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Michael Krimminger, former general counsel for the FDIC (Image: Bloomberg News)
Scores of foreign banks with very small U.S. operations still find themselves drafting "living wills" to provide U.S. regulators with a road map to their hypothetical failures, leading to calls for a lighter requirement.

Breaking News

Chris McLaughlin, executive vice president and director of retail banking at First Bank
Technology has dramatically changed the way people bank, but many banks areresponding by closing and opening branches rather than arming themselves with data that could make existing branches more efficient.

BankThink

JPMorgan Chase Chairman and CEO Jamie Dimon (Image: Bloomberg News)
Following ample debate over whether JPMorgan Chase's CEO should lose his chairman title, there's no clear indication of how Tuesday's shareholder vote will play out.

Community Banking

Joseph Stilwell
The activist investor claims that D.F. King failed to turn in a master ballot, causing his board candidate to lose an election.

Technology

Mark Jamison, innovation chief at Capital One
The retail bank is employing a technology called responsive design that changes the appearance of its website for desktop, smartphone and tablet devices.

BankThink

S.S.A. Zaidi, a consultant and retired banker, has written a forthcoming book on combating money laundering and terrorism financing.
Know-your-customer, an essential precaution, must be coupled with know-your-employees. A host of instances highlight the involvement of employees in fraudulent transactions – in most cases in league with customers.

Mergers & Acquisitions

Image: ThinkStock
A breakdown of M&A announcements in the financial services industry for the week ended May 18.


American Banker Magazine

We've profiled six bankers who raise the act of connecting with their communities to an art form. They are from different institutions in different parts of the country, and each has a different story.

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