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  • Morning scan
    Oil price plunge fans bank fears; CFPB sues Fifth Third on phony accounts

    Investors worry the drop in crude prices could spark a rash of defaults; the bank denies it opened accounts without customer permission to meet sales quotas.

    By George Yacik
    March 10
  • Morning scan
    Wells board members quit; BofA quizzing clients on virus

    Elizabeth Duke and James Quigley step down from board; the bank is asking corporations to divulge their exposure and preparations as part of risk assessment.

    By George Yacik
    March 9
    Elizabeth Duke
  • Morning scan
    Dimon has emergency heart surgery; Waters wants two off Wells' board

    The JPM CEO is “recovering well” as the bank’s two co-presidents assume control; the House finance chairwoman says the bank board members neglected their duty.

    By George Yacik
    March 6
    JPMorgan Chase CEO Jamie Dimon.
  • Morning scan
    Banks deal with coronavirus; Fed finalizes bank capital rules

    Banks make emergency preparations as HSBC deals with confirmed case; the changes simplify regulations without posing additional systemic risks, the Fed says.

    By George Yacik
    March 5
  • Morning scan
    Coronavirus reactions continue; Supremes don’t tip hand on CFPB case

    Fed makes emergency cut, JPMorgan tests contingency plan; the justices appeared divided on whether to give the president power to fire the agency’s director.

    By George Yacik
    March 4
  • Morning scan
    Coronavirus is latest test for Europe’s banks; UBS CEO heading to Swiss Re

    The disease could lead to less lending business and more loan defaults; Sergio Ermotti will join the insurance company as chairman in 2021.

    By George Yacik
    March 3
    Sergio Ermotti
  • Morning scan
    CFPB case hearing ahead; Amex accused of aggressive sign-up tactics

    The Supreme Court will hear arguments on the agency’s structure; the company, desperate after losing Costco’s business, allegedly pressured and misled applicants.

    By George Yacik
    March 2
    Supreme Court
  • Morning scan
    Wells pays another fine; bank stocks keep falling

    The bank agreed to pay $35 million to settle SEC charges it recommended high-risk ETFs to some customers; coronavirus fears continue to batter financial shares.

    By George Yacik
    February 28
  • Morning scan
    Addressing the coronavirus; Wells workers to testify

    Wall Street banks make plans to keep workers in Tokyo safe; the employees are bringing their grievances against the bank to Capitol Hill.

    By George Yacik
    February 27
    Coronavirus
  • Morning scan
    Dimon ‘open-minded’ on deals; CFPB would permit ‘zombie’ debt collection

    JPMorgan would consider buying other businesses; collectors would be allowed to pursue debt past the statute of limitations, if they warn borrowers.

    By George Yacik
    February 26
    Jamie Dimon
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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.