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The tech giant’s plan to offer checking raises concerns about how it will use customer data; third quarter loan originations were the second most on record.
November 14 -
Tech giant takes will work with Citi; the bank reportedly asked IT providers to return some of the money it paid them in 2018.
November 13 -
Goldman may abandon its revenue goal; in an attempt to boost revenue, Credit Suisse picks new leaders for its investment banking and capital markets unit.
November 12 -
The two previously worked at BNY Mellon in similar roles, Scharf as CEO and Daley as head of public affairs; Michael Johnson’s demotion follows the bank’s massive data breach in July.
November 8 -
The credit bureau will consider borrowers’ rental payment history and professional licenses; bank looks to build business on the other side of the Atlantic.
November 7 -
Service would help with compliance; JPM CEO sees more short-term lending rate spikes if no long-term solution implemented.
November 6 -
Businesses scaled back investment plans in the third quarter, but consumers continued borrowing; the bank now plans to raise its minimum wage to $20 in 2020.
November 5 -
The ECB and BaFin say dual roles “could undermine” bank's restructuring efforts; JPM shifts cash into long-term bonds because of capital rules.
November 4 -
CEO tells employees he wants them to be 'impatient' in fixing the bank’s woes; the new independent body would police banks’ compliance with AML regulations.
November 1 -
Issuance of securities backed by the ostensible Libor replacement hit by money market turmoil; Jho Low will surrender luxury assets.
October 31
