t need to close their branches necessarily, but they certainly must transform them to address this fundamental shift in behavior.

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JPM's Tentative Settlement; FHFA Targets B of A

10/21/13

Receiving Wide Coverage ...

JPMorgan Chase's Deal: Over the weekend the country's largest financial institution reached a tentative $13 billion settlement with the Justice Department over the bank's questionable mortgage practices. But despite the record penalty, the bank's board is standing firmly behind its chief executive Jamie Dimon, whose role in negotiating the settlement only seemed to cement the board's support. A phone call by Dimon to a top deputy of Attorney General Eric Holder ahead...

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Lawsky vs. Tribal Lenders; Who Should Be the Moral Police?

10/18/13

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

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Where Wrongdoing Still Thrives on Wall Street

10/18/13

Over the past few years, Wall Street’s collapse has led to a crackdown that’s put many wrongful practices off limits, but it remains a place where a lot of very bad behavior continues to take place out in the open.

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Time for Banks to Rethink Investment Portfolios

10/18/13

As the Fed contemplates ending QE3, banks will need to look beyond government debt and mortgage-backed securities to generate returns.

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Fed to Taper in December at the Earliest; HSBC to Fight $2.5B Fine

10/18/13

Breaking News This Morning ... Earnings: First Horizon, First Niagara, General Electric, SunTrust, Morgan Stanley Receiving Wide Coverage ... Taper Timetable: December now looks like the earliest the Fed will begin to scale back its purchases of mortgage-backed and Treasury securities. It's unlikely to do so at the policy meeting at the end of this month. "Fed officials have said the decision depends on how the economic data evolve, but the data won't be very illuminating into November…

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Lawsky Should Leave Tribal Lending Alone

10/17/13

Even if these loans did harm consumers – doubtful as they were freely entered into – the harm would appear quite minor compared to that which has been repeatedly imposed upon the U.S. Native American population.

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