Links in “Banks”
- Help Wanted: Toughest Compliance Job on the Planet?
JPMorgan Chase's chief compliance officer just left after a year on the job. The lenders legal and regulatory battles last year led to more than $23 billion in settlements. [2/26]
- Next Target: Group Says Bank Takes Better Care of Foreclosed Houses in White Neighborhoods
National Fair Housing Alliance files complaint against Deutsche Bank alleging that foreclosed houses it manages in black and Latino neighborhoods had more broken windows and trash in the yards in three cities it investigated. This is the third bank the group has filed similar complaints against. [2/26]
- What Happened to NB Hot List?
Here's the scoop on what happened to NB Hot List and what you can look forward to in Risk InboX. [2/26]
- Bitcoin Takes Massive Credibility Hit With Disappearance of Mt. Gox
Mt. Gox, once the top platform for trading Bitcoin, suspends transactions. The wider virtual currency industry is seeking to distance itself from Mt. Gox and reassure the market about the future of the industry. [2/25]
- Industry Group Urges House Support of Flood Act
ABA's letter to members of the House of Representatives urges support of the Homeowner Flood Insurance Affordability Act. [2/25]
- Self-Reported RESPA Violations Results in Softened Penalties?
Connecticut mortgage lender self-reported potential RESPA violations and reaches a $83,000 settlement with CFPB. [2/25]
- Rumors of the Demise of Community Banks’ Small Business Lending Have Been Greatly Exaggerated
Despite reports that large banks are crushing community banks in small-business lending, the facts are that almost 60 percent of small business loans are provided by institutions with less than $10 billion in assets. [2/25]
- Two-Factor Authentication Coming to HSBC
In the wake of retailer security breaches, HSBC will begin offering its customers two-factor authentication, available either as a small hardware device and a mobile app download, which will give online banking customers a unique code to enter each time they log in. [2/25]
- New York Seeking to Regulate Bitcoin Without Driving Away Business
NY's State Department of Financial Services is seeking to build a regulatory framework to virtual currencies by the end of the year. Here is a recap of where things stand now. [2/24]
- Grappling with Declining Net Interest Margins
What's happening to banks in central Massachusetts can be said about institutions throughout the country seeking to earn revenues in an era of slim interest rate margins and a regulatory agency closely scrutinizing efforts of banks to raise funds elsewhere. [2/24]




