Compliance

03:33 PM
Bryan Yurcan
Bryan Yurcan
Slideshows
Connect Directly
Facebook
Twitter
Google+
RSS
E-Mail
50%
50%

Mobile Payments, Regulatory Headaches and Slow Growth: Top Quotes of the Week in Banking

Every week in the financial services industry, there seems to be chatter about increasing regulatory pressure, the slow economy and the potential of mobile payments. This week is no different.
Previous
5 of 5
Next


5. Regulatory Rethink

We are not limiting our inquiry to the particular transactions at issue. We are assessing the adequacy of risk management throughout the bank.

—Thomas J. Curry, head of the Office of the Comptroller of the Currency, regarding that agency’s inquiry into risk management measures at JPMorgan Chase, after the bank’s infamous $2 billion-plus trading loss last month.

Source: Los Angeles Times

 

Bryan Yurcan is associate editor for Bank Systems and Technology. He has worked in various editorial capacities for newspapers and magazines for the past 8 years. After beginning his career as a municipal and courts reporter for daily newspapers in upstate New York, Bryan has ... View Full Bio

Previous
5 of 5
Next
Comment  | 
Print  | 
More Insights
Register for Bank Systems & Technology Newsletters
White Papers
Current Issue
Bank Systems & Technology - August 2014
Modern core systems are emerging as the foundations of effective channel integration and customer engagement initiatives.
Slideshows
Video
Bank Systems & Technology Radio