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March 7, 2013
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News for the retail banking industry

  Top Story 
  • Sen. Warren says Holder comment proves "too big to fail" must end: In response to remarks from U.S. Attorney General Eric Holder about the difficulties of prosecuting large banks, Sen. Elizabeth Warren, D-Mass., said such statements prove that "too-big-to-jail shows once again that it is past time to end too-big-to-fail." The Huffington Post (3/6) LinkedInFacebookTwitterEmail this Story
  Industry News 
  • Products for underbanked should offer control, expert says
    Economic or cultural barriers can keep some people underbanked, but financial institutions are increasingly offering products and services to reach this market. Providing customers with a sense of control over their finances is key to reaching this market, says Mark Schwanhausser of Javelin Strategy & Research. The next step is incorporating mobile banking features into those services. (free registration) (3/6) LinkedInFacebookTwitterEmail this Story
  Regulatory Report 
  • Progress on Dodd-Frank remains slow
    It's unlikely that final rules of the Dodd-Frank Act will be ready by July, three years after it became law, experts say. Only a third of the rules are finalized and the rest are bogged down in processes and politics, they say. "The timelines in Dodd-Frank were never realistic, in my opinion," said Mark Calabria, director of financial-regulation studies at the Cato Institute and a former staffer on the Senate banking committee. National Journal (3/6) LinkedInFacebookTwitterEmail this Story
  Legislative Affairs 
  • House passes $982B measure to prevent government shutdown
    House Republicans pushed through a measure aimed at keeping federal agencies operating by providing $982 billion in funds for the second half of the fiscal year. The current funding mechanism ends March 27. The House measure would keep in place across-the-board spending cuts, but Senate Democrats will likely try to change that. The Washington Post (3/6) LinkedInFacebookTwitterEmail this Story
  Career Development 
  • The tougher the road, the bigger the payoff
    Don't be ashamed if you feel like you're struggling; take it as a sign you're growing, Steven Snyder writes. Embrace your career struggle by seeking difficult assignments and absorbing negative feedback. Enhance your resilience by taking up daily and weekly practices that will keep you personally centered such as exercising or gardening, Snyder writes. CNN (3/6) 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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Scientific progress makes moral progress a necessity; for if man's power is increased, the checks that restrain him from abusing it must be strengthened."
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