BankThink

Receiving Wide Coverage ... China's Banking Woes: Multiple stories this morning touch on concerns about China's banks, and not just about credit quality. Finishing up a two-part series about China's banking sector, the Journal reported the growing risk from banks selling bonds to raise cash. China had tried to limit its currency supply in June to constrain funding for "shadow banks", but that created the "unintended consequence" of banks "scrambling for cash. The bond market was…

The latest municipal attempt to seize underwater mortgages by eminent domain is an abuse of this most awesome governmental power.

Receiving Wide Coverage ...

It's Official: In a widely expected announcement, prosecutors formally charged Javier Martin-Artajo and Julien Grout for their actions to allegedly try to hide JPMorgan Chase losses stemming from the disastrous "London Whale" trades last year. But in addition to the straight news reporting by the Journal, Times, FT and Washington Post, three of the papers also dug into the details around how Bruno Iksil — the London Whale himself — avoided prosecution...

The Occupy Wall Street protests a few years ago set the stage for the coming return of fair-lending gadflies like the "mother of CRA," Gale Cincotta.

Declining interchange revenue translates into consumers paying more for the products and services (that in many instances were once free), with no corresponding decrease in retailer prices.