BankThink

Set Capital Levels That Won't Wipe Out Banks' Thin Profit Margins

07/12/11

If regulators significantly raise capital requirements, the fundamental bank financial model will change. It will require greater risk taking or it will relegate banking to a utility status.

[more]

Bank of America's Alarmingly Modest Goal for Basel III Capital

07/11/11

The largest bank holding company by assets in the United States, with operations spanning the globe, is shooting for only 6.75% to 7% of Basel III Tier 1 common equity. Come again?

[more]

Why the Regulatory Push to Protect Account Abusers?

07/11/11

How far will the government's social engineering go? Will banks be required to provide overdraft warning labels on bank statements or twelve-step programs for chronic overdrafters?

[more]

Why the Regulatory Push to Protect Overdraft Abusers?

07/11/11

Will banks be required to provide overdraft warning labels on bank statements or 12-step programs for chronic overdrafters?

[more]

Final Rule on SAFE Act Doesn't Protect Consumers

07/11/11

The mortgage industry needs one set of professional requirements for all people who engage in mortgage activity. If you are dispensing residential mortgage advice you should have a license, period.

[more]

Dictionary Definition of "Routing" Saves PayPal from Durbin Rule

07/07/11

The Fed has determined that PayPal's network does not engage in routing because it takes all transactions to one destination. Hence its exempt from the Durbin interchange ceiling.

[more]

Fed's Feeble Swipe Fee Rule Is an Unauthorized Sop to Big Banks

07/07/11

The Fed ignored Congress' clear directive not to include any costs other than that of authorizing and clearing a debit card transaction in its definition of "reasonable and proportional" swipe fees.

[more]

Century-Old Primer on Investing for Women Shows How Much, and How Little, Has Changed

07/07/11

A century ago, E. H. Rollins & Sons, then one of the foremost investment houses in the country, put out a book whose stated purpose was to educate women about investing. The title alone speaks volumes about an era when women had yet to gain the right to vote: "A Financial Courtship."

[more]

Feedback: Why Bair Should Not Be Treasury Secretary

07/07/11

A recent BankThink piece asserted that retiring FDIC chairman Sheila Bair should be the next Treasury secretary. However, Ms. Bair's background and performance as FDIC chairman strongly suggests she would not be a good choice.

[more]

Bank CEOs Must Rally Around an ID Standard...Or Have One Imposed on Them

07/06/11

The Office of Financial Research is scheduled to impose a global identification system on the U.S. financial industry by July 15 unless bankers take the lead and get behind one of the trade group initiatives.

[more]