Banco Popular de Puerto Rico

So-called criticized CRE loans at biggest U.S. banks have surged as offices and malls stand empty; doctored video and audio content used to defraud bank customers is rising sharply.

The bank said it found evidence that employees and customers misused several government stimulus programs; the Fed plan may be too restrictive to get banks and borrowers to participate.

A report from the derivatives agency says climate change poses “profound risks to the financial system;” the bank dismissed several people for improperly applying for Economic Injury Disaster Loans.

Jane Fraser will become the first female CEO of a major Wall Street bank when she succeeds the retiring Michael Corbat in February; JPMorgan Chase plans to reopen its trading floors September 21.

Banking now outpaces many other industries in having women in senior management roles; should banks and their investors be worried if the Democrats take control of Washington?

A public rebuke on the bank’s risk management may have expedited Corbat’s retirement; a deal would create a Swiss champion in wealth management and investment banking.

Top Senate Republican says the Fed nominee doesn’t have the votes but aren’t throwing in the towel yet; the bank’s stock is down 12% this week amid news of a large risk systems upgrade.

The central bank reiterated its plan to allow inflation to run above 2% for an extent before raising rates; the German bank postpones returning people to its New York City office until next July.

The results of the latest exams will be released for each of 33 big banks; the Fed will announce by the end of this month if it will cap fourth quarter dividends and prohibit buybacks.

BuzzFeed News published its “FinCEN Files,” alleging that large banks ignored reports of suspicious activities and helped launder trillions of dollars; low rates will depress earnings even as credit losses don’t look to be as bad as expected.