What We're Reading: Page 52
Industry reads hand-picked by our editors
May 21, 2024
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Reuters
Conservative investor pulls JPMorgan resolution, cites changes addressing ‘politicized finance’
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American Banker
Why bankers should be more worried about stablecoin legislation
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The Wall Street Journal
The Crypto Industry Is Trying to Elect Political Allies. The Stakes Couldn’t Be Higher.
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Law360
TD Bank Ex-Employees Ordered To Back Off Client Contacts
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The New York Times
This Man Did Not Invent Bitcoin
May 20, 2024
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The Wall Street Journal
Dimon Led Bank CEOs to Fend Off Tougher Capital Rules
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American Banker
Community banks grapple with policies to cover hidden risks of AI
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Bloomberg
Speedier Wall Street Trades Are Putting Global Finance On Edge
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Reuters
Russian court seizes Deutsche Bank, Commerzbank assets as part of lawsuit
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Bloomberg Law
Banking Regulators See Relief From Funding Fights in CFPB Ruling
May 17, 2024
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South Florida Sun Sentinel
Lawsuit accuses Wells Fargo of ‘aiding and abetting’ alleged Ponzi scheme
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Bloomberg
A 25-Year-Old BofA Trader Dies Suddenly at Industry Outing
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Law360
Ex-Execs Accuse Truist Of Hijacking Control Of Mortgage Unit
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American Banker
TD tests generative AI in contact centers, software development
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Reuters
Russian court seizes 462.7 mln euros of UniCredit assets
May 16, 2024
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American Banker
A Black-owned bank bets big on AI
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Reuters
How small businesses became Goldman Sachs allies to fight Washington regulations
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CBS News
Bank employee hasn’t missed a day of work in 47 years. Now he’s getting ready to retire.
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Bloomberg
Goldman Tech Guru Says AI Spurring ‘Revenge of the Liberal Arts’
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Financial Times
US Treasury threatens Austria’s Raiffeisen Bank over Russia unit
May 15, 2024
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Reuters
Bank of America banker who died had sought to leave, citing long hours, recruiter says
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Law360
FINRA Official Calls Off-Channel Flags ‘Shockingly Common’
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American Banker
How a Minnesota bank is jumping into the earned wage access market
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Financial Times
Opinion: Can banks really fix the climate crisis?
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Bloomberg Law
Ally Financial Is Stuck With $4 Million Alabama Excise Tax Bill
May 14, 2024
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Financial Times
The governor, the community bank and the hunt for the missing Greensill billions
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Reuters
BNP Paribas CEO dampens hopes for European bank M&A revival
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Bloomberg Law
Banks Warn Free Accounts at Risk in Fed’s Debit Swipe Fee Plan
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Law360
Banking Groups Oppose FDIC Position On Interstate Lending
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The New York Times
Biden Bans Chinese Bitcoin Mine Near U.S. Nuclear Missile Base
May 13, 2024
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Bloomberg
Bank of Montreal Cuts More US Investment Bankers in Drive for Savings
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American Banker
FirstBank hired hackers to breach its systems. It took them three years.
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Law360
Capital One Accused Of Not Fully Investigating Fraud Claims
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The Wall Street Journal
CFTC Wants to Ban Trades Tied to Elections, Sports and Awards Contests
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Reuters
US Treasury’s Yellen says Congress should act on nonbank mortgage sector