What We're Reading: Page 64
Industry reads hand-picked by our editors
Feb 22, 2023
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American Banker
Bank mascots had their day. The latest to step down is the BMO Harris lion.
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Bloomberg
JPMorgan Clamps Down on Staff’s Use of AI-Powered ChatGPT
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CNBC
GOP lawmakers vilify ESG moves at BlackRock, Vanguard but take their money nonetheless
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Financial Times
Silicon Valley Bank profit squeeze in tech downturn attracts short sellers
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The Wall Street Journal
Stablecoins Attract Scrutiny in SEC’s Drive to Control Crypto
Feb 21, 2023
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Reuters
Credit Suisse chairman’s comments draw scrutiny from financial watchdog - sources
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Financial Times
David Solomon prepares to explain himself to Goldman Sachs investors
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Bloomberg
JPMorgan Cuts About 30 Investment Banking Jobs in Asia Pacific
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American Banker
Big banks pay up for online deposits, but with a catch
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Law360
Lender Must Face All Charges At $932M COVID Fraud Trial
Feb 17, 2023
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American Banker
U.S. Bank uses internal ‘volunteers’ to lead 7,000-person cloud certification
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Bloomberg
Bankers Whose Job Title Includes ‘ESG’ Are Dodging Wave of Cuts
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The Wall Street Journal
Emails Reveal Deep Ties Between Jeffrey Epstein, Former Barclays CEO Jes Staley
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Financial Times
Citi senior executive and dealmaker Verme dies
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Bloomberg Law
CFPB Beefs Up Legal, Legislative Staff Amid Mounting Challenges
Feb 16, 2023
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American Banker
Banking on sisterhood: A Black sorority launches a credit union
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Bloomberg
Ex-Goldman Banker Argues 1MDB Bribes Only $1 Billion, Not $2 Billion
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Reuters
Crypto giant Binance moved $400 million from U.S. partner to firm managed by CEO Zhao
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Financial Times
StanChart chief vows to succeed alone after Abu Dhabi takeover interest
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Cointelegraph
Brazil’s oldest bank allows residents to pay their taxes using crypto
Feb 15, 2023
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CNBC
Goldman Sachs scraps idea for direct-to-consumer credit card after strategy shift
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American Banker
Warren targets bank regulators’ permissiveness on mergers
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Bloomberg
Morgan Stanley Doubles Down on ESG Despite the Politics
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The Wall Street Journal
SEC Proposes Rule That Could Squeeze Coinbase, Other Crypto Platforms
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Reuters
Barclays docks execs’ pay by 1 million pounds over regulatory failures
Feb 14, 2023
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The New York Times
Biden Picks Brainard to Lead National Economic Council
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American Banker
The case for more crypto-friendly banks
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Reuters
Analysis: Washington pushes for harsher action against banks with Russia ties
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Law360
Top Bank Trade Exec Rattles Litigation Saber at ‘Rogue’ CFPB
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Bloomberg
Powell Takes Home the Same Paycheck as the Average Wall Street Associate
Feb 13, 2023
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American Banker
‘It takes a lot of expertise’: Banks use tech to serve pot businesses
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The New York Times
What Layoffs? Top Wall Street Traders Score Giant Paydays
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Reuters
Ukraine’s Zelenskiy met JPMorgan bankers over rebuilding efforts
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CNBC
Communities struggling with banking access give banks on wheels a spin
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Financial Times
Deutsche forex mis-selling probe finds staff acted in ‘bad faith’ for years
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