What We're Reading: Page 114
Industry reads hand-picked by our editors
Feb 27, 2023
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Bloomberg
Goldman Turns to ‘Make-or-Break’ Unit as CEO Solomon Put to Test
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Financial Times
Citigroup loses top London-based dealmaker
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American Banker
Measuring the tech gap that plagues Black financial institutions
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Law360
BofA Allegedly Misled Small Cos. On PPP Loans, Suit Says
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Reuters
Sabadell agrees to sell payments arm to Nexi for up to $370 mln
Feb 24, 2023
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The New York Times
The E.S.G. Fight Has Come to This: Bankers Suing Lawyers
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Bloomberg
BofA, Citi, Goldman, Wells Join JPMorgan in ChatGPT Crackdown
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American Banker
At small banks and credit unions, the C-suite is getting bigger
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Reuters
Analysis: With record diversity on their boards, Fed bank chiefs see lower chances of policy error
Feb 23, 2023
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Bloomberg
Deutsche Bank Studied Credit Suisse Deal Options Before Overhaul
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American Banker
Why these banks still give away millions of pens a year
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Reuters
BNP Paribas sued in France over fossil-fuel financing
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Bloomberg Law
Disgruntled PPP Borrowers Fight Kabbage’s Bankruptcy Plan
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Financial Times
US nominates former Mastercard chief as World Bank president
Feb 22, 2023
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American Banker
Bank mascots had their day. The latest to step down is the BMO Harris lion.
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Bloomberg
JPMorgan Clamps Down on Staff’s Use of AI-Powered ChatGPT
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CNBC
GOP lawmakers vilify ESG moves at BlackRock, Vanguard but take their money nonetheless
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Financial Times
Silicon Valley Bank profit squeeze in tech downturn attracts short sellers
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The Wall Street Journal
Stablecoins Attract Scrutiny in SEC’s Drive to Control Crypto
Feb 21, 2023
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Reuters
Credit Suisse chairman’s comments draw scrutiny from financial watchdog - sources
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Financial Times
David Solomon prepares to explain himself to Goldman Sachs investors
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Bloomberg
JPMorgan Cuts About 30 Investment Banking Jobs in Asia Pacific
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American Banker
Big banks pay up for online deposits, but with a catch
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Law360
Lender Must Face All Charges At $932M COVID Fraud Trial
Feb 17, 2023
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American Banker
U.S. Bank uses internal ‘volunteers’ to lead 7,000-person cloud certification
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Bloomberg
Bankers Whose Job Title Includes ‘ESG’ Are Dodging Wave of Cuts
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The Wall Street Journal
Emails Reveal Deep Ties Between Jeffrey Epstein, Former Barclays CEO Jes Staley
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Financial Times
Citi senior executive and dealmaker Verme dies
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Bloomberg Law
CFPB Beefs Up Legal, Legislative Staff Amid Mounting Challenges
Feb 16, 2023
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American Banker
Banking on sisterhood: A Black sorority launches a credit union
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Bloomberg
Ex-Goldman Banker Argues 1MDB Bribes Only $1 Billion, Not $2 Billion
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Reuters
Crypto giant Binance moved $400 million from U.S. partner to firm managed by CEO Zhao
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Financial Times
StanChart chief vows to succeed alone after Abu Dhabi takeover interest
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Cointelegraph
Brazil’s oldest bank allows residents to pay their taxes using crypto
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