What We're Reading: Page 91
Industry reads hand-picked by our editors
Dec 15, 2022
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Financial Times
Sheila Bair: ‘I feel for the regulators. You’re damned if you do and you’re damned if you don’t’
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S&P Global Market Intelligence
US digital banks leading the race to raise yields on consumer deposit accounts
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American Banker
Lawmakers caution SBA on admitting fintech lenders to 7(a) program
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Law360
Sens. Float Bill To Boost AML Rules For Crypto, Ban ‘Mixers’
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CNBC
Binance CEO Zhao brushes off $2.1 billion FTX clawback concerns
Dec 14, 2022
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Reuters
HSBC to stop funding new oil and gas fields as part of policy overhaul
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Bloomberg
Goldman’s Celebrated Club Shrinks Further With Tim O’Neill Exit
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American Banker
In rural Alaska villages, internet banking comes with challenges
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Financial Times
Opinion: Credit Suisse First Boston 2.0: what could possibly go right?
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Law360
FDIC’s Gruenberg, Other Biden Nominees Advance In Senate
Dec 13, 2022
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Reuters
Danske Bank pleads guilty to resolve long-running Estonia money-laundering probe
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Financial Times
‘Just another cheque’: Saudi National Bank’s move into Credit Suisse
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Bloomberg
BMO Selling $2.3B in Stock After Regulator Boosts Buffer
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The Wall Street Journal
Credit Suisse’s Next Mission: Win Back Customers
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CNBC
Binance temporarily halts withdrawals of stablecoin USDC as investor concerns mount after FTX collapse
Dec 12, 2022
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The Wall Street Journal
Small Banks Warn They Might Have to Drop Zelle Over Scam Payment Costs
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Financial Times
Film: US bank branch closures widen social inequality
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American Banker
One bank’s journey to modernize its contact center
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Tearsheet
The dawn of bank branch 2.0?
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Reuters
U.S. Justice Dept. is split over charging Binance as crypto world falters, sources say
Dec 09, 2022
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Semafor
Goldman Sachs may cut senior employee bonus pool by half
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CNBC
Walmart-backed fintech startup plans to launch its own buy now, pay later loans
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Bloomberg
Ex-JPMorgan Gold Trader Found Guilty of Fraud in Spoofing Trial
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American Banker
‘I just don’t think they’ll ever get approved’: PNC’s Demchak on M&A delays
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Financial Times
Santander UK fined £108mn for anti-money laundering failures
Dec 08, 2022
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Bloomberg Law
Big Banks Eye Potentially ‘Contagious’ Wells Fargo Union Push
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CNBC
Justice Department tells bankers to confess their misdeeds to cut better enforcement deals
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The Wall Street Journal
The $42 Billion Question: Why Aren’t Americans Ditching Big Banks?
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American Banker
The need for nonbank regulation is a consensus issue for the Fed
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Financial Times
Monte dei Paschi: how far did Italy go to draw a line under its troubled bank?
Dec 07, 2022
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American Banker
Wells Fargo’s Scharf puts new emphasis on growth
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Reuters
Barclays names Currie as chief operating officer in management reshuffle
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Financial Times
Signature says it is ‘not just a crypto bank’ as it sheds deposits
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The Wall Street Journal
David Solomon: Blockchain Is Much More Than Crypto
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The New York Times
The ‘SPAC King’ Is Over It
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