What We're Reading: Page 166
Industry reads hand-picked by our editors
Aug 10, 2020
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Time
Bank of America CEO Brian Moynihan Is Still Optimistic About the Economy — and the Lure of Cash
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Business Insider
A peek inside Goldman Sachs' internal idea factory that's hatched products like a LinkedIn for Wall Street.
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Bloomberg Law
Goldman, Morgan Stanley Face Tightest Capital Standards at Fed
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American Banker
Big choices about who will lead financial regulators after 2020 election
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Financial Times
Banks braced as pandemic poses biggest test since financial crisis
Aug 07, 2020
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AltFi
Lending Club: Loan originations drop 90% during COVID-19
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American Banker
Rellevate, challenger bank for the working poor, goes live
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The Washington Post
Federal Reserve data show little appetite so far for its $600 billion Main Street lending program
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Bloomberg
Wall Street's Top Ranks Look Nothing Like the Nation They Serve
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Financial Times
Prosecutors suspect Wirecard was looted before collapse
Aug 06, 2020
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American Banker
How DoorDash and a challenger bank helped rescue a restaurant
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Bloomberg Law
Wells Fargo Hit With Race Bias Suit by Ex-VP Banker
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Business Insider
Bank of America sent 3.2 million mistaken emails about fraud claims to customers including Merrill Lynch and private bank clients
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The New York Times
Trump's Bank Was Subpoenaed by N.Y. Prosecutors in Criminal Inquiry
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Financial Times
Wirecard business partner reported dead in Philippines
Aug 05, 2020
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Financial Times
Wells Fargo to dramatically cut consultancy spend after internal backlash
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Barron's
Kabbage Considers a Sale. It’s Expected to Seek Up to $1 Billion.
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Charlotte Business Journal
Truist merges investment banking, capital markets operations
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PYMNTS.com
What Digital Banks Are Doing Right
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TechCrunch
Mobile bank Current launches a points rewards program for debit card users
Aug 04, 2020
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The Wall Street Journal
When Their PPP Loans Didn't Come Through, These Businesses Broke Up With Their Banks
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American Banker
Banks get creative in containing hotel credit risk
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Bloomberg
Rapper Killer Mike Wants to Save America's Disappearing Black Banks
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Reuters
U.S. banks tightened lending standards, loan demand dropped in Q2, Fed says
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Financial Times
China's new digital currency takes aim at Alibaba and Tencent
Aug 03, 2020
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The Wall Street Journal
Wells Fargo Sold Assets to Stay Under Fed Asset Cap as Markets Lurched
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Bloomberg Law
Santander Says It's Facing Potential CFPB Enforcement Action
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The Associated Press
HSBC says net profit plunged 96% in 2Q as pandemic took hold
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Financial Times
State Street lashes out at new US ESG rule
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Bloomberg
The Only One in the Room: What It's Like Being Black on Wall Street
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Business Insider
We mapped out Citi's 42 most powerful investment bankers. Here's our exclusive org chart.
Jul 31, 2020
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American Banker
De novo started by gamblers rolls dice on banking them
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Sifted
Monzo sees losses double despite revenue bump
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Reuters
Free lunch! Bosses lure bankers back where they can see them
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Bloomberg
People Fear They've Got Too Much Cash in Their Bank Accounts
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The Wall Street Journal
Coronavirus Is the Crisis Some Bank Investors Have Been Waiting For
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