BankThink

Overdraft Services Need Greater Oversight

10/14/13

Continued regulatory gaps in overdraft service put consumers at financial risk and potentially expose them to high, unexpected costs for little benefit.

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They May Be Underbanked, But They're Highly Networked

10/14/13

These financially underserved individuals are far from disconnected. They are actually more active users of mobile phones and social media than the population at large.

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Spotlight on Janet Yellen; Our Risk Doctor Teaches Congress a Lesson

10/11/13

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

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Congress Must Address Flaws in Flood Insurance Reform

10/11/13

A law intended to make the National Flood Insurance Program sustainable could force many owners out of their homes and hurt the housing recovery.

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Earnings Season Kicks Off; Default Fears Still Loom; The Former N.Y. Fed Examiner Who Dared Criticize Goldman (Hence 'Former,' She Says)

10/11/13

Breaking News This Morning ...

Earnings Season Kicks Off: JPMorgan and Wells Fargo reported third-quarter results this morning. A big theme this earnings season, according to the Journal's "Ahead of the Tape" column, will be the upward trajectory of long-term interest rates. That trend's bad for post-crisis profit boosters like mortgage refinancing and fixed-income trading, but generally positive in the long term for, you know, core banking. Receiving Wide Coverage ... ...

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A U.S. Default Is the Ultimate Systemic Risk

10/11/13

A lesson for Congress in liquidity risk and market contagion.

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Don't Undermine Liquidity for the Sake of Capital

10/10/13

Proposals for a supplemental leverage ratio would treat cash, and the safest cash-like assets, like any risky asset. This may discourage banks from keeping their current high levels of liquidity.

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U.S. Isolating Itself from Global Payments System

10/10/13

As the world accelerates toward faster and contactless payments, the U.S. has been reinforcing checks, avoiding global payments standards and pursuing closed-loop innovations that further isolate it.

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CFTC Rushes, Bungles Swap Market Reform; Industry Plays Along

10/10/13

With the CFTC on hiatus during the government shutdown, the industry should take the opportunity to consider the potential damage for a market that has become integral to banking.

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Hints at a Deal in Congress, But Fiscal Fallout Drags On

10/10/13

Receiving Wide Coverage ...

A Deal to Be Had? Finally? All eyes remain fixed on Washington this week, as patience wears thin and lawmakers try to come up with an agreement to end the government shutdown and avert the looming debt ceiling. Democrats and Republicans have so far refused to negotiate with one another, but signs of a deal may be starting to emerge. (The game of chicken can only go on so long before the...

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