Donna Borak | May 14
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.
Richard J. Parsons | May 14
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.
Alex J. Pollock | May 14
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.
Victoria Finkle | May 14
Sen. Elizabeth Warren renewed her inquiry Tuesday into whether government officials have conducted any analysis into the trade-offs of settling an enforcement action without requiring an admission of guilt versus going to trial.
David Heun | May 14
Prepaid cards have been at the heart of several data breaches in recent years because their traits can make them easier for fraudsters to exploit.
Christopher Cole | May 14
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.
Tony Hughes | May 14
It’s important that models for stress-testing be capable of representing the nuances of the questions they are asked to answer. Insights would be lost if models are kept too simple.
Penny Crosman | May 13
The DDoS threat has eased, if only for a few days, and security officers have a new/old worry to focus on.
May 13
"Operations Risk" has become a popular topic lately among bankers, regulators and consultants with services to sell. American Banker editors discuss whether the discipline is anything more than a repackaging of mainstream management and whether it could end up doing more harm than good.
Neil Weinberg | May 13
Bankers truly face a Catch-22 in the lending business these days, thanks to "qualified mortgage" and disparate impact laws.
May 13
JPMorgan Chase shares would probably fall by about 10% if Chief Executive Officer Jamie Dimon leaves the company, Mike Mayo, an analyst at CSLA Ltd., said today in a research note to clients.
Brian Browdie | May 13
The identities of the card processing companies targeted in a massive cyber offensive have surfaced.
Sean Sposito, Brian Browdie | May 10
Better security deployed by the card processors, the banks and the ATM operators could have detected and thwarted the complex scheme in which millions were stolen from two Middle Eastern banks.
Daniel Wolfe | May 10
The recent crime spree that netted $45 million in fraudulent ATM withdrawals adds to the many reasons banks approach prepaid products with caution.
