All items from BankThink

Federal Reserve stress tests evaluate banks' ability to withstand severely adverse scenarios like the Great Recession. But the next downturn may pose different problems, according to Tony Hughes of Moody's Analytics.

From BankThink
Posted 19 hours 58 min ago

You might think overhead expenses as a percentage of average assets decline as institutions get bigger. You'd be wrong.

From BankThink
Posted 21 hours 58 min ago

Receiving Wide Coverage ...

CIT Goes Big: CIT Group's plan to buy OneWest Bank for $3.4 billion is a big deal in more ways than one. Not only is it the industry's biggest purchase since 2012, CIT would become "the world's first intentionally created SIFI" with $67 billion in assets, as noted by the Journal's John Carney. Investors are cheering CIT chief John Thain's decision to leap over the $50 billion asset threshold because the deal...

From BankThink
Posted 22 hours 58 min ago

People who lack easy and affordable access to traditional bank accounts can benefit from cryptocurrency services that allow them save on remittance fees, pay bills on time and stay liquid.

From BankThink
Posted 1 day 19 hours ago

Lenders are working to meet affordable housing needs by extending mortgages to borrowers with a broader range of credit scores and offering loans with lower down payments. But there's still more work to be done, according to Fannie Mae's Jeffery Hayward and Anne McCulloch.

From BankThink
Posted 1 day 21 hours ago

Breaking News This Morning ...

CIT Buying OneWest for $3.4 Billion: "CIT Group Inc., the business lender led by Wall Street veteran John Thain, said Tuesday it had reached a deal to buy the parent company of OneWest Bank NA for $3.4 billion, a move Mr. Thain called 'transformational.' " Wall Street Journal, New York Times Receiving Wide Coverage ... ...

From BankThink
Posted 1 day 22 hours ago

Dodd-Frank encourages the pursuit of financial stability at the expense of economic growth. Congress can fix the problem by amending the law so that regulators are required to balance both goals, writes Paul H. Kupiec of the American Enterprise Institute.

From BankThink
Posted 2 days 19 hours ago

Decisions about how to apply U.S. swaps trading rules abroad should be based less on fears of risk to the financial system and more on considerations of market integrity, according to attorney Timothy Karpoff.

From BankThink
Posted 2 days 21 hours ago

Wall Street Journal

New York Attorney General Eric Schneiderman isn't alone in his concerns about Barclays' dark pool activities. Trading firms including RBC Capital Markets and T. Rowe Price Group worried in the months before Schneiderman sued Barclays that their orders were getting subpar treatment on the dark pool because of high-frequency traders. What's more, "a number of Barclays employees privately expressed concerns to top stock-trading executives that the firm was giving high-frequency traders too much...

From BankThink
Posted 2 days 22 hours ago

Internal documents reveal that the crackdown is targeting banks, not merchants and processors, because it requires less investigation into the facts. That should anger all Americans who care about due process and the rule of law, writes ex-FDIC Chairman Bill Isaac.

From BankThink
Posted 5 days 21 hours ago