Bank M&A said ready to reignite; OCC has concerns
A new round of consolidation may be about to begin, starting in Europe; looser corporate underwriting standards and lower rates draw OCC attention. ... Read full article
A new round of consolidation may be about to begin, starting in Europe; looser corporate underwriting standards and lower rates draw OCC attention. ... Read full article
At least two cryptocurrency companies, Coinbase and ivyKoin, have talked to federal regulators about obtaining a bank license, but there is skepticism that it will happen. Here's why. ... Read full article
A British court throws out Serious Fraud Office charges that the bank conspired with Qatari investors to prop it up; investigators open 70 cases against potentially fraudulent cyber deals. ... Read full article
Even as Jamie Dimon touts the female leadership at his company, it lags in one key area. But JPMorgan women are making strides in particular with blockchain initiatives, and Amber Baldet finally shares what she is working on. Plus: heels or flats? ... Read full article
Employees reportedly unit doctored documents; payments company buys Swedish fintech firm just before it goes public. ... Read full article
JPMorgan and Santander show off their uses for the technology; commercial and industrial loans outstanding are rising. ... Read full article
Jack Dorsey, speaking to a crowd of cryptocurrency enthusiasts, showed he was completely in sync with their view that digital currencies are the way of the future. ... Read full article
The former Citigroup CEO is investing $100 million in Fair Square Financial, a midmarket card issuer; the exit leaves one executive atop the bank’s securities division. ... Read full article
Outgoing N.Y. Attorney General Eric Schneiderman has been a thorn in the side of financial institutions, using his state’s significant clout to affect national policy debate on a host of topics ranging from dark pools to cryptocurrencies. Here’s a look ... Read full article
Gary Cohn, the former director of the White House Economic Council, said he's still weighing options for his next role but one possibility is a digital bank. ... Read full article
Bank agrees to pay $480 million to investors related to the phony accounts scandal; Daniel Tarullo’s Fed departure called a turning point on oversight. ... Read full article
MetLife and Prudential exceed expectations; cybercurrency desk will trade contracts linked to the digital currency’s value. ... Read full article
Agencies are examining regulating cybercurrencies not named bitcoin; is Paul Achleitner to blame for the German bank’s problems? ... Read full article
Vice chairman set to leave agency on Monday; big regionals are caught in the middle, losing share to both the biggest national banks and community institutions. ... Read full article
As a new crypto lender, Nexo, launches Monday, the fintechs that lend money to people based on the digital currency they own say they’re doing well even when cryptocurrency values plummet. ... Read full article
John Chiang says the bank “reeks of betrayal” a day before the bank’s annual meeting; the former chair of the CFTC has doubts about cryptocurrencies. ... Read full article
Financial institutions engaged in virtual currency markets face a number of risks — proceeding carefully is justified. ... Read full article
The bank’s latest punishment would settle charges by the CFPB and the OCC; Staley did not act without integrity in trying to unmask a whistleblower. ... Read full article
New York Attorney General Eric Schneiderman asked 13 cryptocurrency exchanges for detailed information about their operations as part of a "fact-finding inquiry." ... Read full article
Barclays has been gauging clients' interest in the British bank starting a cryptocurrency trading desk, potentially joining Goldman Sachs in pioneering a new business on Wall Street, according to people with knowledge of the matter. ... Read full article