Regulation

When Women in Housing and Finance organized a send-off for John Bowman last week, only one person was missing: Bowman.

While the media and public at large have been hanging on every word from Federal Reserve Board Chairman Ben Bernanke lately, the remarks that drew the most attention last week didn't involve the economy or QE3.

The American Bankers Association announced its slate of candidates last week for officer positions for 2011-12, which will be considered at the group's annual convention in San Antonio next month.

The administration is introducing the American Jobs Act to Congress in attempt to alleviate the prolonged high levels of unemployment. The act includes payroll tax cuts, tax credits, extended jobless benefits, fixes for school infrastructure and road repairs.

While well intended, Dodd-Frank only tinkers with our supervisory and regulatory structure rather than making the hard but needed changes.

Regulators should not allow any more bank mergers if the resulting entity would exceed $100 billion in assets. The return is just not worth the risk.

New York bankers have indelible memories where they were and what they were doing during the terrorist attacks of 9/11. Whether working in a high rise down the street from the World Trade Center or attending a convention in the Rockies, each remembers how events of that day have shaped his life and world. Following are some of their reflections.

Efforts to track the money flow of criminals – in place before Sept. 11 — were almost totally revamped in the years following the attacks.

The Reserve Bank of India on September 7 proposed several recommendations it says could form the basis for certain new customer-service practices it might require Indian banks to adopt that would affect credit cardholders.

From the perspective of New York City's community bankers, 9/11 bred a new era of caution and governmental oversight that will not go away anytime soon.