What We're Reading: Page 48
Industry reads hand-picked by our editors
Feb 22, 2024
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Financial Times
Bad property debt exceeds reserves at largest US banks
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Bloomberg
How KKR Helped JPMorgan Seal a Key Victory Over Private Credit
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The Wall Street Journal
AI’s Unlikely Benefactor: Blackstone’s 77-Year-Old CEO Steve Schwarzman
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Reuters
Canadian banks’ limited office loans offer investors some comfort
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Law360
Ex-Republic First CEO Ends Holland & Knight Overbilling Suit
Feb 21, 2024
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American Banker
PNC promotes from within for president, sets up potential CEO successor
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Law360
Wells Fargo Says SEC Has Closed Hiring Practices Probe
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Bloomberg
HSBC’s Profit Sinks on $3 Billion Charge at Chinese Bank
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Financial Times
Morgan Stanley accused of ‘snobbery’ by Frasers over $1bn margin call
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Reuters
Japan’s Mizuho aims to remain a top 10 global investment bank
Feb 20, 2024
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The Wall Street Journal
The Man Who Tamed the World’s Most Troubled Bank
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Financial Times
Morgan Stanley accused of duping ECB by creating token job title
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The New York Times
More Wall Street Firms Are Flip-Flopping on Climate. Here’s Why.
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American Banker
Big banks charge higher credit card APRs than smaller issuers, CFPB says
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Bloomberg
Two Rothschild Bank Clans Fight Over Clients, Power and the Family Name
Feb 16, 2024
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Bloomberg
Charlie Javice Fails to Get JPMorgan to Pay for Her Suit Against Firm
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The Wall Street Journal
NatWest Names Paul Thwaite as Permanent CEO
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Law360
Sens. Press Zelle To Clarify Fraud Reimbursement Policies
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American Banker
U.S. Bank, Suncoast say AI helps take loans from ‘no’ to ‘yes’
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CNBC
More than 100 years since the Black Wall Street massacre, Tulsa is creating a haven for entrepreneurs
Feb 15, 2024
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Reuters
US banks face $35 bln hit from ‘Basel Endgame’, says Oliver Wyman
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Law360
Capital One Accused Of Hiding Savings Account Changes
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Bloomberg
Wilmington Trust CEO to Exit $79 Billion Wealth Manager
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The Wall Street Journal
The Stanford Professor Taking on Racism in the $4 Trillion Muni-Bond Market
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American Banker
What should banks do next to improve online banking?
Feb 14, 2024
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Law360
SEC’s Gensler Promises ‘War’ On AI Fraud
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Bloomberg
State Street Targets $25 Billion for Model-Portfolio Business
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Reuters
Scotiabank’s global banking and markets chief Jake Lawrence to depart
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Financial Times
Inside European finance’s most secretive society
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American Banker
Bankwell Bank pilots generative AI in small-business lending
Feb 13, 2024
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American Banker
Failed Kansas bank rapidly borrowed $21 million from a Home Loan bank
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The Wall Street Journal
It’s Crunch Time for One of Europe’s Last Big Wall Street Players
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Bloomberg
Standard Chartered Weighs Breaking Up Corporate, Investment Bank
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Financial Times
Macquarie’s highly paid commodity star quits after 28 years
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Cointelegraph
Bakkt, once touted as Bitcoin’s ‘savior,’ is running low on cash