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Scott Alvarez, the Fed's general counsel (Image: Bloomberg News)

Forcing Firms to Admit Guilt Could Endanger Banks: Regulators

Financial regulators told a House panel Thursday that requiring banks to admit wrongdoing as a condition of settlements could raise safety and soundness concerns.
Sleaze Triumphs Over Fairness as Rakoff Rebuked in Citi Case
Banks Can Live with $25B Deal — If It Gets Approved
'Judge Dread' Seen Approving B of A Settlement After Rejecting Citi's
Regulation & Reform
Washington

Breaking News

FDIC's IG to Take Temporary Control of SEC's Watchdog 04:45PM ET

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

John Palmer, co-founder of PL Capital

Cooler Heads Must Prevail in Bank Fights with Shareholders

Avoid the bluster and the defensiveness, and focus on communication and steps to improve the bank, veterans of activist investor fights like John Palmer of PL Capital advise.
In Pictures: Battles Brewing?
Bancorp Rhode Island Wins Latest Round Against Investor
Community Banking
Mergers & Acquisitions

BankThink

Regulation & Reform

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.

Community Banking

Image: ThinkStock
Troubled Kentucky Bank Authorized to Sell More Shares
Porter Bancorp says the increase in preferred and common shares, while dilutive, would give it the flexibility to raise fresh capital.
Shareholder Says Porter Bancorp is Understating Loan Troubles

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

Sen. Carl Levin (Image: Bloomberg News)
Levin, Merkley Turn Up Heat on Volcker Rule
The Democratic senators argued Thursday that the proposal by regulators to implement the ban on proprietary trading contains a "JPMorgan Loophole."
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

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 a discussion forum for parents, students and educators. 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.

In Pictures

Image: ThinkStock
Top 5 Reasons the Housing Market Has Not Recovered
Major headwinds are holding back a full housing recovery, despite signs of life in the market.

Consumer Finance

Ellen Alemany, chief executive of RBS Citizens (Image: Bloomberg News)
Personal and Professional: RBS Citizens CEO Alemany Honored
The Center for Discovery provides care for disabled and autistic children, including Ellen Alemany's daughter. This week it honored the Citizens CEO and fifth most powerful woman in banking.

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.

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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    Monitor and look up average deposit and loan rates by product and by state
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    Board Reports
    A quarterly assessment of the key metrics that drive bank performance
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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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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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