PayThink

Bank executives, audit committees and shareholders risk additional scrutiny and unwelcome publicity under the best-case scenario – and audit failures under the worst case – if their auditor picks a fight with the PCAOB.

Regulations to implement the Volcker Rule have hit the street. Now a new phase of the battle to reign-in proprietary trading by banks is at hand. If past is prologue, a tough and divisive battle looms. Meanwhile, the industry, regulators and customers will be dealing with the uncertainty that has bedeviled all concerned since Dodd-Frank was enacted.

"Stay tuned." Those were the words Treasury Secretary Tim Geithner used on CNBC last week to apprise an angry public that more bank bashing is yet to come.

The "hacktivist" group CabinCr3w, which has ties to Anonymous, has posted what it says are the personal details of yet another big-bank CEO: Brian Moynihan.

It's nearly Halloween, so it seems a fitting time to mention a ghoulish story from the Golden State: the plan by Technology Credit Union to convert to a bank.

The University of Southern California Credit Union's experience is a textbook case study of creating value and differentiation with private student loans.

The recent public exchange between the Wisconsin Bankers Association and the Wisconsin Credit Union League over member business lending sounds a lot like what has been going on in our nation's capital for months. A stalemate between two parties who argue they can do it better, yet no one gets the job done.

Right now, the government is at risk for an increased share of the reduced amount of residential mortgages that are being produced. This is another damnable result of the recent crisis. No proposed remedy for it has attracted much support. I'll suggest alternatives.

Wells Fargo blames a printing error for mailing numerous customers statement details from other people.The error led to the names, account numbers and, in some cases, Social Security numbers of affected customers being added to the statements of strangers.

Two men were arrested Thursday for an alleged card-skimming scam. The suspects were arrested after bank employees noticed them using what looked like counterfeit cards to make withdrawals.