BankThink

The JPM Crackdown: Justified or Political Payback?

08/27/13

If regulators have concluded that the largest banks are "too big to manage," then let's confront that head-on. But let's not target a bank and drag it down piece by piece.

[more]

How Regulation Can Save Financial Innovation

08/27/13

History tells us that post-crisis reforms should increase confidence, but still allow regulated entities to innovate and prosper, all in support of a stronger economy.

[more]

Arrest in 'London Whale' Case; Online Payday Lender Quits Amid Regulatory Scrutiny

08/27/13

Breaking News This Morning ...

Arrest in 'London Whale' Case: Javier Martin-Artajo, former JPMorgan Chase employee and "London Whale" supervisor, was arrested Tuesday in Madrid after turning himself in to Spanish police. Martin-Artajo is one of two former JPM traders facing criminal charges filed by U.S. prosecutors over the bank's $6 billion trading debacle. Julien Grout, the other trader charged, has yet to be arrested. Wall Street Journal, Reuters Receiving Wide Coverage ... ...

[more]

Big Banks Benefit from Fed's Swipe Fee Appeal

08/27/13

The Federal Reserve appeal of a judge's decision invalidating its interchange fee cap forestalls the prospect of a substantial cut in bank’s debit card revenue.

[more]

RWA Beats Leverage in International Debate

08/26/13

The close vote, however, shows just how dissatisfied folks have become with the opaque and inconsistent RWA system.

[more]

Congress Should Repeal the Durbin Amendment

08/26/13

The recent court ruling on debit interchange fees should remind the payments industry how harmful the Durbin amendment is.

[more]

Forget Semantics - Focus on Improving Consumers' Financial Health

08/26/13

Consumers deserve the kinds of high quality, widely accessible savings, credit and payments products and experiences that are critical ingredients in the recipe for financial health.

[more]

Regulators Unwind Nasdaq's Shutdown

08/26/13

Receiving Wide Coverage ...

Nasdaq's Knock Out: Regulators and exchange officials continued digging up more information as to what caused Nasdaq's three-hour shutdown on Thursday. The Journal reports it was a two-minute window where rival electronic market NYSE Arca could not connect with the Nasdaq after numerous attempts, according to unnamed sources. But Robert Greifeld, the chief executive of the Nasdaq-OMX Group, says it was because the U.S. equity market is a "fragmented landscape," the FT...

[more]

The Meaning of 'Underbanked'; Bemoaning the Risks of Regulatory Overreach

08/23/13

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

[more]

Let's Embrace Basel's Higher Capital Buffers for Big Banks

08/23/13

It is time for the U.S. to take the lead in having the safest and soundest banks, rather than to strive toward the lowest common and detrimental denominator.

[more]