What We're Reading: Page 51
Industry reads hand-picked by our editors
May 31, 2024
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The Wall Street Journal
They Were Used to Five-Star Service at First Republic. Now They’re Just Regular Customers.
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American Banker
What’s on bankers’ wish lists for generative AI?
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CNBC
How East West Bancorp has gained an edge by serving the Asian American community
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Financial Times
Why fintech upstarts have failed to unseat UK banks
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Bloomberg
Banks Funnel Billions More Into Private Credit as Frenzy Spreads
May 30, 2024
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The Wall Street Journal
The FDIC Chairman Is Resigning Under a Cloud. He’s Still in Charge.
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American Banker
Is Walmart ready to take on banks after its divorce from Capital One?
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Bloomberg
US Banks Risk Having a Commercial Property Blind Spot
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Reuters
U.S. bank profits jump 79.5% as large firms shake off failed bank costs
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Law360
BofA Sued Over ‘Confusing’ Automatic Card Payment Terms
May 29, 2024
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Reuters
EU should delay implementing some bank rules if US drags feet, Villeroy says
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Bloomberg
Goldman Racks Up $21 Billion for Its Largest Private Credit Pool
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Law360
OCC’s Hsu Says More Banks May Need Crisis Playbook Rules
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CNBC
Crypto exchange Gemini returns $2.2 billion to users after pausing withdrawals 18 months ago
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The New York Times
London Moves to Revive Its Reputation as a Financial Hub
May 28, 2024
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American Banker
Inside a Zelle fraud that almost lost a Florida consumer $3,500
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Bloomberg Law
Supreme Court Tosses Second Challenge to CFPB’s Funding Stream
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Law360
BofA Inks $21M Deal With Over 1M Customers Over Wire Fees
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Financial Times
ABN Amro agrees €672mn deal with China’s Fosun for German private bank
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Reuters
Sabadell tells shareholders that BBVA bid process may last until 2025
May 24, 2024
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American Banker
‘I care what your values are’: Morgan Stanley’s Gorman
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Bloomberg
Archegos Sent Goldman $470 Million in Error During Collapse
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The Wichita Eagle
Former Kansas bank CEO pleads guilty to $47.1 million crypto embezzlement scheme
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The Wall Street Journal
Citi Isn’t the Only One With a Fat Finger Problem
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Law360
US Drops Appeal Of Citigroup’s $183M Tax Award
May 23, 2024
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CNBC
Fintech nightmare: ‘I have nearly $38,000 tied up’ after Synapse bankruptcy
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American Banker
Gruenberg’s departure weakens the administration’s regulatory hand
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Bloomberg
Citi Trader Got 711 Warning Messages Before Sparking Flash Crash
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Financial Times
Jamie Dimon admits to ‘tough’ going for JPMorgan in China
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The New York Times
What Trump 2.0 Could Mean for the Federal Reserve
May 22, 2024
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Bloomberg
Barclays Managers Warn Some Staff to Prepare for Five Days a Week in Office
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American Banker
Who could replace Martin Gruenberg at the FDIC?
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The Financial Brand
The Personalization Paradox: Can Banks Delight Customers Without Creeping Them Out?
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Reuters
JPMorgan appoints former Goldman Sachs banker to lead German branch
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Financial Times
UniCredit chief Andrea Orcel backs French president’s call for bank deals
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