BankThink

Congress Must Build a Better CFPB

07/15/13

A bipartisan commission, in lieu of a director, would encourage internal deliberation and constrain the CFPB’s ability to make politically-motivated or ill-informed decisions.

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Full Frontal Banking

07/15/13

Future banking will feel more like a medical relationship, serving customers with the intimacy and attention of the family doctor. This will require a Hippocratic-oath level of trust.

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Introducing a New Series

07/15/13

What products and services will tomorrow's banks offer that truly add value and that customers will be willing, even happy, to pay for? We asked contributors to think big and broad.

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Decoding JPM, Wells Earnings; Goldman Trader Trial; Glass-Steagall 2

07/15/13

Breaking News This Morning ...

Citi Earnings: Citigroup profit rose 42% in the second quarter, due, in part, to cost-cutting and growth in emerging markets. Wall Street Journal, New York Times, American Banker Receiving Wide Coverage ...

JPM, Wells Earnings Post-Script: Second-quarter earnings for JPMorgan Chase and Wells Fargo looked pretty good, but earnings season has been marred by interest-rate worries, particularly among bank execs. Still, the Journal's Heard on the Street column argues that big banks like...

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Pretty Soon We'll Be on Basel IV; Reverse Mortgage Rebuttals

07/12/13

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

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Investors Must Look Beyond Banks' Capital Ratios

07/12/13

Inconsistent calculations and disclosures usually make it impossible for investors to distinguish differences in credit risk from differences in measurement practices when comparing banks.

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JPM, Wells Kick Off Bank Earnings; GOP's Housing Plan; A Return to Glass-Steagall?

07/12/13

Breaking News This Morning ...

JPM Earnings: JPMorgan Chase's profit rose by 31% in the second quarter, thanks, in part, to gains in its investment banking business. Wall Street Journal, New York Times, Bloomberg

Wells Fargo Earnings: Wells Fargo's profit rose by 19% in the second quarter, despite rising interest rates in the mortgage market. Wall Street Journal, New York Times Receiving Wide Coverage ... ...

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Cumulative Preferred Stock Should Be Part of Tier 1 Capital

07/11/13

While the Federal Reserve’s exclusion of trust-preferred stock from Tier 1 capital is understandable, an analysis shows cumulative preferred stock can absorb losses at times of distress.

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Banks' Model Risk Worse than Ever, Thanks to Basel III

07/11/13

Applying the latest statistical techniques to measure operational risks lulls us into a false sense of analytic security and desensitizes management to the important qualitative aspects of controlling such exposures.

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Corker-Warner: A Great Starting Point in GSE Reform Debate

07/11/13

The bill may be a bridge between the advocates of a purely private market and those who favor some role for the federal government in housing.

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