News & Insights
Unified feed: Brian's Banking Blog + editorial posts.
- Banks
FDIC Announces Increased Focus on Lenders’ Commercial Real Estate Loans
"FDIC intensifies scrutiny of lenders' commercial real estate loans, emphasizing risk assessment and monitoring expenses."
7/6/2023Read →
Brian's BlogMarch 24, 2008, I walked into the first bank I ever worked in. Bear Stearns was on the brink of bankruptcy. Countrywide had been purchased for $4B in stock from Bank of America in January.
First day at the bank during Bear Stearns crisis, Countrywide acquisition, and looming bankruptcy. Navigating financial turmoil and expenses.
bankingbanksus banks7/6/2023Read →
BanksAmid Wall Street Turbulence, Johnson Associates Forecasts Job Losses and Bonus Reductions for Financial Industry
"Wall Street turbulence to result in job losses and bonus reductions, predicts Johnson Associates"
7/6/2023Read →
BanksGoldman Sachs Reveals CFPB Investigation Into Firm’s Credit Card Practices
" Goldman Sachs discloses ongoing CFPB investigation regarding credit card practices and policies. "
7/6/2023Read →
BanksWest Virginia Bans Five Financial Giants Over Alleged Boycotts of Energy Industry
"West Virginia bans financial giants over alleged energy industry boycotts. Impact on the economy and energy sector."
7/6/2023Read →
BanksU.S. Bank Fined $37.5 Million for Fake Customer Account Violations
"U.S. Bank fined $37.5M for fake accounts. Regulatory violation leads to significant penalty."
7/6/2023Read →
BanksU.S. Economy Shrinks for Second Consecutive Quarter
"U.S. economy shrinks for second consecutive quarter, raising concerns of a recession and its implications."
7/6/2023Read →
BanksIn Op-Ed, Goldman Sachs SEO Calls on Congress to Reform SBA to Help Small Businesses
"Goldman Sachs SEO urges Congress for SBA reform to support small businesses. Op-Ed highlights the need for change."
7/6/2023Read →
BanksCiti Ramps Up Tech Spending, Accelerating Its Transformation Plans
" Citi increases investment in technology, accelerating its transformation plans and digital initiatives. "
7/6/2023Read →
BanksCapital One CEO Signals Slight Pullback in Auto Loans As Competitors Work to Maintain Low Interest Rates
"Capital One CEO hints at reduced auto loans amid competitor efforts to sustain low rates."
7/6/2023Read →
BanksJPMorgan Chase CEO Suggests Warning Signs Ahead for U.S and Global Economy
" JPMorgan Chase CEO signals concerns about the U.S. and global economy, pointing to warning signs. "
7/6/2023Read →
BanksCFPB and OCC Fine BoA $225 Million for Pandemic Era Unemployment Benefit Disbursement Failures
" BoA fined $225M by CFPB and OCC for unemployment benefit disbursement failures during the pandemic era. "
7/6/2023Read →