Don't let a false impression chill freedom of speech: Misinformation from various sources could cause compliance officers to needlessly prohibit bankers from making perfectly legal... Read More
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On the whole, large banks appear to have primed their books for a rebound in rates: levels of short-term assets relative to short-term liabilities are now higher than they have been during roughly the past decade. The postures of individual institutions vary widely, however.
Despite richer returns available further out on the yield curve, large banks have generally not shifted toward long-dated securities, according to regulatory data.
Growth was particularly brisk at institutions with less than $20 billion of assets, where CEO compensation measured 2% of total payroll expenses, a far higher level than at larger banks.
Annual meetings held by Citi and Bank of New York Mellon have been shaken by investor dissent over executive pay, and observers anticipate more rebukes in the coming month.
With strong ledgers and creative management, many commuity bankers are proving they can thrive despite greater regulatory hurdles and the ever-present threat of large banks.
The best performers among banks and thrifts with less than $2 billion of assets aren't just marginally better than their overall peer group — they're more than twice as good.
In an interview, the director of Consumer Financial Protection Bureau, Richard Cordray, discusses rulemaking, nonbank supervision, fair lending enforcement, and how the CFPB can settle into its role while it remains a political hot potato.
Banker's philanthropy becomes a lifesaver; Hovde touts banking background in Senate race; Umpqua's Davis has last laugh on 'culture' critics; BofA's Bessant takes stand against gay marriage ban; Seiner ends 39-year run at Associated Banc-Corp.
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.
