Risk management

Fed plowing ahead with stress tests. But should it?

03/27/20

Many argue the economic turmoil from the pandemic makes the Comprehensive Capital Analysis and Review irrelevant this year, while others say testing banks’ capital strength is crucial now more than ever.

[more]

Fed’s new TALF has a major gap

03/26/20

Many borrowers will suffer unless the program, the central bank's latest response to the coronavirus pandemic, includes consumer loans issued by fintechs.

[more]

Time for Congress to put an end to CECL

03/25/20

Policymakers should abolish the new accounting standard because it could distract banks at exactly the moment they need to be focused on pulling their communities from the brink of recession.

[more]

Virus focus further dashes banks’ hopes of pot banking, AML reform

03/16/20

Financial institutions’ legislative agenda was already a low priority in Congress. Lawmakers’ efforts to stabilize the economy have shifted attention even farther away from bills that would benefit the industry.

[more]

Waters is right to make Wells Fargo a poster child for bad practices

03/11/20

The chairwoman of the House Financial Services Committee should call on regulators to take more aggressive steps with bad banking practices, starting with Wells.

[more]

Why energy lenders say they’re ready for this oil slump

03/10/20

Banks with the most exposure to oil and gas companies say they’ve added capital and changed their borrower mixes since the 2015 market fall. But skeptics question whether they can stave off losses if low prices endure.

[more]

Democrats beat up on Wells Fargo CEO. GOP says it's time to move on.

03/10/20

House Democrats maintained their criticism of the bank during Charlie Scharf's first hearing, but Republicans suggested it is on better footing now that many top leaders have been replaced.

[more]

Stop shaming the big banks

03/10/20

Community bankers keep harping on the illusory issue of "too big to fail." If they're serious about strengthening the economy, they should make more of an effort to unite the industry, not divide it.

[more]

House hearing still on for former Wells Fargo board members

03/09/20

The House Financial Services Committee is still planning to have former Wells Fargo board members Betsy Duke and James Quigley testify after announcing their resignations.

[more]

'Too big to fail' is alive and Wells

03/06/20

Wells Fargo remains the TBTF poster child and regulators continue to do too little to address the problem. And as always, small banks suffer collateral damage.

[more]