BankThink

Barclays has mounted a sober public response to a tongue-in-cheek email sent by analyst Justin Kwan to a crop of summer interns. But the bank would have been better served by showing the world that it has a sense of humor.

Hedge Fund Loses Big on JPMorgan Lawsuit Bet; Mortgage Refi Market Chilled?

It’s easy for credit unions to shrug off things that appear to only affect banks, such as Operation Choke Point, Too Big to Fail, and others, but given what recent history has taught us about the dangers of the trickle-down effect, here’s why the industry can't afford to ignore some of these banker headaches.

Before Target, there was TJX, the major 2007 breach that impacted about 45 million credit cards. The crime and its prevention were basic, and provide a lesson for today's retailers that are battling a new wave of data theft.

Alternative data used to score "credit invisibles" may do more harm than good. That's because in areas like employment and insurance, no credit score is often better than a bad one.

Ukraine's Rebel Financing; Santander Shakeup

Banks are under significant pressure to modernize payments or lose customers to more nimble digital challengers. But regulatory obligations, which at times hold banks back from being innovative, are also the reason banks become the hero in resolving disputes over charges.

The digital age has transformed how credit unions conduct business. With 24/7 access from almost anywhere in the world, customers can complete all types of transactions through a variety of devices. It has never been easier to pay bills online, apply for a loan, set up a retirement plan, check an account balance, or receive financial advice; however, such progress and convenience often come at a price.

With the onset of the new integrated disclosures rule, mortgage lenders owe it to their companies to make sure that operations folks have the chance to get out to events and workshops that will keep them informed and updated on new industry requirements.

Fannie and Freddie should offer upfront risk-sharing options in order to give lenders an opportunity to lower their guarantee fees while encouraging more private capital and competition to flow into the secondary mortgage market.