Quantcast

Chase Reinsurance Deals Draw New York Regulator's Attacks

JPMorgan Chase & Co's high profit margin on insurance it forces customers to buy "doesn't smell right," New York's Superintendent of Financial Services declared in hearings on tangled incentives in the force-placed insurance market.
Insurers Hit on Force-Placed Practices
Fannie Mae Reins in Banks' Payouts on Force-Placed Insurance
California Aiming to Lower Force-Placed Insurance Premiums
Risk Management

Breaking News

Alabama Bank's Failure Raises 2012 Total to 24 07:26PM ET

National Bank Holdings Corp. in Boston Relocating to Denver 05:00PM ET

Banks, Credit Unions Spar (Again) Over Tax Exemption 02:22PM ET

Financial-Reform Group: JPM Clearly Was Not Hedging 01:10PM ET

NCUA Bars CEOs of Failed Corporates 01:00PM ET

BankTennessee Release from Fed Order 12:31PM ET

Charlie Shrem, chief executive of BitInstant

Banks' Bitcoin Influence May Rise as Dwolla's Declines

When the alternative payments provider Dwolla changed its terms of service earlier this month, it made it harder for users of the digital currency Bitcoin to use Dwolla as a funding source — and easier for banks to step in and benefit from the Bitcoin economy.
Dwolla Put Us Out of Business, Bitcoin Exchange Says in Suit
For Banks, Digital Currency Poses Threat — and Opportunity
Technology
Risk Management

BankThink

Regulation & Reform

Rep. Carolyn Maloney (Image: Bloomberg News)
N.Y. Bank Caught by Dodd-Frank Seeks Relief from Congress
A House bill would exempt Emigrant Bank — and only Emigrant Bank — from a new capital requirement.
Emigrant Mulls Sale of Online Unit or Branches

Community Banking

Image: ThinkStock
Century in Boston Recruits Former Catholic Church CFO to Board
The new director, James McDonough, once served as the CEO for Abington Bancorp, a Boston-area company that was sold in 2004.

Community Banking

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.

Mergers & Acquisitions

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.
Tim Marshall, chairman and CEO of Bank of Ann Arbor

Bank of Ann Arbor Gets Customers to Mock Competitors on Facebook

Bank of Ann Arbor has invited local residents to write billboards poking fun of larger out of town banks' alleged lack of local knowledge in a new ad campaign.
Messy Message in CU's Social Media Campaign
Technology
Retail Delivery

Regulation & Reform

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.

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

In Pictures

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

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

  • Ranking the Banks
    Ranking the Banks
    A comprehensive database of bank rankings, league tables and vital statistics
  • Rate Tracker
    Rate Tracker
    Monitor and look up average deposit and loan rates by product and by state
  • Board Reports
    Board Reports
    A quarterly assessment of the key metrics that drive bank performance
  • Product Management
    Product Management
    Comparative analysis of deposit, loan, and investment product performance
  • Profitability Management
    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
Comments of the Week: Dimon, Volcker Rule, Glass-Steagall

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

See All

Download Friday's digital edition of American Banker. »
Most Read
Emailed

Email Newsletters

Get the Daily Briefing and the Morning Update when you sign up for a free trial.

Payments

Retail Delivery

Markets

Mortgage

National

Wealth Management

Washington

Mobile Banker

Web
Seminars

Improve Your Customer Engagement Model in Financial Services
Connecting with Customers to Enhance Revenue Generation
5 Reasons why Automated IT is becoming the new standard
for Financial Institutions

Conferences
& Events

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
6th Annual Mobile Banking & Commerce Summit
June 10-12, 2012
Westin St. Francis, San Francisco, CA
Login  |  My Account  |  White Papers  |  Web Seminars  |  Conferences |  CareerZone |  Marketplace Directory
Already a subscriber? Log in here
Please note you must now log in with your email address and password.