Banking Dive @bankingdive
We provide business journalism into the most impactful news and trends shaping banking & fintech. Sign up here: https://t.co/XsLu5FgOdI bankingdive.com Washington, DC Joined July 2013-
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JPMorgan Chase CEO Jamie Dimon and his family plan to sell $141 million worth of shares in the New York City-based firm, marking the CEO’s first such stock sale since taking the helm of the bank almost two decades ago. #JPMorgan #Dimon bankingdive.com/news/jpmorgan-…
Sam Bankman-Fried admitted that #FTX didn’t turn out how he’s expected: “A lot of people got hurt,” he said. But he said he didn’t defraud anyone. #SBF #Crypto bankingdive.com/news/a-look-at…
The Pittsburgh-based lender had targeted $450 million in cost savings by December. More details into a strategic review the bank launched may emerge Friday at PNC’s third-quarter earnings call. #PNC bankingdive.com/news/pnc-job-c…
The bank’s CMO is out, its Foundry unit is shuttered, and a CIO has jumped to Wells Fargo, according to reports. #Truist bankingdive.com/news/truist-ex…
Goldman Sachs would pay $30 million, while JPMorgan Chase and Bank of America will pay $15 million and $8 million in civil monetary penalties, respectively, the CFTC said Friday. #CFTC bankingdive.com/news/goldman-j…
Su Zhu founded crypto hedge fund 3AC with Kyle Davies in 2012. Its bankruptcy 10 years later contributed to the downfall of several crypto companies. Recently, a Singapore court called for jail time. #crypto #3AC bankingdive.com/news/three-arr…
Executive compensation may take center stage at the hearing. But the CEOs may also use the forum to criticize a capital proposal they say will hamper their ability to extend credit. #banking bankingdive.com/news/bank-ceos…
“DWS advertised that ESG was in its ‘DNA,’ but … its investment professionals failed to follow the ESG investment processes that it marketed,” the SEC’s deputy director of enforcement said Monday. bankingdive.com/news/deutsche-…
Goldman Sachs provided inaccurate or incomplete ‘blue sheet’ data on no less than 163 million transactions over the last decade, the SEC said. The bank also misreported 97 million trades to FINRA. #GoldmanSachs bankingdive.com/news/sec-finra…
Thomas Nides, a former U.S. ambassador to Israel, will replace William Daley, who is retiring. #WellsFargo bankingdive.com/news/wells-far…
The settlement, roughly a month before trial was set to start, includes $30 million for charities meant to address human trafficking and other sex crimes. #JPMorganChase bankingdive.com/news/usvi-jpmo…
Banks have used risk-based pricing and non-interest bearing accounts to offset the high cost and labor associated with banking cannabis. But as more players enter the game, firms are facing pressure to rethink strategies. #banking #cannabis bankingdive.com/news/cannabis-…
CEO Jane Fraser’s blunt comments earned her a comparison to Jamie Dimon. But those who see this as a 180 from the bank that championed flex work may have forgotten Citi’s COVID vaccine stance. #Citi #JaneFraser bankingdive.com/news/citi-fras…
The service uses blockchain technology to convert clients’ deposits into digital tokens that can be used for instant cross-border payments 24/7, the bank said. #citi bankingdive.com/news/citi-toke…
The bank is consolidating its retail and commercial business into a new global unit and creating a global digital consumer banking division in a move meant to enhance profitability. #Santander bankingdive.com/news/santander…
“Despite the period of stress earlier this year, the banking industry continues to be resilient. In the second quarter, key banking industry metrics were favorable,” FDIC Chair Martin Gruenberg said. #FDIC bankingdive.com/news/banks-70-…
The embattled lender was quick to hold onto Francesca McDonagh after its merger with UBS. #CreditSuisse bankingdive.com/news/credit-su…
The Federal Reserve’s vice chair for supervision spoke about “responsible innovation” Friday at a Philadelphia Fed fintech conference. #fintech #FederalReserve bankingdive.com/news/fed-barr-…
BREAKING: Carrie Tolstedt, who served as Wells Fargo’s retail-banking chief at the time of its 2016 fake-accounts scandal, will avoid prison, a federal judge ruled Friday. bankingdive.com/news/wells-far…
The bank scrapped a structure that split its business between two units, opting instead for five unit chiefs reporting directly to CEO Jane Fraser. #Citi #banking bankingdive.com/news/citi-fras…
Brad Bolton @BradMBolton
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Lots of stuff going on at Green Dot right now 👀
The company named a CFO, COO and chief revenue officer, and said two BaaS partners recently extended their contracts. #GreenDot bankingdive.com/news/green-dot…
Outside of @bankingdive and @BankDirector what are good outlets/newsletters to follow in the banking space? I want the meaty stuff- not fintech roundups.
