BankThink

Many Battles Ahead for JPM; TD Pays; Citi Cuts

09/24/13

Receiving Wide Coverage ...

Bigger Battles Ahead: The Times and the FT warn that JPMorgan Chase, which agreed last week to pay $1 billion to settle a range of government inquiries and investigations, may still have bigger battles ahead of it, including a potential lawsuit in California, where federal prosecutors are looking into details of mortgage securities sales conducted in the run-up to the financial crisis. The case is expected to come as soon as today,...

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Tech Drives New Opportunities for Women, Banks

09/24/13

To succeed today, financial firms need to encourage female employees to take the right kind of risks, such as trying new innovations to serve clients.

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Are We on Our Way to Basel IV?

09/23/13

Despite Basel III's shortcomings, I have yet to hear of a better solution than combining risk-weighted assets with a strong leverage ratio. Both require uniform guidelines for banks and disclosure.

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5 Years On, Banking Regulations Made Things Better-And Worse

09/23/13

There’s no question that that banking industry owes a solid to government policymakers for bailing them out of the crisis. What’s still much in dispute is whether the Dodd-Frank Act and the various other salves that have been applied to stave off another calamity will work as intended.

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Alchemy of Bank Loan Loss Reserving Remains Under FASB Proposal

09/23/13

Moving to an expected-loss framework would be a step in the right direction but entails a great deal of subjectivity, model risk and confusion for investors trying to compare institutions.

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The Keys to Success: Hard Work, Drive and a Good Mentor

09/23/13

We need to encourage women to disrupt the status quo and take jobs in uncharted territory, like those in risk management, social media, mobile banking and big data analytics.

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Fed Watchers Focus on Janet Yellen

09/23/13

Receiving Wide Coverage ...

All Over But for the Yellen: A new conventional wisdom has congealed in the week since Larry Summers withdrew his name from consideration: that Janet Yellen will be nominated to take the helm of the Fed. Yellen's seeming momentum was reinforced by a Wall Street Journal report that the White House is urging Democratic senators to defend her against potential attacks. Further feeding the Yellen surge: dueling profiles in the Journal and...

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Tougher Leverage Ratio Will Force $200B Capital Raise

09/23/13

A study by The Clearing House Association found that a proposed leverage ratio would force banks to raise $200 billion in capital or shed roughly $3.7 trillion in assets. The study also found that the leverage ratio would be a binding capital rule for two-thirds of big-bank assets.

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Lawmakers Stump for Reform; Women Reflect on Banking Careers

09/20/13

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

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Banks Can No Longer Leave Policy Risks to Chance

09/20/13

The Federal Reserve Board now demands that big banks proactively manage reputational, strategic and compliance risks – qualitative things they traditionally viewed as outside their control. The new discipline will serve banks well.

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