French writer Jean-Baptiste Alphonse Karr once wrote, “The more things change, the more they remain the same.” Surely he was not speaking about banking, but it seems to be a universal truth. Once or twice a year, bank regulators will…
Protect Consumers, Don’t Harm Community Banks
Wells Fargo has been the poster child for years now for charging excessive fees. The bank is now in the hunt for its third CEO in as many years with both regulators and Congress keeping a watchful eye. So much…
Brokered Deposits – Reunited & it Feels so Good ♫
The comment period is officially over and we don’t really know yet what the outcome will be. But, based on the comments, which are available to the public we can make an educated guess. The Dodd-Frank Act directed the FDIC…
Brokered Deposits – “It’s Complicated”
Last week (JRN 36:16) we brought you through 1989 and the passage of FIRREA demonstrating how the relationship between brokers and bankers turned sour. This week, we’ll take a quick look at the next 20 years, beginning with the passage…