.@GSaulsbery hired by @industrydive as a reporter for @bankingdive: talkingbiznews.com/business-media…
I have joined JPMorgan to lead fintech for the commercial bank. Couldn’t be more thrilled. I look forward to deepening relationships with all of you builders and investors #build #buy #partner #invest pymnts.com/personnel/2022…
Here are some of my favorite fintech/payment newsletters. What are yours? -@fintechtoday_ -This Week in Fintech @NikMilanovic - @ModernTreasury's Journal -@pymnts -@matt_levine -@lavca_org -@11FS -@axios Pro Rata -@bankingdive
Some personal news. Today is my last day with a bunch of folks I love and admire. @industrydive Today also ends 40 years in the workforce. To all the amazing journalists who shared the journey, thank you. #gratitude #sixsaturdaysandasunday
sooo I’m home alone w/ my 4 YO ... praying she doesn’t wake up in next 20 mins while I’m on air in next room... 🤫🤐
Interesting piece... "Banks that wish to do business with the Amish have found unique ways to adapt to the community’s idiosyncrasies, which for some can include a lack of photo identification." bankingdive.com/news/amish-lan… via @bankingdive
@CFPB @annahrushka @bankingdive Register now; this starts in 15 minutes info.lightico.com/digital-bankin…
Tune in next week to hear what a panel of experts have to say about the Consumer Financial Protection Act and its influence on lending in the Biden-Era. Sign up here: info.lightico.com/digital-bankin… #banking #fintech #lending #CFPB #BidenAdministration
OppLoans, a Chicago-based loan servicer that partners with banks to reach credit-challenged consumers, is going public through a merger with a special-purpose acquisition company buff.ly/3u2T5t0 | @bankingdive
💸 @bankgreenwood taps fintech veteran to head compliance, risk bankingdive.com/news/greenwood… via @bankingdive #fintech #neobanks #finserv #banking #regtech #regulation
Election 2020: What should the banking industry expect from #Biden or #Trump? #banking #finance #policy #Election2020 bankingdive.com/news/election-… via @bankingdive
Acquisition under the radar: Credit unions resume community bank deals bankingdive.com/news/credit-un… via @bankingdive
Another example of #innovation from @Citi via @bankingdive’s @annahrushka bit.ly/2EqugSW
Challenging times fuel innovation, and Forum members are proof. Our member institutions are continuously finding new ways to better serve families and businesses during the pandemic.
There's only 1 more day until our next #AskMediaAnything event feat. finance experts @newsient from @tearsheetco & @bankingdive, @renatolcapelj from @Benzinga, @CallumBurroughs from @BusinessInsider, & @bayareawriter from @FinLedgerNews bit.ly/35NScev Register now!
I needed an excuse to eat cake today anyway - happy Dive-iversary @bankingdive!
Happy First Dive-iversary to @bankingdive🎂- born on this day 1⃣ year ago! Editor @Ennis77Dan reflects on the past 12 months and what lies ahead for the 🏦 industry and publication: dive.pub/38EpZpC
Thanks for the follow @bankingdive. I think you all are the one of the best Financial Services "publications" around at this time. I am impressed. Keep up the good work.
Hey :) Can you let me know what the logo means to you when you see it? NB - Im not asking for you to kiss my ass I really want to know :)