What We're Reading: Page 71
Industry reads hand-picked by our editors
Jun 26, 2023
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Bloomberg
Goldman Taps Solomon Ally Montag for Board Amid Disquiet in Ranks
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The Wall Street Journal
JPMorgan Director and Billionaire Investor Dies in Auto Racing Crash
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The Financial Brand
Funny ‘Bank of Joyce’ Ads Stand Out in Crowded Atlanta Market
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American Banker
Former FDIC examiner moves closer to dream of opening his own bank
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Bloomberg Law
Wells Fargo to Beef Up Labor Relations Staff Amid Union Campaign
Jun 23, 2023
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American Banker
2023 bank M&A is mired in a slump. Here’s why that could change
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The Wall Street Journal
Yellen Says More Bank Mergers Likely This Year
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Bloomberg
The Big Names That Got Backstop for Billions in Uninsured SVB Deposits
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Financial Times
Opinion: Stress testing needs to reverse to move forward
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The New York Times
JPMorgan’s Epstein Deal Sets No Cap or Minimum on Victims’ Claims
Jun 22, 2023
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The Wall Street Journal
SEC Seeks More Disclosure From Smaller Banks in Wake of Failures
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American Banker
Executive pay clawback bill clears crucial Senate hurdle
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Bloomberg
Ex-Goldman Banker Convicted of Passing Insider Tips to Squash Pal-Turned-Informant
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Financial Times
Swiss central bank calls for overhaul of banking regulations after Credit Suisse rescue
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Reuters
Deutsche Bank plans to cut 10% of 17,000 German retail jobs - source
Jun 21, 2023
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American Banker
‘It’s worth all the hype’: SouthState Bank deploys ChatGPT-like tech
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Financial Times
JPMorgan to cash in insurance policy after botched $175mn Frank deal
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The Financial Brand
First Horizon Back on Offense with $100 Million in Tech Spending to Come
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Tearsheet
The funding drought and consolidations: On Fifth Third Bank’s acquisition of Rize Money
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The Wall Street Journal
When SVB and First Republic Collapsed, So Did Their Employees’ Investments
Jun 20, 2023
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Financial Times
UBS faces hit of hundreds of millions of dollars over Credit Suisse’s Archegos failings
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The Wall Street Journal
SVB Customers Who Lost Their Deposits Remain on the Hook for Loans
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The Financial Brand
How Citizens Bank Became the U.S. Home Equity Leader
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American Banker
‘But is it fair?’: AI systems show promise but questions remain
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Reuters
Deutsche Bank’s new retail boss primed for sector shake-up
Jun 16, 2023
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Financial Times
Wall St bank job cuts set to surpass 11,000 as CEOs unwind hiring binge
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CNBC
‘Is this real?’ JPMorgan court filing shows Frank employees questioned stats before acquisition
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The Wall Street Journal
Fed, SEC Probing Goldman Sachs’s Role in SVB’s Final Days
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Reuters
Bank of America commits $500 million to funds led by minority, women entrepreneurs
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Bloomberg
Carlyle CEO to Take on Banks by Supercharging Financing Unit
Jun 15, 2023
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The New York Times
‘Do You Even Want Us to Exist?’ A Bank Chief Fights to Survive.
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The Wall Street Journal
JPMorgan Says Ex-First Lady of U.S. Virgin Islands Helped Epstein Traffic Women
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Reuters
Goldman’s cost-cutting accelerates as lean times persist
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American Banker
Corporate treasurers to banks: You’re not the only game in town
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Bloomberg
A Goldman Partner’s Sexually Explicit Video Led to Millions in Settlement
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