News & Insights
Unified feed: Brian's Banking Blog + editorial posts.
BanksBank of America, Wells Fargo CEOs forecast recession in 2023
"CEOs of Bank of America and Wells Fargo predict a potential recession in 2023, signaling economic concerns."
bank of americabankingbanks7/7/2023Read →
BanksDOJ offers incentives to banks and other companies to self-report misdeeds
"DOJ introduces incentives for banks and companies to disclose misconduct, promoting transparency and accountability."
bankingdeputy attorneydoj7/7/2023Read →
BanksAlleged Epstein Victims File Suit Against JPMorgan Chase, Deutsche Bank
"Alleged Epstein victims take legal action against JPMorgan Chase and Deutsche Bank over their alleged involvement."
7/7/2023Read →
BanksMorgan Stanley cuts 1,600 jobs as other firms signal slowdown in hiring
Morgan Stanley reduces workforce by 1,600 amid signs of hiring slowdown across other firms in the industry."
bankbankingdata7/7/2023Read →
BanksSeven U.S. Banks Reportedly Developing Plan to Repay Zelle Scam Victims
"Seven U.S. banks take action to compensate Zelle scam victims, addressing the issue of fraudulent transactions."
7/7/2023Read →
BanksAmid Continuing Economic Headwinds, U.S. Consumer Confidence Declines in November
"U.S. consumer confidence takes a hit in November as economic challenges persist."
7/7/2023Read →
BanksU.S. Bank Review by Regulators Cites Citigroup Deficiencies in Data Management
"Regulators' review identifies data management deficiencies in Citigroup, highlighting concerns in U.S. banking sector."
bankingbanksdata7/7/2023Read →
BanksCredit Suisse Plan to Raise $4.2B in Capital Approved by Shareholders
"Credit Suisse shareholders approve plan to raise $4.2B in capital, strengthening the bank's financial position."
bankingbankscapital7/7/2023Read →
BanksDEALMAKING DECLINE FORCES BANKS TO CUT INVESTMENT BANKING JOBS
"Due to the decline in dealmaking activities, banks are forced to reduce investment banking jobs to align with the changing market dynamics."
bankingbanksbloomberg7/7/2023Read →
BanksMUSK SIGNALS PLANS TO MAKE TWITTER THE PEOPLE'S BANK
"Elon Musk hints at transforming Twitter into a banking platform, signaling potential disruption in the financial industry."
bankingbankselon musk7/7/2023Read →
BanksSURVEY SAYS BANK EXECS SUPPORT INDUSTRY PURSUIT OF ‘SOCIAL GOOD’
"Survey reveals bank executives' support for industry's pursuit of social good and impact-driven initiatives."
bankbankingbanks7/7/2023Read →
BanksLATEST FED FINANCIAL STABILITY REPORT HIGHLIGHTS RISKS BUT SAYS BANKS HAVE CAPITAL TO ABSORB POTENTIAL ECONOMIC SHOCKS
"Federal Reserve's financial stability report emphasizes risks, assures banks' capital resilience against economic shocks."
bankingbanksfed7/7/2023Read →