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All Pain, No Gain

Independent Banker

Community bankers offer real-world reasons for more Basel III relief. Nearly one year after the Basel III capital rules went into effect, community bankers say that now recognize just how much more complex and how much more difficult this new set of capital rules will make life and business for them if they remain in place.

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From Farce to Menace

Independent Banker

Talk about your captive regulator! Last month the NCUA’s sweeping, 167-page proposal to hand federal credit unions virtually unlimited freedom to serve almost any person of any means anywhere rightly drew an avalanche of letters from infuriated community bankers. When credit unions say “jump,” the NCUA says, “how high?”.

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How the OCC is building Crypto America

Lex Sokolin

If you are a financial advisor or a trust company, you have missed out on $1 trillion in capital appreciation for your customers. And that the capital appreciation that matters?—?cementing American financial regulation is an alphabet soup, and has grown out of politics and crises. Here it is. Don’t get us wrong.

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How the OCC is building Crypto America

Lex Sokolin

If you are a financial advisor or a trust company, you have missed out on $1 trillion in capital appreciation for your customers. And that the capital appreciation that matters?—?cementing American financial regulation is an alphabet soup, and has grown out of politics and crises. Here it is. Don’t get us wrong.

America 52
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Chime, Uniswap, and the future of finance could soon struggle

Lex Sokolin

To the extent it pipes people to banking product, that goes to a $500 million market capitalization public company that makes prepaid cards. This generated a good $6 billion of revenue in 2016, though that number is likely further compressed given attempts at regulating this sector. Just referring customers to capital sources.

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