What We're Reading: Page 104
Industry reads hand-picked by our editors
May 24, 2022
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Bloomberg
Citi Said to Be in Talks to Buy Deutsche Bank Mexico for License
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Quartz
How a French bank set the gold standard for climate action
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American Banker
'We’re not the bad guys': SoLo Funds co-founder on accusations from state regulator
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CNBC
Bank balances surged during Covid even as pandemic-era stimulus ended, BofA CEO says
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The New York Times
Invade Haiti, Wall Street Urged. The U.S. Obliged.
May 23, 2022
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Financial Times
HSBC suspends banker over climate change comments
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Charlotte Business Journal
Truist CFO Daryl Bible, key figure in BB&T-SunTrust merger, to retire
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Business Insider
Goldman Sachs is installing biometric fingerprint scanners in the lobby of its NYC headquarters, setting off privacy alarm bells
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Bloomberg
Credit Suisse CEO Says We'll Never Go Back to Office Full Time
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CNBC
Goldman's CEO says 'devastated' by fatal subway shooting of employee
May 20, 2022
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American Banker
Vernon Hill sues Republic First after ouster as chairman
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Reuters
U.S. banks' 2021 hiring show lenders are seeking talent far beyond Wall Street
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Bloomberg Law
CFPB Empowers States to Bring ‘Complementary’ Enforcement Cases
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Business Insider
Wall Street bankers are 'livid' at having to hand over their personal cell phones for the SEC's texting probe. 'I have no idea what might pop up.'
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Tearsheet
The unique banking needs of SMBs: 5 questions with Kabbage co-founder Kathryn Petralia
May 19, 2022
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The New York Times
At Wells Fargo, a Quest to Increase Diversity Leads to Fake Job Interviews
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Bloomberg
Goldman Sachs Report Shows Bank Is Losing Senior Black Women
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Reuters
U.S. Senator Manchin backs Michael Barr for top Fed regulatory job
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American Banker
Kabbage founders Rob Frohwein and Kathryn Petralia launch fintech Keep
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Fintech & Finance News
Ripple Announces $100M Investment in Global Carbon Markets
May 18, 2022
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Bloomberg
US Pries Into Over 100 Trader and Banker Phones in Texting Probe
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Business Insider
Inside the Wells Fargo town hall that had a top exec telling staff 'I love each and every one of you' while explaining that home lending layoffs were inevitable
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American Banker
FDIC, CFPB target crypto firms that make false claims of deposit insurance
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deBanked
Senior Business Lending Exec of Square Has Moved to Coinbase
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AltFi
Revolut enjoys 215% uptick in 'silver swipers'
May 17, 2022
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Forbes
The Scion Of A Banking Family Crafts A Fintech Future
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Financial Times
Credit Suisse nears settlement with West Virginia governor’s mining group
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Bloomberg
Banks’ Lackadaisical Risk Effort Drove Archegos Losses, Hsu Says
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American Banker
California lawmakers ask FDIC to cut off high-cost consumer lenders
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Payments Dive
Three US cash trends persist, Fed report says
May 16, 2022
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The Philadelphia Inquirer
Vernon Hill ousted as chairman of Republic bank after key board ally dies
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Reuters
Goldman Sachs officials reach $79.5 mln shareholder settlement over 1MDB scandal
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American Banker
Four ways cannabis banking could cross the finish line in 2022
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Bloomberg Law
CFPB Funding Structure Under Fire in Payday Lending Rule Appeal
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Bloomberg
Deutsche Bank Gets WhatsApp Information Request From Regulator