PayThink

Listed below are five questions about the Federal Financial Institutions Examination Council compliance with the recent guidance.

Reasons why you should up the ante in your stress testing.

There are at least three ways to break a bank. Give him a little more time and Jamie Dimon may demonstrate all three of them.

All would be well advised to confine criticisms and recommendations to mitigating JPMorgan's systemic risk. What remain are decisions that affect stakeholders. The bank's owners have already spoken in favor of their CEO, and rightly so.

If we had a legal entity identifier in place could we have seen the problem building up? The short answer is yes.

Don't let a false impression chill freedom of speech: Misinformation from various sources could cause compliance officers to needlessly prohibit bankers from making perfectly legal campaign contributions, writes Mark Renaud.

Most of us in the banking community are seeking, after the crash, to rebuild trust, shareholder and client loyalty, businesses and lives. As time goes on and memories fade, we should remember the job is not finished.

Certain loans were well underwritten and structured, and are underperforming now solely because of job losses. Drastic approaches like modifications and refis are unnecessary to help these ordinarily creditworthy homeowners.

Traditionally Americans have opposed the establishment of single governmental body with jurisdiction over all aspects of the financial system. Instead we have favored a decentralized system with different regulatory agencies for different types of financial activities and institutions.

Prices garnered prior to the crisis have little in common with what banks are worth today or what they will likely be worth in the future. Yet boards and managers remain irrationally fixated on outdated, irrelevant valuations.