What We're Reading: Page 51
Industry reads hand-picked by our editors
Jan 23, 2024
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American Banker
Bank of America, U.S. Bank fight back against ‘Right to Gripe’ suits
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Reuters
UBS unveils big branding push after Credit Suisse takeover
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Financial Times
The tricky timing behind Citi’s bet on China
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Law360
NY Banks Must Vet Execs For ‘Character,’ Regulator Says
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The Wall Street Journal
They Thought Their Money Was in High-Interest Accounts — They Got Paid Peanuts
Jan 22, 2024
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Reuters
Goldman Sachs names Viniar as lead director, succeeding Ogunlesi
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eFinancialCareers
Citigroup’s 20,000 job cuts are not what you think
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Bloomberg
Wall Street Banks Want to Lure Back Loan Deals Lost to Private Credit
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Financial Times
The Gorman prophecy: why European banks might just bounce back
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CNBC
Wall Street opposition to Trump collapses, as ‘pipe dream’ of primary defeat ends
Jan 19, 2024
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Reuters
Citigroup lays off more bosses as CEO Fraser addresses managing directors - sources
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Bloomberg Law
State Street Reorganizes Digital-Assets Unit With Some Job Cuts
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American Banker
Fight between OCC and upside-down Texas bank boils over
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ProPublica
How Walmart’s Financial Services Became a Fraud Magnet
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Bloomberg
Societe Generale Plans Job Cuts in France to Try to Trim Costs
Jan 18, 2024
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Bloomberg Law
Smaller Banks Charging High Fees Untouched by Overdraft Proposal
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American Banker
Banks need to fill gaps in third-party cyber risk: Fed’s Barr
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The Wall Street Journal
Sovereign-Wealth Giant Pursues Goldman Sachs, KPMG and Others Over SVB Collapse
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Law360
Gensler Warns AI ‘Monoculture’ May Weaken Financial System
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Financial Times
Morgan Stanley market cap premium shrinks against rival Goldman Sachs
Jan 17, 2024
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The Wall Street Journal
The Last Man Standing in Crypto
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Financial Times
JPMorgan suffers 45bn cyber attacks a day
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American Banker
As charge-offs rise, PNC says it’s positioned to weather the cycle
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Reuters
Japan’s Mizuho hunting for deals to bolster asset management business
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Bloomberg
Mozambique Pays $142 Million to End Credit Suisse Loan Dispute
Jan 16, 2024
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Reuters
Bank valuations could rise by $7 trillion in five years, study finds
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The Wall Street Journal
Got $60 Million? Goldman Sachs Wants to Lend You More
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Bloomberg
Morgan Stanley CEO Ted Pick Inherits a Bank That’s Never Been More Boring
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Financial Times
Why Deutsche Bank won’t lead European bank consolidation
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American Banker
Industry says Basel rule violates law if it isn’t revised