BankThink

For banks to tap into the full potential of advanced analytics, they should address some difficult challenges, including vast quantities of poorly organized data, inadequately skilled staff and risk management operations still stuck in silos.

Receiving Wide Coverage ... QE3 Forever?: The Federal Reserve Thursday outlined its latest plan to spur job growth and bolster the economy. The basic steps include the purchase of $85 billion in long-term bonds a month through the rest of the year, the subsequent addition of $40 billion of mortgage-backed debt per month until the job market gets better and low interest rates through at least mid-2015. Stocks rallied following the announcement of this indefinite QE3,...

You can't write or say anything about Dodd-Frank these days without being accused of taking sides.

Receiving Wide Coverage ...

Banished: The U.K.'s Financial Services Authority has banned former head of corporate lending at HBOS Peter Cummings from working in the country's financial services industry for his role in the bank's collapse during the 2008 financial crisis. Cummings was also fined £500,000 ($805,000), which the Journal notes is "the highest fine imposed by the FSA on a senior executive for management failings." The FSA imposed the penalties because it believes Cummings "pursued...

"No financial institution's collapse could sink our economy"? Funny. "To accord nonbanks parity with banks, just regulate nonbanks more strictly"? Hilarious. But here's a real howler: "We have to go on subsidizing home building and financing."