PayThink

JPMorgan's trading loss should send shudders down the spine of shareholders, management and regulators. The once paragon of risk management has turned into a case study of what not to do.

The "not-for-charity" leg of the three-legged credit union motto is a bit like the fourth Ghostbuster; there, just not talked about much.

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.