What We're Reading: Page 163
Industry reads hand-picked by our editors
Oct 19, 2020
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Financial Times
US banks warn bonuses will not keep pace with profits
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Tampa Bay Times
Big banks entrusted money to GardaWorld. It secretly lost track of millions.
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Bloomberg Law
CFPB Enforcement Division Loses Autonomy in Shakeup
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American Banker
Regions using AI to make most of customer feedback
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CNBC
Hackers look to buy brokerage log-ins on the dark web with Robinhood fetching highest prices
Oct 16, 2020
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Reuters
Morgan Stanley launches Black recruitment program to boost trading unit's diversity
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American Banker
BofA adapting consumer tech for use with corporate clients
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Financial Times
Turkish fintech company rolls out text message payments
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Bloomberg
Ex-Monte Paschi Chairman, CEO Convicted of False Accounting
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The Washington Post
Commentary: Credit scores are supposed to be race-neutral. That’s impossible.
Oct 15, 2020
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Bloomberg
Top Citi Banker Ray McGuire Leaves to Pursue NYC Mayoral Run
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Financial Times
Stripe moves into Africa with Paystack deal
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Reuters
Facebook's Libra cryptocurrency taps ex-HSBC exec as CFO of payments unit
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American Banker
SoFi launches social network for investors
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The Wall Street Journal
Morgan Stanley Powers Through Coronavirus Recession With Higher Profit, Revenue
Oct 14, 2020
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The Wall Street Journal
Joe Biden Keeps Everyone Guessing On Wall Street Regulation
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American Banker
Congress's scrutiny of tech giants could be blessing and curse for banks
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Bloomberg
Goldman Posts Wall Street's Biggest Bond-Trading Jump So Far
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Financial Times
Credit Suisse hires ex-BofA banker Christian Meissner to target wealthy entrepreneurs
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Reuters
UniCredit picks former Treasury chief Padoan as chairman
Oct 13, 2020
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CNBC
European fintech giant Revolut is close to applying for a bank charter in California, sources say
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Boston Business Journal
Santander pushes digital-only deposit platform to 2021
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The New York Times
When Your Last $166 Vanishes: 'Fast Fraud' Surges on Payment Apps
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Finextra
Former Barclays execs to launch digital bank
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Financial Times
Opinion: US regulators should prod lenders to help minority communities
Oct 12, 2020
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Wall Street Journal
Banks Have Barely Touched the Fed's Main Street Lending Program. Except This One.
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American Banker
What two credit unions can teach banks about marketing
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Bloomberg
Robinhood Users Say Accounts Were Looted, No One to Call
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Financial Times
Morgan Stanley rebuilds fixed-income division after 2015 cuts
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Reuters
Goldman Sachs financial targets jeopardized as pandemic slows revamp
Oct 09, 2020
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CNBC
Square buys $50 million in bitcoin, says cryptocurrency 'aligns with company's purpose'
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Bloomberg
Coinbase to Lose Dozens of Staffers Over Ban on Politicking
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American Banker
A 'platform built by us and for us': Black leaders start neobank
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Financial Times
Danske Bank cuts 1,600 jobs to reduce costs
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Reuters
Revolut launches 4.5% savings bonus rate for U.S. customers
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