What We're Reading
Industry reads hand-picked by our editors
Sep 12, 2024
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The Wall Street Journal
Wall Street Curbs Young Bankers’ Hours After Overwork Outcry
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Financial Times
Gary Stevenson claims to have been the best trader in the world. His old colleagues disagree
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American Banker
Connecticut private bank draws regulatory ire
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Bloomberg
Wall Street Quietly Turns Tail on Its Sustainability Commitments
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CNBC
Caroline Ellison seeks to duck prison sentence for role in FTX collapse
Sep 11, 2024
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Financial Times
Commerzbank open to tie-up talks after UniCredit takes 9% stake
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Reuters
A decade on, Botin’s redesign of Santander empire her family built is incomplete
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American Banker
FinCEN analyzed 15,000 check fraud cases. Here’s what they found.
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Tearsheet
‘Banks use about 35% of their available technology, and we didn’t want to be that bank’: Craft Bank CEO
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The Wall Street Journal
Why This Wall Street Firm Wants Its Traders to Play Poker
Sep 10, 2024
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The Wall Street Journal
Goldman Sachs’s Lax Underwriting Standards Are Making Its Credit-Card Exit Messy
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Bloomberg
UBS Has an AI Tool That Can Scan 300,000 Firms in 20 Seconds
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American Banker
Are banks saving money as they migrate to the cloud? What you need to know
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Reuters
Former Swedbank CEO Bonnesen sentenced to prison in money laundering case
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Bloomberg Law
Investors Face Heat on Citigroup’s Knowledge of Mexican Fraud
Sep 09, 2024
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Bloomberg
HSBC Mulls Merging Commercial, Investment Bank to Cut Costs
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The Wall Street Journal
Iraqi Banks Used U.S.-Created System to Funnel Funds to Iran
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Reuters
KeyCorp sells nearly $7 bln of low-yield investments
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American Banker
Utah bank uses gen AI to watch for emerging problems at fintech partners
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Law360
CFPB’s Zelle Scrutiny Leaves Banks Guessing On Next Moves
Sep 06, 2024
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Bloomberg
Fed’s Barr to Preview Changes to Bank-Capital Proposal Next Week
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The Wall Street Journal
Bank of America Shared Nonpublic Information With Investors in India, Whistleblower Says
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American Banker
A non-alarmist guide to the risks in commercial real estate
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Financial Times
NatWest chair played down ties to oil company caught up in 1MDB fraud
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Reuters
Russian court freezes Raiffeisen shares in local bank, blocking sale
Sep 05, 2024
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Bloomberg Law
FDIC Eyeing Proposal to Protect Customers From Fintech Failures
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The Wall Street Journal
Bank of America Bets on Carbon Capture With Big Tax-Credit Deal
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American Banker
Credit unions rarely engage in BaaS. North Bay is an exception
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Reuters
US bank profits jump 11% in second quarter of 2024 as expenses shrink
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Financial Times
Three former Wirecard executives found personally liable for €140mn
Sep 04, 2024
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Bloomberg
How Coinbase Went From DC ‘Kids Table’ to Political Power Seat
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Reuters
HSBC appoints Jo Miyake as interim CEO of global commercial banking - memo
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American Banker
Chicago mutuals plan to merge
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The Wall Street Journal
Lebanon’s Former Central-Bank Chief Arrested on Embezzlement Charges
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Financial Times
US homebuilders face credit crunch as banks cut lending
