What We're Reading
Industry reads hand-picked by our editors
Jul 06, 2020
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American Banker
'There will be hundreds of fintech failures'
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The Wall Street Journal
Wall Street Knows It's Too White. Fixing It Will Be Hard.
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Reuters
JPMorgan drops terms 'master,' 'slave' from internal tech code and materials
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Bloomberg
Millennial Women See Return to Trading Desks as Key for Careers
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Financial Times
António Horta-Osório to step down from Lloyds in 2021
Jul 02, 2020
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CNBC
Coronavirus could be a 'major turning point' for sustainable investing, says JPMorgan
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CNN
A 911 call, a racial slur, a refusal to cash a check. This is what it's like for some Black bank customers
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American Banker
Get ready for wave of small-business defaults, PNC's Demchak warns
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Bloomberg
Recovery Could Take 4 Years If Virus Contained, Fed's Daly Says
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Financial Times
Can BNP Paribas beat the investment banking jinx?
Jul 01, 2020
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The Wall Street Journal
Bank Fraud Allegations Test Marijuana Business
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Reuters
Goldman's investment bank to increase Black staff hiring, recruitment
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Business Insider
Stripe just launched a portal to help customers adapt their businesses to online retail during the coronavirus pandemic
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American Banker
Worried? Angry? Where machines excel in detecting customer emotions
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Bloomberg
A $6 Million PPP Loan and Bankruptcy Keep Two U.S. Chains Afloat
Jun 30, 2020
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The Wall Street Journal
PPP Loan Window Is Closing, With $134 Billion Still on Offer
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American Banker
What happens if Mastercard and Visa gobble up all the data aggregators?
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Financial Times
Wall Street banks net record fees for pandemic fundraisings
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Bloomberg Law
Banks Should Verify Hemp Clients' Licenses, Treasury Says
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CNBC
The Fed is buying some of the biggest companies' bonds, raising questions over why
Jun 29, 2020
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The Wall Street Journal
'Flying Blind Into a Credit Storm': Widespread Deferrals Mean Banks Can't Tell Who's Creditworthy
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CNBC
Credit card industry reins in balance-transfer offers as banks from JPMorgan to Amex fear defaults
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Marijuana Moment
Number Of Banks Reporting Marijuana Business Clients Declines, Federal Report Shows
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American Banker
Banks continue to embrace robo advisers (even if customers don't)
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The Hill
Opinion: Fintech calls the question: Different rules for digital and traditional banking?
Jun 26, 2020
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Forbes
Wirecard Collapse Drags Down Online Banking Services
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The Wall Street Journal
Fed Has Made Little Progress Diversifying Leadership, Report Says
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Business Insider
Fintech startup Karat launches charge card that looks at social-media engagement rather than credit history
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Financial Times
Brazil's banks face pincer threat from big tech and fintech
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Bloomberg
Credit Suisse is Said to Freeze Plans for Miami Wealth Hub
Jun 25, 2020
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The Wall Street Journal
Wirecard Files for Insolvency After Revealing Accounting Hole
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Bloomberg
Banks Get Easier Volcker Rule and $40 Billion Reprieve on Swaps
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American Banker
What BBVA aims for with new mobile app
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Reuters
Wall Street likely to cut bonuses 15-20%, make significant layoffs: report
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eFinancialCareers
Goldman Sachs now has its very own font, which you can use
