What We're Reading: Page 174
Industry reads hand-picked by our editors
Jun 23, 2020
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Bloomberg
Opinion: Wirecard Fraud Scandal Could Give Fintech a Bad Name
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American Banker
Wells Fargo employees targeted with phishing attack using calendar invites
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The Wall Street Journal
Lawmakers Ask Fed to Help Businesses Struggling to Make Mortgage Payments
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Financial Times
How banks are planning to bring staff back to the office
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Reuters
U.S. Supreme Court sets limits on SEC's power to recover ill-gotten gains
Jun 22, 2020
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The New York Times
Jay Clayton, Low-Profile Regulator, Is Catapulted Into a Political Fight
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CNBC
U.S. banks are 'swimming in money' as deposits increase by $2 trillion amid the coronavirus
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American Banker
TD's answer to a pandemic-driven spike in wire fraud
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Silicon Valley Business Journal
'More relevant than ever before': PayPal CFO looks into the future of transactions
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Bloomberg
Singer Akon Is Launching a Cryptocurrency, Building Senegal City
Jun 19, 2020
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Bloomberg
At $18,000 Per Banker, Cost of Returning to Wall Street Will Sting
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The Washington Post
'It's very discouraging': America’s new $600 billion rescue program for small businesses is off to a rocky start
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CNBC
Young trader dies by suicide after thinking he racked up big losses on Robinhood
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American Banker
An 'overwhelming' moment: Behind BofA's $1B racial justice commitment
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The Wall Street Journal
Wirecard CEO Resigns After Banks Say Missing $2 Billion Doesn't Exist
Jun 18, 2020
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The New York Times
'Banking While Black': How Cashing a Check Can Be a Minefield
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American Banker
Inside OCC's effort to extract $37.5M from former Wells Fargo execs
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CIO Dive
Banking trojan resurfaces targeting JPMorgan, Capital One
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The Wall Street Journal
U.S. Experiencing Coin Shortage Due to Coronavirus Pandemic, Powell Says
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Bloomberg Law
Fed Will Release Its Own Anti-Redlining Rewrite, Powell Says
Jun 17, 2020
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Bloomberg Law
Capital One Sees 'Skewed' Cyber Incentives in Hack Report Order
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The Wall Street Journal
SBA Sued Over Rule Barring Convicted Felons From PPP Loans
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Financial Times
Visa predicts 'permanent' shift in consumer spending habits
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American Banker
Big banks cling to branch expansion plans despite coronavirus shock
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Bloomberg
Commerzbank Fined $47 Million for Anti-Money-Laundering Failures
Jun 16, 2020
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TechCrunch
WhatsApp finally launches payments, starting in Brazil
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Bloomberg
JPMorgan, BofA, Citi Among Banks Facing House Probe on Loans
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PaymentsSource
Square acquires Spanish P2P app Verse to bolster Cash
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The Wall Street Journal
Fannie, Freddie Tap Wall Street Banks to Advise on Recapitalization
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American Banker
Why serial acquirer Stephen Gordon is starting a bank from scratch
Jun 15, 2020
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The Wall Street Journal
Hit by Coronavirus — and a 30% Holdback by the Payment Processor
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Bloomberg
AmEx Wins Clearing License for China's $27 Trillion Market
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CalMatters
Mask vendor sues bank over thwarted deal with California
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Reuters
Santander's U.S. unit to close offices on June 19 commemorating Juneteenth
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Financial Times
Metro Bank in exclusive talks to buy RateSetter