What We're Reading: Page 14
Industry reads hand-picked by our editors
Nov 25, 2024
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Financial Times
Goldman Sachs takes $900mn hit on Northvolt investment
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American Banker
A small-dollar business lending scheme finds a niche at Huntington
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Bloomberg
Citi Bonuses Buy Time for New Wealth Boss’s Rush to Revamp
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Reuters
UK regulator fines Barclays $51 million after it drops appeal over Qatar dealings
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The Wall Street Journal
The Arkansas Banker Vying to Run Congress’s Powerful Financial Committee
Nov 22, 2024
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American Banker
Inside BNY’s plans to upgrade Eliza, its generative AI platform
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Bloomberg
Fed’s Pandemic Program to Help Main Street Is Now a Burden for Businesses
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CNBC
‘I have no money’: Thousands of Americans see their savings vanish in Synapse fintech crisis
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Reuters
Citi sues ex-law firm group bankers over trade secrets
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Financial Times
Three Bank of America bankers in India depart over alleged client tips
Nov 21, 2024
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American Banker
‘Fundamental breakdown’: How USAA landed in regulators’ hot seat
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Financial Times
BofA targets regional banks to expand risk transfer market
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The New York Times
Archegos Founder Bill Hwang Is Sentenced to 18 Years
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Bloomberg
Trump Team Mulls Creating First-Ever White House Crypto Role
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Law360
FDIC Says BofA Deliberately Underpaid For Deposit Insurance
Nov 20, 2024
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American Banker
Why banks’ office loan troubles may soon fade
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The New York Times
Trump Taps Wall St. Executive Howard Lutnick for Commerce Secretary
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Bloomberg
Credit Suisse Survived a Bank Run Only to Succumb to Scandal
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Reuters
Santander UK sets aside $375 million to cover possible motor finance claims
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CNBC
FTX co-founder Gary Wang avoids prison time for role in crypto fraud
Nov 19, 2024
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American Banker
Trump’s FDIC has work cut out for it in repairing culture
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Bloomberg
Botin’s Costly Credit Suisse Hiring Spree Is Reshaping Santander
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Financial Times
Donald Trump’s social media group in talks to buy crypto trading venue
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Reuters
UBS boss Ermotti flags Credit Suisse client migration challenge
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The Wall Street Journal
We Can’t Give Up Paper Checks, and That’s a Gold Mine for Scammers
Nov 18, 2024
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Bloomberg
Goldman Readies Plans to Spin-Out Its Digital Assets Platform
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The Financial Brand
Chase’s AI Chief Explains Why the Biggest Banks Will Win the AI Race (Probably)
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Reuters
Elon Musk’s political rise stirs hopes for banks that financed his X purchase
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American Banker
Morgan Stanley seeks TRO against top producer who joined Raymond James
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Financial Times
Singapore oil trader sentenced to 17 years for ‘cheating’ HSBC over $112mn
Nov 15, 2024
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Business Insider
Inside the Goldman Sachs marketing push that has some execs perplexed
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Barron’s
Citigroup’s Ties to Russian Oligarch Kerimov Draw Federal Scrutiny
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The Wall Street Journal
No One Can Find Safe-Deposit Boxes Anymore
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Bloomberg
Banks Raise Capital to Brace for Further Commercial Property Losses, Fed Says
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MySanAntonio.com
USAA’s mobile check cashing lawsuit in the hands of federal courts