What We're Reading: Page 116
Industry reads hand-picked by our editors
Oct 18, 2022
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The New York Times
How Switzerland’s Oldest Bank Became a Meme Stock
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Bloomberg
Deutsche Bank HQ Raided by German Prosecutors in Tax Probe
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American Banker
Congratulations, banks, you’re not the bad guy this election cycle
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Reuters
How Binance CEO and aides plotted to dodge regulators in U.S. and UK
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Financial Times
SEC must clarify which NFTs will be regulated, says commissioner
Oct 17, 2022
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American Banker
How much fraud is on Zelle? Depends who you ask
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Bloomberg
Bankers Told They Can Ignore Binding Fossil-Finance Restrictions
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CNBC
Mastercard will help banks offer cryptocurrency trading
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TechCrunch
Brex, valued at $12.3B earlier this year, lays off 11% of staff as part of restructuring
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Tearsheet
Podcast: Running a bank with climate change at its core, with Climate First Bank CEO Ken LaRoe
Oct 14, 2022
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Bloomberg
Morgan Stanley CEO Hints at Job Cuts With Headcount Under Review
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American Banker
How one credit union addressed cannabis banking compliance
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Financial Times
Processing hold-ups at Northern Trust exacerbated UK pension sell-off
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The Wall Street Journal
New York Financial Regulator Wants to Lead on Crypto, Climate Change
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CNBC
El Salvador’s bitcoin experiment: $60 million lost, $375 million spent, little to show so far
Oct 13, 2022
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Morning Consult
Most Americans Believe Banks Are Sincere About Social Equity Efforts. ESG Claims Are Another Story
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Reuters
OCC’s Hsu: Bank-fintech partnerships ‘here to stay,’ while crypto hogging ‘brain space’
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Financial Times
Lazard sets up geopolitical risk unit to capitalize on global volatility
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American Banker
Want the best available deposit rate? Open a new account.
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Bloomberg
Citi’s $500 Million Win Holds, With Revlon Lenders Denied Review
Oct 12, 2022
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Reuters
SEC scrutiny into Wall Street communications shifts to investment funds - sources
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Bloomberg
Banks Turn to Less Lucrative Deals to Cope With M&A Loan Drought
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American Banker
The hidden dangers in the Fed’s balance-sheet reduction
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Financial Times
Dixit Joshi: the new Credit Suisse CFO facing a daunting challenge
Oct 11, 2022
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Financial Times
US banks to set aside $4bn for potential losses from bad loans
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American Banker
Banks find getting diverse small-business customers is harder than it looks
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Bloomberg
Credit Suisse May Face $8 Billion Capital Shortfall in 2024
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CNBC
N26’s losses widen after ramping up spending on fraud controls
Oct 10, 2022
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The Wall Street Journal
How a New Anti-Woke Bank Stumbled
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American Banker
Behind the Bancorp’s decision to pursue a national charter
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CNBC
‘This is serious’: JPMorgan’s Jamie Dimon warns U.S. likely to tip into recession in 6 to 9 months
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Reuters
U.S. banks cut donations to federal candidates, up Democrats’ share ahead of midterms
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The Financial Brand
Insights from Synovus Bank’s Tough Digital Transformation
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