PayThink

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

The Federal Reserve Board now demands that big banks proactively manage reputational, strategic and compliance risks – qualitative things they traditionally viewed as outside their control. The new discipline will serve banks well.

Promotion to CEO roles will continue to be a challenge for women as the industry continues to consolidate.

Midsize players will seek to increase geographic coverage, acquire deposits with little-to-no premium and attract clients away from their competition through mergers and acquisitions.

Regulators need to get cracking on Dodd-Frank rules, and the Fed needs a chairman who understands the impact of policies on the middle class.

Sandberg's book has highlighted the need for both men and women to sponsor high potential women and encourage them to take a seat at the table.

Widespread adoption of same-day settlement will level the competitive playing field for all financial institutions and allow account holders to benefit from expedited settlement.

With proposals afoot in both chambers of Congress, and President Obama moving the issue to the forefront, we can dramatically modernize our country’s housing finance system.

I hope we can all encourage our younger coworkers, our daughters and granddaughters, to see these opportunities and be ready to ascend to upper level management positions.

BankThink kicks off a new series in conjunction with American Banker Magazine’s annual Most Powerful Women in Banking issue.