Use risk-based capital only as a supplement to a meaningful leverage test, combined with traditional judgment-based safety and soundness supervision...
Receiving Wide Coverage ... JPM Again: News outlet continue to closely monitor JPMorgan Chase ahead of Tuesday's shareholder vote on a proposal that could... Read More
In a sign of renewed pressure on mortgage servicers, a number of big banks have ceased or dramatically slowed the final step in the foreclosure process.
The latest monthly reports from credit card issuers provide more evidence that loss rates will stay abnormally low longer than thought just a few months ago.
Washington Post blog tries giving clarity around who used the analogy in a point about Japanese monetary policy. It was likely not Federal Reserve Board Chairman Ben Bernanke.
It's common to hear complaints that Congress is no better than a bunch of squabbling kids, but it's less often that you see an actual child take part in official proceedings.
Risks posed by the shadow banking system, the need for regulators to work through disagreements and housing reform were among the key concerns among top financial policymakers gathered at the Federal Reserve's annual conference in Chicago last week. Washington reporter Donna Borak, who attended the event, discusses the implications.
Loan performance data show the entire case against GSE underwriting standards, and their role in the financial crisis, is based on social stereotyping, smoke and mirrors, and little else.
Senate Majority Leader Harry Reid is bringing the battle over the Consumer Financial Protection Bureau back to the forefront next week with a long-awaited confirmation vote on Richard Cordray, the agency's director.
The banking industry must create sustainable mortgage products that will work for responsible families of modest means. We also need a proactive homeownership policy from the federal government.
Top Federal Reserve Board officials appear to have reached a consensus on how to deal with the "too big to fail" dilemma: wait for the current reform process to play out, but be ready to significantly increase capital standards if the problem remains unsolved.
Accept the limitations of quantification exercises. Management should focus on identifying and mitigating risks that alone or in combination could cause a bank to fail.
The central bank is too big, too leveraged, extremely short-funded and a frequent creator through its interest rate and money-printing actions of gigantic systemic risk.
The bill would replace the misleading risk-based capital system with a straightforward way to determine the true health of an institution, in addition to providing incentives for the largest banks to downsize.
As the industry evolves, American Banker keeps pace. Going beyond breaking news and headline events, American Banker's editorial staff digs deeper than the mainstream business press to identify and analyze trends.
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