Consumer banking
Mortgage lenders are facing billions of dollars in new demands that they make whole the government and government-sponsored entities for housing-backed investments that have gone sour. American Banker staffers discuss why now, what additional banks are likely to get sucked in and whether an end to the demands is in sight.
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Bitcoin companies have had a tough time getting banks to agree to give them accounts but a New Jersey credit union has agreed to work with Tradehill, a bitcoin exchange. Is this a ray of hope for bitcoin businesses, or will most be doomed to live in exile from the mainstream financial services industry?
August 28 -
A New Jersey credit union has agreed to accept accounts transferred from a trading exchange that handles Bitcoin and other virtual currencies. The move, apparently aimed at attracting business from investors and financial institutions that trade in the alternative forms of tender, could provide them with a much needed level of legitimacy. Staff reporters discuss.
August 27
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JPMorgan Chase's summer of regulator troubles has commanded the spotlight lately. However, the problems it faces have serious implications for many other banks. American Banker editors discuss what's at stake.
August 23 -
Government authorities say that 70 million Americans are either underbanked and unbanked. Yet many of these people are well served by the financial system. American Banker staffers discuss whether the issue of the financially underserved is overblown and if so what may be behind the trend.
August 22 -
Many community bankers are looking to expand into new types of activity to bolster their results in a time of sluggish loan demand. However, venturing into everything from wealth management to credit cards to cybersecurity poses formidable risks as well as rewards. American Banker staffers discuss the trend.
August 12 -
Regulators are pressuring banks to serve as deputies in their crackdown on online payday lenders. It's part of a broader push in which government authorities are holding bankers accountable for the activities of the third parties with which they do business. American Banker staffers discuss whats at stake for the industry.
August 8 -
President Obama belatedly weighed in Tuesday with a vision of how to reform Fannie Mae and Freddie Mac and the future of housing finance. American Banker editors discuss how the White Houses involvement is likely to influence the debate.
August 7 -
Are banks destined to become trusted repositories for personal information as some pundits predict or is the notion utter nonsense? That was one hot topic of conversation during a recent Twitter Chat hosted by American Banker on the future of banking. The publication's BankThink editors discuss.
August 6 -
Bitcoin fanatics and skeptics met under the same roof at a recent event in New York. Now that the digital currency is recognized under guidance from Fincen and bitcoin users established a self-regulating organization, entrepreneurs and payments-industry veterans are finding some common ground.
August 6
