What We're Reading: Page 171
Industry reads hand-picked by our editors
Jun 18, 2020
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The New York Times
'Banking While Black': How Cashing a Check Can Be a Minefield
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American Banker
Inside OCC's effort to extract $37.5M from former Wells Fargo execs
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CIO Dive
Banking trojan resurfaces targeting JPMorgan, Capital One
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The Wall Street Journal
U.S. Experiencing Coin Shortage Due to Coronavirus Pandemic, Powell Says
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Bloomberg Law
Fed Will Release Its Own Anti-Redlining Rewrite, Powell Says
Jun 17, 2020
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Bloomberg Law
Capital One Sees 'Skewed' Cyber Incentives in Hack Report Order
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The Wall Street Journal
SBA Sued Over Rule Barring Convicted Felons From PPP Loans
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Financial Times
Visa predicts 'permanent' shift in consumer spending habits
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American Banker
Big banks cling to branch expansion plans despite coronavirus shock
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Bloomberg
Commerzbank Fined $47 Million for Anti-Money-Laundering Failures
Jun 16, 2020
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TechCrunch
WhatsApp finally launches payments, starting in Brazil
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Bloomberg
JPMorgan, BofA, Citi Among Banks Facing House Probe on Loans
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PaymentsSource
Square acquires Spanish P2P app Verse to bolster Cash
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The Wall Street Journal
Fannie, Freddie Tap Wall Street Banks to Advise on Recapitalization
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American Banker
Why serial acquirer Stephen Gordon is starting a bank from scratch
Jun 15, 2020
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The Wall Street Journal
Hit by Coronavirus — and a 30% Holdback by the Payment Processor
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Bloomberg
AmEx Wins Clearing License for China's $27 Trillion Market
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CalMatters
Mask vendor sues bank over thwarted deal with California
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Reuters
Santander's U.S. unit to close offices on June 19 commemorating Juneteenth
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Financial Times
Metro Bank in exclusive talks to buy RateSetter
Jun 12, 2020
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San Francisco Business Journal
Wells Fargo signals substantial layoffs ahead
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Reuters
Santander to hire 3,000 IT professionals worldwide this year
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The New York Times
Goldman Sachs Is Said to Try to Avoid Pleading Guilty in 1MDB Scandal
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CIO Dive
How American Express uses technology to support 65K workers, in office or remote
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Bloomberg Law
OCC Plans Rule to Define Valid Bank-Fintech Partnerships
Jun 11, 2020
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The Atlantic
The Looming Bank Collapse
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Bloomberg Law
Colorado Judge Rejects Bank Ability to Assign Loans to Fintech
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Financial Times
Minority financial analysts get less time to probe management than white peers
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American Banker
The tech Sunrise Bank used to quickly dole out PPP loans
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The Wall Street Journal
Former Treasury Officials Positioned to Shape Fintech From Private Sector
Jun 10, 2020
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The Hill
Warren urges bank regulator to scrap anti-redlining rule rewrite
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The Washington Post
Following messy start, enormous Paycheck Protection Program shows signs of buttressing economy
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American Banker
Problem for reopening branches: Does Google know when you're open?
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The Wall Street Journal
Banks Use Software Bots to Process Surge of Pandemic-Related Loans
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Bloomberg
New OCC Chief Cashed $4.6 Million in Coinbase Stock for U.S. Job