BankThink

U.S. Weighs Inquiry into Big Banks' Storage of Commodities

07/23/13

Receiving Wide Coverage ... Warehouse Probe: The Commodity Futures Trading Commission is examining the warehouse operations used by Goldman Sachs and others for the storage of aluminum that has inflated prices to consumers, the New York Times reports Tuesday. The operations were the subject of a Times story Sunday. The CFTC has told Goldman and other firms to hold on to internal documents and emails, hardly a good sign. The Journal weighs in, claiming banks have…

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The 'Long Tail' Model Is Coming to Banking

07/22/13

Banks must throw away their traditional thinking and acting like the newcomers in the business.

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How Banks Can Fill the Trust Deficit in the Digital Economy

07/22/13

Identity management and trust in the online world may be the new business of banking.

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'Consumer Mortgage Choice Act' Takes Away Consumers' Choices

07/22/13

Two new bills in Congress would undermine Dodd-Frank’s ability-to-repay rule and recreate incentives for lenders to steer families into high-risk, high-fee loans they do not understand and cannot afford.

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Banks Must Enter Businesses (Seemingly) Unrelated to Banking

07/22/13

The startup scene offers a glimpse into what the future of banking services will look like.

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Dodd-Frank at 3; UBS to Settle

07/22/13

Receiving Wide Coverage ... Happy Anniversary, Dodd-Frank: The Dodd-Frank Wall Street Reform and Consumer Protection Act was signed into law three years ago Sunday, and to mark the anniversary, the Washington Post reports on the progress of the financial regulation overhaul. "Federal watchdogs were tasked with writing 398 rules to flesh out the law, but they havemissed 62 percent of the deadlines set by Congress," the Post says. …

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Drowning in Data, Banks Must Learn to Surf

07/22/13

The bank of the future is a humanizing bank, where the focus is on relationships, intimacy, depth, and human connection – supported by technology.

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Envisioning the Future Model of Banking; Capital Debate Continues

07/19/13

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

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How Banks Can Escape the Fate of 'Dumb Pipes'

07/19/13

Innovations from nonbanks will need a platform to provide distribution and the ability to scale quickly. Smart bankers will partner with startups to provide together what neither could do alone.

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Solid Big Bank Earnings May Serve as Reform Catalyst; Congress Bids Bernanke Adieu

07/19/13

Receiving Wide Coverage ...

Here Come the Regulators: A few Times articles echo a sentiment the FT's Tom Braithwaite alluded to earlier this week: A healthy earnings season may serve as the go-ahead for more big bank regulation in the U.S. "In recent weeks, the Treasury Department, senior regulators and members of Congress have stepped up efforts intended to make the largest banks safer," a Dealbook article notes. "The banks have warned that more regulation could...

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