All items from BankThink

What Will Happen to Jamie Dimon on Tuesday?

Following ample debate over whether JPMorgan Chase’s CEO should lose his chairman title, there’s no clear indication of how Tuesday’s shareholder vote will play out.



From BankThink
Posted 12 hours 51 min ago

Risk-Based Capital: The Good, the Bad and Mostly the Ugly

Use risk-based capital only as a supplement to a meaningful leverage test, combined with traditional judgment-based safety and soundness supervision.



From BankThink
Posted 15 hours 8 min ago

To Fight Laundering, Know Your Employees Along with Your Customer

Know-your-customer, an essential precaution, must be coupled with know-your-employees. A host of instances highlight the involvement of employees in fraudulent transactions – in most cases in league with customers.



From BankThink
Posted 19 hours 26 min ago

JPM ... Again; Subpoenas at SAC; Banks Behind on Mortgage Settlement Payments

Receiving Wide Coverage ...

JPM … Again: News outlet continue to closely monitor JPMorgan Chase ahead of Tuesday's shareholder vote on a proposal that could see Jamie Dimon stripped of his dual title as chairman and CEO. Dealbook reports the Council of Institutional Investors has asked the Securities and Exchange Commission "to intervene" after Broadridge, the firm that provides tabulations on these types of votes, stopped giving updates to the investors sponsoring the proposal, though the...



From BankThink
Posted 19 hours 39 min ago

JPM's Chairman-CEO Drama; The Best Housing Solution?

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



From BankThink
Posted 3 days 13 hours ago

What a Sucker Bet Says About JPMorgan

The Chairman/CEO split issue is a sideshow. No one has considered the troubling implications of a large, crazy, lucky bet the London Whale made the year before his infamous money-losing trades.



From BankThink
Posted 3 days 16 hours ago

Don't Be Fooled by GSEs' Record Profits

The return to profitability of Fannie Mae and Freddie Mac is not a reason to preserve them as part of a future housing finance system.



From BankThink
Posted 3 days 18 hours ago

Dodd-Frank Rollback, Pandit's Return, as JPM Turns

Receiving Wide Coverage ...

Deriving Pleasure: Too many price quotes will increase trading costs and reduce liquidity. That is the curious (if not spurious) story megabanks successfully stuck to in lobbying financial regulators to water down a key provision of the Dodd-Frank Act aimed at governing derivatives trading. The result was a 4-to-1 vote by the Commodity Futures Trading Commission on Thursday in favor of reducing the number of price quotes buyers must seek before conducting...



From BankThink
Posted 3 days 19 hours ago

GSE Critics Ignore Loan Performance

Loan performance data show the entire case against GSE underwriting standards, and their role in the financial crisis, is based on social stereotyping, smoke and mirrors, and little else.



From BankThink
Posted 3 days 19 hours ago

Want Tellers to Cross-Sell? Help Them Make a Quality Offer

Analyze data to tailor offers and draft sales pitches that customers, particularly those visiting branches, will have a hard time refusing.



From BankThink
Posted 4 days 16 hours ago