Banks

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An ex-Square exec’s ‘extreme pain and frustration’ with banks led her to buy one of her own
Newsletters

An ex-Square exec’s ‘extreme pain and frustration’ with banks led her to buy one of her own

By Emma Hinchliffe and Joey Abrams
May 22, 2024
Societe Generale CEO Slawomir Krupa gestures with two hands outstretched as he attends a session at the World Economic Forum (WEF) meeting in Davos
Finance

Société Générale CEO Slawomir Krupa’s promise less, deliver more approach keeps investors guessing   

By Alexandre Rajbhandari and Bloomberg
May 22, 2024
Young women looks at a paper statement with concern
Finance

People can’t buy cars and houses without a financial identity footprint—but a third of Gen Zers are ‘digital ghosts,’ and too shy to begin banking

By
May 21, 2024
Jamie Dimon speaks
Leadership

Jamie Dimon teases that his departure from JPMorgan is getting closer, saying timeline is ‘not five years anymore’

By Hannah Levitt and Bloomberg
May 20, 2024
Martin Gruenberg
Finance

Prominent leader of financial services watchdog resigns after report found it was riddled with a ‘misogynistic’ and ‘good ole boys club’ culture 

By
May 20, 2024
people walk past Bank of America sign
Finance

A 25-year-old trader at Bank of America dies suddenly, the second death this month of a young employee at the Wall Street giant

By Katherine Doherty, William Shaw and Bloomberg
May 17, 2024
The Canary Wharf business district
Finance

Barclays, HSBC, Virgin Money and others spent $63.3 million to help resolve banking complaints for business customers—the project failed

By Marion Dakers and Bloomberg
May 17, 2024
Tomasz Piskorski
Finance

Could Silicon Valley Bank happen again? ‘The short answer is, yes,’ says professor who sees $2 trillion of losses on the books

By
May 16, 2024
Columbia professor Tomasz Piskorski warned banks could become "less relevant" as private credit and nonbank lenders continue to eat up market share in the lending landscape.
Finance

‘Banks continue to become increasingly less relevant’: the professor who sees a $2 trillion hole in the economy predicts a thinning of the herd

By
May 16, 2024
Joshua Easterly
Finance

The Great Financial Crisis kick started the private credit boom, but SVB was its true ‘watershed’ moment, Sixth Street co-president says

By
May 16, 2024
person walking outside an HSBC bank branch
Finance

Who will be HSBC’s next CEO? An internal candidate seems likely for Europe’s largest bank

By Bloomberg, Harry Wilson, Donal Griffin and Ambereen Choudhury
May 16, 2024
Manfred Knof, chief executive officer of Commerzbank AG.
Finance

Commerzbank posts decade-high quarterly earnings on high interest and low bank levies, as it seeks to boost fee income

By Arno Schütze and Bloomberg
May 15, 2024
President Joe Biden speaks at podium
Finance

Joe Biden’s plan to slash $14 billion in credit-card late fees is halted by a federal judge in Texas

By Ken Sweet and The Associated Press
May 11, 2024
Banks feel FOMO as SEC rules keep them out of crypto custody
Newsletters

Banks feel FOMO as SEC rules keep them out of crypto custody

By
May 10, 2024
Shohei Ohtani and Ippei Mizuhara
Personal Finance

Dodger superstar’s confidant pleaded guilty to stealing $17 million from the power hitter to cover debts

By Ava Benny-Morrison and Bloomberg
May 9, 2024

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