Attion

Attion Consulting advises banks, RIAs, fintechs, and funds on strategy, execution, compliance and governance.. Founder & Tweeter in Chief: @AlysonLStone

[Bankeration @bankeration]

The Fed releases stablecoin rules, yields climb, AI threats abound, and the 6th bank failure of 2026 — all in a 5-minute read. https://t.co/9Tqj6EL2CA #banking #banknews #financenews

[Bankeration @bankeration]

Earnings rise, rates jump, crypto rallies, the OCC and FDIC overhaul MRAs, and economic superstars descend on Jackson Hole – all in a 5-minute read. https://t.co/XYQ5tH40BP #banking #bankingnews #financenews

[Bankeration @bankeration]

1/ Something I forgot to say: there’s nothing stopping today’s stablecoin providers from issuing new tokens to satisfy new accounting rules. I think that angle is being overlooked. Waiting on The Clearing House is not the safe bet it used to be. #stablecoins #tokenizeddeposits

[Bankeration @bankeration]

Accounting rules for stablecoins, rates go for a ride, a fintech tops the bank reputation rankings, and the SEC and Treasury propose new crypto rules – all in a 5-minute read. https://t.co/4oOQnqbyyy #banking #bankingnews #financenews

[Bankeration @bankeration]

A glorious SPAC deal is abandoned, the SEC hesitates, de novo reform charges forward, NYSDFS breaks the fourth wall – all in a 6-minute read. https://t.co/JITgJSbKXb #banking #bankingnews #financenews

[Bankeration @bankeration]

The Supreme Court Slaughters and Cooks, the FFIEC wants de novos, Open Standard announces plans for a new stablecoin – all in a 5-minute read. https://t.co/RC6cIVLiNL #banking #bankingnews #financenews

[Attion @AttionCo]

@khaslett @attion Thanks Kiah! I know there are sexier things to talk about in crypto, but the actual real-time pmt use case for most of humanity is paying a local authority an outstanding debt before a background check / contempt of court decision. And those payees only accept cash equivalents

[Attion @AttionCo]

@khaslett Looks like November is the target date for final rules: https://t.co/HRx3eUjjsB

[Attion @AttionCo]

@khaslett Compromise is dead. Lolol. My money is on the OCC having a final rule by 9/20 and staying on schedule. Someone will sue no matter what they do - the comment letter positions are mostly unreconcilable. My bet: a big winner on white label + minor refinements to the proposed rule.

[Attion @AttionCo]

@Laketownba58911 @AlexH_Johnson Do they? Or are they going to book fees by originating and offloading loans? Edmond Safra’s model (Republic Natl Bank) was different - he took a slim NIM on the banking business and multiplied it through his trading operations. But it’s another loan-light model that worked well.

[Attion @AttionCo]

@credistick @AlexH_Johnson Less than 1 year to operating profitability is solid, especially for a bank. But this is what is possible when you don’t need to artificially stunt growth to get charter approval.

[Attion @AttionCo]

Excellent idea. This could make life easier for banks and fintechs alike. https://t.co/vYyeXSV6CV

[Attion @AttionCo]

@khaslett I truly believe we need some regulatory scheme for crypto. Even if it’s perceived as light. The next FTX is surely already in operation. If it blows up tomorrow, no one owns the ball. If it has a regulator, then we get at least some accountability and subsequent rule refinement.

[Attion @AttionCo]

@khaslett Someone somewhere in that chain might read Call Reports. Or decide to pull one up once a friend starts asking questions. So in that way they eventually enter the fray. But otherwise it’s largely signal watching.

[Attion @AttionCo]

@khaslett In financial centers (e.g., NYC), everyone has a hot shot IB/PE/WM contact they check things out with. In other states, too, but in NY it’s just super prevalent. So the bad news comes, the stock drops, and then they turn to the hot shot and say: what do you think?

[Attion @AttionCo]

@khaslett Once concerned, they watch the stock. Because if the smart guys on Wall Street are concerned, then maybe they should be too.

[Attion @AttionCo]

@khaslett You can probably make a broad comment that the Attentive UD in any state in the nation is aware of the health of the local CRE market and local economy. And will start to pay more attention to their banks if either takes a turn for the worse. Primary source: golf course.

[Attion @AttionCo]

@khaslett Institutionals monitor call reports and ask for explanations. Your “attentive middle market uninsured depositor” (usually a fiduciary or self made with their wealth primarily in their business) does not read call reports. They read the Wall Street Journal & watch business news.

[Attion @AttionCo]

@SMatteoMiller @khaslett 100% correct. And to follow my earlier comment, non-institutional large depositors follow the stock price as much as anything else, and find it persuasive.