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Bank Technology News January 2011 |
Overdraft Rules, Part II: Interpreting the Ambiguous Guidance The FDIC's new guidance on overdraft protection programs (FIL 81-2010) has left institutions, and technology vendors that support them, with many more questions than answers when it comes to implementation. |
Bank Technology News March 2011 Rebecca Sausner |
Keeping Legal Busts The IT Budget Compliance with all regulations, particularly from a technology perspective, is going to cost far more than most banks are planning on spending. |
U.S. Banker March 2011 John Engen |
Fed Up Bankers upset with a proposal to slash debit interchange fees are lobbying Congress and plotting survival strategies. Only TCF s Bill Cooper has been bold enough to take the Federal Reserve to court. |
Bank Systems & Technology January 6, 2009 Katherine Burger |
Bank Technology Outlook 2009: Risky Business Topics and trends that will set the tone for banking technology decision makers in 2009, with risk management and regulation compliance looming large. |
U.S. Banker February 2010 Steven Sloan |
Community Banks Sound Off on Pay Plan The Fed wants more control over executive pay, but many are arguing that smaller institutions should be exempt from the proposed rules. |
BusinessWeek May 20, 2010 Schmidt & Mattingly |
A Wall Street Sheriff with Fewer Bullets The FDIC's Bair is losing out to the Fed in the regulatory overhaul |
U.S. Banker September 2010 |
Noted & Noteworthy There's never been much love lost between the American Bankers Association and the Independent Community Bankers of America, and the fierce debate over regulatory reform has only escalated tensions. |
Bank Systems & Technology November 11, 2009 Maria Bruno-Britz |
Banking Groups React to Sen. Dodd's Draft Regulatory Legislation With a Big 'No' Although organizations approve of the Senate's efforts, they say it goes too far in undermining those aspects of financial services that actually work. |
Bank Director 2nd Quarter 2011 Jack Milligan |
2011 Acquire Or Be Acquired Record crowd hears predictions of huge consolidation to come and focuses on growth and regulatory challenges. |
Bank Systems & Technology May 28, 2009 Maria Bruno-Britz |
U.S. Banking Sector One Step Closer to Super Regulator Reports indicate that plans may be in the works to consolidate the current array of financial services regulatory agencies into one body. |
Registered Rep. March 2, 2010 Kristen French |
Senate Nears Deal, Consumer Protection At The Fed Circulated Monday by Chris Dodd, Senate banking committee chairman, the latest proposal would house a semi-autonomous consumer protection agency inside of the Federal Reserve, according a story in the Financial Times. |
Bank Director 3rd Quarter 2009 Jack Milligan |
In Banking, Judgment Counts Does an experienced banker necessarily make for a good bank director? Citigroup and Bank of America Corp. are about to find out, bowing to pressure from federal banking regulators to recruit veteran bankers and finance experts to serve as independent directors on their boards. |
Bank Technology News January 2011 Michael Sisk |
A Real Rough Draft from The FDIC Regulators are targeting overdraft again, with the FDIC issuing final guidance for overdraft payment programs that will challenge banks to adapt their processes, systems and products by the July 1 deadline. |
Bank Systems & Technology November 20, 2008 Orla O'Sullivan |
IT Recruitment Not a Problem, Independent Community Bankers of America Survey Finds According to a June survey by the Independent Community Bankers of America, just 12 percent of community bankers rate IT recruitment as a problem. |
The Motley Fool October 24, 2011 Rebecca Lipman |
Financial Regulations: Obama Takes Another Swing at Big Banks Obama nominates former Federal Reserve bank president to FDIC. |
U.S. Banker December 2010 Glen Fest |
What Exemption? Many thought leaving out small banks from rate caps was unworkable. With no word yet from card networks on a 2011 plan, the carveout could already be moot. |
U.S. Banker February 2011 Alan Kline |
One Senator's Plan For Cutting Red Tape It's not getting much attention, but Virginia Sen. Mark Warner's proposal for easing the regulatory burden on U.S. businesses might be one of the most intriguing ideas coming out of Washington these days. |
Bank Director 4th Quarter 2010 John R. Engen |
Back in the Saddle Former FDIC chairman Bill Isaac has taken the reins as the new chairman of Fifth Third Bancorp. Here, he talks about his career, growing the bank, and why, in his view, Dodd-Frank is an unmitigated disaster. |
Bank Director 4th Quarter 2009 Bert Ely |
The Outlook for the FDIC's Deposit Insurance Fund An outline of what bank directors need to know about the FDIC insurance fund reform. |
U.S. Banker January 2010 |
What's On Bankers' Minds? Seven banking CEOs took a break to talk about the state of their industry as it fights through the worst recession in decades. |
U.S. Banker May 2005 Lee Conrad |
As Industry Collects Billions, Consumers Cry Foul Consumer groups say some banks encourage customers to overextend themselves. Though regulators have stepped in to halt misleading overdraft-protection practices, advocates warn it's not enough. |
U.S. Banker November 2009 |
Consolidation Will Happen, But It Will Take a While There s little debate that the industry needs to shrink, but are enough buyers out there willing and able to swallow 1,500 to 3,000 banks? |
U.S. Banker August 2010 Alan Kline |
A Misguided Swipe at Fees Critics of regulatory reform might say that many of its provisions don't go far enough in reining in banks or protecting consumers. As is, this is one that goes way too far. |
U.S. Banker August 2010 Bill Byerly |
In Defense of Startups That the FDIC should determine how many banks exist is ludicrous. |
