Otting says the bank is not moving fast enough to repay customers who were unfairly sold auto insurance; lack of regulation lets traders use software to move prices. ... Read full article
The central bank is mulling measures to broaden the number of banks receiving reg relief; Lisa Stevens was a top deputy to the former retail chief during the phony accounts scandal. ... Read full article
Laplanche agrees to a three-year securities industry ban and a small fine to settle SEC fraud charges on loan sales; analysts are expecting a "tepid" quarter as some trading activity suffers. ... Read full article
Watt hearing suggests IG lessened her oversight; those who invest in a publicly traded bitcoin mining company can expect volatility. ... Read full article
Trading floor layoffs may be ahead as revenue declines; Goldman Sachs to expand its consumer bank to the U.K., ... Read full article
Sen. Warren proposes a bill that would extend the law to credit unions while stiffening penalties; the Spanish bank taps UBS’s Andrea Orcel. ... Read full article
Large retailers want the right to reject rewards cards at the point of sale to avoid higher swipe fees; Germany's financial regulator appoints an auditor to monitor the Deutsche Bank's progress. ... Read full article
European banks are testing rings, watches and bracelets that are linked to credit and debit accounts; European regulators appear keener on increasing competition than U.S. counterparts. ... Read full article
Wells Fargo CEO tackles cost-cutting, job cuts and rumors he’ll be replaced; banks put up millions to keep uber-rich as depositors. ... Read full article
The Danish bank updates amount laundered; Goldman near deal for its Simon app. ... Read full article
The Danish bank found more than $200 billion of suspicious deals at its Estonian branch; merchants can opt out of the deal as another case on network rules continues. ... Read full article
Goldman's lending and deposit-taking division gets a new chief, while its EMEA head take's responsibility for Goldman's business outside North America; SunTrust's website and mobile app down for second day. ... Read full article
Marianne Lake could be JPM’s eventual choice to succeed Dimon; three agencies investigating money laundering allegations against Danske Bank. ... Read full article
Goldman’s next CEO names a new president and replaces the CFO; insurance giant shares remain at a 25% discount to book value. ... Read full article
Bullish update by the accomplished Citi CFO boosts shares; credit bureau may have been distracted by prior incident. ... Read full article
Court gives securities regulators a victory on initial coin offerings; bank’s stock suffers its longest losing streak. ... Read full article
The "digital asset receipt," similar to ETFs and ATRs, aims to expedite investing in cybercurrencies; CFO is taking the hit for the Dutch bank's lax anti-money laundering controls. ... Read full article
The financial press ponders how a replay of the 2008 crisis can be avoided; losing HNA's 7.6% stake may be a blessing in disguise, but DB's funding costs remain a worry. ... Read full article
Agency’s first supervisory report under Mulvaney finds little change; the nonbank lender surpasses Citigroup and Bank of America in home loans. ... Read full article
The agencies are looking into firm's forex pricing; the Fed is accused of stalling on a novel banking idea. ... Read full article
