Writer: Tom Bengtson

Bankers and politicians expressed distinct views about how to resolve the issues surrounding the spike in home mortgage loan foreclosures. [Continue]

It is always reassuring to get official confirmation of the obvious. The National Bureau of Economic Research declared earlier this month that the United States has been in recession since December 2007. [Continue]

Changes in the regulatory environment will make it more difficult for banks to rely on income from checking overdraft charges, said Robert Tetenbaum, executive vice president at First Manhattan Consulting Group of New York. [Continue]

Despite a faltering economy, community banks still have tremendous opportunity serving small businesses. [Continue]

The financial services industry has been through a lot in the last year, to say nothing of the last hundred. [Continue]

      When the U.S. Treasury announced its Capital Purchase Program on  Oct. 14, I wondered why it wanted to buy stock in commercial banks. Uncle Sam immediately put $125 billion up to buy preferred stock in nine of the country’s largest banks, and now it is setting aside another $125 billion to buy … Read more

Problems identified, responses considered at ABA convention. [Continue]

Chuck Wilson urged bankers to distinguish themselves from other providers of financial services by focusing on female customers. [Continue]

Three years ago, Fiserv announced Jeffrey Yabuki would take over as the company’s new president and CEO. Since its founding in 1984, the company has relied on acquisitions for growth, operating as many as 77 distinct business units. [Continue]

Regulators are asking bankers to make some very big decisions in a hurry with limited information. The situation has got to be making most bankers – typically pragmatic and analytical – uneasy. On Oct. 14, the FDIC said it will guarantee bank debt and raise the insurance coverage on certain transaction accounts. The measures are … Read more