What We're Reading: Page 179
Industry reads hand-picked by our editors
Sep 25, 2020
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Bloomberg
Fed's Brainard Seen at Top of Biden's Treasury Secretary List
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American Banker
BofA leads effort to draft global ESG standards for public companies
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The Washington Post
Publicly traded firms paid dividends, bought their own stock after receiving PPP loans to pay employees
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Financial Times
SocGen's math geeks built an empire: do the sums still add up?
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The Wall Street Journal
Blank-Check Firms Offering IPO Alternative Are Under Regulatory Scrutiny
Sep 24, 2020
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The Wall Street Journal
Even in a Pandemic, Venmo Tells Conned Customers to Pay Up
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CNN
Westpac hit with record $920 million penalty over money laundering scandal
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Reuters
'We're a tech company': Russia's Sberbank bets big on strategy shift
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American Banker
New PPP angst: Waiting for SBA to sign off on loan forgiveness
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Financial Times
Bankers fear missing out and yearn to get back on the road
Sep 23, 2020
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Financial Times
Citigroup halts market making in retail options
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American Banker
How Cross River Bank gathered $250 million in deposits in 15 days
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The New York Times
Embattled Fed Nominee Celebrates Free Markets, but Not in Her Backyard
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Bloomberg
JPMorgan to Move $230 Billion Assets to Germany in Brexit Shift
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Reuters
A little help from our friends: Banks team up as FX trading gets tougher
Sep 22, 2020
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Bloomberg Law
Amazon Can't Avoid Consumer Claims From Capital One Cloud Hack
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Bloomberg
JPMorgan-Backed Brazil Fintech Plans to Expand in U.S., Mexico
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Reuters
Deutsche Bank to close 20% of domestic branches in coronavirus shift
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American Banker
Credit union employees 'clearly not taking enough' time off
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Financial Times
Jay Powell says US small businesses may need 'direct fiscal support'
Sep 21, 2020
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BuzzFeed News
The FinCEN Files
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Bloomberg
One of Finance's Few Black CEOs Thrives Where Big Banks Fled
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Financial Times
Traders set to don virtual reality headsets in their home offices
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The Wall Street Journal
Goldman's Veteran Deal Makers Pass the Torch to New Leaders
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American Banker
Did Seacoast wait too long to strike a deal?
Sep 18, 2020
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Bloomberg
Citi to Hire 6,000 Young People in Asia as Joblessness Soars
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San Francisco Business Times
Longtime bank investor makes case for removal of Wells Fargo’s asset cap
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American Banker
Eastern Bank idea leads to small-business money management app
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Financial Times
CaixaBank and Bankia strike deal to create Spain's biggest lender
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Business Insider
Mastercard is nabbing red-hot fintech customers like Brex and SoFi from rival Visa. Startup execs explain why they are making the switch.
Sep 17, 2020
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Bloomberg
Citigroup Employee Who Operated QAnon Website on Paid Leave
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FinTech Futures
Citizens Bank app bombarded with bad reviews as tech update goes awry
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Charlotte Business Journal
Truist Financial Corp. launches corporate venture capital division
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American Banker
FinCEN plans major overhaul of anti-money-laundering rules
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Financial Times
Fed signals rock-bottom rates until at least end of 2023