What We're Reading
Industry reads hand-picked by our editors
Jun 13, 2025
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CNBC
Fed’s inspector general is reviewing Trump administration’s moves to dismantle CFPB
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Bloomberg
BPCE to Buy Lone Star’s Novo Banco in €6.4 Billion Deal
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American Banker
NCUA’s power, 1978 law at center of board firing case
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Financial Times
Spies, lies and anonymous tips: the secret Credit Suisse files on Greensill Capital
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The Wall Street Journal
Walmart and Amazon Are Exploring Issuing Their Own Stablecoins
Jun 12, 2025
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American Banker
Is third time the charm for Basel III endgame?
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Bloomberg
Citi, Carlyle Partner Up to Lend And Invest in Fintech Startups
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CNBC
Trump calls Fed chief Powell ‘numbskull’ as he urges interest rate cut
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Reuters
SEC, CFTC push through last-minute delay to new private fund reporting rules
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Bloomberg Law
Financial Companies Push Trump’s CFPB to Undo More Settlements
Jun 11, 2025
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American Banker
CFPB lawsuit hinges on Trump’s ‘faithful’ execution of laws
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Financial Times
European banks spend €1.1bn axing senior staff
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Business Insider
Goldman Sachs CEO David Solomon to interns: ‘The only constant is change.’
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Bloomberg
Bessent Emerging as a Contender to Succeed Fed’s Powell
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CNBC
Vance joins Trump in bashing Powell, says Fed committing ‘monetary malpractice’
Jun 10, 2025
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Bloomberg
Banks Want Staff Back at the Office. There Aren’t Enough Desks
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American Banker
Some of the costliest bank failures have one thing in common
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Law360
Analysis: CFPB’s Guidance Withdrawal Deepens Industry Uncertainty
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Reuters
Societe Generale to launch dollar-pegged stablecoin
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CNBC
Crypto CEO accused of laundering $500 million linked to sanctioned Russian banks
Jun 09, 2025
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The Boston Globe
JPMorgan, Citizens duke it out over First Republic’s old customer base
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Bloomberg
Barclays Cuts More Than 200 Investment Bank Jobs to Reduce Costs
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American Banker
Bucking the trend: Why one credit union became a bank
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CNBC
UK finance watchdog teams up with Nvidia to let banks experiment with AI
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The Wall Street Journal
Businesses Are Bingeing on Crypto, Dialing Up the Market’s Risks
Jun 06, 2025
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Financial Times
JPMorgan says it will fire analysts who accept future-dated job offers elsewhere
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CNBC
Swiss government wants UBS to hold $26 billion in extra capital
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American Banker
Ohio bank dismisses its CEO, expands chairman’s duties
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Bloomberg Law
CFPB Stifling Money on Hand as GOP Lawmakers Eye Full Defunding
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Reuters
HSBC chair Tucker to return to Asia insurer AIA after overseeing bank overhaul
Jun 05, 2025
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American Banker
How Truist and Western Alliance deploy AI to fight fraud
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Bloomberg
Senate GOP Plans to Boost CFPB Scrutiny, Cut Fed Employee Pay
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Reuters
Citi to cut 3,500 tech jobs in China in global revamp
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Law360
Lineage Bank Denies Duty In $85M Fintech Collapse Suit
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Financial Times
Santander scraps plan to appoint executive under criminal investigation