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Market Intelligence:
AI
Payments
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Industry Data
  • Morning scan
    Changes at Mastercard; JPM gets on climate change bandwagon

    Payments firm announces leadership changes; the bank will place restrictions on fossil fuel lending while adding to sustainable projects.

    By George Yacik
    February 25
    Ajay Banga
  • Morning scan
    Intuit eyes Credit Karma; JPMorgan Chase plans U.K. digital bank

    The deal, which could be announced Monday, would push the TurboTax maker into consumer finance; the bank would follow U.S. rival Goldman Sachs into the British market.

    By George Yacik
    February 24
    Intuit's TurboTax application is seen in the App Store on an iPhone in Washington on Feb. 16, 2018.
  • Morning scan
    Wells may be poised to settle; Dissecting Morgan Stanley, E-Trade deal

    The bank could announce as early as Friday a deal on charges it wronged customers; the acquisition allows Morgan Stanley to compete in retail banking.

    By George Yacik
    February 21
  • Morning scan
    Morgan Stanley to buy E-Trade; ING CEO named to head UBS

    $13 billion deal will get Morgan Stanley "ready for prime time"; Ralph Hamers will replace Sergio Ermotti later this year.

    By George Yacik
    February 20
    Morgan Stanley CEO James Gorman
  • Morning scan
    HSBC plan sidesteps CEO question; Bloomberg would toughen bank regulations

    The overhaul calls for massive job cuts but leaves interim CEO Noel Quinn’s permanent role in limbo; the program would throw out most of Trump’s Dodd-Frank rollbacks.

    By George Yacik
    February 19
    HSBC interim CEO Noel Quinn
  • Morning scan
    Bank faces backlash on Tubman card; HSBC to cut costs, workers

    Black-owned OneUnited is getting grief for its depiction of the abolitionist on a debit card; the bank plans $4.5 billion in cost cuts, with 35,000 jobs cut.

    By George Yacik
    February 18
    HSBC headquarters
  • Morning scan
    Pressure grows on Barclays CEO; JPM tightens rules on working with fintechs

    For the second time in four years regulators are investigating Jes Staley; fintechs have until July 30 to sign agreements on how they access customer data.

    By George Yacik
    February 14
    Barclays CEO Jes Staley
  • Morning scan
    Staley probed for ties to disgraced financier; Fed picks face Senate panel

    Authorities looking into Barclays CEO’s dealings with Jeffrey Epstein; controversial pick Judy Shelton, critics charge, would jeopardize Fed independence.

    By George Yacik
    February 13
  • Morning scan
    Scharf overhauls Wells Fargo’s structure; CECL could be a boon for banks

    Bank will have more business lines, all reporting to the CEO; a research paper says the accounting rule could result in eased capital rules.

    By George Yacik
    February 12
    Charles Scharf, then the chief executive officer of Visa, speaks during the Institute of International Finance G-20 Conference in Shanghai, China.
  • Morning scan
    Charges in Equifax hack; Varo Money passes FDIC test

    Four Chinese military members charged with stealing data of 150 million Americans; fintech can use deposit insurance, a step toward a full bank charter.

    By George Yacik
    February 11
    A monitor displays Equifax signage on the floor of the New York Stock Exchange.
  • Morning scan
    Moynihan’s pay holds steady; cryptocurrency scams flourish

    The BofA CEO’s $26.5 million salary was about the same as in 2018; investors hoping for quick riches still fall for cryptocurrency-based Ponzi schemes.

    By George Yacik
    February 10
    moynihan-brian-bofa-bl-365.jpg
  • Morning scan
    Credit Suisse CEO leaves; Fannie, Freddie to buy SOFR mortgages

    Tidjane Thiam submits his resignation; the two agencies said they will soon start accepting mortgages tied to the new rate and drop Libor by yearend.

    By George Yacik
    February 7
  • Morning scan
    Boardroom war at Credit Suisse; HSBC still looking for CEO

    The bank’s top shareholders want the chairman to quit if he won’t support the CEO; HSBC expected to go forward with job cuts while searching for permanent boss.

    By George Yacik
    February 6
    Tidjane Thiam, chief executive officer of Credit Suisse.
  • Morning scan
    Fed bars another Goldman banker for 1MDB; SEC readies major crypto suit

    The bank’s former Asia investment banking co-chief is its third executive to be so punished; the agency says Telegram’s digital coin is a security.

    By George Yacik
    February 5
    bitcoin.jpeg
  • Morning scan
    Goldman, Amazon may offer loans; banks plan to tighten underwriting

    The bank would make small-business loans on the online retailer’s platform; Fed survey says banks worry about increasing delinquencies, especially in subprime.

    By George Yacik
    February 4
    Goldman Sachs
  • Morning scan
    Wells paying up to recruit brokers; Will JPM’s stock buybacks slow?

    The bank is offering big bonuses to hire new financial advisors; recent share repurchases have raised the cost of future rebuys.

    By George Yacik
    February 3
    jpmorgan-bl011216
  • Morning scan
    Fed votes to ease Volcker restriction; Truist reports a setback

    Banks would be allowed to own stakes in venture capital funds; the combined BB&T-SunTrust isn’t realizing cost savings as fast as it projected.

    By George Yacik
    January 31
  • Morning scan
    Goldman’s investor day disappoints; Fed on hold

    The bank raised its return-on-equity goals, based mostly on cost cuts and its core trading business; the Fed did raise the rate it pays on bank reserves.

    By George Yacik
    January 30
    David Solomon, CEO of Goldman Sachs.
  • Morning scan
    U.K. overdraft plans draw scrutiny; Deutsche to delay pay raises

    The country’s banks plan to raise overdraft rates to 40%, which has regulator watching; starting this year pay increases won’t be retroactive to Jan. 1.

    By George Yacik
    January 29
  • Morning scan
    Fed, OCC to propose easing Volcker rule; Visa's fintech interest

    The regulators plan to drop the 3% limit on bank investments in venture capital funds; Visa invests in another fintech startup.

    By George Yacik
    January 28
    Visa credit cards.
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23RD ANNUAL THE MOST POWERFUL WOMEN IN BANKING

Meet The Most Powerful Women in Banking 2025, our annual ranking of the executives at the pinnacle of the industry.

ABM1025_Cover.jpg

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© 2026 Arizent. All rights reserved.
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© 2026 Arizent. All rights reserved.