BankThink

Breaking News This Morning ...Earnings: SunTrust, Morgan Stanley, General Electric

Piggyback litigation often follows regulatory actions, and the laws under the CFPB's jurisdiction all but invite follow-on private lawsuits. A huge number of companies may be exposed.

Shareholders, Congress and federal banking regulators are demanding greater accountability from executives and boards for risk management lapses. States ought to rise with the tide.

Strip nonbank broker-dealers of their ties to the banking system, and the market will demand stronger capital and safer asset growth from these firms, making their failures less systemically dangerous.

The Consumer Financial Protection Bureau released a set of new rules Thursday that detail additional requirements for mortgage servicing. Like the QM rule, the new servicing rules will be effective Jan. 10, 2014.

A top Federal Deposit Insurance Corp. official said late Tuesday that the initial phase of large firms preparing wind down plans has been a "positive first step."

Breaking News This Morning ...Earnings: Bank of America, BB&T, Citigroup, Fifth Third, Huntington, PNC

Taking money from available funds to reserve against "Too Big to Fail" may save the banks, but put the countries and their economies into recession.

No, the standards weren't "watered down," media hype notwithstanding. But the Basel Committee is considering a complete pass for banks with government lifelines. This would enshrine "too big to fail."

After seven years at post, Sandra Thompson will step down from her position as the Federal Deposit Insurance Corp.'s supervision chief.