Deutsche Bank plans to cut as many as 20,000 jobs in revamp

07/01/19

Deutsche Bank is considering slashing headcount by more than a fifth in what's shaping up to be its biggest makeover in years, two people familiar with the matter said.

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Virtual currency debate needed the jolt it got from Facebook

07/01/19

Facebook’s cryptocurrency pilot highlights just how important it is for regulators and banks to figure out where they land in the emerging monetary digital age.

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Deutsche mulling ‘radical’ job cuts; Central bank digital currency efforts

07/01/19

The bank is considering eliminating as many as 20,000 jobs; BIS doesn’t want central banks to fall behind private cybercurrency efforts.

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FASB chair defends CECL: ‘The benefits justify the cost'

06/30/19

Russ Golden, the chairman of the Financial Accounting Standards Board, says implementation of its credit loss rule should go forward, but will issue new supporting documents

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2019 reputation rankings: The biggest movers

06/30/19

The banking industry has some work to do to improve its overall reputation, but the good news is that most customers have positive feelings about their own banks. Here are 10 banks that made big strides.

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Banks rush to boost shareholder payouts after stress test results

06/28/19

Some large banks, including Bank of America and JPMorgan Chase, will increase dividends and stock repurchases by double digits.

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Stress test results, BNY Mellon's digital play, bank reputations: Top stories of the week

06/28/19

Banks clear both rounds of stress tests (though two of them needed a do-over); BNY Mellon goes all-in on digital; bank industry struggles to stop slide in latest reputation survey; and more from this week's most-read stories.

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Which fintechs are best positioned to handle a recession?

06/28/19

In a downturn, some fintechs, such as independent lenders, will be more vulnerable to economic forces than those working to service banks' regulatory needs.

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Warren tells Dimon to stop 'exploiting' with forced arbitration

06/28/19

Sen. Elizabeth Warren blasted Jamie Dimon for reviving a policy that pushes JPMorgan Chase's credit card customers into arbitration to resolve disputes instead of the courts.

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FSOC’s proposals would promote financial stability, not undermine it

06/28/19

Focusing regulatory reforms on risk-based activities is a more effective approach to weeding out potential systemic threats.

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