What We're Reading: Page 50
Industry reads hand-picked by our editors
Jul 14, 2023
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American Banker
‘Passionate’ fight: SBA, IG clash over depth of PPP fraud
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Bloomberg
Bank of America Is Using AI and Metaverse to Train New Hires
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Financial Times
More than 120 senior Credit Suisse investment bankers flee for rivals
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Reuters
Mexico govt no longer interested in buying Citigroup’s local retail unit
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Law360
Quarles ‘Very Convinced’ Fed’s Stress Tests Are Illegally Run
Jul 13, 2023
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Financial Times
Jean-Laurent Bonnafé, BNP’s longtime ‘introvert’ boss
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Bloomberg
Epstein-Staley Emails Reveal Friendship Forged at JPMorgan
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The New York Times
Treasury Taps Sanctions Architect to Lead Financial Crimes Team
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Reuters
Barclays eyes smaller units for growth in strategic review, risks investor ire
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The Wall Street Journal
Banks Can’t Shortchange Savers Forever
Jul 12, 2023
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Bloomberg
Goldman Breaks Its Own Rule to Flag Results Much Worse Than Rivals
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Reuters
Morgan Stanley hires healthcare services banker Cohen from Truist
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American Banker
What’s keeping community bankers up at night
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The Globe and Mail
Laurentian Bank puts itself up for sale, hires advisers to approach other Canadian lenders
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The New York Times
Wall Street’s Recession Warning Is Flashing. Some Wonder If It’s Wrong.
Jul 11, 2023
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American Banker
Citi, TD, Wells Fargo among banks testing regulator-friendly blockchain
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Bloomberg
Morgan Stanley Hires JPMorgan North America M&A Head
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Law360
27 States Tell Justices CFPB Funding Is Unconstitutional
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Financial Times
John Williams: ‘I don’t have a recession in my forecast. I have pretty slow growth’
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The Wall Street Journal
Former FTX Executive Linked to Campaign-Finance Probe of New York GOP Race
Jul 10, 2023
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CNBC
The American banking landscape is on the cusp of a seismic shift. Expect more pain to come
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Financial Times
Big US banks to post largest rise in loan losses since pandemic
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Bloomberg Law
Bank Regulators Look to Existing Tools to Police AI Advances
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The Wall Street Journal
Banks’ Newest Fed Headache: Nonstop Instant Payments
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American Banker
‘It goes beyond just translating’: How bank products become bilingual
Jul 07, 2023
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American Banker
‘Just a kid from Wyoming’: Caitlin Long fights for regulated crypto
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The Wall Street Journal
Help Wanted: Retired Bank Examiners to Unravel Bond Mess
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The New York Times
F.B.I. Searched the Home of Crypto Exchange Founder
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Reuters
UBS overhauls leadership at wealth management division
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Financial Times
Tom Montag, the Wall Street veteran who is back at Goldman Sachs
Jul 06, 2023
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The Wall Street Journal
Everyone Wants Interest on Their Deposits. That’s Bad for Main Street Banks
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American Banker
Supreme Court could limit enforcement powers of U.S. banking agencies
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Law360
Fair Lending Scrutiny Heats Up As DOJ Referrals Surge
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Bloomberg
How a Morgan Stanley Derivatives Salesperson Became a Celebrity Chef
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Financial Times
What’s in a name? A lot of confusion for banks after SVB’s failure
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