What We're Reading: Page 34
Industry reads hand-picked by our editors
Dec 20, 2023
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Bloomberg
Citi Suit Raises #MeToo Claims at Wall Street’s Top Levels
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American Banker
Two-year-old California bank amasses $500M expansion war chest
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The New York Times
The Hot New Market in Crypto? Trading FTX’s Carcass.
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Reuters
Global regulators make tackling non-bank leverage a priority for 2024
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Financial Times
German banker’s diaries add to Olaf Scholz’s political woes
Dec 19, 2023
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Reuters
Former First Republic workers sue FDIC over withheld retirement pay
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The Wall Street Journal
Why UBS Wants to Be the No. 6 Investment Bank in the U.S. (Yes, No. 6)
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New York Post
Morgan Stanley bankers hope new CEO Ted Pick ends fines in brutal texting clampdown
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Bloomberg
Wall Street’s Dramatic Year Ends With Flat Bonuses for Traders
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American Banker
Citizens making it easier for new customers to reroute direct deposits
Dec 18, 2023
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Bloomberg
Dimon’s Heir at JPMorgan Still Hazy as ‘Five More Years’ Tick By
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American Banker
PNC, U.S. Bank closed roughly one in 10 branches in 2023
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The Wall Street Journal
This Bonus Season, It’s Better to Be a Lawyer Than Banker
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Reuters
Focus: Goldman Sachs faces rocky exit from Apple credit card partnership
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Financial Times
Barclays risks centuries-old ties with Cambridge university over fossil fuel financing
Dec 15, 2023
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American Banker
Dramatic collapses made 2023 the biggest year ever for bank failures
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Financial Times
Ex-Credit Suisse chief Tidjane Thiam takes first step in campaign to lead Ivory Coast
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The Wall Street Journal
Banks Struggled With Higher Rates, but They Might Come to Miss Them
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Reuters
NatWest ‘debanking’ review finds potential breaches of FCA rules
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Law360
Nearly 100 Dems Urge CFPB To Limit Arbitration Clauses
Dec 14, 2023
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The Wall Street Journal
Oklahoma Finds It Hard to Break Up With JPMorgan and BlackRock
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American Banker
Why banks may still face pain on deposit costs next year
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Reuters
BofA’s former head of wealth, private bank Keith Banks to retire
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Bloomberg
Scotiabank to Add Hundreds of Advisers to Catch Up With Canada Rivals on Wealth
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Law360
Holland & Knight Faces Overbilling Suit From Ex-Bank CEO
Dec 13, 2023
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American Banker
JPMorgan shuttering robo-adviser, citing low profits
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Bloomberg Law
SVB Financial Has to Fight Over Billions Outside of Bankruptcy
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Tearsheet
“Don’t just do the work — represent the value of the work”: Bank of America’s Michelle Boston
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Financial Times
Sheila Bair: Regulators must resist banks’ magical thinking
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The New York Times
The Power Vacuum at the Top of the Crypto Industry
Dec 12, 2023
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American Banker
Regulatory pressures to merge intensify at larger banks
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Bloomberg
JPMorgan Is in a Fight Over Its Client’s Lost $50 Million Fortune
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Reuters
US sanctions proposed buyer of HSBC’s Russian business
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Financial Times
Fed should stress test US banks for China war risk, House panel says
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The New York Times
You Be the Banker: Would You Close This Bartender’s Account?