BankThink

Receiving Wide Coverage ...

U.S. Versus SAC, Tourre: Papers remain focused on the ongoing civil trial of former Goldman Sachs trader Fabrice Tourre and the expected insider trading criminal charges against hedge-fund giant SAC Capital Advisors, which could be filed any minute now. Dealbook's latest article on the SAC charges says "the marshaled might of law enforcement," which includes representatives from the Securities and Exchange Commission, the FBI, postal inspectors and the Justice Department, "signaled that...

Politicians who blindly supported restrictive AML guidelines now proclaim disgust as a global bank severs relationships with firms that send money to Somalia. But Barclays is merely exercising understandable caution.

The bank isn't just a place to store your money. It's a place to store your data under lock and key, but available to all those with permission to use it.

Until banks' RWA disclosures improve and become more uniform globally, capital ratios will remain a mystery to many journalists, investors, banks and even some supervisors.

Securing an economically and fiscally sensible approach to housing finance reform is taking a backseat to entrenched political views on both sides of the aisle.