What We're Reading: Page 66
Industry reads hand-picked by our editors
Jun 16, 2023
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Financial Times
Wall St bank job cuts set to surpass 11,000 as CEOs unwind hiring binge
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CNBC
‘Is this real?’ JPMorgan court filing shows Frank employees questioned stats before acquisition
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The Wall Street Journal
Fed, SEC Probing Goldman Sachs’s Role in SVB’s Final Days
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Reuters
Bank of America commits $500 million to funds led by minority, women entrepreneurs
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Bloomberg
Carlyle CEO to Take on Banks by Supercharging Financing Unit
Jun 15, 2023
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The New York Times
‘Do You Even Want Us to Exist?’ A Bank Chief Fights to Survive.
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The Wall Street Journal
JPMorgan Says Ex-First Lady of U.S. Virgin Islands Helped Epstein Traffic Women
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Reuters
Goldman’s cost-cutting accelerates as lean times persist
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American Banker
Corporate treasurers to banks: You’re not the only game in town
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Bloomberg
A Goldman Partner’s Sexually Explicit Video Led to Millions in Settlement
Jun 14, 2023
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American Banker
How Wells Fargo is creating ‘fans for life’
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The Wall Street Journal
Column: Regional Banks Face Years of Trouble
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Tearsheet
Fraud and AML investigations are taking more time, but financial crime is getting faster
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Reuters
US minority-owned banks withstand industry turmoil, executives say
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Financial Times
Banks alarmed at threat of EU crackdown on cross-border access
Jun 13, 2023
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American Banker
FDIC’s Hill: Agency should have tried harder to sell Silicon Valley Bank
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The Wall Street Journal
Goldman Sachs Is at War With Itself
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CNBC
Big banks are talking up generative A.I. — but the risks mean they’re not diving in headfirst
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The Financial Brand
Reviving Customer Testimonials with Flair in Huntington Bank’s Ad Campaign
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The New York Times
Their Crypto Company Collapsed. They Went to Bali.
Jun 12, 2023
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Financial Times
Barclays warns former staff in bid to stem investment bank exodus
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Bloomberg
JPMorgan’s Ultimate Survivor Caught in Crossfire of Jeffrey Epstein Feud
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American Banker
What’s next for Wells Fargo’s virtual assistant: Q&A with Michelle Moore
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CNBC
HSBC builds innovation division from the bones of collapsed SVB UK
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The Wall Street Journal
Andreessen Horowitz to Open London Office for Crypto Startups Amid Scrutiny in U.S.
Jun 09, 2023
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Law360
Fed Can’t Ditch Crypto-Focused Bank’s Master Account Suit
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Bloomberg
A New Crypto Banking System Arises Under the Shadow of a Regulatory Crackdown
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American Banker
Could banking be entering a new era of startups?
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Financial Times
UBS finalizes $10bn deal with Swiss government over Credit Suisse losses
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The New York Times
Ben Bernanke Talks About Bank Runs, Inflation, A.I., Market Bubbles and More
Jun 08, 2023
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The Wall Street Journal
It Is Time to Admit It: Bank Regulation Doesn’t Quite Work
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Reuters
Bank of America promotes Bettamio to co-head of investment banking; Ahmad to co-head capital markets
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Bloomberg
Citigroup Dismantles FX Strategy Team, Cuts Analyst Jobs
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American Banker
Banks pare back retention pay for executives after pandemic-era spree
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Law360
Chase Hit With Customer Suit Over Double-Debit Zelle Glitch
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