BusinessWeek September 30, 2009 Theo Francis |
The FDIC's Gift to Banks The FDIC's plan to raise roughly $45 billion to help dodge a cash crunch also offers a way for financial firms to boost capital and profits. |
FDIC FYI July 30, 2002 |
The Rise of Risk Management: Basel and Beyond This article outlines the agenda of a symposium on bank risk management systems, including their performance, the challenges posed by the new Basel Capital Accord, and the issues raised by the move toward risk management-based bank regulation. |
CFO March 1, 2007 Rob Garver |
Nothing to Bank On Bank executives will undoubtedly spend much of the next year assessing the likelihood and impact of new rules, while at the same time trying to keep earnings growth on its upward trend. |
U.S. Banker August 2001 Robert A. Bennett |
A Clear Perspective Needed at FDIC But the new chairman has shown little indication he has one. In fact, he seems to oppose his predecessor's view that reform should be achieved in a single package. |
Bank Systems & Technology June 1, 2005 Ivan Schneider |
If You Can't Beat 'Em, Join 'Em A new bill introduced by a senior member of the House Financial Services Committee would relax regulations for smaller community banks and also reduce their tax liability. |
FDIC FYI May 30, 2002 |
Financial Transparency and Regulatory Policy The importance of financial transparency and investor confidence in financial markets can hardly be overstated in the current environment... |
The Motley Fool September 30, 2009 Morgan Housel |
How Not to Solve a Banking Crisis The FDIC's latest proposal just kicks the pain down the road. |
U.S. Banker September 2010 Alan Kline |
Be Careful What You Wish For While the mission to lower the cost of financial services for low- and moderate-income consumers is admirable, there's concern among some industry observers that tactics could backfire and wind up driving many people out of the financial mainstream. |
U.S. Banker May 2010 Rob Garver |
No Regulatory Relief in Sight Five new rules have taken effect since Jan. 1 and at least eight more are on the way. The onslaught is posing immense challenges for banks trying to keep up. |
Bank Director 1st Quarter 2010 Jack Milligan |
Winds of Change These are truly challenging times for banks, and for bank directors. A weak U.S. economy has made it difficult for most institutions to find enough good lending opportunities to go around. |
U.S. Banker January 2002 |
Letters to The Editor Guenther of ICBA Calls Fed Role in Payments Critical... Put Loan Risk Where it Belongs... Calling Me Names? Then Call Me First... etc. |
The Motley Fool May 24, 2010 Moscovitz & Koppenheffer |
Wall Street Reform: The Good, the Meh, and the Ugly A Foolish take on what's in the Senate bill. |
Bank Technology News May 2011 Shane Kite |
Gaming Overdraft Vendors and banks are trying to turn compliance with recently revised FDIC guidance on customer overdraft notifications into new revenue opportunities for banks. |
Investment Advisor December 2009 Melanie Waddell |
Danger & Opportunity: Staggering Toward Reform Investor Protection Act passes with lots of fiduciary-related amendments; action on Dodd not likely until 2010. |
U.S. Banker October 2007 Karen Krebsbach |
Doing the Regulatory Revamp Dance America's bank-regulatory system is once again under the microscope, but for the first time in decades, it is under serious consideration for reorganization. |
U.S. Banker June 2011 Joe Adler |
The Feds Are Coming New directors and officers coverage protects nonbank financial services directors pay from government clawbacks -- making the idea of FDIC nonbank seizures not so abstract. |
U.S. Banker February 2009 Anthony Malakian |
Community Banks Paying for Bigger Brothers' Sins Community bankers have many reasons to be pessimistic about 2009, including the added pressure of the Federal Deposit Insurance Corporation raising the risk-based assessment rates in order to restore the Deposit Insurance Fund. |
BusinessWeek August 26, 2010 James Sterngold |
Let a Thousand Regulators Bloom As agencies begin rewiring Wall Street, job openings abound. |
Bank Director 3rd Quarter 2009 TK Kerstetter |
A Tribute to Bill Seidman Bank Director honors its late publisher, supporter, and friend, Bill Seidman, who passed away this year. |
CFO November 1, 2010 Vincent Ryan |
Making Sense of Bank Reform The Dodd-Frank Act is arguably as inscrutable as the institutions and instruments it is supposed to fix. |
Bank Director 4th Quarter 2010 John R. Engen |
Welcome to the Great Unknown The ink is dry on Dodd-Frank, and now bank executives and board members are cracking open the 2,300-page rulebook to try to discern what it all means for the industry going forward. |
U.S. Banker December 2009 |
Back Porch Select quotes from the world of financial services from: Rahm Emanuel... Mervyn King... William Cooper... Cathy Nash... William Enholm... Kelly King... Chris Larsen... Dan Rollins... |
FDIC FYI November 5, 2003 |
Financial Education in a Dynamic Banking Environment While consumer credit is more available than ever, technological advances and an array of new consumer products and services have made modern banking more complex. In this arena, it is more important than ever for consumers to be educated about their rights and options regarding financial offerings. |
Inc. January 2006 Dan Ackman |
Looking for Account Ability As with any start-up you work with, a de novo bank requires careful vetting. |
CFO April 1, 2011 Vincent Ryan |
The Big Fail Despite the reach of Dodd-Frank, the "too-big-to-fail" bank dilemma lives on. |
OCC Bulletin April 6, 2005 |
Overdraft Protection Programs Interagency guidance on overdraft protection programs covers safety and soundness considerations, legal risks, and best practices. |