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March 5, 2013
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News for the retail banking industry

  Top Story 
  The CFPB Today 
  • Private lawsuits may piggyback on CFPB settlements
    Companies subject to the Consumer Financial Protection Bureau's regulation should prepare for that oversight as soon as possible, because they face not just enforcement actions from the agency, but also the risk of follow-on lawsuits from shareholders, write lawyers Michael W. Jahnke and Michael A. Thurman. Law.com/Corporate Counsel (3/4) LinkedInFacebookTwitterEmail this Story
  • Potential QRM rules worry consumer coalition
    The Coalition for Sensible Housing Policy is urging financial and housing regulators to stick closely to the Consumer Financial Protection Bureau's qualified-mortgage rules in shaping the qualified-residential mortgage rule. The group worries the qualified-residential mortgage rule could burden first-time and working-class homebuyers. The Hill/Reg Watch (3/4) LinkedInFacebookTwitterEmail this Story
  • Other News
  Industry News 
  The Future of Money 
  • Banks seek to guard against Twitter account hacks
    The recent hacking of Burger King's Twitter account has prompted more banks to try to mitigate the risks of social media, experts say. For example, Citigroup uses Sprinklr, a social media tool that allows marketers to manage their social media accounts without going directly through Twitter's site, among other safety measures, says Frank Eliason, global director of social media for Citi. AmericanBanker.com (free registration) (3/4) LinkedInFacebookTwitterEmail this Story
  Members in the News 
  • Citi CEO aims at better discipline and performance
    Citigroup CEO Michael Corbat is proposing more rigorous performance testing of executives, including scorecards that will rate managers in five categories. Regulators and politicians have charged that the bank is so large that it's nearly unmanageable, so Corbat's moves are aimed at improving accountability. The Wall Street Journal (3/4) LinkedInFacebookTwitterEmail this Story
  • Other News
  Career Development 
  • Do you know your personality type?
    You should learn to recognize your personality profile and the profiles of colleagues, says Shoya Zichy, who identifies four basic personality types. Once you learn your personality type and the strengths associated with it, don't be shy about bringing it up as a way to state your value. "If you work in a pretty crazy environment, you can say something about the fact that you're a good organizer and you're there to help keep them on track," Zichy says. USA Today (3/3) LinkedInFacebookTwitterEmail this Story
  CBA Connect 
  • CBA LIVE 2013: The Future of Money
      
    Are you ready for the Future of Money? CBA LIVE 2013, March 11-13 in Phoenix, Ariz., will bring together the top executives in retail banking to learn, exchange ideas and identify solutions to the challenges facing our industry. Our 2012 event was a record-breaking success with more than 1,000 banking leaders in attendance! Now in its fourth year, CBA LIVE features expert panels and distinguished speakers across nine forums of tailored programming. Reserve your space today and join us for this must-attend event. LinkedInFacebookTwitterEmail this Story

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  SmartQuote 
Concentrate all your thoughts upon the work at hand. The sun's rays do not burn until brought to a focus."
--Alexander Graham Bell,
Scottish-born American inventor


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