What We're Reading: Page 35
Industry reads hand-picked by our editors
Dec 11, 2023
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CNBC
Regulators caught Wells Fargo, other banks in probe over mortgage pricing discrimination
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Reuters
BofA appoints 334 new managing directors, down 8% from last year
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Bloomberg
Goldman Sachs Rejigs Private Credit Unit in Bid to Double Assets
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Financial Times
UBS hit with $400mn of Credit Suisse-linked property costs
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Tearsheet
Why Citi CEO Jane Fraser calls the firm’s Treasury and Trade Solutions a ‘thing of beauty’
Dec 08, 2023
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Business Insider
Wall Street’s loneliness crisis
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American Banker
Republicans press for more information about ex-OCC fintech czar
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Bloomberg
Wall Street Cop Tried to Ban Firm for 60,000% Fee Hike. It Hasn’t Been Easy.
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The New York Times
Congress Passed a Money Laundering Law. Interest Groups Are Still Fighting It.
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Financial Times
‘Unusual convoy’: the mission to retrieve 900,000 banknotes from north Gaza
Dec 07, 2023
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Law360
Judge Again Denies BofA’s Bid To Exit Zelle Fraud Case
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Reuters
Canada’s anti-money laundering agency imposes C$7.5 million penalty on RBC
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Bloomberg
Laurentian Bank Misses Every Financial Target, Will Take Restructuring Charge
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American Banker
Why Discover decided to walk away from student loans
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Financial Times
Opinion: CBDCs still have not found their raison d’être
Dec 06, 2023
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The Wall Street Journal
Texas Bank Overdraws Its Own Accounts After Messy Tech Update
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Bloomberg
Banc of California to Move Headquarters to Los Angeles After PacWest Purchase
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Reuters
US regulators clamp down in bid to prevent more bank failures
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American Banker
How one bank uses generative AI to fight domestic abuse
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Financial Times
BlackRock to roll out first generative AI tools to clients next month
Dec 05, 2023
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Bloomberg
Nobody Wants to Be a Bank Examiner Anymore
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The Wall Street Journal
A Divorce With Apple, Internal Strife: How Goldman’s Main Street Bet Failed
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American Banker
People confuse FedNow with digital dollar. Why that’s a problem.
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Financial Times
The real impact of the ESG backlash
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Reuters
HSBC tests protecting FX trading from quantum computer attacks
Dec 04, 2023
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Financial Times
UBS sells Credit Suisse jet used by Horta-Osório during Covid breaches
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American Banker
Rep. Maxine Waters asks PNC, Wells to put bank branches in her district
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Fortune
Gary Gensler has remade the SEC into a crypto nemesis and climate warrior. Now a backlash is brewing
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Bloomberg
What Banks Really Mean When They Put Trillions Into ESG
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Reuters
Qatar to sell around $644 million shares in Barclays
Dec 01, 2023
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Bloomberg Law
Wells Fargo and Regions Banks’ Overdraft Fees in CFPB Crosshairs
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American Banker
Nandita Bakhshi, former Bank of the West CEO: The exit interview
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Law360
Citi Owed $183M In Tax Breaks From ‘80s, Claims Court Says
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Bloomberg
Wall Street Takes Fight Over Arcane Banking Rules to Main Street
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The Wall Street Journal
Binance Begins Again With U.S. Oversight. Will It Survive?