What We're Reading: Page 171
Industry reads hand-picked by our editors
Jul 23, 2020
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The Wall Street Journal
Fake Businesses Are Fooling Real Banks Into Processing Online Drug Purchases
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Bloomberg
JPMorgan Banked Millions for Ghislaine Maxwell, as It Had for Epstein
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Reuters
Goldman Sachs CEO wants more diversity in bank leaders now
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The Washington Post
Banks face a unique coronavirus problem: Now everyone is wearing a mask
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Compliance Week
First American first charged with NYDFS cyber-regulation abuses
Jul 22, 2020
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The Wall Street Journal
Black Regulators Rarely Appointed to Oversee Wall Street
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American Banker
Congress wants to extend PPP, lenders ready to move on
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Bloomberg Law
Coronavirus Stimulus Loans Face Fair Lending Scrutiny From CFPB
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The Washington Post
Banking Committee approves Fed nominee Judy Shelton; next step is a full Senate vote
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Bloomberg
Banks Eye Ditching Real Estate With Workers Wanting to Stay Home
Jul 21, 2020
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CNN
A bank is paying people to bring in their spare change to help local businesses amid the coin shortage
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Bloomberg
Two Fed Programs Have Bought Only One Loan Each, Watchdog Says
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The Wall Street Journal
Opinion: 'Main Street' Program Is Too Stingy to Banks and Borrowers
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Financial Times
European banks braced for €800bn of loan losses if pandemic worsens
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Reuters
UBS to pay over $10 million to resolve SEC charges on municipal bond offerings
Jul 20, 2020
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Financial Times
Gunman attacks house of judge overseeing Deutsche Bank lawsuit
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American Banker
Uncertainty about CFPB has banks leery of small-dollar lending
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Bloomberg
Meet the Mayor Who Printed His Own Currency to Fight the Virus
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The Wall Street Journal
Some Companies Got Both Government Contracts and PPP Loans
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Reuters
BNP Paribas plays long game to be Europe's banking winner from COVID crisis
Jul 17, 2020
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Bloomberg Law
Payments Shaping Up as Next Turf Battle Between OCC, States
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American Banker
The challenger banks reaching Gen Z
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The Wall Street Journal
How Germany's SEC Dismissed a Decade of Warnings About Wirecard
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Financial Times
Opinion: The US is having a bank-shaped recovery
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Reuters
As big U.S. banks let customers delay payments, loan losses remain unclear
Jul 16, 2020
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Reuters
NY Fed's Williams says low take-up of emergency lending facilities a sign of success
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The Wall Street Journal
Trading Powers Morgan Stanley to 45% Profit Jump
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Financial Times
Wirecard's Markus Braun took €35m loan from group's banking arm
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Bloomberg
Shadow Bank Weaknesses Forced Fed's Market Rescue, Quarles Says
Jul 15, 2020
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Reuters
Internal U.S. small business watchdog launches inquiry into duplicate pandemic loans
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CIO Dive
HSBC names AWS cloud provider of choice amid broad cost cuts
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The Wall Street Journal
Goldman's Traders, Bankers Keep Profit Steady While Rivals Falter
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Bloomberg
BNP Paribas Starts a Fund to Bet Against Polluters
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American Banker
New Jersey bank hit with consent order tied to BSA compliance