BankThink

Banking Is Still a Great Career Choice

08/13/13

Banking has lost its recruiting luster at a critical time. To attract the best, the industry must regain people’s trust.

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Stress-Testing, the IMF Way

08/13/13

For fans of stress-testing, the IMF has a new primer on what it takes to make one credible.

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Derivative Clearing Houses Shouldn't Be Too Big to Fail, Either

08/13/13

As they push to have over-the-counter derivatives cleared with central counterparties, regulators must not let these clearing houses become systemic risks themselves.

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Why Payday Loans are Good for Millions of People

08/13/13

I applaud the government's efforts to weed out bad actors but I'm deeply concerned about the unintended consequences this could have on much needed financial services for underbanked people.

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Commodities Arms Still Draw Attention; NY Sues Payday Lender

08/13/13

Receiving Wide Coverage ...

Probe of Banks' Commodities Role: It is apparently not enough that banks are winding down some of their commodities operations to evade scrutiny over alleged price manipulation. It was widely reported Monday that the Commodity Futures Trading Commission issued subpoenas to institutions with subsidiaries that store and deliver aluminum, seeking documents as part of an investigation. "The subpoenas come," according to the Wall Street Journal, "amid heightened scrutiny of Wall Street's involvement...

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Why JPMorgan's Regulatory Fixes May Fall Short

08/12/13

Faced with a litany of legal and regulatory woes, JPMorgan Chase has vowed to minimize wrongdoing and tighten internal controls. But with financial incentives unchanged and regulators on the warpath, virtuous talk may not be enough to prevent more troubles.

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Where in the World Are the London Whale Traders?

08/12/13

Receiving Wide Coverage ...

Where in the World are the London Whale Traders? The latest developments in the London Whale investigation may not make for a catchy a cappella tune, but the timing of a grand jury indictment and possible charges against the JPMorgan [JPM] traders at the focus of federal authorities' criminal investigation may hinge on the whereabouts of Javier Martin-Artajo and Julien Grout. ...

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A Simpler, Gentler Basel?

08/12/13

International regulators concede capital rules are too complex.

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Swipe Fee Battle Rages On; Regulation vs. Innovation; Do Bank Mergers Work?

08/09/13

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

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Why Bank M&A Is Good for Buyers, Sellers and the Economy

08/09/13

Consolidation is needed to help the economy because there are too many banks, argues the author, a longtime bank investor. Many parties benefit from deals, and any return for the seller is better than producing poor results or being seized by regulators.

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