What We're Reading: Page 54
Industry reads hand-picked by our editors
Jun 01, 2023
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Bloomberg
Wall Street Banks Are Using AI to Rewire the World of Finance
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CNBC
JPMorgan’s Dimon says other execs at the bank could have booted Epstein when he was a client
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Financial Times
How HSBC’s China battle threatens to ‘heat right back up’
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American Banker
Why banks need to start planning to use quantum computing
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Reuters
Mexico mulls benefits of Banamex purchase, eyes synergies with state bank
May 31, 2023
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The Wall Street Journal
Jamie Dimon Says He Never Discussed Jeffrey Epstein’s Accounts at JPMorgan; Jes Staley Says Dimon Did
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Law360
‘No Mea Culpas’: Barney Frank Rejects Bank Failure Blame
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American Banker
Comerica in ‘serious violation’ of Treasury’s Direct Express program
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Reuters
Credit Suisse axes China bank plan to avoid regulatory conflict under UBS
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Bloomberg
SEC Queries Private Equity Firms That Pulled Cash as Silicon Valley Bank Failed
May 30, 2023
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Bloomberg
PacWest Bosses Were Trying to Start Over. Then SVB Failed
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The Financial Brand
JPMorgan Chase Defends Contrarian Branch Strategy as Deposit-Gathering Machine
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The Wall Street Journal
Goldman Sachs Executive Dina Powell McCormick to Depart for Merchant Bank
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American Banker
‘It’s hard for banks to be taken seriously’: The essentials of crisis communication
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Financial Times
Peter Orszag: the ‘scholar-banker’ named to restore Lazard’s fortunes
May 26, 2023
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The Wall Street Journal
Lazard Names Peter Orszag as Next CEO
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Financial Times
Credit Suisse ordered to pay $926mn to former prime minister of Georgia
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CNBC
JPMorgan Chase says Jeffrey Epstein paid tuition for kids of U.S. Virgin Islands governor
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Reuters
BofA must face class action over 2020 benefit card fraud
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Fortune
Caroline Ellison: How a young math whiz with an appetite for risk became a major player in Sam Bankman-Fried’s corrupt crypto empire
May 25, 2023
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Financial Times
Can Morgan Stanley pull off a bloodless succession?
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The Wall Street Journal
Banking Crisis Is Over, Top Executives Say
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American Banker
Did the Supreme Court just raise the bar on banking enforcement actions?
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Bloomberg
First Republic’s $35 Million Banker Outearned JPMorgan’s Dimon Before Bust
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Reuters
Crypto lender Celsius picks Fahrenheit’s bid for bankruptcy exit
May 24, 2023
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The Wall Street Journal
‘I Came to Kill the Banks.’ Meme-Stock Traders Find a New Passion.
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CNBC
Former JPMorgan exec Jes Staley loses bid to dismiss suit over Jeffrey Epstein ties
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Financial Times
US regional banks swap $220bn in deposits to soothe insurance nerves
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Reuters
HSBC puts global footprint under fresh scrutiny, considers dozen exits
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American Banker
FDIC remains trusted, but will fight for access and punish ‘imitation banks’: Gruenberg
May 23, 2023
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The Wall Street Journal
JPMorgan Makes One of the Biggest Bets Ever on Carbon Removal
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Financial Times
Exodus of US investment advisers sparked by mergers and bank turmoil
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Bloomberg Law
Wells Fargo Faces Third Claim of Intimidating Union Organizers
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American Banker
AI will make workers ‘superhuman’: Goldman Sachs CIO Marco Argenti
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Reuters
Austria’s Raiffeisen attempts last-ditch Russian spin-off - sources
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