What We're Reading: Page 109
Industry reads hand-picked by our editors
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
May 13, 2022
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Bloomberg
Black Bankers Fight to Hold Finance Accountable for Its Promises
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American Banker
Less than four years after shooting, Fifth Third faces hostage situation
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Reuters
Canada banks face 'greenwashing' claims as oil & gas firms obtain sustainable financing
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Financial Times
Crypto billionaire Sam Bankman-Fried: 'I got involved with no clue what a blockchain was'
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The Wall Street Journal
Crash of TerraUSD Shakes Crypto. 'There Was a Run on the Bank.'
May 12, 2022
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American Banker
Truist reckons with customer backlash after integration snags
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CNBC
Goldman ‘deal guy’ behind Apple, GM cards leaves for fintech start-up iCreditWorks
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Bloomberg
Tether Loses Dollar Peg as Crypto Anxiety Hits No. 1 Stablecoin
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Crowdfund Insider
FTX US Applies For NYDFS Trust Charter, Hires New Chief Compliance Officer
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Reuters
HSBC launches $1 bln lending fund for female entrepreneurs
May 11, 2022
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Roll Call
What will cannabis banking (and baseball) do without Rep. Ed Perlmutter?
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The Wall Street Journal
The Online Bank Trying to Reshape the Workplace
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Bloomberg
JPMorgan, Goldman Pushed to Name Clients Trading Russia Debt
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American Baker
Chopra's expansive vision for CFPB authority is facing industry pushback
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The New York Times
Fed Confronts Why It May Have Acted Too Slowly on Inflation