PayThink

The Supreme Court announced Monday it would hear a case that calls into question President Obama's recess appointments to the National Labor Relations Board.

The House and Senate banking panels are holding several hearings this week, including Consumer Financial Protection Bureau officials discussing the private student loan market and a planned look at "too big to fail" regulations.

The FTC's move to hold payment processors responsible for the deeds of unscrupulous merchants could result in higher prices or less choices for small businesses and consumers.

There’s no magic potion for providing low-income people with low-cost financial services. But the combination of technology, ingenuity and the capitalist incentive has solved many problems before.

Provide them with a basic understanding of the banking system, share your firm’s strategic vision and encourage communication between departments and affiliates.

At the CU-sponsored Cherry Blossom Run in Washington this spring, Janet Bawcom set a new U.S. record in the 10-mile. Meanwhile, in the same week during the World Ice Cream Eating Contest sponsored by Magnify Credit Union in Florida, Joey Chestnut set a new world record by knocking off almost 1.5 gallons of vanilla ice cream in six minutes. Incredibly, Mr. Chestnut looks like he could run in the Cherry Blossom event and no one would think him out of place.

Michael Detwiler, CEO of Mortgage Cadence LLC, explains why not to apply QM and QRM rules to community bank lenders.

More equity would enable banks to absorb more losses without becoming distressed or needing taxpayer support. Long-term debt is a poor substitute, particularly for the largest banks.

Two American Banker staffers who cover mergers and acquisitions have a confession to make. We sometimes get so enmeshed in the arcane numbers behind bank deals that we overlook what really makes them tick: the human element.

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