Jes staley

Pressure grows on Barclays CEO; JPM tightens rules on working with fintechs


For the second time in four years regulators are investigating Jes Staley; fintechs have until July 30 to sign agreements on how they access customer data.


Staley probed for ties to disgraced financier; Fed picks face Senate panel


Authorities looking into Barclays CEO’s dealings with Jeffrey Epstein; controversial pick Judy Shelton, critics charge, would jeopardize Fed independence.


At Wells Fargo, executives push for interim CEO to keep job


The board has promised to hire an outsider, but senior executives are lobbying for acting CEO C. Allen Parker to lead the company.


Bramson gets his moment; Where Deutsche-Commerzbank talks went wrong


Activist concedes he doesn't have the votes to join Barclays' board; How an "inevitable" deal fell through and where the banks go from here.


Barclays is ending its presence in Africa after 100 Years


CEO Jess Staley had been reducing the bank's investment in its African subsidiary as he sought to conserve capital and rebuild Barclays' investment bank.


Apple, Goldman plan credit card; Wells will be late


This would be the bank’s first foray into credit cards; Wells Fargo says it won’t be able to comply with Fed requirements before next year.


Wells’ $1B penalty; Barclays CEO fined


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.


Barclays to pay $2 billion to settle mortgage securities suit


The investigation targeted 36 residential mortgage-backed securities deals involving $31 billion worth of loans, more than half of which defaulted, according to the Justice Department.


At Davos, high spirits belie deepening sense of systemic unease


Some bankers spread the religion of this year's feel-good World Economic Forum, but others were more circumspect. The list of potential threats remains lengthy — including trade wars and the bursting of the bitcoin bubble — and all pose risks to banks and the economy.


Trump kills CFPB arbitration rule; Blockchain MIA


Rule that would have made it easier for banks to be sued is repealed; a survey says the technology isn’t a priority for bank CIOs.