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Bank Earnings Are Toast – It’s Time to Take Bold Action

Gonzobanker

Using quarterly comparisons from last year’s performance, we forecasted each bank’s income statement as follows: Net interest margin contracted by 15 basis points Non-interest income declined 15% Loan loss provisions increased by 350% from the same quarter last year. They may be looking for a dance partner or hiding from a regulator.

Lending 103
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Fighting Scams and Authorized Push Payment Fraud in the US

FICO

US regulators seem poised to update the status quo for bank liability for authorized user/authorized push payment fraud, but just how big is the potential? You never know when you’ll get a text from your leadership about testifying in front of the Senate! Neither the banks nor the regulators disagree about the scope of the problem.

Fraud 52