BankThink

Can the banking industry at least cool it with the footnotes?

Regulators are hoping to release an interim final rule next week designed to satisfy banker demands to change a provision of the Volcker Rule that threatens to force smaller institutions to take millions of dollars in write-offs.

The virtual currency has the potential to serve as collateral for loans, but creditors are likely more concerned with restricting borrowers’ Bitcoin use due to the regulatory uncertainty, irreversible payments, volatile exchange rates and the system’s anonymity.

Fred Joseph retired from overseeing banks and securities firms last month. In a wide-ranging interview, he reflected on his career and provided perspective on the future of the banking industry.

While a bankruptcy court has traditionally been a "debtors’ court" committed to helping grant debtors a fresh start, it should not allow for unchecked opportunities to hold the whole process hostage.

The “ability-to-repay” regime eviscerates fundamental principles of a mortgage “market.” It will not guarantee against a housing bubble and crash. It will constrain the availability of credit and increase home financing costs.

The “ability-to-repay” regime eviscerates fundamental principles of a mortgage “market.” It will not guarantee against a housing bubble and crash. It will constrain the availability of credit and increase home financing costs.

A focused strategy, executed by engaged, committed members of the board, management and staff in a culture that supports taking measured risk, sets the stage for success.

With 2013 coming to a close, here's a look back at some of our favorite contributions to the PaymentsSource blog this year.

George Bailey has a lot to teach us about the ongoing basic risks faced by financial institutions.