What We're Reading: Page 14
Industry reads hand-picked by our editors
Jan 24, 2025
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Bloomberg
FDIC Bid for Anti-Sexual Harassment Experts Paused After DEI Ban
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The Wall Street Journal
World’s Oldest Bank Joins Rush to Consolidate European Lending
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American Banker
GOP floats credit union taxes, repealing FDIC orderly liquidation authority
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Reuters
BNP Paribas’ ESG rethink to focus on profitable sustainable finance
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Financial Times
Citigroup faces €59mn lawsuit over abandoned property IPO
Jan 23, 2025
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The Wall Street Journal
Morgan Stanley Star Banker Michael Grimes Discussing Job in Trump Administration
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SkyNews
Barclays to slash CEO’s fixed pay as package capped at £14m
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American Banker
Atlantic Union says $1.6 billion deal on track to close ahead of schedule
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Reuters
HSBC’s payments app closure puts around 400 jobs at risk, source says
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Financial Times
European banks to reward investors with bumper €123bn in payouts
Jan 22, 2025
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American Banker
Why Fifth Third isn’t prioritizing M&A in Southeast expansion
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Bloomberg
TD Eyes Selling $9 Billion of Mortgages as It Faces Asset Cap
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Reuters
Citi must face New York lawsuit over handling of fraud scams
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The Wall Street Journal
Anti-DEI Activists Target Goldman Sachs and JPMorgan Chase
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Financial Times
Santander considers UK exit amid frustrations with high street banking
Jan 21, 2025
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Bloomberg
Goldman Picks Leaders to Run Wall Street Engines in Revamp
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Reuters
Banks running Trump ‘war rooms’ as bosses prepare for trade ructions
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CNBC
Goldman Sachs rolls out an AI assistant for its employees as artificial intelligence sweeps Wall Street
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Financial Times
Commerzbank explores thousands of job cuts in answer to Andrea Orcel
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The Wall Street Journal
Banks Scrimped on Customer Interest. Now They’re Paying for It.
Jan 17, 2025
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Bloomberg
JPMorgan’s Petno Leaps Into CEO Race After Pair of Promotions
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Reuters
Citi axes more jobs as part of ongoing cost-cutting plan
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Payments Dive
Amex pays $230M to resolve DOJ allegations
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American Banker
CFPB withdraws NSF proposal and earned wage access opinion
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The New York Times
A First-Day Trump Order: A Federal Stockpile of Bitcoin?
Jan 16, 2025
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Reuters
Apple in talks with Barclays, Synchrony to replace Goldman in credit card deal, sources say
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American Banker
Rep. Andy Barr to reintroduce de novo bank bill
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Bloomberg
HSBC Warns of Bonus Cuts as Cost of Restructuring Looms
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Cointelegraph
SEC files opening brief in its appeal against Ripple over XRP
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Financial Times
Top financial watchdog warns climate change set to trigger market panics
Jan 15, 2025
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Bloomberg
Citigroup Reduces Its 401(k) Contributions for Highest Earners
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American Banker
Supreme Court to determine what constitutes ‘truth’ in banking
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Bloomberg Law
State Bank Watchdogs Empowered by CFPB Guidance, Agency Says
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The Wall Street Journal
Macquarie to Invest Up to $5 Billion in Applied Digital AI Data Centers
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Financial Times
Apollo gives chief Marc Rowan five more years