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Virtual currencies have finally garnered enough of a following to make the U.S. government react. Bitcoin's a big focus, but even companies like Facebook and Amazon.com may have to take FinCEN's new rules into account.
March 24 -
Many financial A-listers have either written books about the financial crisis or are working on them. Among the most recent to announce: Timothy Geithner, who stepped down as Treasury Secretary in January. Following are some notable examples of those taking a crack at writing first drafts of financial crisis history.
March 22 -
American Banker readers share their views on the most pressing banking topics of the week. As excerpted from the Comments sections of AmericanBanker.com articles.
March 22 -
Banks often disclose the nature of their largest lending relationships in regulatory filings, and the level of detail is interesting. Here are some notable examples.
March 21 -
Lawmakers and banking regulators are showing irrational exuberance, says risk management expert and veteran banker Richard J. Parsons.
March 21 -
First Niagara (FNFG) Chief Executive John Koelmel, an aggressive bank buyer who described himself in basketball terms as a "shooter," fittingly lost his job on the eve of the March Madness tournament. Here's a look at his trajectory at the bank.
March 20 -
The most notable quotes from American Banker stories of the previous week. Readers are encouraged to add their own observations in the Comments fields at the bottom of each slide.
March 19 -
A number of bank chief executives have ties to teams in this year's NCAA men's basketball tournament. Here are some prominent examples.
March 18 -
A selection of images featuring credit unions efforts in their communities.
March 18 -
Apple's Passbook wallet is a blank canvas for developers of mobile payment apps. Some Passbook apps take a conventional approach to payments, and others put a more imaginative spin on what a mobile wallet can be.
March 17 -
American Banker readers share their views on the most pressing banking topics of the week. As excerpted from the Comments sections of AmericanBanker.com articles.
March 15 -
U.S. banks are expected to unload up to $2 trillion in mortgage servicing rights. Behind the sell-off are tough new Basel III capital requirements and the past failures in servicing troubled loans that has brought unwanted scrutiny. Picking up the slack are nonbanks like Nationstar (NSM), Ocwen Financial (OCN) and Walter Investment (WAC), all of which have been aggressively snapping up banks' servicing portfolios. Watch out, too, for Penny Mac, which plans to use the proceeds from its planned public offering to fund servicing acquisitions.
March 14 -
Banks have been pillars of their communities and pillars of local architecture throughout American history. Several institutions today operate out of digs that are listed on the National Register of Historic Places. Here's a look at some of the most notable and elegant examples.
March 14 -
It was very busy in Washington last week, but the item that produced the most news in the banking world wasn't even on the radar. Attorney General Eric Holder was supposed to talk about drones, but he also made a surprising admission with far-reaching consequences.
March 12 -
The most notable quotes from American Banker stories of the previous week. Readers are encouraged to add their own observations in the Comments fields at the bottom of each slide.
March 12 -
A selection of images featuring credit unions efforts in their communities.
March 11 -
American Express is doing a lot to shed its image as the card for the elite. In recent years Amex has worked with Twitter, Facebook, Foursquare, video game companies and other new partners to win the favor of young adults.
March 9 -
American Banker readers share their views on the most pressing banking topics of the week. As excerpted from the Comments sections of AmericanBanker.com articles.
March 8 -
M&T CEO Robert Wilmers packs a punch in his annual letters to shareholders. Here are some of the highlights of this year's missive.
March 8 -
At Celent's Innovation and Insight Day last week in Boston, the research and consulting firm handed out 21 Model Bank Awards based on several criteria, including degree of innovation, business benefits derived and technology or integration excellence. These seven projects were the favorites of Sean Sposito, who attended the event.
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