Deutsche sounds global retreat; banks push for checking deposits

07/08/19

The bank will reduce its footprint to its German roots; U.S. banks are offering cash bonuses to keep customers from fleeing to higher-yielding accounts.

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Deutsche Bank CEO slashes 18,000 jobs in $8.3 billion revamp

07/08/19

Deutsche Bank unveiled a radical overhaul that will see the lender exit its equities business, post a €2.8 billion ($3.1 billion) second-quarter loss and cut the workforce by a fifth to reverse a slide in profitability.

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Banks push for greater relief on foreign bank regs, living wills

07/07/19

The industry is urging federal regulators to go further in streamlining oversight of foreign banks and resolution-planning requirements. Critics warn that the proposals could weaken post-crisis safeguards.

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Lending to nonbank lenders is growing — maybe too much

07/05/19

Loans to other financial firms have soared in recent years, and many are going to private equity or business development firms that then use the funds to make leveraged loans. Should regulators be worried?

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Simplified call report set to take effect Sept. 30

07/05/19

The new rule, subject to approval by the Office of Management and Budget, would enable FDIC-supervised institutions with less than $5 billion in assets to use a shorter form every other quarter.

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Core-banking crossroads, leaner Capital One, defending CECL: Top stories of the week

07/05/19

Questioning whether core-banking technology is nearing a 'big shake-up'; Capital One keeps closing branches, even as rivals open them; FASB chair defends CECL, saying 'the benefits justify the cost'; and more from this week's most-read stories.

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The weak underbelly in bank M&A this year

07/05/19

Set aside the large BB&T-SunTrust merger pact, and most deal metrics were way down in the first half of 2019.

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Deutsche Bank's fleeting U.S. dreams to be unraveled in revamp

07/05/19

A little over two decades ago, Deutsche Bank set out to become a Wall Street giant. This weekend, Chief Executive Christian Sewing will probably pull the plug on that dream for good.

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'What a bunch of Luddites!': Comments of the week

07/04/19

Readers react to Congress vetting Facebook's Libra, heavily debate whether to delay CECL, opine attempts to roll back overdraft laws and more.

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SCOTUS ruling means less deference for bank regulators in court

07/04/19

A recent high court decision said judges no longer have to automatically give agencies the benefit of the doubt when interpreting their regulations.

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