What's a bank to do when clients refuse to act in their own best interest?

•Related Link: Progress Still No Substitute for Vigilance

An active board of directors can shape a workable approach and reporting framework in operational risk management. It's definitely worth it.

Tom Hoenig was a dissident voice at the Fed during his tenure there. It's unlikely that retirement will silence him.

Gauging his market, Bob Jones, the CEO of United Bank, found an innovative use for an obsolescing product.

US Bank's Amy Zehnder is a wealth adviser with fresh approach to old money.

Larry Summers walks a fine line between honesty and trying not to panic the markets.

Banks are looking to slash infrastructure that had been built for growth, but not all have bloat in their payrolls. In fact, compensation is now a smaller portion of revenue at companies like Capital One than it was before the recession.

As banks labor to raise capital seawalls, underwater home equity loans continue to wash against their foundations - at Wells Fargo, such assets are equal to nearly half of capital. Most of the loans are within initial periods where borrowers are required to make only monthly interest payments.

At the American Bankers Association's annual conference for marketers, conversation after conversation circled back to the same challenge.

Executive Changes

Select quotes from the world of financial services.