All items from BankThink

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



From BankThink
Posted 2 days 13 hours ago

Hacker groups like Anonymous have announced plans to target banks that are helping to finance ISIS and other terrorist organizations. But it is governments, banks and regulators that need to work harder at rooting out the sources of ISIS's funding.



From BankThink
Posted 2 days 15 hours ago

Hacker groups like Anonymous have announced plans to target banks that are helping to finance ISIS and other terrorist organizations. But it is governments, banks and regulators that need to work harder at rooting out the sources of ISIS's funding.



From BankThink
Posted 2 days 15 hours ago

Former Miss America Bess Myerson helped overhaul Citi's consumer loan contracts in the 1970s. Then she turned her attention to cleaning up the bank's collections unit.



From BankThink
Posted 2 days 17 hours ago

Receiving Wide Coverage ...

Canadian Invasion: The Wall Street Journal, Financial Times and Reuters (via the New York Times) all take a closer look at Royal Bank of Canada's decision to acquire City National in Los Angeles. RBC may have stubbed its toe in its previous American incursion with RBC Centura (which it later sold to PNC), but City National is a different play. The California bank has a big presence in wealth management, particularly managing...



From BankThink
Posted 2 days 18 hours ago

As a consultant to Citibank in the 1970s, former Miss America Bess Myerson helped spearhead landmark consumer reforms Â-- including the first plain-language agreement in the financial services industry.



From BankThink
Posted 3 days 15 hours ago

Even if arbitration does turn out to be beneficial for many consumers, Americans should not lose their constitutional right to a day in court without being aware that they are doing so.



From BankThink
Posted 3 days 17 hours ago

Breaking News This Morning ...

Earnings: KeyCorp, Huntington, BB&T, BankUnited Receiving Wide Coverage ...

European QE: The European Central Bank is expected to launch a quantitative-easing program that could include the purchase of about 50 billion euros worth of bonds each month (equivalent to about $58 billion). Europe hasn't embarked on a QE program during the recent years of economic tumult. But the state of the continent's fragile economy prompted the move, said Matteo Renzi, Italy's prime minister....



From BankThink
Posted 3 days 18 hours ago

This year, electronic trading will finally come to the bond market and more banks will adopt technologies that harness social media to flag potentially fraudulent customers.



From BankThink
Posted 4 days 15 hours ago

The federal government's recent decisions to lower annual premiums for new borrowers and reduce down payment requirements suggest it has little interest in making room for private capital in the mortgage market.



From BankThink
Posted 4 days 17 hours ago