BankThink

Receiving Wide Coverage ...

Failed-Bank Fallout: D&O insurance premiums are way up for small banks as the FDIC goes after former executives of failed institutions, the Journal reports. Meanwhile, the FDIC has kept quiet about "scores" of settlements in failed-bank cases the last few years, thanks to "no press release" clauses, a Los Angeles Times investigative piece revealed. Though these clauses can seal a deal with a defendant who wants to avoid embarrassment, they represent "a...

Proponents of breaking up big banks trumpet Attorney General Eric Holder's complaint that some are too large to prosecute. But indicting companies for individual employees' actions would indeed be reckless.

In the past, it was tough for customers to change banks. So, we could charge them-and treat them-pretty much as we pleased. Technology renders switching banks easier and cheaper-making banking more competitive, less profitable.

Even if regulators restrict banks' ability to charge overdraft fees, those consumers who value banks that cover their overdrafts will find a way to reward institutions providing the best service.

Produce a video for members of Congress to watch that focuses on a typical banking transaction and shows the various laws, regulations and other issuances that come into play at every stage of the process.