ABA Banking Journal - January 2008 - (Page 3) Banking ABA JOURNAL Vol. C, No. 1 January 2008 www.ababj.com CONTENTS DEPARTMENTS BRIEFING Basel capital standards kick in, with Basel IA’s replacement in the wings . . . . . . . . . . . 7 Confused about Basel? Here’s what’s happening—and what’s not. Snapshot: C&D quality takes hit . . . 10 Mixed medley of fraud news . . . . . 12 Sleight of mind. . . . . . . . . . . . . . . . . 14 100TH Anniversary: Then and now . 14 ABA BJ unveils new website look . . . 8 FEATURES COVER STORY Keeping that hard hat handy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22 By Steve Cocheo. With the residential mortgage market being rocked by subprime lending turmoil, how is residential construction lending and commercial real estate surviving? Community bank lenders assess their local markets against the big picture. One verdict: “All real estate is local.” CARD STRATEGIES Now that they’re public … . . . . . . . . . . . . . . . . . . . . 28 By Lauren Bielski. MasterCard has been a public company for a year, Visa will go that way early in 2008. Does the move away from card assocation roots mean a shakeup for the consumer credit industry? Experts assess the latest payments system evolution. ABA RESOURCES . . . . . . . . . . . . . 17 COMMUNITY BANKING Pass the Aspirin . . . . . 20 How do you handle personal cell phones at work? Got headaches? Try www.passtheaspirinplus.com MERGERS & ACQUISITIONS REPORT The price is right, but who will buy? . . . . . . . . . . . . . 33 By Judson Harmon. Given construction-loan-related earnings depression, some banks may be a steal for international buyers. Will they come calling? TECH TOPICS New prospects for corporate customers . . 41 Web 2.0 will give corporate treasury and cash management services capabilities that stretch beyond the transaction. By Lauren Bielski INSURANCE REPORT Foreclosure fallout . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36 By Steve Cocheo. As if the subprime fiasco hasn’t been enough of a problem in and of itself, it may also cause trouble for bank insurance managers. And that’s just the beginning. A trend of class-action suits by various alleged victims of the subprime mess may affect D&O rates, and more. COMPLIANCE CLINIC Microstructuring: Dark side of today’s retail banking . . . . . . . . . . . . . 46 Big wash days come in little transactions. Mailbox . . . . . . . . . . . . . . . . . . . . . . . 47 DIGITAL MAGAZINE EXCLUSIVE: BANK-OWNED LIFE INSURANCE REPORT Your bank, your board, and the “BOLI” bear . . . . . . . . . . . . . . . . . . . . 38A By Jeffrey G. Lenhart and Christopher J. Honenberger. In a two-part report, two attorneys provide guidance on the ins and outs of bank-owned life insurance. Access the digital magazine—this month’s and our archives—at www.ababj.com COLUMNS Editor’s Column . . . . . . . . . . . . . . . . .4 Confidence needs to be led ABA Chairman’s Position . . . . . . .18 Your association, your priorities Banker’s Mart . . . . . . . . . . . . . . . . . .50 To advertise/Index of advertisers . . . .51 A new look for 2008 at www.ababj.com! The Economy . . . . . . . . . . . . . . . . . . .52 $90 a barrel? No worry By Carl Tannenbaum Coming in February’s print and digital magazines… And that’s not all. New features, new content, new feeds. • Dorothy Bridges, urban community banker • Where will 2008 deposits come from? • Does core processing still matter? • Military credit: Attention! to compliance See Briefing, p. 8 www.ababj.com/subscribe.html ABA BANKING JOURNAL/JANUARY 2008 3 http://www.ababj.com http://www.passtheaspirinplus.com http://www.ababj.com http://www.ababj.com http://www.ababj.com/subscribe.html
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