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Banks with Weak Deal Prospects Get Cold Shoulder

Demand for bank stocks is up this year, but Wall Street is showing reluctance to fund a certain kind of lender: Community banks with dim prospects for making acquisitions.
Serial Bank Buyers Lining Up Capital for New Deals
Customers Bancorp (Pa.) Postpones Its IPO
EverBank Again Reduces Share Price in Advance of IPO
Mergers & Acquisitions
Community Banking

Breaking News

FirstMerit to Slash Hundreds of Jobs 04:59PM ET

ECB Head, in Urging Greece to Stay, Opens Topic of Exit 04:42PM ET

First Financial Gains More Support in Battle with Stilwell 04:08PM ET

Lloyds Said to Suspend Two Traders Amid Libor Probe 03:54PM ET

UConn Hoops Coach Named to Berkshire Hills' Board 02:46PM ET

Central Bank in Minn. to Acquire Struggling Florida Lender 12:53PM ET

Deutsche Bank Largest Unsecured Creditor in ResCap Filing 12:06PM ET

Image: Bloomberg News

Wells Fargo Gets Day in Court on Overdraft

On Tuesday, Wells Fargo took its shot at overturning a landmark 2010 district court judgment against its overdraft fees and practices.
Banks at Risk as CFPB Probes Overdraft Practices
Some Bank Fees Are Immoral, Others Are Merely Annoying
Decision in Wells Suit Could Set Overdraft Precedent on 'High to Low'
Consumer Finance
Risk Management

BankThink

Community Banking

Image: Bloomberg News
Costco Mortgage Program Could Hit Legal Snag
Possible violations of state and federal laws could jeopardize Costco's mortgage partnership program with several small banks. Some lawyers believe Costco should become a registered mortgage broker to comply.

Regulation & Reform

Rep. Spencer Bachus (Image: Bloomberg News)
Bachus Defends JPMorgan Against Critics
"Unless the facts are diametrically different from what we've heard, there is no risk from this [$2 billion] loss to depositors or to taxpayers," Rep. Spencer Bachus said. "They remain a very profitable, viable institution."

National

Image[dquote] ThinkStock
Somali-Americans Withdraw Funds from U.S. Bancorp, Wells Fargo
Still unable to wire their money to family back home, many Somali-Americans in Minnesota recently lined up to withdraw their deposits from U.S. Bancorp and Wells Fargo or have vowed to do so soon.

Regulation & Reform

Comptroller Thomas Curry (Image: Bloomberg News)
'An Extraordinary Thing': OCC's Curry Sees Operational Risk as Top Concern
Operational risk has replaced credit risk as the major safety and soundness challenge for national banks, Comptroller Thomas Curry said at a speech in Washington on Wednesday.
Image: Bloomberg News

YouTube Helps Banks Make Business Clients the Stars

On YouTube, puppet shows are fine for consumers, but to appeal to businesses many banks are taking a more serious tone — and putting their own clients in the spotlight.
YouTube Casts a Spotlight on Banks' Social Media Challenges
Crisis Outreach: Small Bank Taps into YouTube
Technology
Community Banking

Risk Management

Big Banks Geared for Higher Rates
On the whole, large banks appear to have primed their books for a rebound in rates: levels of short-term assets relative to short-term liabilities are now higher than they have been during roughly the past decade.

Regulation & Reform

Sen. Bob Corker (Image: Bloomberg News)
CFPB Confidentiality Bill Runs into a One-Man Roadblock
Sen. Bob Corker acknowledged in an interview that he is delaying the bill, saying that he wants a larger package of technical changes to Dodd-Frank.

Consumer Finance

Brendan Coughlin, RBS Citizens' president of education finance
RBS Citizens Expands Private Student Lending Nationally
RBS Citizens Financial Group is expanding its private student loans business across the contiguous United States, the company announced on Tuesday.

Consumer Finance

Image: ThinkStock
Rodeos and Knife Fights: Bankers Try to Navigate the Card Industry's Frontiers
Banks are facing a Wild West atmosphere as they invest in a patchwork of new payments technologies, from prepaid cards to mobile payments, without any guarantees that they will pick the right one.

Bank Technology News

11th Annual Innovators of the Year
From social media analytics to cloud computing to context-aware computing to novel means of building applications, this year's financial services innovators are pushing the envelope.

American Banker Magazine

Trying to Stay Above Politics
Consumer Financial Protection Bureau director Richard Cordray discusses nonbank supervision, fair lending enforcement, and how the CFPB can settle into its role while being a political hot potato.

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    Board Reports
    A quarterly assessment of the key metrics that drive bank performance
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    Product Management
    Comparative analysis of deposit, loan, and investment product performance
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    Profitability Management
    Principal operating ratios that dissect non- and net-interest income and expenses
  • Regulatory
    Regulatory Reports
    A peer evaluation of compliance based on the primary regulatory metrics and ratios
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    Comprehensive assessment of capital, asset quality, liquidity and performance

Multimedia
Player Template for http://www.americanbanker.com
The Credit Card Industry's New Wild West

Mobile Banker

Will Devices for Mobile Payments Pass PCI Test?

Attaching readers to smartphones is an emerging way for merchant acquiring banks to extend digital payments to businesses. Before the market takes... more

Isis Mobile Payments Build Momentum with New Merchants

The mobile payments venture Isis has already signed some major banking companies to its smartphone-based payment system. Its newly announced... more

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IBM Executive Seminars - Chicago
May 17, 2012
Chicago Marriott Downtown Magnificent Mile, Chicago, IL
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May 21-22, 2012
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May 23, 2012
Park Hyatt Toronto, Toronto, Canada
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