BankThink

How the iPhone is Changing Banking

12/19/12

Smartphone capabilities, like instant Internet access, integrated cameras and GPS systems, have given consumers more control over their banking relationship and are forcing financial institutions to adapt.

[more]

Recent Attacks on FHA Are Wrongheaded

12/19/12

A new study concludes the agency's basic business model puts homeowners at an unacceptably high risk of default with negative consequences for communities. Nothing could be further from the truth.

[more]

Libor Manipulation: UBS Makes Deal; Was Geithner Tipped in 2008?

12/19/12

Receiving Wide Coverage ...

UBS Fined in Libor Probe: An irony of the Libor probe is that it's looking nearly as choreographed and negotiated as the long-running rate manipulation that preceded it. Early this morning UBS and Swiss regulators announced the bank had agreed to a $1.5 billion settlement, and arrests of people connected with the Swiss bank are expected today, according to anonymous sources. RBS is next in line to settle, these same sources say....

[more]

Dodd-Frank Ushers in a Corporatist Era in Banking

12/19/12

Massive regulation provides a deep moat protecting large financial institutions against competition from community banks and innovators.

[more]

Pew's Study Uses 'Right Approach' to Arbitration Issue

12/18/12

Its purpose was to study what consumers know about dispute resolution clauses. This is particularly important because most checking accountholders are covered by these clauses and may not be aware of them.

[more]

The Bank that Couldn't See the Forest for the Trees

12/18/12

The credit might have been "gold-gilded," but it did not make sense, the first test that a credit must pass.

[more]

Watch Out for European Regulators' Basel Exams - of U.S. Banks

12/18/12

Although this initial phase of the program may seem beneficial as it seeks to keep European competitors honest, enforced convergence is a double-edged sword that raises worrisome issues for our country.

[more]

Out of Sight Out of Mind on Facebook IPO Rules; More About the Cliff

12/18/12

Receiving Wide Coverage ...

Facebook IPO Settlement: Morgan Stanley's paying $5 million to settle a Massachusetts probe of how it handled the Facebook IPO. According to a Journal story crosschecked between the state's attorney general's office and people "familiar with the matter," star tech analyst Michael Grimes wrote a script with detailed, non-public information for Facebook's CFO to share with investors. Then, in what might seem a cynical approach to dealing with Morgan Stanley's supposed Chinese...

[more]

How Do We Fix Our Housing Finance System? Part I: An Overview

12/17/12

The role of the federal government in housing is the first question that needs to be answered, putting aside political rhetoric and preconceived notions about the subject.

[more]

Mobile Banking: A Bonanza (or Bust) for Banks?

12/17/12

In the past, bank investment aimed at gaining a proprietary edge through new methods of consumer payment has consistently been poorly rewarded. Expect another repeat.

[more]