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  • LEADERS
  • On-Chain Finance Report
  • Morning scan
    Ransomware attack hobbles FX; Wells accused of passing cost of fines to vendors

    Travelex unable to deliver cash to major banks following a New Year’s Eve cyberattack; Rep. Katie Porter says the bank is undermining purpose of its punishment.

    By George Yacik
    January 10
    Charles Scharf, then the chief executive officer of Visa, speaks during the U.S.-Africa Business Forum in New York.
  • Morning scan
    CRA overhaul may get messy; Student loans vulnerable in bankruptcy

    Fed proposal is at odds with the one offered by the FDIC and OCC; judge wants to dispel the “myth” that student loans can’t be expunged in bankruptcy.

    By George Yacik
    January 9
  • Morning scan
    Goldman’s small reveal on consumer unit; Warren proposes bankruptcy reform

    Marcus and the Apple credit card accounted for 3% of the bank’s profit in the first three quarters of 2019, despite a multibillion-dollar investment in consumer operations; the senator’s plan would make it easier to expunge debt.

    By George Yacik
    January 8
    Sen. Elizabeth Warren
  • Morning scan
    Goldman goes transparent; Banks up to the challenge

    Goldman Sachs plans to offer details into its workings to boost its stock value; while challenger banks are prospering, traditional banks still rule the roost.

    By George Yacik
    January 7
    Signage for Goldman Sachs
  • Morning scan
    Is a good year a bad sign for banks?; Checking for post-Libor plans

    Some analysts warn the loosening of bank regulations may be hiding risks; watchdogs are demanding proof that financial institutions are ready for 2021.

    By George Yacik
    January 6
    libor
  • Morning scan
    Goldman in settlement talks with DOJ; Congress members ask JPM about equality

    The bank could pay about $2 billion to close the 1MDB case in the U.S.; in letters lawmakers ask Dimon about policies to combat racism.

    By George Yacik
    December 20
    David Solomon, CEO of Goldman Sachs.
  • Morning scan
    JPM wins a place in China; banks again warned about replacing Libor

    The bank is the first U.S. one approved for a majority-owned securities unit in China; the FSB said banks must get serious about replacing the benchmark.

    By George Yacik
    December 19
    jpmorgan-bl011216
  • Morning scan
    Six living wills have ‘shortcomings’; PE firms buy stake in Amex unit

    Regulators said the living wills of six banks — not Goldman or JPM — need tweaking; the investment values the global business travel unit at $5 billion.

    By George Yacik
    December 18
    American Express
  • Morning scan
    Goldman’s green goal; Biggest U.K. banks ace stress test

    The bank announced a $750 billion plan to “focus on climate transition and inclusive growth”; the seven biggest banks have passed three years in a row.

    By George Yacik
    December 17
    David Solomon
  • Morning scan
    Fintech, bank conflict heats up; Deutsche plans bonus cuts

    Fintechs want access to customers’ financial data, but banks are resisting, on security concerns; Deutsche Bank may cut bonus pool 20% after 14% drop last year.

    By George Yacik
    December 16
    Deutsche Bank sign
  • Morning scan
    OCC, FDIC propose CRA overhaul; PayPal sues CFPB over prepaid rule

    The plan would increase lending and transparency, the regulators say; the company says the rule unfairly lumps together digital wallets and prepaid cards.

    By George Yacik
    December 13
    paypal1.jpg
  • Morning scan
    BofA adds to holiday cheer; AI could be a savings tool

    The bank joins rivals in predicting a better than expected Q4; JPM exec says AI could help create products for savings.

    By George Yacik
    December 12
    Bank of America CEO Brian Moynihan
  • Morning scan
    Good quarter for banks?; HSBC settles U.S. tax evasion case

    JPM’s CFO says trading, investment banking revenue better than expected; the bank will pay $192 million to settle charges it helped customers hide assets.

    By George Yacik
    December 11
    JPMorgan Chase CFO Jennifer Piepszak
  • Morning scan
    Morgan Stanley to cut jobs; big banks making progress on replacing Libor

    The Wall Street bank to shed 1,500 spots ahead of an uncertain 2020; smaller and regional banks are lagging behind but expect to increase their focus next year

    By George Yacik
    December 10
    Morgan Stanley signage is displayed at their headquarters in New York.
  • Morning scan
    Goldman's small world; Bitcoin’s woes go beyond price

    The bank may extend advisory service to clients with as little as $5,000 to invest; trading of the cryptocurrency has plunged.

    By George Yacik
    December 9
  • Morning scan
    Credit card issuers bulk up; Diversity still a challenge for banks

    Issuers have started adding metal to their credit cards; banks have been “slow” to add diversity in executive ranks, filings suggest.

    By George Yacik
    December 6
    credit-card.jpg
  • Morning scan
    OCC takes a shot at Wells; Warren targets bank mergers

    The regulator says the bank needs to address employee complaints and pay controls; the presidential hopeful would make it more difficult for banks to combine.

    By George Yacik
    December 5
    Charles Scharf, then the chief executive officer of Visa, speaks during the Institute of International Finance G-20 Conference in Shanghai, China.
  • Morning scan
    Regulators ease hemp banking rules; alternative credit checks get the nod

    Banks will not have to file reports on customers just because they're in the hemp business; making it easier for people with no credit history to get loans.

    By George Yacik
    December 4
    Credit rating, credit score
  • Morning scan
    Will the fintech bubble burst?; banks using customer data for retail offers

    The number of fintech startups has declined rapidly; several banks are using customer data to help customize retail offers.

    By George Yacik
    December 3
  • Morning scan
    Will the fintech bubble burst?; banks using customer data for retail offers

    The number of fintech startups has declined rapidly; several banks are using customer data to help customize retail offers.

    By George Yacik
    December 3
    Bubble about to burst
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23RD ANNUAL THE MOST POWERFUL WOMEN IN BANKING

The Most Powerful Women in Banking 2025 cover photo was taken in the 10th floor private space of "The Landmark," the iconic Tiffany & Co. building at 727 5th Avenue in New York City.

ABM1025_Cover.jpg

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