Morning scan

Sales goals still an issue for Wells; UBS’ baby problem

03/11/19

Bank employees say management has not let up on ambitious sales goals; women bankers say UBS cut bonuses after maternity leave.

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Will single bond set stage for GSE overhaul?; Female-led firms borrowing more

03/08/19

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

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Banks battle fintechs over installment sales; Barclays deck cleared

03/07/19

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

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Goldman unbuttons its collar; PACE loan rules coming

03/06/19

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.

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Case dismissed against Barclays trader; AML reports snare another bank

03/05/19

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

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Why small banks can’t keep up; Vanguard steps back

03/04/19

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

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U.S. may probe Swedbank; Bramson’s tougher road to board

03/01/19

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.

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BofA’s role in Bramson’s Barclays push; CFPB sees rise in elder fraud

02/28/19

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

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Banks back away from Venezuela; Downside of going cashless

02/27/19

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

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Goldman staffs new venture; Volcker unloads on banks

02/26/19

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

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