What We're Reading: Page 143
Industry reads hand-picked by our editors
May 19, 2021
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ProPublica
Hundreds of PPP Loans Went to Fake Farms in Absurd Places
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The New York Times
Banks Fight $4 Billion Debt Relief Plan for Black Farmers
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Bloomberg
UBS Starts Round of Job Cuts Across Investment Bank, Wealth
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Financial Times
Andrea Orcel and Ana Botín face off in Madrid courtroom over pay row
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The Wall Street Journal
Deutsche Bank Picks U.S. General Counsel to Head Anti-Financial-Crime Unit
May 18, 2021
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Axios
The rehabilitation of Wells Fargo
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Reuters
China bans financial, payment institutions from cryptocurrency business
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Bloomberg
Thousands of Danske Bankers Seek Financial Aid to Work From Home
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The Wall Street Journal
Fidelity's Pitch to America's Teens: No-Fee Brokerage Accounts
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Business Insider
JPMorgan Chase execs detail the biggest projects at the bank's Columbus, Ohio, hub
May 17, 2021
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Financial Times
US banks could cut 200,000 jobs over next decade, top analyst says
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Business Insider
Micromanagement, surprise employee investigations, and email surveillance: Why top mortgage bankers are quitting Wells Fargo in the middle of a red-hot housing market
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CNBC
Small-business owners missed out on thousands of dollars in loans when PPP funding ran out early
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Bloomberg
Goldman Traders Caught in Mexico Stalemate Chasing $400 Million From Texas Freeze
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American Banker
Former Radius chief brings fintech mentality to New York de novo
May 14, 2021
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The New York Times
A 'Friend of Tom' or 'Can't Be Bothered': One Man's Rules at Bank of America
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CNBC
Goldman Sachs banker quits after making millions on cryptocurrency
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American Banker
Plaid and U.S. Bank agree to share bank customer data through an API
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Bloomberg
Texas Advances Bill Targeting Bank of America, Citi Over Gun Policies
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Reuters
Caixabank staff protest against job cuts as bankers' pay in spotlight
May 13, 2021
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The Wall Street Journal
JPMorgan, Others Plan to Issue Credit Cards to People With No Credit Scores
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Politico
Banks brace for battle over call to track tax dodgers
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Bloomberg
Citigroup Starts Early Intake Program to Hire More Women Bankers
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American Banker
Financial firms confront the threat of central bank digital currencies
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Financial Times
Opinion: Swiss private banks at odds with clients over ESG
May 12, 2021
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The Wall Street Journal
CFTC Whistleblower Program in Peril Over Potential $100 Million-Plus Payout
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Bloomberg
Citi Eyes More U.S. Branches With Fraser Bullish On Recovery
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Financial Times
Ebay takes on banks and PayPal with loans to businesses
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American Banker
BMO Harris tests portal for special-needs clients
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The Associated Press
Nebraska could let state banks offer cryptocurrency services
May 11, 2021
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Reuters
Revlon says it has replaced Citi as agent on revolver loan
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Bloomberg
Inside Pictet, the Secretive Swiss Bank for the World's Richest People
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American Banker
It's not 2008, but bank CEO hearings could still get testy
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The Wall Street Journal
Some Startups Went From Rescue PPP Loans to SPAC Windfalls
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Financial Times
Standard Chartered accused of hypocrisy over climate change