What We're Reading
Industry reads hand-picked by our editors
Dec 04, 2020
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Bloomberg Law
Wells Fargo Bank Loses Bid to Dismiss Civil Rights Claims
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The Wall Street Journal
Dividends Aren't Always a Reliable Guide to Bank Health
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CNBC
JPMorgan is buying fintech start-up 55ip to help financial advisors offer tax-efficient portfolios
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Bloomberg
Waller Confirmed for Fed With Shelton's Nomination Still in Limbo
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Reuters
U.S. regulatory panel warns pandemic driving 'elevated' financial risks
Dec 03, 2020
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The New York Times
1 Percent of P.P.P. Borrowers Got Over One-Quarter of the Loan Money
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Bloomberg Law
Citizens Must Face CFPB Credit Card Lawsuit, Court Says
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American Banker
A fintech's novel bank charter application draws industry's ire
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Reuters
Burner phones and banking apps: Meet the Chinese 'brokers' laundering Mexican drug money
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Financial Times
Cerberus pushed to install Colm Kelleher as Deutsche Bank chair
Dec 02, 2020
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Bloomberg
Gary Cohn Plays Hardball With Goldman to Defend Millions in Pay Over 1MDB Scandal
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Financial Times
Citi's next CEO Jane Fraser on regulators, Covid and breaking the gender barrier
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American Banker
Banks' net interest margins plunged to record lows in 3Q
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Reuters
U.S. CFTC issues record number of enforcement actions, as fines remain largely flat
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The Wall Street Journal
Pausing Loan Payments During Coronavirus Is Producing Uneven Results
Dec 01, 2020
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The Wall Street Journal
Credit Suisse Taps Lloyds Boss as Next Chairman
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Reuters
UniCredit CEO steps down in clash with board
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American Banker
Are nonbanks likelier to lend to Black, Latino homebuyers?
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Bloomberg
Libor's Final Retirement Date May Get Delayed Until Mid-2023
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Financial Times
Michael Moritz named chairman of Swedish fintech Klarna
Nov 30, 2020
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Reuters
Lloyds names HSBC's Charlie Nunn as chief executive
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The Charlotte Observer
Bank of America exec arrested for bribery. Feds say banker ran kickback scheme.
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Bloomberg
Citi's Jane Fraser Talks About the Priorities She'll Set as CEO
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The Wall Street Journal
Credit Suisse Spied on More Employees Than Previously Disclosed
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Financial Times
Opinion: Wells Fargo's struggle to escape the dog house isn't over yet
Nov 25, 2020
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Bloomberg
Mnuchin Plans to Put $455 Billion Beyond Yellen's Easy Reach
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The Wall Street Journal
PPP Borrowers Are Asked to Justify Need for Loans Over $2 Million
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Marijuana Moment
Number Of Banks Working With Marijuana Industry Continues To Drop Amid COVID, Federal Report Shows
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American Banker
This de novo wants to be the go-to bank for fintechs
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Reuters
Suited avatars and digital offices: traders and bankers embrace VR
Nov 24, 2020
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The Wall Street Journal
Biden Picks Janet Yellen for Treasury Secretary
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American Banker
GOP readies counterpunch if Biden removes CFPB chief
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Financial Times
Credit Suisse to take $450m hit on hedge fund business
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Bloomberg
Goldman Sachs to Start Paris Trading Venue as Brexit Approaches
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Moneycontrol
BankMobile CEO Luvleen Sidhu on mobile banking, leadership and future of fintech
