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  • Morning scan
    Amex beats estimates; OCC blames itself on Wells

    The card company reported flat billed business following two down quarters despite loss of Costco co-branded business; bank regulator faults its examiners for ignoring Wells Fargo problems as far back as 2010.

    By George Yacik
    April 20
    Treasury Secretary Steve Mnuchin
  • Morning scan
    Goldman disappoints; Big day for digital wallets

    The bank's first-quarter results take some of the steam out of the Trump bank rally; Mastercard to put Masterpass on Facebook Messenger while PayPal reaches deal with Android Pay.

    By George Yacik
    April 19
    hardwick-elly-deutsche-bank
  • Morning scan
    Synovus to buy Cabela’s deposits; Quarles eyed as Fed vice chair

    Bank earns $75 million for saving Bass Pro Shops's acquisition of rival outdoor retailer; Trump to name Randal Quarles as Fed's vice chairman for bank supervision.

    By George Yacik
    April 18
    Randy Quarles
  • Morning scan
    NSA hacks into SWIFT; Wells board faces the voters

    Hacker group Shadow Brokers says U.S. intel agency compromised parts of the global banking system; bank's directors gear up for tough election at annual meeting.

    By George Yacik
    April 17
    Daniel Tarullo, governor of the U.S. Federal Reserve, speaks during an event at Princeton University.
  • Morning scan
    Earnings season opens; Berkshire trims Wells stake

    JPMorgan Chase, Wells Fargo and Citigroup report first quarter earnings; Warren Buffett's company sells shares to stay under 10% ownership but is likely to support directors at annual meeting.

    By George Yacik
    April 13
    Warren Buffett, chairman and chief executive officer of Berkshire Hathaway.
  • Morning scan
    Barclays fallout; will bitcoin ever catch on?

    The financial press looks at possible ramifications from Jes Staley's attempt to unmask a whistleblower at the British bank; why has the digital currency failed to live up to eight years of hype?

    By George Yacik
    April 12
    Representative Jeb Hensarling, a Republican from Texas and chairman of the House Financial Services Committee.
  • Morning scan
    More Wells Fargo clawbacks; blockchain hype tempered

    Directors take back $75 million more from two former executives and release scathing report on bank's fake accounts scandal; UBS executive sees decade-long wait for transformation.

    By George Yacik
    April 11
    Former Wells Fargo retail bank chief Carrie Tolstedt.
  • Morning scan
    Barclays chief investigated; More pressure on Wells board

    CEO Jes Staley is investigated by British authorities for trying to unmask a bank whistleblower and will take a pay hit; ISS is second consultant to call for voting against Wells directors.

    By George Yacik
    April 10
    Jes Staley, chief executive officer of Barclays.
  • Morning scan
    Cohn said to support Glass-Steagall; Lending Club founder returns

    White House economic chief makes nice with Elizabeth Warren over resurrecting bank separation law; Renaud Laplanche launches a new company to compete with his old one.

    By George Yacik
    April 7
    Gary Cohn, director of the U.S. National Economic Council.
  • Morning scan
    Cordray takes heat; Apple Pay fails to click

    CFPB director accused of being "asleep at the wheel" during the Wells Fargo scandal; consumers and retailers both reluctant to use Apple's mobile payment service.

    By George Yacik
    April 6
    CFPB Director Richard Cordray
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Innovation of the Year 2025

The 10 most groundbreaking tech projects and bank-fintech partnerships that are moving financial services forward

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© 2025 Arizent. All rights reserved.
Arizent Logo
© 2025 Arizent. All rights reserved.