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  • Morning scan
    Richmond Fed chief resigns; More Wells sales issues

    Jeffrey Lacker admits his involvement in a 2012 leak that sparked a criminal probe by the Fed; Wells has fired dozens in its credit card processing unit for inflating merchants' sales figures.

    By George Yacik
    April 5
    Jeffrey Lacker, president and chief executive officer of the Federal Reserve Bank of Richmond.
  • Morning scan
    Wells ordered to rehire whistleblower; Dodd-Frank delay

    Bank will also pay $5.4 million to former manager who spotted fraud; overhauling Dodd-Frank will have to wait until summer.

    By George Yacik
    April 4
    mchenry-patrick-2016
  • Morning scan
    Tarullo's last week at the Fed; Elevate: We're a bank

    The Fed's chief regulator leaves a legacy of strong banks; marketplace lender tries an IPO again by touting its balance sheet.

    By George Yacik
    April 3
    Fed Gov. Daniel Tarullo
  • Morning scan
    Social media no-nos; Is the public cloud safe?

    Former U.K. banker is fined by regulator for using WhatsApp to discuss deals; Chase believes the public cloud is safe enough for banking applications.

    By George Yacik
    March 31
    fink-laurence-bl
  • Morning scan
    Another bank fudges; Santander auto unit fined

    Citizens Financial workers say they made up meetings with bank customers to meet sales pressures; car financing subsidiary settles with two states for $26 million for making bad loans.

    By George Yacik
    March 30
    Roberts_John_blmg
  • Morning scan
    SEC rejects another bitcoin ETF; Mixed day for Wells

    Digital currency proponents now pin their hopes on a bitcoin futures contract; bank reaches $110 million settlement with customers over phony accounts but gets "needs to improve" CRA rating.

    By George Yacik
    March 29
    Securities and Exchange Commission headquarters.
  • Morning scan
    Supreme Court won't hear swipe fee case; Pimco settles

    Former "Bond King" and the firm he co-founded patch up their differences for a reported $81 million; Supreme Court inaction means merchants can pursue more claims against Visa and Mastercard over swipe fees.

    By George Yacik
    March 28
    gross-bill-bl
  • Morning scan
    Banks discuss cost cuts; Bank stocks threatened

    Large banks may collaborate to reduce back-office expenses; survey says banks give in to customers who ask for reduced fees.

    By George Yacik
    March 27
    cryan-john-bl
  • Morning scan
    'Doogie Howser' closes fund; Eye on culture

    Former Goldman wunderkind Eric Mindich closes $7 billion Eton Park hedge fund as returns suffer, assets shrink; San Francisco Fed chief says bank culture is regulatory concern.

    By George Yacik
    March 24
    williams-john-sf-fed-bl101915
  • Morning scan
    Feds finger North Korea in hack; Deutsche's next chief?

    The Justice Department believes that Pyongyang was behind last year's New York Fed heist; Marcus Schenck, DB's CFO and deputy CEO, may be next in line to head the big German bank.

    By George Yacik
    March 23
    Deutsche Bank CFO Marcus Schenk.
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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.
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© 2025 Arizent. All rights reserved.