What We're Reading: Page 53
Industry reads hand-picked by our editors
Oct 30, 2023
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CNN
Native American populations are ‘invisible’ to banks. That needs to change
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Bloomberg
FDIC Sought Buyers for Republic First Before Investor Deal
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BBC
Higher interest rates help to more than double HSBC profits
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Reuters
Deutsche Bank plans to close nearly half its Postbank branches
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Coin Desk
U.S. Senate’s Banking Chairman Says Panel to ‘Crack Down’ on Crypto’s Terrorism Ties
Oct 27, 2023
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Bloomberg
Citi Used Generative AI to Read 1,089 Pages of New Capital Rules
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The Guardian
NatWest decision to close Nigel Farage’s bank accounts was lawful, says report
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American Banker
Will banks sue over the Community Reinvestment Act rule?
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Business Insider
Goldman Sachs partner exodus: The full list
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Financial Times
The billionaires and the bank: the tussle at the top of Mediobanca
Oct 26, 2023
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Financial Times
Goldman Sachs enters geopolitical advice business
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The Wall Street Journal
Ted Pick Is a Math Whiz Among Math Whizzes. He’s the New Morgan Stanley CEO.
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Bloomberg
UK Data Watchdog Says Ex-NatWest CEO Infringed on Farage’s Rights
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American Banker
When AI suspects money laundering, banks struggle to explain why
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Reuters
SEC enforcement penalties fell in fiscal 2023 even as industry bars rose - official
Oct 25, 2023
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Bloomberg
BMO Is Exploring Sale of RV Loan Portfolio
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Reuters
Barclays to lay off dozens of US consumer bank employees - source
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The Wall Street Journal
One Year On, Twitter Continues to Burn a Hole Through Bank Balance Sheets
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American Banker
For broader adoption of FedNow, experts say it’s all about use cases
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Financial Times
Boris Collardi: ‘I don’t personify the problems in Swiss banking!’
Oct 24, 2023
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The Wall Street Journal
Is It Time To Worry About Banks’ Business Lending?
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American Banker
How data sharing could change under CFPB’s proposed new rules
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Bloomberg Law
Small Banks, Credit Unions Oppose CFPB Ban on Customer Data Fees
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Reuters
Barclays hints at big cost cuts as margin pressure intensifies
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Financial Times
Former Credit Suisse executive Francesca McDonagh to join fund group
Oct 23, 2023
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The Wall Street Journal
Smaller Banks Look to Shrink Their Way Back to Health
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American Banker
OCC’s Hsu: ‘Lending has to go up’ under new CRA rule
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deBanked
Whoa, That’s a Lot of Bad EIDL Loans
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Financial Times
Opinion: Why wealth managers are targeting a shrinking market
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Bloomberg
DOJ Spoofing Cop Who Led JPMorgan Case Exits for Private Firm
Oct 20, 2023
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Financial News
Credit Suisse prepares third wave of job cuts, targeting 10% of support roles
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American Banker
Estimated waits, virtual lobbies: Banks step up virtual assistants
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New York Post
Top Wall Street bankers’ vacation homes to be left in the cold this winter thanks to return to office mandates
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The Globe and Mail
Canadian Conservative leader urges Freeland to reject proposed RBC-HSBC deal
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Bloomberg
Tether’s Frontman Inherits Crypto’s $84 Billion Behemoth
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