What We're Reading: Page 130
Industry reads hand-picked by our editors
May 27, 2022
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Financial Times
JPMorgan collects data on borrowers' race in push against wealth gap
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The New York Times
Goldman's Move to Unlimited Vacation Is Good for … Goldman
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American Banker
Big banks are losing commercial lenders to 'less regulated environments'
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Business Insider
No more yachts and Porsches. Wall Street layoffs are coming.
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Reuters
Former exec sues CIBC for $1 million over sexual, racial discrimination
May 26, 2022
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Business Insider
Wells Fargo has fired dozens of loan officers accused of misusing appraisal waivers. Some say the bank gave them mixed signals.
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American Banker
The FDIC quietly rolled back an independent review committee, and banks aren't happy
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Bloomberg
JPMorgan Finds New Use for Blockchain in Trading and Lending
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The Wall Street Journal
SEC Proposes More Disclosure Requirements for ESG Funds
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CNBC
Fed minutes point to more rate hikes that go further than the market anticipates
May 25, 2022
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Business Insider
After George Floyd's murder, Wall Street promised billions of dollars to help Black Americans. 2 years later, here's where that money went and how it's being used.
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Jacksonville Business Journal
VyStar CEO: 'The system did not collapse — we took the system down'
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American Banker
Ohio's lieutenant governor gets paid gig at small bank, raising eyebrows
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Bloomberg
One Man Helped Credit Suisse Make Billions From Russia Tycoons
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CNBC
Terra backers vote to revive luna — but not UST — after $60 billion crypto collapse
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
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