What We're Reading: Page 99
Industry reads hand-picked by our editors
Apr 18, 2023
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Bloomberg
In Morgan Stanley CEO Race, Wealth Boss Emerges as One to Watch
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The New York Times
Tech Leaders Blamed San Francisco for Bob Lee’s Killing. Then Came the Arrest.
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Reuters
Citi bets on ex-Bank of America executive Andy Sieg’s connections to revamp wealth unit
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American Banker
New York is making crypto compliance more expensive
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The Wall Street Journal
SEC Sues Bittrex Crypto Exchange and Former CEO
Apr 17, 2023
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Bloomberg
First Republic Worked Hard to Woo Rich Clients. It Was the Bank’s Undoing
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The New York Times
The End of Faking It in Silicon Valley
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The Wall Street Journal
Banks Are Finally Facing Pressure to Pay Depositors More
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Reuters
Societe Generale to pay $105 million in rate-rigging settlement
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Financial Times
Global regulators consider wider net to catch smaller US banks
Apr 14, 2023
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The New York Times
How Silicon Valley Bank’s Failure Could Have Spread Far and Wide
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Financial Times
HSBC warns rate rises may scupper sale of French retail unit to Cerberus
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American Banker
PPP fraud investigations heat up. Who will be hit next?
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Reuters
BNP Paribas appoints José Placido as its US unit’s CEO
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Bloomberg
JPMorgan Says Frank’s Javice Moved Millions to a Shell Company
Apr 13, 2023
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Bloomberg
There Are No Fees at America’s Smallest Bank
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Financial Times
Goldman reshuffles trading executives after exit of top money spinner
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American Banker
Louisville mourns the loss of five slain Old National employees
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Coin Desk
U.S. Banking Crisis May Be Vindication for Crypto Ecosystem: JPMorgan
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Wall Street Journal
The U.S. Cracked a $3.4 Billion Crypto Heist—and Bitcoin’s Anonymity
Apr 12, 2023
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American Banker
‘Looking into an abyss’: For many lenders, PPP still a source of pride
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The Wall Street Journal
For Regional Banks, Surviving Won’t Be the Same as Thriving
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Bloomberg
Capital One Is Exiting a Lending Business for Car Dealerships
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Financial Times
Deutsche Bank to close down its remaining IT operations in Russia
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The New York Times
Why Ron DeSantis Is Taking Aim at the Federal Reserve
Apr 11, 2023
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The Wall Street Journal
Collapse of SVB, Signature Bank Tests the FDIC’s Executive Reserve Corps
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The New York Times
Bank Turmoil Squeezes Borrowers, Raising Fears of a Slowdown
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American Banker
Former Boston Fed chief joins Berkshire Hills board
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Financial Times
Big US banks expected to report deposit flight in upcoming earnings
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Bloomberg
Groundwater Gold Rush
Apr 10, 2023
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New York Magazine
The Meltdown of a Gay Bank
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American Banker
Ex-Wells Fargo executive Carrie Tolstedt shows up in court
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The New York Times
Banks Are Closing Customer Accounts, With Little Explanation
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Financial Times
Fintech founder parlayed connections for JPMorgan deal before fraud charges
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The Wall Street Journal
Binance.US Struggles to Find Bank to Take Its Customers’ Cash