BankThink

A recent op-ed in American Banker came to shocking conclusions about the future of the credit union industry. Here's where it's wrong.

If the cooperative model continues to be under-exploited by credit unions, we risk being marginalized in the marketplace. The key is to establish a regulatory environment that supports collaboration. Here are five strategies and additional ideas for doing just that.

Since U.S. legislators and regulators failed to learn how banks' shared delusions generate systemic risk, it's not surprising that European banking regulators also missed the point.

A mobile-payment system meant to help German commuters buy transit fare has also invited fraud from people prefer to ride for free.

American Banker challenged the enforcement record of the FHA under the leadership of former commissioner David Stevens. During this period the program took important steps to reduce its risk.

While coaching is important, it would appear that “leading by example” is significantly more important.

One of the vital lessons learned from our ongoing financial crisis is the difficulty in measuring the potential impacts of a large, cross-border bank failure. Variance in supervisory processes, regulatory and firm readiness, bankruptcy laws, resolution regimes, policy responses, and official sector coordination mechanisms exposed a vacuum of information necessary to reduce the amplification of stress. These gaps impose enormous un-funded costs to the system.

Sun Bancorp's chief executive says he is not deterred from using social media – even after his Twitter account was hijacked to promote work-at-home schemes.

Receiving Wide Coverage ...SEC Shredded: Rolling Stone's Matt Taibbi gives us a crushing assessment of the Securities and Exchange Commission's integrity in a piece that describes the systematic destruction of closed "matters under inquiry" over the past 17 years. The problem was "brought to the attention of Congress in July, when an SEC attorney named Darcy Flynn decided to blow the whistle."

Last week, the Obama administration, under the leadership of FHFA, HUD and Treasury, and with the support of the Federal Reserve, announced a bold new plan to accomplish what its unsuccessful Hamp program was created to do.