Richard J. Parsons

If President Trump takes a stand against large banks and in support of smaller banks, he would be following the legacy of the nation’s seventh president.

Any economic environment, including this one, has risks but it is unclear whether banks are sufficiently worried about what lies ahead.

The new administration and Republican-controlled Congress have a historic opportunity in 2017 to bring banking into the 21st century.

The revelations at Wells Fargo are reminder to directors that when a bank's performance is too good to be true, it likely is.

While troubling factors such as higher risk profiles may be behind the recent lending boom, the industry could also just be returning to the historical average for loan growth following the "Great Panic" of 2008-2010.

The impressive loan growth in the second quarter is surprising in an economy that grew by 1.2% in the second quarter and by only 0.8% in the first quarter.

Loans outpacing GDP and the expressed optimism of CEOs on recent earnings calls are among the signs that growth figures are too good to be true.

It is time for institutions to act independently of the Federal Reserve and raise their loan interest rates to improve returns.

The near future may find more banks ceasing to originate residential mortgages in an effort to stop the slide in stock prices.