What We're Reading
Industry reads hand-picked by our editors
Nov 20, 2024
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American Banker
Why banks’ office loan troubles may soon fade
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The New York Times
Trump Taps Wall St. Executive Howard Lutnick for Commerce Secretary
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Bloomberg
Credit Suisse Survived a Bank Run Only to Succumb to Scandal
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Reuters
Santander UK sets aside $375 million to cover possible motor finance claims
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CNBC
FTX co-founder Gary Wang avoids prison time for role in crypto fraud
Nov 19, 2024
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American Banker
Trump’s FDIC has work cut out for it in repairing culture
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Bloomberg
Botin’s Costly Credit Suisse Hiring Spree Is Reshaping Santander
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Financial Times
Donald Trump’s social media group in talks to buy crypto trading venue
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Reuters
UBS boss Ermotti flags Credit Suisse client migration challenge
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The Wall Street Journal
We Can’t Give Up Paper Checks, and That’s a Gold Mine for Scammers
Nov 18, 2024
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Bloomberg
Goldman Readies Plans to Spin-Out Its Digital Assets Platform
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The Financial Brand
Chase’s AI Chief Explains Why the Biggest Banks Will Win the AI Race (Probably)
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Reuters
Elon Musk’s political rise stirs hopes for banks that financed his X purchase
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American Banker
Morgan Stanley seeks TRO against top producer who joined Raymond James
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Financial Times
Singapore oil trader sentenced to 17 years for ‘cheating’ HSBC over $112mn
Nov 15, 2024
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Business Insider
Inside the Goldman Sachs marketing push that has some execs perplexed
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Barron’s
Citigroup’s Ties to Russian Oligarch Kerimov Draw Federal Scrutiny
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The Wall Street Journal
No One Can Find Safe-Deposit Boxes Anymore
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Bloomberg
Banks Raise Capital to Brace for Further Commercial Property Losses, Fed Says
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MySanAntonio.com
USAA’s mobile check cashing lawsuit in the hands of federal courts
Nov 14, 2024
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Bloomberg
Fed Refuses to Back Basel Climate Plan, Leaving Talks in Limbo
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Financial Times
Inside Goldman Sachs’ years-long power struggle over its China venture
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The Wall Street Journal
How Beijing Took Control of Hong Kong’s Financial Hub—and Left the West Behind
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American Banker
EverBank joins California’s latest gold rush
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CNBC
Gary Gensler says he was ‘proud to serve’ as SEC chair, defends his approach to crypto regulation
Nov 13, 2024
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Bloomberg
Citigroup CEO Fraser Says It’s ‘Game On’ for Deals in the US
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Law360
Ex-FDIC Head Urges Banks To ‘Push Back’ Against Examiners
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Reuters
US scrutinizes Russia accounts UBS took over from Credit Suisse, sources say
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American Banker
How banks are prioritizing mental health in the workplace
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The New York Times
A Banker Is Scouting Trump’s Nominees. Some Will Oversee His Interests.
Nov 12, 2024
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The Wall Street Journal
The Outsider Trying to Restore Citi to Investment-Banking Glory
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American Banker
What Trump presidency will mean for banks’ AI projects
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Law360
SEC Sues Ex-Fed Examiner For Insider Trading On Bank Stocks
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Reuters
Britain’s watchdog fines Metro Bank $20 million for control failings
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Financial Times
Opinion: A Wall Street giddy over Trump should remember history