PayThink

Recent research by the Société historique Alphonse-Desjardins turned up a little-known U.S. publication in which Alphonse Desjardins played a discreet but important role.

Even free-marketeers must recognize initial conditions. The markets we have today are set up to invest in government-guaranteed mortgage-backed securities. To remove the guarantee without crippling damage would take decades.

The Financial Stability Oversight Council, designed under the 2010 Dodd-Frank Act to identify risks to the stability of the financial system, labeled Prudential Financial as a risky nonbank financial company last Thursday.

The bank isn't just a place to store your money. It's a place to store your data under lock and key, but available to all those with permission to use it.

Until banks' RWA disclosures improve and become more uniform globally, capital ratios will remain a mystery to many journalists, investors, banks and even some supervisors.

The Corker-Warner bill and House GOP bill both understand that the fundamental GSE model is insidious and needs to be definitively terminated.

Securing an economically and fiscally sensible approach to housing finance reform is taking a backseat to entrenched political views on both sides of the aisle.

With the July 16 confirmation of Richard Cordray, the Consumer Financial Protection Bureau is prepared to take an aggressive step forward in its third year.

Our model must change to reduce embedded friction, whether in the form of fees or complicated processes. We must keep up with the simplicity, usability and transparency customers now demand.

Banks must throw away their traditional thinking and acting like the newcomers in the business.