Morning scan

Apple, Goldman plan credit card; Wells will be late

05/11/18

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.

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Another black eye for Wells; Visa female execs to meet with CEO

05/10/18

The bank said it kept fee rebates that should have gone to a small pension fund; some women say the company “bro” culture hinders their advancement.

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Deal on dereg bill; Schneiderman’s legacy

05/09/18

Ryan, McConnell say they have a deal on a bipartisan Dodd-Frank rollback; New York won more than $5 billion in settlements from big banks under the former AG.

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ValuAct’s Citi stake; SEC commissioner leaving

05/08/18

Hedge fund apparently likes the bank’s corporate services business; Michael Piwowar is credited with “jump-starting” the agency’s deregulatory push.

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Wells settles investor lawsuit; Tarullo the transition?

05/07/18

Bank agrees to pay $480 million to investors related to the phony accounts scandal; Daniel Tarullo’s Fed departure called a turning point on oversight.

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Top woman banker leaving BofA; appeals court tosses trader conviction

05/04/18

The bank’s head of global capital markets is joining a private equity firm; Jefferies mortgage bond trader is freed from prison.

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AIG earnings decline; Goldman to open bitcoin trading unit

05/03/18

MetLife and Prudential exceed expectations; cybercurrency desk will trade contracts linked to the digital currency’s value.

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Goldman’s forex settlement; fired BofA executive seeks $100 million

05/02/18

The firm will pay $110 million to settle charges it didn’t control traders; hedge fund executive says he was wrongfully accused of sexual misconduct.

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Feds look into the ether; pressure grows on Deutsche chairman

05/01/18

Agencies are examining regulating cybercurrencies not named bitcoin; is Paul Achleitner to blame for the German bank’s problems?

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Hoenig steps down from FDIC; Regional banks lose deposit share

04/30/18

Vice chairman set to leave agency on Monday; big regionals are caught in the middle, losing share to both the biggest national banks and community institutions.

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