What We're Reading: Page 161
Industry reads hand-picked by our editors
May 24, 2021
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Reuters
HSBC CEO says Bitcoin not for us
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American Banker
A 'natural' transition: Florida wealth firm on verge of becoming bank
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CNBC
He sent his PPP money back because he qualified for a bigger loan. Then the program ran out of cash
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The Wall Street Journal
Bank of America's Merrill Lynch to Ban Trainee Brokers From Making Cold Calls
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Axios
Atlanta Fed president Raphael Bostic is ready for the chair
May 21, 2021
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The New York Times
As Paycheck Protection Program Runs Dry, Desperation Grows
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American Banker
Lingering pain point for PPP lenders: Forgiveness on large loans
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Business Insider
UK Regulator Tells Neobanks to Knock Off Bank Comparisons
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Reuters
Will bankers embrace sensors under their desks when they return to work?
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Financial Times
Bitcoin's growing energy problem: 'It's a dirty currency'
May 20, 2021
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Bloomberg
Banks Always Backed Fossil Fuel Over Green Projects — Until This Year
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The Wall Street Journal
Goldman Sachs Wants to Charm Startups. It Won't Be Easy.
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American Banker
Is MoneyLion building the first open U.S. bank?
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Financial Times
JPMorgan funds invested in CoreCivic debt after vow to stop financing private prisons
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
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