What We're Reading: Page 42
Industry reads hand-picked by our editors
Oct 02, 2023
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The New York Times
Wall Street’s Most Hated Regulator Faces a Fundamental Threat
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Tearsheet
The risky bet of structural reorganization, layoff storm, and slumping stock: Where is Citi headed?
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The Financial Brand
How Fifth Third Is Delivering on the Promise of Digital Transformation
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Axios
How new bank capital rules could hit Black borrowers hardest
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The Wall Street Journal
Greg Beckett’s Life Seemed to Be Going Well. Then He Ended It at Work.
Sep 29, 2023
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Bloomberg
A Fed-Up Jane Fraser Is Downsizing at Citigroup to Fight Bank’s Painful Slump
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The Wall Street Journal
SEC’s WhatsApp Fines Spread Further Across Wall Street
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New York Post
Ex-Goldman analyst charged with insider trading, allegedly tipped off friends
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Financial Times
Credit Suisse warns of $2.2bn in losses as UBS absorbs its rival
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The New York Times
European Central Bank Is Experimenting With a New Tool: A.I.
Sep 28, 2023
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Bloomberg
Inside JPMorgan’s Year of Being Haunted by Jeffrey Epstein
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Financial Times
UBS seeks last-ditch settlement in Mozambique ‘tuna bonds’ case
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The Wall Street Journal
Billions of Dollars in Loans to Board Members Draw Spotlight to Gulf Banks
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American Banker
From Caracas to Miami: One branch manager’s banking journey
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Reuters
US SEC nearing settlement with Wall Street firms over WhatsApp probe
Sep 27, 2023
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Bloomberg
A $12 Million Request to Cover a Crypto Scam Sank a Bank CEO
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Financial Times
Wells Fargo and Centerbridge team up on $5bn private credit fund
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American Banker
Can big profits be a red flag in banking? Yes, a new study finds.
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Reuters
JPMorgan shuffles bosses as Rivas to retire as head of North American investment banking - memo
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CoinDesk
Binance Sells Russian Unit to Day-Old CommEX, Exits Country
Sep 26, 2023
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American Banker
Podcast: Why Ready Life CEO Ashley Bell is buying a Utah bank
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Bloomberg
Goldman CEO Dismisses Calls to End Ties to Fossil-Fuel Firms
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CNBC
‘We have dealt with recessions before’: Jamie Dimon says geopolitics is the world’s biggest risk
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Reuters
UBS and China’s ICBC to explore banking, asset and wealth management collaboration
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Financial Times
Santander ditched EY as financial crime consultant over alleged failings
Sep 25, 2023
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Bloomberg
Wells Fargo Preps for Wealth Battle After $1 Billion Turnaround
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The Guardian
Banking regulator Sam Woods: ‘This is the most intense period since the 2008 financial crisis’
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Kansas Reflector
Opinion: What took down this Kansas bank? It’s a secret, but what saved depositors isn’t.
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Reuters
SEC collects Wall Street’s private messages as WhatsApp probe escalates
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The Wall Street Journal
Some Schwab Customers Say They Want Their TD Ameritrade App Back
Sep 22, 2023
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Axios
Why Wells Fargo is the only big bank where workers are trying to unionize
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Bloomberg
Goldman Sachs Gets Fresh Shot at Ending Costly 1MDB Corruption Scandal
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American Banker
‘Job security forever’: Bank leaders on AI and cyber defense
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Law360
Cannabis-Tied Bank Fired CCO For Whistleblowing, Suit Says
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CNBC
An HSBC-backed startup is using AI to help banks fight financial crime — and eyeing a Nasdaq IPO