A few weeks ago, I had the pleasure of presenting at AFP’s annual conference in Boston. The topic was how FinReg (Basel III and Dodd-Frank) is impacting banks – and how those effects are trickling down to corporate customers. The thesis is pretty straightforward: In an effort to head off future bank [...]
| |||||
Banks are continuing to tick people off. Lately, the complaints have centered on two things: the monthly fees that some banks are planning to charge for using the debit cards they were so anxious to give everyone and the recent stories that some banks are charging fees to allow people to deposit money. The New York [...] Last week,the New York Times ran a series of short op-eds in the “Room for Debate”section entitled, “Are Global Banking Rules ‘Anti-American’?” - a reference to the now famous reported run-in between JPMorgan’s Jamie Dimon and Mark Carney, Governor of the Bank of Canada,about Basel III - the pending package of rules that [...] Bank of America can’t seem to get itself out of the news. In this morning’s Wall Street Journal, there’s a story that the Fed has asked BofA for contingency plans in case conditions continue to worsen. It’s an interesting article, but for me,BofA’s issues point to a larger, more interesting issue than whether or not one [...] Last week,the Federal Reserve,the FDIC,and the Office of the Comptroller of the Currency (OCC) released the interagency Shared National Credits (SNC) Review for 2011. Better known to bankers as the “snick”report,the review provides a high level overview of the credit quality of syndicated loans that are at least $20mm in [...] | |||||
| Copyright ©2012 Quabbin Advisors - All Rights Reserved | |||||