News Topic: Morning scan

SIFMA approval could bring new competitors and housing finance reform; number of applications rose but amount borrowed still lags other firms. ... Read full article

Banks moving past traditional card lending to compete on POS; ; five board members plan to leave before the bank’s May meeting. ... Read full article

The white-shoe firm is relaxing its “stuffy” dress code for a more “flexible” one; the CFPB plans to toughen rules on energy-saving project lenders. ... Read full article

The decision shows how hard it is to prosecute an individual banker; reports say Nordea, the Nordic area’s largest bank, handled suspicious transactions. ... Read full article

Community banks can’t afford the digital banking services customers demand; Vanguard's "banklike" cash management service couldn't match banks' offerings. ... Read full article

The U.S. embassy wants to meet with Sweden’s financial regulator over AML concerns; revelation that he borrowed to buy Barclays shares doesn’t sit well with others. ... Read full article

Bank’s involvement and complex financing draw ire of Barclay shareholders; banks report financial deceit by those who know seniors. ... Read full article

With U.S. sanctions in place against Venezuela, banks fear compliance violations; exclusion and cyber attacks the biggest concerns of cash-free society. ... Read full article

Bank makes first hires for its corporate cash management business; the former Fed chair says the industry is too focused on profits. ... Read full article

Former Managing Director Timothy Fletcher banished for role in referral hiring; Apple-Goldman collaboration shows banks fear missing out. ... Read full article

City sues seven banks for alleged price fixing on floating-rate bonds; analyst says “the most negative revelations are yet to come” in the 1MDB scandal. ... Read full article

If verdict stands, it could raise ceiling on anti-laundering penalties; better-than-expected results buy Barclays chief more time on current strategy. ... Read full article

Dan Schulman predicts digital payments market may reach $100 trillion; the bank exiting Estonia, Latvia, Lithuania and Russia. ... Read full article

CEO Corbat says “thousands” of call center jobs may be lost; Barclays shareholder sells all stock in the bank and Deutsche’s biggest slashes its stake. ... Read full article

The JPM Coin will be used to expedite payments transfers for its corporate clients; customers of Spain’s largest retail bank will be able to withdraw cash without entering a PIN. ... Read full article

The time regulators take to decide on prospective deals has dropped sharply; a report says the cyberthieves were looking for info to help recruit spies. ... Read full article

Solomon says he expects 2020 presidential aspirants to target banks; corporate human resources’ predictable revenue attracting investment banks’ attention. ... Read full article

The possible replacement for Libor's volatility raises concern about its viability; new Fed governor says community banks punished for crisis the did not cause. ... Read full article