What We're Reading: Page 24
Industry reads hand-picked by our editors
Aug 27, 2024
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Reuters
JPMorgan Chase is sued over low rates on cash sweeps
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American Banker
Silicon Valley de novo poised to fill gap left by failed banks
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Bloomberg
Santander Starts €1.5 Billion Buyback in Bid to Lift Payouts
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Financial Times
Banks to curb lending for shipowners who put seafarers’ welfare at risk
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New York magazine
The Creepy Coincidences of the Billionaire Superyacht Sinking
Aug 26, 2024
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The Wall Street Journal
Big-Bank CEOs Like to Wield Influence — Except in Presidential Politics
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American Banker
Scotiabank’s cautious U.S. expansion: A departure from Canadian peers
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CNBC
UBS veteran boss Ermotti may have pulled off the deal of the decade with the Credit Suisse rescue
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Financial Times
SocGen’s Slawomir Krupa struggles to turn tide as investors snub lackluster reset
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Reuters
Goldman, BASF, others in $20 million platinum, palladium price-fixing settlement
Aug 23, 2024
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American Banker
In AI-based lending, is there an accuracy vs. fairness tradeoff?
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CNBC
Wyoming is pushing crypto payments and trying to beat the Fed to a digital dollar
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Reuters
HSBC looks to double UK wealth business as banks target ‘mass affluent’
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Bloomberg
Swiss Minister Rebuffs UBS Lobbying Against More Capital
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Tearsheet
Navigating the US fintech frontier: Airwallex’s expansion strategy and lessons learned
Aug 22, 2024
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Reuters
US capital hikes and other Wall Street bank rules now hinge on US election
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American Banker
Banks ponder, ‘What’s in a name?’
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Bloomberg
Banks Obtained Crucial Jobs Data While Report Was Delayed
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Financial Times
Deutsche Bank settles with 60% of claimants in over decade-long Postbank case
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CNBC
Former FTX exec Ryan Salame seeks to void guilty plea, says feds reneged on deal to end probe of his partner
Aug 21, 2024
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The Wall Street Journal
Charles Schwab Wants to Fix Its Struggling Bank. Investors Are Skeptical.
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American Banker
CRA lawsuit brings fissures between banking advocates to the forefront
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Reuters
State Street expands crypto services in new partnership
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Bloomberg
TD’s US Retail Bank, Once Prized, Now Drags Down Its Stock Price
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Financial Times
BlackRock’s support for ESG measures falls to new low
Aug 20, 2024
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The Wall Street Journal
Elon Musk’s Twitter Takeover Is Now the Worst Buyout for Banks Since the Financial Crisis
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American Banker
New wave of challenges to CFPB’s funding gains steam
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Financial Times
Goldman Sachs conviction highlights quandary in policing staff behaviour
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Bloomberg
HSBC Said to Explore Sale of South Africa Units to Focus on Asia
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Law360
Deutsche Bank Moved Money For ISIS, Victims’ Families Say
Aug 19, 2024
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Financial Times
Shadow banking drives a rural Kentucky lender to the brink
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The Wall Street Journal
The Hottest Club in Town Is… Run by Your Credit-Card Company?
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American Banker
Massachusetts credit union seeks merger with neighboring bank
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Bloomberg
Big Banks Watched as Con Men Wiped Out a Widow’s Life Savings
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Tearsheet
Podcast: Bridging tradition and innovation: Wealth Management with BNY’s Nader Souri and Arta Finance’s Caesar Sengupta
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