All items from BankThink

Rigid state licensing laws have compelled some payments startups to partner with licensed money transmitters in order to get their programs off the ground. That's a good thing.



From BankThink
Posted 4 hours 25 min ago

The government conservatorship of Fannie Mae and Freddie Mac was never meant to authorize lasting control over the housing sector, according to one of the people who advised Congress on the Housing and Economic Recovery Act.



From BankThink
Posted 6 hours 25 min ago

Receiving Wide Coverage ...

Fed's New Patience?: Looking ahead to the Federal Reserve's monetary policy statement this afternoon and Fed Chair Janet Yellen's briefing, the Wall Street Journal and the New York Times offer contrasting views on the million-dollar question of when rates could rise. The Journal says the Fed and Yellen may very well drop from the official statement that the Federal Open Market Committee expects to keep short-term rates near zero for "a considerable...



From BankThink
Posted 7 hours 34 min ago

Size-based regulation is designed to curb banks' appetite for growth. This will affect every operational and strategic decision that banks make going forward.



From BankThink
Posted 1 day 4 hours ago

The latest series of bank settlements over alleged attempts to manipulate the foreign exchange market suggests that lenders need to set about pruning the ranks of problem employees and retraining those who remain.



From BankThink
Posted 1 day 6 hours ago

Receiving Wide Coverage ...

British Stress-Testing: One bank, Co-operative Bank, failed the Bank of England's stress test, while Royal Bank of Scotland and Lloyds Banking Group passed...but barely . The tests were "demanding," but the results show British banks are "significantly more resilient" than last year, Bank of England Governor Mark Carney said. RBS and Lloyds' results were made more palatable by the fact that both have already installed programs to boost their capital levels (although...



From BankThink
Posted 1 day 7 hours ago

Cliff Rosenthal left his credit union colleagues behind to become assistant director of the CFPB in 2012. He found an energetic, dedicated agency under attack from political opponents and hampered by institutional hubris.



From BankThink
Posted 2 days 4 hours ago

Receiving Wide Coverage ...

PetSmart's Debt Financing: That whole thing about regulators cracking down on big banks for providing too much debt-financing in takeover deals? Eh, who cares? Citigroup is one of five banks that's underwriting billions of dollars in in debt to help finance the $8.7 billion private-equity acquisition of retailer PetSmart led by BC Partners. The debt in the PetSmart deal, in the most recent negotiations, equates to more than six times cash flow....



From BankThink
Posted 2 days 7 hours ago

The blatant mischaracterization of Federal Deposit Insurance Corp. communications in a House Oversight Committee report undercuts the aim of the investigation into regulatory scrutiny of bank-payday lending relationships.



From BankThink
Posted 3 days 6 hours ago

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



From BankThink
Posted 5 days 4 hours ago