FSR In Focus

Insight from industry leaders, bringing color and scope to topics like cybersecurity, housing finance, regulatory tailoring, tax reform, economic growth, FinTech innovation, and more.

Calls to Renew Glass-Steagall: Nostalgic but Outdated Depression-Era Regulations Overlook Today’s Realities

July 21, 2015

This year’s edition of Sports IIlustrated’s “Where Are They Now” issues includes a piece by Steve Rushin noting how we as humans, and particularly sports fans, can fall into the habit of idealizing the past.

For some people, Muhammad Ali will always be the greatest boxing champion and Joe Montana will remain the epitome of what it means to be an NFL quarterback. Other athletes may compete and do well, but they are still compared unfavorably to the athletes who played when “the game was played the right way.”

The Advice Yield – How to Achieve the Best Deal for Savers

July 16, 2015

Benjamin Franklin famously said, “If you fail to plan, you are planning to fail!”

This philosophy is especially relevant to workers who are increasingly responsible for navigating their way to a financially secure retirement due to a decline in defined pension plans and the tenuous future of Social Security. This can be a daunting task for many who feel intimidated by the markets and fearful of making uninformed investment decisions that will dramatically shape their ability to retire with ease.

.BANK applications surpass 5K; Good news for banks, consumers

July 1, 2015

In less than a week, the .BANK domain has surpassed more than 5,000 applications from more than 2,100 institutions in the banking community. This is a more than 40 percent increase from the 3,000 applications we received in the first 10 minutes of the .BANK general availability registration opening.

Congress Leaves Town as Ex-Im Expires, U.S. Businesses & Economy Brace for Hit

June 30, 2015

If policymakers could pass a law that sustains and creates American jobs, supports American businesses from the smallest to the largest, keeps the U.S. in the driver’s seat of global trade ahead of China and Europe, and doesn’t cost the government money, common sense would suggest such a proposal would have near unanimous support.

Bank Executive: “I get excited to go to the office every single day”

June 30, 2015

Northern Trust Executive Vice President and General Counsel Susan Levy relishes her role at Northern Trust. Levy just marked her one year anniversary with Northern Trust in May, a job she took after serving as Managing Partner of Jenner & Block, a national law firm of 500 lawyers in four cities across the country. Levy started in Jenner & Block’s litigation department right out of law school; she became a partner in 1990 and Managing Partner in 2008.

Deception, Fraud and Social Media

June 24, 2015

“Card Cracking” is a growing social media scam that is becoming a massive problem for millions unsuspecting users on Twitter, Instagram and other social media tools, as well as financial institutions.

The scheme snares social media users by offering a tempting offer in exchange for the user’s debit card credentials, PINs and access to their online bank account profiles. In some scenarios, customers have lost as much as $20,000 to fraudsters.