News & Insights
Unified feed: Brian's Banking Blog + editorial posts.
BanksTighter Bank Oversight Rules Expected This Summer
U.S. regulators say that new proposals for tighter bank oversight rules to empower regulatory supervisors could be ready as soon as this summer.
5/23/2023Read →
BanksTreasury’s Yellen to Meet with Bank CEOs to Discuss Debt Ceiling Standoff
U.S Treasury Secretary Janey Yellen to meet with Bank Policy Institute board members to discuss debt ceiling standoff and bank crisis.
5/18/2023Read →
BanksNew CFPB Circular Warns Banks Against Unilaterally Reopening Closed Customer Accounts
CFPB says banks that reopen closed customer accounts to process overdrafts and other fees may be violating federal law.
5/17/2023Read →
Brian's BlogThe government’s response to COVID has had far worse consequences than they imagined…
The government’s response to COVID has had far worse consequences than they imagined. Historic bank failures, interest rate hikes, inflation, etc. But inflation has had BY FAR the biggest impact on average Americans. In most circumstances, inflation is a sort of invisible tax that disproportionately affects the poor.
bankingbanksus banks5/17/2023Read →
Brian's Banking BlogDimon: U.S. Debt Ceiling Crisis Prompted Creation of JPMorgan Chase “War Room”
As U.S. debt ceiling crisis continues, JPMorgan Chase's CEO confirms that his bank is meeting regularly to discuss options.
debt ceiling crisisdebt limtdefault5/16/2023Read →
BanksFDIC Proposal Taps Big Lenders for Deposit Insurance Fund Replenishment
FDIC proposal would see the nation’s largest banks pay most of the cost for replenishing the deposit insurance fund.
bankingbanksFDIC5/16/2023Read →
Brian's BlogWithin 5 years, core banking functions will be completely commoditized.
Here’s what that means for the future. When everyone has easy access to standardized, inexpensive, instantaneous ways of performing core functions (opening accounts, taking deposits, issuing loans, international transfers, etc.). Every bank will need to find new ways to compete.
bankingbanksinnovation5/12/2023Read →
Brian's BlogBanking used to be a scary world full of regulations that few wanted to enter.
Banking used to be a scary world full of regulations that few wanted to enter. Now fintechs are buying chartered banks to cut costs…. What happened? When a fintech builds their app, the only thing they need to be focused on is building an incredible app and growing their customer base.
APIbankcharterbanking5/11/2023Read →
BanksNew Fed Reports Point to Continuing Financial Risks for U.S. Economy
Two new Federal Reserve reports highlight the continuing financial risks confronting the banking sector and the U.S. economy.
bankingbanking crisisbanks5/11/2023Read →
Brian's BlogOpen banking might be the death of many banks,
Open banking might be the death of many banks, but there is 1 major exception… Banks that serve the middle market commercial customers.
bankingbanksopen banking5/10/2023Read →
Banking Knowledge BaseIn-Depth analysis of First Republic Bank
An in-depth analysis of how First Republic Bank found itself in a position to lose $176B in assets in just 1 Quarter. PDF available for download in the Featured section on my profile in Linkedin.
bankingbanksdata visualization5/10/2023Read →
Brian's BlogOpen banking has opened the floodgates to innovation.
An API for solopreneur plumbers that underwrites loans based on an algorithm analyzing their deposits and withdrawals and doesn’t need access to their tax returns. Another algorithm that can analyze high-risk payroll advances instantly. Qualifying for buy now, pay later. Tasks that once took hours of work to assess—now completely automated.
automationbankingbanks5/8/2023Read →