April 21, 2011
Improving the Economics of Small-Balance Accounts
Global financial inclusion surveys show that there are billions of low-income individuals who want a safe place to save, and evidence suggests that they are willing to pay for it....
April 21, 2011
The Blackstone Group Reports First Quarter 2011 Results
The Blackstone Group L.P. (NYSE: BX) today reported its first quarter 2011 results. Economic Net Income (“ENI”) was $568.1 million for the first quarter of 2011, an...
April 19, 2011
Deputy Secretary of the Treasury Defends CFPB
April 19, 2011 The following is an excerpt from remarks by Deputy Secretary Neal S. Wolin before Pew Charitable Trusts: “Fifth, critics suggest that the Consumer Financial Protection Bureau will...
April 11, 2011
The Behavioral Economics of Paying and Borrowing
Introduction Many Americans, feeling chunky and lethargic from their Thanksgiving to New Year’s Eve eating binges, will be making resolutions to exercise more and eat less during 2011. Some...
March 23, 2011
Debit Interchange and CFPB among 2011 Policy Priorities for ICBA
San Diego, Calif. (March 22, 2011)-The Independent Community Bankers of America (ICBA) today announced its top legislative and regulatory priorities for the coming year. ICBA made the announcement in San...
February 17, 2011
Testimony by Chairman Bernanke on implementation of the Dodd-Frank Act
Chairman Ben S. Bernanke Implementation of the Dodd-Frank Act Before the Committee on Banking, Housing, and Urban Affairs, U.S. Senate, Washington, D.C. February 17, 2011 Chairman Johnson, Ranking Member Shelby,...
February 07, 2011
Nudging from Debt: The Role of Behavioral Economics in Regulation
Click here to download this article as a PDF. As Harvard academics like Cass Sunstein and Elizabeth Warren have joined the regulatory ranks of the Obama Administration, “behavioral” economics has...
February 07, 2011
Protecting Branchless Banking Consumers: Policy Objectives and Regulatory Options
Click here to download this article as a PDF. Introduction As with conventionally delivered financial services, consumers using branchless banking services face risks and challenges as well as benefits....
January 18, 2011
The Behavioral Economics of Paying and Borrowing
Click here to download this article as a PDF. Introduction Many Americans, feeling chunky and lethargic from their Thanksgiving to New Year’s Eve eating binges, will be making resolutions...
