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  • 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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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.