national-regional

Morning Scan: Stress Tests Round Two; GE Capital No Longer a SIFI

06/30/16

Receiving Wide Coverage ...

Everybody breathe: That could have gone a whole lot worse. The Federal Reserve unveiled the results of the second part of its annual stress tests on Wednesday and just two banks failed – the U.S. units of Deutsche Bank and Banco Santander had their capital plans rejected. Both are repeat offenders that have had trouble with the exams in the past. ...

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Morning Scan: More Stress Ahead ... From the Fed and Brexit

06/29/16

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Big day: Banks could use some good news this week, but it remains to be seen whether there's any in sight. On Wednesday, the Federal Reserve will release the second part of its annual stress tests, which could prove a bright spot for some banks. The exams will determine how much capital they can return to shareholders through buybacks or dividends. ...

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Morning Scan: Supreme Court Punts on Debt Collector Lawsuit

06/28/16

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Application Denied: Monday's verdict from the high court? Thanks, but no thanks. The Supreme Court declined to review an appeals court decision over whether debt collectors must follow state usury laws, making way for a class-action suit to proceed back in district court. For now, the industry remains in limbo. ...

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Why Leadership Trumps Performance Now

06/27/16

Want customers and noncustomers to hold your bank in high regard? Then get executives to offer thought leadership on social issues, rather than just having them be a mouthpiece for quarterly earnings. That's what the Reputation Institute recommends, as leadership replaces performance as a key driver of bank reputations.

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To Transform Banking Start with Employees

06/27/16

Is being customer-centric a goal at your bank? YouÂ'll need to master these five practices to align employee behavior with your desire to improve the customer experience.

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Morning Scan: Private Equity Deep Dive; Brexit Fallout Continues

06/27/16

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Profiteering: For as much heat as the big banks get, some financial firms continue to operate with very little oversight at all. That's one takeaway from a New York Times series unveiled this weekend, Bottom Line Nation, which looks at the role private equity companies are playing in all facets of American life – from the emergency services industry to the mortgage business. ...

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Morning Scan: Brits Prep for EU Split; Banks Pass Stress Tests

06/24/16

Receiving Wide Coverage

This is not a drill: Britain has voted to leave the European Union in a stunning outcome to Thursday's referendum. The decision is already shaking the markets and will reshape the country's place in the world for years, if not decades to come. Wall Street Journal, New York Times, Financial Times, Washington Post ...

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Women in Banking: CFPB's Diversity Struggle; Tech's Role in Hiring

06/23/16

How Key Private Bank's CEO is looking to transform the business (hint: it has a lot to do with women); algorithms in hiring promise a new way to bring diversity to Wall Street; the CFPB has some work to do in improving its treatment of women and minorities. Plus, Blythe Masters talks blockchain and Merrill Lynch's Racquel Oden talks confidence.

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Morning Scan: Tough Talk from Lawsky's Successor

06/23/16

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No boots: She might not be "Clint Eastwood," but she's about to get pretty familiar with the good, the bad and the ugly when it comes to banking.

Maria Vullo, the top financial regulator in New York, warned the banking industry Wednesday that she has no intention of going "easy on serious misconduct." The comments were part of her first public remarks since assuming the role, after being confirmed by the state Senate...

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Morning Scan: Yellen's Not Out of the Hot Seat Yet

06/22/16

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Shaky at best: If you're looking for definitive answers on the state of the economy, best consult your local fortuneteller.

Federal Reserve Chair Janet Yellen gave current economic conditions a mixed review before the Senate Banking Committee on Tuesday, citing "considerable uncertainty." Wall Street Journal, New York Times, Financial Times, Washington Post ...

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