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Paul Greig, president and CEO of FirstMerit

Deal-Hungry CEOs Kicking Lots of Tires

New York Community, FirstMerit and BB&T see lots of banks for sale but few worth buying, top executives said at London investor conference.
Bank Sellers Are Getting Better Prices
Bank M&A Outlook for Rest of 2012 Is Dim, Execs Say
Mergers & Acquisitions

Breaking News

SunTrust Invests in Struggling Atlanta Community Bank 04:08PM ET

Fed's Bullard Says Largest Banks Should Be Split Up 01:55PM ET

United Community Banks in Ga. Receives SEC Subpoena 12:59PM ET

Merging Mass. Thrifts to Be Called MutualOne Bank 11:48AM ET

Shareholder Sues to Block Texas Bank's Sale to Prosperity 10:28AM ET

Global Banks May Need $500B to Meet Basel III: Fitch 08:55AM ET

MetroCorp Offer of 4.45M Shares Prices at 7.4% Discount 06:48AM ET

Jerome Powell and Jeremy Stein (Image: Bloomberg News)

JPMorgan Loss Helps Senate Confirm Stein, Powell to Fed Board

The appointees, one a Democrat and the other a Republican, give the Board a full complement of seven members for the first time since April 2006.
Shelby Says Reg Nominations Not Linked to CFPB Fight
Obama Taps Two More to Fill Fed Vacancies
Regulation & Reform
Washington

BankThink

Risk Management

New York Superintendent of Financial Services Ben Lawsky (Image: Bloomberg News)
Force-Placed Insurance Payments Target of New York Hearing
New York Financial Services Superintendent Benjamin Lawsky cites "perverse incentives" in opening remarks for three-days of hearings the state regulator has scheduled to look into the operations of the force-placed insurance market.

Regulation & Reform

JPMorgan Chase CEO Jamie Dimon (Image: Bloomberg News)
Dimon to Testify on JPM Trade Losses
The Senate Banking Committee announced Thursday that it has invited JPMorgan Chase CEO Jamie Dimon to testify about the firm's $2 billion trading loss. A bank spokeswoman said Dimon has agreed to testify.

Consumer Finance

Beth Mooney, chairman and chief executive of KeyCorp
KeyCorp Wins OK on Pay Plan at Annual Meeting
Shareholders also recommended that the CEO and chairman jobs, now held by Beth Mooney, be split.

Technology

Kimarie Matthews, vice president social web for Wells Fargo
Wells Fargo Creates a Social Site for Perplexed Students
The bank's community site for college planning includes multiple discussion forums, but what it doesn't include is a lot of sales information on the bank's college planning products, part of a trend toward softer branding.

The JPMorgan Whale's Disastrous Trades Weren't Hedges: BankThink

If the credit derivative positions are hedges, why doesn't JPMorgan account for them as such under GAAP?
Repeal Volcker Rule, It Wouldn’t Have Saved the Whale: Peter J. Wallison
In Defense of Jamie Dimon: Neil Weinberg
Behind JPM’s Big Loss, a Broken Risk Model: Jeff Horwitz
Risk Management
National/Global

Mergers & Acquisitions

Banks with Weak Deal Prospects Get Cold Shoulder
Demand for bank stocks is up this year, but Wall Street is showing reluctance to fund a certain kind of lender: Community banks with dim prospects for making acquisitions.

Regulation & Reform

Jim Wigand, director of the FDIC's Office of Complex Financial Institutions (Image: Bloomberg News)
Death of a Big Bank: How the FDIC Will End Too Big to Fail
"It is about saving the financial economy, not saving a firm," says Jim Wigand, the 28-year FDIC veteran tasked by Congress with ending TBTF.
Gruenberg Confronts Doubts That FDIC Will End TBTF
Slideshow: Who Wants to Break Up the Big Banks?

Technology

Image: Bloomberg News
YouTube Helps Banks Make Business Clients the Stars
On YouTube, puppet shows are fine for consumers, but to appeal to businesses many banks are taking a more serious tone — and putting their own clients in the spotlight.

National

Image[dquote] ThinkStock
Somali-Americans Withdraw Funds from U.S. Bancorp, Wells Fargo
Still unable to wire their money to family back home, many Somali-Americans in Minnesota recently lined up to withdraw their deposits from U.S. Bancorp and Wells Fargo or have vowed to do so soon.

Bank Technology News

11th Annual Innovators of the Year
From social media analytics to cloud computing to context-aware computing to novel means of building applications, this year's financial services innovators are pushing the envelope.

American Banker Magazine

Trying to Stay Above Politics
Consumer Financial Protection Bureau director Richard Cordray discusses nonbank supervision, fair lending enforcement, and how the CFPB can settle into its role while being a political hot potato.

Benchmarking & Data

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    Board Reports
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    Product Management
    Comparative analysis of deposit, loan, and investment product performance
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    Profitability Management
    Principal operating ratios that dissect non- and net-interest income and expenses
  • Regulatory
    Regulatory Reports
    A peer evaluation of compliance based on the primary regulatory metrics and ratios
  • Risk Management Reports
    Comprehensive assessment of capital, asset quality, liquidity and performance

Multimedia
Image: ThinkStock
Tech Companies: Serious Business, Goofy Names

Mobile Banker

RBS Citizens Adds E-Payments for Online and Mobile Users

RBS Citizens Financial Group is adding person-to-person payments for its online banking users and expedited automated clearing house transfers for... more

Jumio Adds Mobile Software Tools for Card-Reading Tech

Jumio has released a software development kit to allow programmers to use its credit card scanning technology in mobile apps. more

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Improve Your Customer Engagement Model in Financial Services
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IBM Executive Seminars - Chicago
May 17, 2012
Chicago Marriott Downtown Magnificent Mile, Chicago, IL
M&A Symposium
May 21-22, 2012
Metropolitan Club of New York, New York, NY
IBM Executive Seminars - Toronto
May 23, 2012
Park Hyatt Toronto, Toronto, Canada
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