BankThink

Eyes on Loan Caps, Bonus Clawbacks, Coal

Prepaid cards and mobile wallets have become major disruptive forces in the financial services industry.

House Financial Services Committee members asked CFPB Director Richard Cordray tough questions this week — but they let their own theatrics trump substance, using their time to berate the CFPB chief rather than engaging in substantive discussion.

Creating a bipartisan commission to manage the Consumer Financial Protection Bureau will make the agency's rules longer-lasting and place needed checks on the director's authority.

Big-Bank Stocks Stay Cheap; Moynihan: Big Is Good

More loans means more profit, so why would anyone ask if there’s a dark side to loan growth? Because more loans also means more that can go wrong.

I made a provocative comment, as it turned out, during my keynote at a recent conference. The comment was picked up in a press article that reported I said "the coding behind virtual currency bitcoin could also prove to be enormously transformational, potentially even replacing the Swift network for interbank payments."

When employees create win-win scenarios, your members not only see their credit union as offering a good deal — they see the institution as an strong advocate for their financial well-being.

Nandita Bakhshi will become CEO of the $76 billion-asset Bank of the West, and a study finds JPMorgan Chase is the most ideal bank for women. Still, it seems as if lip service lives on when it comes to gender diversity, even where Dodd Frank is concerned. Would contentious SEC nominee Hester Peirce change that? Also, how job sharing could help more women rise through the company ranks.

Consolidation is increasing risk to the Federal Deposit Insurance Corp. while reducing diversification in the industry.