What We're Reading: Page 96
Industry reads hand-picked by our editors
Aug 09, 2022
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CNBC
Apple Card’s rapid growth, outside vendors blamed for mishaps within Goldman’s credit-card business
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Bloomberg Law
Banks Fear Top Grades Out of Reach in Community Lending Rewrite
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American Banker
City National banker died in White House lightning strike
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The New York Times
Treasury Dept. blacklists crypto platform Tornado Cash
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The Wall Street Journal
Coinbase’s Rapid Rise Left It Exposed to Crypto’s Collapse
Aug 08, 2022
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The Wall Street Journal
U.S. Weighs New Rules for Regional Banks, Complicating Merger Plans
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American Banker
What the Senate’s sweeping climate, tax package means for banks
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The Financial Brand
How Ally Bank’s CMO Course-Corrects Messaging for a Tough Economy
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Bloomberg
Citigroup Sued by Loomis Sayles Over $70 Million in Trade Losses
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Financial Times
Opinion: In defense of stablecoins
Aug 05, 2022
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The Real Deal
Quontic Bank’s Steven Schnall dies in motorcycle accident
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CNBC
A ‘shakeout’ among mortgage lenders is coming, according to CEO of bank that left the business
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Bloomberg
Toomey Chides Fed for Withholding Documents in Raskin Fight
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The Wall Street Journal
Voyager Digital Is Cleared to Return $270 Million to Customers
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American Banker
M&T, Credit Suisse see biggest jumps in stress capital requirements
Aug 04, 2022
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American Banker
Kashkari calls CBDC a threat to privacy, defends regional bank independence
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Financial Times
Pimco hires former Federal Reserve vice-chair Richard Clarida
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Bloomberg
BlackRock Teams Up With Coinbase in Crypto Market Expansion
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The Wall Street Journal
A Focus on Victims’ Rights Leads to Investor Payouts in Credit Suisse Case
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The New York Times
A Fed Pivot? Not Yet, Policymakers Suggest, as Rapid Inflation Lingers
Aug 03, 2022
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American Banker
Ford is Biden-era FDIC’s first big ILC test
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Bloomberg
Citigroup Is Planning a Hiring Spree to Add 500 People to Its New Wealth Unit
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The Wall Street Journal
Equifax Sent Lenders Inaccurate Credit Scores on Millions of Consumers
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Bloomberg Law
Banks Petition CFPB to Supervise Consumer Financial Data Firms
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CNBC
Ongoing solana attack targets thousands of crypto wallets, costing users more than $5 million so far
Aug 02, 2022
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Bloomberg
They Quit Goldman’s Star Trading Team, Then the Bank Raised Alarms
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American Banker
Republican lawmakers accuse CFPB of ‘collusion’ with state AGs
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Business Insider
Betterment is turning away from its robo-advice roots in search of stability
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City A.M.
Revolut’s UK risk and compliance chiefs quit in slew of senior resignations
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Financial Times
Europe’s lenders prepare for life outside negative territory
Aug 01, 2022
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The Wall Street Journal
JPMorgan Is Building a Giant Travel Agency
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The Financial Brand
Inside Huntington Bank’s Marketing and Innovation Strategy
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American Banker
Why Frost Bank isn’t shying away from raising deposit rates
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Bloomberg
US Banks Passed the Latest Stress Test, But Are Still Unhappy
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Financial Times
Deutsche Bank broke its own rules in enabling tax fraud, internal probe finds