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A Huffington Post scoop describes serious morale problems at the Fed, but lays most of the blame for that on former Fed Chair Alan Greenspan. Editor-at-large Barbara A. Rehm sees it differently.
August 29
American Banker -
Bank regulators, enforcement authorities and legislatures in key countries will have to work together to enforce Basel's well-meaning guidelines related to money-laundering and terrorism financing.
August 29
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Incremental gains in women's progress are no longer a sufficient substitute for meaningful change.
August 29
American Banker -
The federal income tax exemption benefits credit union members and bank customers as credit unions provide a check on banks through their competitive rates and fees.
August 28
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The concept of using the payments stream to promote donations is compelling because it provides an easy way to link everyday consumer payments with charitable giving.
August 28
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The strength of America's financial system is a result of the diversity of its players, but that diversity wont survive if our nation continues down the path of one-size-fits-all regulatory reform.
August 28
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We need to secure a balance between literal enforcement of statistical conclusions and the actual intention of the bank and the real needs of underserved minority communities.
August 28
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A call to reassign GSE affordable housing goals to private securitizers ignores important changes in underwriting standards and the nature of federal mortgage guarantees in the conventional conforming market.
August 27
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If regulators have concluded that the largest banks are "too big to manage," then let's confront that head-on. But let's not target a bank and drag it down piece by piece.
August 27
American Banker -
History tells us that post-crisis reforms should increase confidence, but still allow regulated entities to innovate and prosper, all in support of a stronger economy.
August 27
Ludwig Advisors