PayThink

A Volcker Rule limiting investment in securities used primarily for customer transactions to 10% of the firm’s revenue is simple for banks to understand and easy for regulators to enforce.

Passing framework rules without considering technology implementation has proven disastrous for the CFTC. Like the Obamacare website debacle, it has brought to the fore unresolved Big Data issues.

It's been nearly two years since the FDIC first unveiled its so-called “single point of entry” approach, which is designed to help unwind a systemically important financial institution. Yet without more details, the strategy is in danger of imploding.

Bank M&A activity has been lackluster in most parts of the country. It will probably stay that way, since so many banks are too small for buyers to bother with.

In a Nov 13, a piece on CUJournal.com, entitled "Credit Unions Beat Banks In Loan Growth, Exec Pay And More," cited a study from Enetrix that claims that the median base salary of credit union CEOs is higher than the salary of bank CEOs of comparable size - this is very misleading.

The Consumer Financial Protection Bureau issued a letter to student loan servicers asking them to voluntarily share their payment processing policies.

Banks shouldn’t feel forced to place all their bets on one platform or another. In the shorter term, successful future models of banking will be hybrids.

The Volcker Rule, enacted in the 2010 Dodd-Frank Act, has proved to be one of the financial reform law's most challenging provisions to implement. After more than three years, regulators are closing in on a final rule that is expected to be tougher than its first draft.

A former CPA colleague of mine called me this year and asked if we would be interested in buying a bank.

Commercial loan officers must use judgment in discussions and email exchanges with property moguls, whose lawyers will construe statements and written correspondence in a way most favorable to the borrower.