Apr 22
"There are parts of Dodd-Frank that are good," but other parts of the sweeping financial reform law fall under the category of "more regulation, not better regulation" of the banking industry, according to William Harrison, the former Chairman and Chief Executive of JPMorgan Chase.
Neil Weinberg | Apr 22
Fixating on whether to break up the biggest banks puts policymakers at risk of re-fighting the last war while giving short shrift to the emerging risks that imperil the financial system.
Nicolas Retsinas and Rob Couch | Apr 22
The introduction of more private, risk-bearing capital to housing finance should expand homeownership possibilities.
Clifford Rossi | Apr 19
Spending several million dollars to beef up risk management processes would be an easy decision if it saved hundreds of millions in deposit assessments each year. Also, Camels should become Carmels.
Sean Sposito | Apr 18
The Silicon Alley software company is crowdsourcing fraudulent credit card charges and attempting to sell special consumer protection to banks. Fourth in a series of profiles of up-and-coming fintech startups.
Harry Terris | Apr 18
B of A just recorded its lowest provision for buybacks of bad mortgages in years, and JPMorgan Chase has been reducing its reserves, but most claims from private investors are unresolved.
Brian Browdie | Apr 18
As expected, the U.S. House of Representatives on Thursday passed a controversial bill that aims to bolster the nation's defenses against cyber threats.
Rob Blackwell | Apr 17
American Banker and Federal Financial Analytics are holding a joint forum with Sens. Vitter and Brown to discuss their bill to rein in the big banks and whether some institutions are "too big to fail."
Sean Sposito | Apr 17
Prolexic Technologies says it's seen more distributed-denial-of-service attacks in the first three months of this year than it ever has in the past.
Andy Peters | Apr 17
Berkshire Bancorp has found a "material weakness" in its internal controls tied to tax calculations and its loan-loss allowance. It has also brought on a new CEO.
Donna Borak | Apr 17
Federal Reserve Board Gov. Jeremy Stein said Wednesday regulators should continue to implement current regulatory reform efforts designed to eliminate "too big to fail," but take further steps to strengthen capital requirements if needed.
Brian Browdie | Apr 17
The House of Representatives on Wednesday is expected to pass controversial legislation that aims to deter cyberattacks.
Jeff Horwitz | Apr 16
Poorly written regulations from the Department of Housing and Urban Development are at the crux of a force-placed insurance fight between lenders and homeowners, federal judges declared at a hearing earlier this month.
Apr 16
Why haven't any bankers gone to jail for the financial crisis? "Maybe they didn't commit a crime.
There's a difference between committing a crime and using bad judgment," says William Harrison, the former Chairman and Chief Executive of JPMorgan Chase (JPM). Harrison weighed in on the renewed debate over whether banks and their employees are "too big to jail," arguing that "the notion that just because banks lost money, somebody committed a crime, is disappointing to me."
Apr 16
The most notable quotes from American Banker stories of the previous week. Readers are encouraged to add their own observations in the Comments fields at the bottom of each slide.