BankThink

The Consumer Financial Protection Bureau issued a letter to student loan servicers asking them to voluntarily share their payment processing policies.

Banks shouldn’t feel forced to place all their bets on one platform or another. In the shorter term, successful future models of banking will be hybrids.

The Volcker Rule, enacted in the 2010 Dodd-Frank Act, has proved to be one of the financial reform law's most challenging provisions to implement. After more than three years, regulators are closing in on a final rule that is expected to be tougher than its first draft.

A former CPA colleague of mine called me this year and asked if we would be interested in buying a bank.

Commercial loan officers must use judgment in discussions and email exchanges with property moguls, whose lawyers will construe statements and written correspondence in a way most favorable to the borrower.

A New York Times editorial called the payday lending industry a "predator," yet many banks, thrifts and credit unions will tell you payday lenders serve many of their customers and members. Why?

Dan Egan is part of a history that goes back to the very beginnings of credit unions in the United States.

Receiving Wide Coverage ...Questioned: The Securities and Exchange Commission has stepped up its probe into Wall Street's foreign hiring practices. Anonymice are telling their favorite news outlets that Citigroup and Morgan Stanley have both received letters requesting information to determine whether the banks violated the Foreign Corrupt Practices Act. Scan readers will recall that, back in August, JPMorgan Chase revealed the regulator was investigating whether the bank habitually hired the children of prominent Chinese officials to win business. Sources told the FT the new requests "did not amount to a formal investigation and that multiple banks had been contacted with similar questions in the wake of the JPMorgan allegations."

A Baby Boomer who has banked with the same small financial institution for more than 37 years hardly fits the mobile profile. But look below the surface and this mom is actually a prime candidate.

Big-bank executives should finalize living wills, hold each other publicly accountable and re-teach ethics training within their rank-and-file if they hope to escape an escalated regulatory crackdown.