What We're Reading: Page
Industry reads hand-picked by our editors
May 05, 2021
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American Banker
Why these banks favor hiring, branching over M&A
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Financial Times
Archegos prepares for insolvency as banks seek compensation for $10bn losses
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Bloomberg
Israel's Lender Leumi Is Said to Weigh Sale of U.S. Bank Arm
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The Wall Street Journal
MoneyGram's Compliance Program Gets Thumbs-Up After Eight Years of Overhauls
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Reuters
Australian regulator accuses Westpac of insider trading in $12 bln grid sale
May 04, 2021
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Financial Times
Cash-rich US banks move to reduce corporate deposits
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The Wall Street Journal
Consumer Lenders Face a New Challenge: Each Other
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American Banker
Traditional SBA lending on upswing as PPP's days appear numbered
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Reuters
U.S. Supreme Court refuses to revive Wells Fargo accounts scandal suit
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The New York Times
What History Can Teach Banks About Making Change
May 03, 2021
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American Banker
A 'turnover tsunami' is coming. Will banks be ready for it?
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The Wall Street Journal
Private Effort to Aid Launch of Fed Digital Dollar Accelerates Work
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Business Insider
What it's really like to work for Goldman Sachs CEO David Solomon
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The New York Times
Banks Were Allowed to Give People More Access to Savings in the Pandemic
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Financial Times
Credit Suisse made just $17.5m in Archegos fees in year before $5.4bn losses
Apr 30, 2021
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American Banker
Tech hub advances M&T Bank's digital ambitions
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Bloomberg
Wall Street Bonuses at Risk Amid New Clamor to Finish Dodd-Frank
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Business Insider
Goldman Sachs President John Waldron laid out 3 ways the bank is aiming to win the war on burnout, and they don't include special bonuses or fancy vacations
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Financial Times
All charges dropped against Danske Bank chiefs
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The Wall Street Journal
New Credit Suisse Chairman António Horta-Osório Resets Agenda After Archegos, Greensill Turmoil
Apr 29, 2021
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The Wall Street Journal
New SEC Enforcement Director Alex Oh Resigns, Agency Says
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Bloomberg
Bank of America, Citi Risk Hit to Their Texas Businesses Over Gun Policies
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Financial Times
Fintech lender Upgrade tops ranking of fast-growth companies
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American Banker
Banco Santander leaning more on U.S. operation for growth
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Reuters
StanChart to cut branch network in half
Apr 28, 2021
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Bloomberg Law
Fifth Third Beats Investor Suit Alleging Fake Accounts, for Now
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The Financial Brand
An OCC Insider's Perspective on Fintechs and Bank Charters
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Bloomberg
BofA Hit Hardest as EU Fines Bond-Trading Trio $34 Million
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American Banker
First Horizon discloses data security breach
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The Wall Street Journal
Robinhood Has a Customer Service Problem
Apr 27, 2021
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The Wall Street Journal
Archegos Losses Top $10 Billion as UBS, Nomura Add to Damage
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Financial Times
UK and European banks plan to slash business trips after pandemic
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The New York Times
Still Getting Your Head Around Digital Currency? So Are Central Bankers.
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Bloomberg
Opinion: Note to Junior Bankers: Stress Can Be Good