BankThink

Banks Hit by Turmoil in Ukraine; More Bad News for Citi

What is different postcrisis is that the actions of a minority of bankers have saddled the finance sector with a greedy, ethics-challenged image that may hinder recruiting the best and brightest talent.

"It would have made a lot more sense to bring back Glass-Steagall," a pre-and-post crisis risk manager tells American Banker Editor in Chief Neil Weinberg, while discussing Washington’s Dodd-Frank solution.

PNC Subpoenaed; Citi Reports Fraud; The Future of Bitcoin

As U.S. issuers and financial institutions prepare for the shift to EMV, two significant benefits over traditional magnetic stripe cards are clear: increased security and reduced incidences of card fraud. However, the migration itself poses risks that must be addressed.

A recap of the informed opinions (and the discussions they generated) on BankThink this week.

Consumers facing mortgage trouble want help and are looking everywhere for it. Paying close attention to where and how homeowners seek information is how the servicing industry will put itself on the fast track to a better reputation.

A recent Washington Post article reported on a debate between Nobel Laureate economist Robert Shiller and Vivek Wadhwa of Stanford University.

Phone calls interrupting my lunch are common, but this was one of my primary financial institutions trying to reach me, according to Caller ID.

In seeking to get the crowd engaged at last week's Herb Wegner Memorial Awards dinner, emcee and host Denise Gabel sought to rate the popularity of various things by applause.