BankThink

The concept of using the payments stream to promote donations is compelling because it provides an easy way to link everyday consumer payments with charitable giving.

The strength of America's financial system is a result of the diversity of its players, but that diversity won’t survive if our nation continues down the path of one-size-fits-all regulatory reform.

We need to secure a balance between literal enforcement of statistical conclusions and the actual intention of the bank and the real needs of underserved minority communities.

Receiving Wide Coverage ...Jamie's Cryin': If you are most CEOs, you know it's going to be a tough day when you wake up to read lots of stories about your company that quote people "familiar with the matter." For Jamie Dimon, it is just another day in August. ... The Federal Housing Finance Agency wants $6 billion in connection with its lawsuit alleging that JPMorgan sold Fannie Mae and Freddie Mac $33 billion of tainted mortgage-backed securities ahead of the financial meltdown, several of the major dailies reported. JPM is fighting the offer but could still end up paying billions of dollars, the Financial Times says.

A call to reassign GSE affordable housing goals to private securitizers ignores important changes in underwriting standards and the nature of federal mortgage guarantees in the conventional conforming market.

If regulators have concluded that the largest banks are "too big to manage," then let's confront that head-on. But let's not target a bank and drag it down piece by piece.

History tells us that post-crisis reforms should increase confidence, but still allow regulated entities to innovate and prosper, all in support of a stronger economy.

Breaking News This Morning ...Arrest in 'London Whale' Case: Javier Martin-Artajo, former JPMorgan Chase employee and "London Whale" supervisor, was arrested Tuesday in Madrid after turning himself in to Spanish police. Martin-Artajo is one of two former JPM traders facing criminal charges filed by U.S. prosecutors over the bank's $6 billion trading debacle. Julien Grout, the other trader charged, has yet to be arrested. Wall Street Journal, Reuters

The Federal Reserve appeal of a judge's decision invalidating its interchange fee cap forestalls the prospect of a substantial cut in bank’s debit card revenue.

Bankers and other lenders are pressing the Consumer Financial Protection Bureau to delay implementation of its "qualified mortgage" rule, but the agency has given no signal it will delay the Jan. 10 deadline.