Donna Borak | May 10
The Fed chairman highlighted ongoing efforts to monitor threats and vulnerabilities in four critical areas: systemically important financial institutions, shadow banking, asset markets, and the nonfinancial sector.
Kenneth H. Thomas | May 10
Banks, conflicted by moral hazard, will always fight for maximum FDIC coverage at the least possible cost, since the FDIC is ultimately backed by Other People’s Money.
Donna Borak | May 09
International regulators and the institutions they supervise are objecting to a proposal by the Federal Reserve Board that would toughen oversight of foreign institutions operating in the U.S.
Brian Browdie | May 09
A sophisticated cyber-scheme that involved tens of thousands of coordinated withdrawals at ATMs around the world resulted in millions of dollars being stolen in a matter of hours.
Harry Terris | May 09
In three years of “say-on-pay” votes since Dodd-Frank, investors have widely acquiesced to double-digit increases in bank executive compensation.
Jeff Horwitz | May 09
Operations Risk has become a buzzword among bankers and regulators lately. Unfortunately, repackaging mainstream management duties as a discrete discipline could do more harm than good.
Harry Terris | May 08
Small banks’ perch in small-business lending is being steadily eroded by large, credit-card issuing competitors.
P. Henry Mueller | May 08
Lending is a holistic business – it requires broad thinking about the impact of credit decisions. A culture of discipline is critical. Banks’ cultures today are overdue for an overhaul.
Brian Browdie | May 08
So far, threats by Anonymous to shut down U.S. banks with distributed denial of service attacks this week has turned out to be idle.
James Chessen | May 08
An analysis of FDIC data shows the leverage ratio did little to distinguish banks that have failed since 2008 from those that remained healthy.
Rachel Witkowski | May 07
A bank cited by regulators for lending policies allegedly favoring minorities and women over white males is proof for some of just how frustrating it is for institutions to comply with fair lending laws.
Brian Browdie | May 06
The hacker collective Anonymous has joined with groups throughout the Middle East and North Africa to vow a series of so-called denial of service attacks Tuesday against financial institutions.
Eugene A. Ludwig | May 06
When experiments in lending are properly organized and priced, they can be successful for borrowers and lenders of all income groups, even in tough times.
May 03
Big banks and regionals have been pounded by denial of service attacks but small banks less so. Bank Technology News staffers discuss what community bankers should do to prepare for the risk that cyber-criminals will target them next.
Brian Browdie | May 02
The White House says the nation needs new laws to reinforce its cyber defenses but that the push should not come at the cost of privacy.
