Goldman Sachs

Goldman Sachs plans to trade cryptocurrencies by June 2018

12/21/17

The famed investment bank is set to become the first major Wall Street bank to make markets in digital currencies such as bitcoin.

[more]

Banks plan to raise salaries; Comptroller boosts fintech firms

12/21/17

Wells, Fifth Third, others plan to raise pay after tax reform; Joseph Otting backs a federal banking charter for online lenders.

[more]

Regulators approve big banks’ living wills — with a warning

12/19/17

The Federal Reserve and Federal Deposit Insurance Corp. identified shortcomings with the living wills of Wells Fargo, Bank of America, Goldman Sachs and Morgan Stanley, even as they gave them and the remainder of the eight biggest banks a pass.

[more]

Some bitcoin investors can’t resist the urge to splurge

12/15/17

With Wall Street on board, investors look to spend coins on real estate or through bitcoin debit cards.

[more]

Leaving Dodd-Frank’s ‘Hotel California’ not as hard as you think

12/04/17

The Dodd-Frank Act included a provision to lock some of the biggest firms into enhanced supervision even if they wanted to exit. But that grasp may not be as strong as it used to be.

[more]

Another nomination; Quarles warns on bitcoin

12/01/17

Jelena McWilliams, Fifth Third Bancorp’s chief legal officer, is the choice for FDIC chair; digital currencies pose too many risks.

[more]

Mulvaney asserts control over CFPB; trouble at Wells FX unit

11/28/17

Judge says he will move quickly on who should head the agency; group allegedly overcharged hundreds of clients.

[more]

Seeking bigger U.S. presence, Barclays joins crowded online lending market

11/21/17

The British banking giant has been testing its new online lending platform with a handful of its U.S. customers and plans to roll it out in full force next year. It's all part of a broader effort to expand its U.S. consumer business beyond credit cards.

[more]

Fed issues guidelines for bank boards; The problems with the CFPB

11/21/17

Guidance focuses on five key traits, including overseeing risk profiles; a former Congressional aide says agency must be accountable.

[more]

Pot is legal in Canada, and that poses dilemma for U.S. banks

11/20/17

A U.S. alcohol maker's $191 million investment in Canadian cannabis could raise difficult questions for the banks that have lent big sums of money to the company.

[more]