What We're Reading: Page 177
Industry reads hand-picked by our editors
Apr 20, 2020
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Reuters
U.S. banks seek term changes as Fed finalizes Main Street Lending Program
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Bloomberg
Goldman Duped Women Into Giving Up Right to Sue, Lawyers Say
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American Banker
The new bankers' hours: Long nights and weekends
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CNBC
Fed's Bullard proposes way to 'end the crisis': Pay all costs for companies developing tests
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The Wall Street Journal
Citigroup Cutting Ties With Anthony Scaramucci's Hedge Fund of Funds
Apr 17, 2020
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The New York Times
Facebook-Backed Libra Cryptocurrency Project Is Scaled Back
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Reuters
Santander launches money transfer app in UK to fend off competition from fintechs
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Bloomberg
BofA Lending to States That Don't Want to Wait for Fed
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American Banker
Banks stick with dividend plans despite potential for blowback
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Bloomberg Law
JPMorgan Unable to Resolve Foreclosure Fraud Suit in Mediation
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Business Insider
Digital payments platform Stripe raises $600 million
Apr 16, 2020
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Financial Times
Neel Kashkari: Big US banks should raise $200bn in capital now
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American Banker
How TD got a head start on coronavirus preparations
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Reuters
Activist investor to withhold vote against Barclays boss
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The Wall Street Journal
Banks Brace for Consumer Pain, but Wall Street Trading Arms Shine
Apr 15, 2020
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Bloomberg
Fed's Lending Lifeline Leaves Black-Majority Cities on Their Own
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The Wall Street Journal
San Francisco Fed Chief Casts Doubt on V-Shaped Recovery
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American Banker
Community banks call for AML relief in next coronavirus aid package
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CNBC
Jamie Dimon says US companies might send employees back to work by 'June, July, August'
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Bloomberg Law
M&T Bank OK'd for $21 Million Deal in In-House 401(k) Fund Suit
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Reuters
Stay off Zoom and Google Hangouts, Standard Chartered chief tells staff
Apr 14, 2020
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The Wall Street Journal
On Small Business Stimulus, Banks Strike a Balance Between Speed and Prudence
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American Banker
CFPB paves way for consumers to get stimulus funds via prepaid cards
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Bloomberg
BofA Can Favor Its Own Customers in Federal Rescue Loan Program
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Financial Times
Former Goldman banker accused in foreign bribery scheme
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CNBC
Goldman says downturn will be 4 times worse than housing crisis, then an 'unprecedented' recovery
Apr 13, 2020
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The New York Times
Black-Owned Businesses Could Face Hurdles in Federal Aid Program
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Reuters
JPMorgan Chase to raise mortgage borrowing standards as economic outlook darkens
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Bloomberg
Bank of America Defends Giving Priority to Customers in Rescue-Loan Program
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The Wall Street Journal
This Year's Stress Test For Big Banks Is Real: the Coronavirus Pandemic
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CBS News
Owner who got Paycheck Protection loan: It's an "incredibly bad fit" for what businesses need
Apr 09, 2020
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The Wall Street Journal
Small-Business Bailout Needs More Than Banks
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Bloomberg
JPMorgan Fires Credit Trader and Cuts Staff Bonuses for WhatsApp Use
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American Banker
Texas bank's leader takes leave after contracting coronavirus
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Financial Times
HSBC reports potential money laundering breaches
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Reuters
UBS and Credit Suisse bow to regulator pressure on dividends
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TechCrunch
Visa backs open banking and compliance platform Railsbank