What We're Reading: Page 22
Industry reads hand-picked by our editors
Apr 25, 2024
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American Banker
Why Texas has its own account with the Federal Reserve
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Financial Times
Jefferies boss sells $65mn in stock to buy a customer’s yacht
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The Financial Brand
FinWise Sweats Small Stuff to Make BaaS Work
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Bloomberg
Citi’s Fraser Wary of Insurance Giants’ Role in Private Credit
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The Wall Street Journal
Main Street Banking Model Is Being Squeezed
Apr 24, 2024
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The Wall Street Journal
Wall Street Has Abandoned Wall Street
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Reuters
NYCB faces tough choices on CRE loans, balance sheet diversification
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Bloomberg
Opinion: Jamie Dimon Has a Rival in Tech: Silicon Valley Bank
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American Banker
If Supreme Court sides with CFPB, ‘flurry’ of litigation moves forward
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Financial Times
Apollo sells stake in asset-backed lending unit to insurer MassMutual
Apr 23, 2024
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The Wall Street Journal
Turning a Vault Into a Bomb Shelter: How Citigroup Has Kept Its Bank Running Inside Ukraine
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Bloomberg
Big Banks Face Probe Over Non-Disclosure Agreements in Swaps, Clearing Businesses
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American Banker
How a Tennessee credit union uses generative AI to foster fair lending
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Financial Times
Goldman Sachs moves senior banker to Paris in post-Brexit revamp
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The New York Times
‘Pay Later’ Lenders Have an Issue With Credit Bureaus
Apr 22, 2024
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Bloomberg Law
CFPB Internal Shakeup to Supercharge Fintech, Big Bank Cops
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The Wall Street Journal
Move Aside, Big Banks: Giant Funds Now Rule Wall Street
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American Banker
Comerica says its AI bot performs work of six IT help desk agents
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Reuters
Five waves of UBS layoffs to start in June, SonntagsZeitung says
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Law360
Kansas City Bank Sued Over Prepaid Cards For Ex-Detainees
Apr 19, 2024
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American Banker
Is the Fed board eroding regional Fed banks’ independence?
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Bloomberg Law
Banking Regulators to Appeal Pause on Anti-Redlining Rewrite
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The Wall Street Journal
The Coney Island Apartment Complex That Nearly Sparked a Banking Panic
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Financial Times
JPMorgan warns of need for ‘reality check’ on phasing out fossil fuels
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The New York Times
How a Crypto Compliance Officer Ended Up in a Nigerian Prison
Apr 18, 2024
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Bloomberg
State Street Said to Explore Acquisition of SocGen’s Custody Arm
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Reuters
Banks told to anticipate risks from using AI, machine learning
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Law360
Flagstar Bank Beats Overdraft ‘Fee Maximization’ Suit
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American Banker
Q&A: Frank Lucas says ‘K Street doesn’t pick the chairman’ of HFSC
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The Wall Street Journal
Americans Throw Away Up to $68 Million in Coins a Year. Here Is Where It All Ends Up.
Apr 17, 2024
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Bloomberg
Bankers Hit With Millions in Breakup Fees for Ditching New Jobs
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Law360
CFPB Moves To ‘Streamline’ How It Tags Nonbanks For Exams
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CNBC
Regional bank earnings may expose critical weaknesses, former FDIC Chair Sheila Bair warns
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American Banker
Q&A: Rep. French Hill on his bid to lead Republicans on the HFSC
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Reuters
Spain’s Santander to exit mortgage business in Germany and cut 500 jobs
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