What We're Reading: Page 96
Industry reads hand-picked by our editors
Aug 15, 2022
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Bloomberg
Wells Fargo Plans Major Retreat From Mortgage Business It Long Dominated
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The Wall Street Journal
Anshu Jain, Who Helped Make Deutsche Bank a Trading Powerhouse, Dies
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American Banker
Refugees offer untapped banking talent in tight labor market, BMO says
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Verdict
Revolut believes it can make it big in the USA despite the market slump
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Financial Times
Inside SocGen’s succession plan: Why the French bank needs a fresh start
Aug 12, 2022
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Bloomberg Law
SEC, Ex-Wells Fargo VP in Settlement Talks Over Accounts Scandal
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Reuters
German regulator fines Bank of America $5.3 million for reporting delays
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American Banker
Marqeta’s C-suite shake-up accompanies a shift to add large banks
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Bloomberg
Credit Suisse Weighs Break With Trading Unit That Minted Billions
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Tearsheet
Marcus by Goldman Sachs’ CFO, Liz Ewing, on consumer finance amid rising inflation
Aug 11, 2022
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CNBC
Ripple Labs interested in bankrupt crypto lender Celsius’ assets
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Philadelphia Business Journal
To sell or not to sell: The Vernon Hill era is over, but where does Republic First go from here?
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American Banker
M&A jitters abound, but some banks forge ahead
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The Wall Street Journal
SEC Investigating Melvin Capital Management
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Financial Times
Credit Suisse steps up legal claim against SoftBank in $440mn dispute
Aug 10, 2022
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Business Insider
Inside Goldman Sachs CEO David Solomon’s struggles to right his Marcus consumer banking unit
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American Banker
Banking groups plead with Biden administration for bigger crypto role
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The New York Times
Peter Schiff Has a Deal With Puerto Rico to Liquidate His Euro Pacific Bank, He Says
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The Wall Street Journal
Regulators Weigh Asking Hedge Funds to Report Crypto Exposure
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Bloomberg Law
New York Helps Holocaust Survivors Skip Bank Fees on Reparations
Aug 09, 2022
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CNBC
Apple Card’s rapid growth, outside vendors blamed for mishaps within Goldman’s credit-card business
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Bloomberg Law
Banks Fear Top Grades Out of Reach in Community Lending Rewrite
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American Banker
City National banker died in White House lightning strike
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The New York Times
Treasury Dept. blacklists crypto platform Tornado Cash
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The Wall Street Journal
Coinbase’s Rapid Rise Left It Exposed to Crypto’s Collapse
Aug 08, 2022
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The Wall Street Journal
U.S. Weighs New Rules for Regional Banks, Complicating Merger Plans
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American Banker
What the Senate’s sweeping climate, tax package means for banks
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The Financial Brand
How Ally Bank’s CMO Course-Corrects Messaging for a Tough Economy
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Bloomberg
Citigroup Sued by Loomis Sayles Over $70 Million in Trade Losses
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Financial Times
Opinion: In defense of stablecoins
Aug 05, 2022
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The Real Deal
Quontic Bank’s Steven Schnall dies in motorcycle accident
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CNBC
A ‘shakeout’ among mortgage lenders is coming, according to CEO of bank that left the business
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Bloomberg
Toomey Chides Fed for Withholding Documents in Raskin Fight
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The Wall Street Journal
Voyager Digital Is Cleared to Return $270 Million to Customers
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American Banker
M&T, Credit Suisse see biggest jumps in stress capital requirements
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