What We're Reading: Page 32
Industry reads hand-picked by our editors
May 09, 2025
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Financial Times
Santander rejected £11bn bid from NatWest for UK unit
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Bloomberg
Wells Fargo Has Big Plans for New York Branches as Scandals Fade
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Reuters
Citi must face $1 billion lawsuit claiming it aided Mexican oil company fraud
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American Banker
Are banks getting what they pay for as the top AI spenders?
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Law360
CFPB Needs Stronger Controls On Supervisory Info, IG Says
May 08, 2025
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American Banker
David Julian, ex-Wells Fargo exec who battled OCC, sounds off
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Bloomberg Law
DOGE Employee Who Screamed for CFPB Job Cuts Leaves Agency
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CBS News
Trump calls Fed Chair Jerome Powell a ‘fool’ for keeping interest rates steady
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Financial Times
How dealmaking fever hit Italy’s banking sector
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Reuters
Turkish bank tells US Supreme Court it should be immune from Iran sanctions charges
May 07, 2025
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Bloomberg
HSBC Launches Trump Tariff Loan to Cover Clients’ Import Costs
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The Wall Street Journal
Disgraced Ex-Goldman Partner Sought by Malaysia for Extradition in 1MDB Scandal
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American Banker
Why this Minnesota bank dropped its overdraft fees
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Bloomberg Law
NCUA Receives Nearly 275 Applications for Voluntary Departures
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CNBC
Banks are keeping credit card rates high even after the CFPB rule they blamed for high APRs was killed
May 06, 2025
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American Banker
How Cathinka Wahlstrom is modernizing America’s oldest bank
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Reuters
JPMorgan says AI helped boost sales, add clients in market turmoil
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Bloomberg Law
Umpqua Bank to Pay $55 Million to Settle Ponzi Scheme Aid Suit
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Law360
Frank Execs Trade Blame In Dueling Bids For New Trial
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Bloomberg
Santander’s Botin Speeds Up Americas Pivot With Polish Unit Sale
May 05, 2025
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The Wall Street Journal
Fed Reviewing Its Secret Ratings for the Nation’s Biggest Banks
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Bloomberg Law
CFPB Plans to Revisit Open Banking Rule Despite Staff Cuts
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Reuters
HSBC Asset Management’s global head of sustainability to depart
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Financial Times
Citi del Sol: How the party ended for Wall Street bank’s Málaga experiment
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Tearsheet
How Fifth Third uses its AI-powered chatbot Jeanie to talk smarter and, more importantly, listen better
May 02, 2025
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The Wall Street Journal
Goldman Sachs Removes Mentions of ‘Black’ From Flagship Diversity Pledge
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Bloomberg Law
Bank Regulator’s Buyout Offer Sought by About a Quarter of Staff
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American Banker
‘A Pac-Man’: AI is on the cusp of eating up bank jobs
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Financial Times
Meet your new investment banker: an AI chatbot
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CNBC
Trump rewrites crypto rules in first 100 days, industry celebrates ’180 pivot’ from Biden years
May 01, 2025
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The Wall Street Journal
Citigroup Hires Robert Lighthizer, Trump’s Former Trade Czar
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Reuters
Former HSBC investment bank chief Greg Guyett joins EBRD
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Bloomberg
Ripple Offered to Buy Stablecoin Rival Circle for Up to $5 Billion
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American Banker
Banks slow to follow Trump’s lead on disparate impact
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Financial Times
Spain’s antitrust watchdog approves BBVA’s €11bn hostile bid for Sabadell