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.
June 08, 2012


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

Bank Systems & Technology encourages readers to engage in spirited, healthy debate, including taking us to task. However, Bank Systems & Technology moderates all comments posted to our site, and reserves the right to modify or remove any content that it determines to be derogatory, offensive, inflammatory, vulgar, irrelevant/off-topic, racist or obvious marketing/SPAM. Bank Systems & Technology further reserves the right to disable the profile of any commenter participating in said activities.

 
Disqus Tips To upload an avatar photo, first complete your Disqus profile. | Please read our commenting policy.
 
< Previous1 2 3 4 5 6 Next > 

< Previous1 2 3 4 5 6 Next >