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  • Morning scan
    Banks seek looser hiring rules; PayPal eyes Venmo for credit card

    Banks say easing rules on people with some criminal records will diversify the applicant pool; deal with Synchrony may be near.

    By George Yacik
    April 22
    paypal1.jpg
  • Morning scan
    Why BNY Mellon stock dropped 10%; Blockchain still hot

    Price hit "a grim reminder" about impact of soft interest rates; despite bitcoin's plunge, blockchain could be prominent in Wall Street's future.

    By George Yacik
    April 18
    BNY Mellon
  • Morning scan
    Bank earnings underwhelm; ING eyes Commerzbank

    Retail stars in bank earnings season as investment banking and capital markets sag; Dutch bank may be waiting in the wings if Deutsche can't close the deal.

    By George Yacik
    April 17
    A lion logo sits on a sign outside an ING bank branch in Amsterdam.
  • Morning scan
    Weak revenue growth underlies bank profits; another Libor alternative

    Citi, Goldman, BofA earnings rose despite flat revenues; benchmark would be based on rates set on the American Financial Exchange.

    By George Yacik
    April 16
    earnings
  • Morning scan
    Earnings top expectations; Concern despite Wells’ profit

    Citigroup, Goldman earnings surprise to the upside; cost cuts fueled the bank’s 14% earnings growth.

    By George Yacik
    April 15
    Wells Fargo sign
  • Morning scan
    JPM's profits up on revenue gain; Citi's changing of the guard

    Bank's profits grow 5% on earnings growth; Citi's number 2 exec retirement shows the difficulty retaining a host of top executives.

    By George Yacik
    April 12
    forese-james-citigroup.jpg
  • Morning scan
    Small banks’ tech discontent; Preparing for the end of Libor

    Small banks rise up against “onerous contracts and sometimes mediocre digital offerings”; Quarles warns banks to speed up preparations for Libor sunset.

    By George Yacik
    April 11
    Randal Quarles
  • Morning scan
    Wells under renewed fire; Société Générale to slash almost 1,600 jobs

    Three regulators warn Wells it hasn’t made enough progress on consent order; poor fourth quarter investment banking revenue ignites cutbacks.

    By George Yacik
    April 10
    Kraninger-bl071918.jpg
  • Morning scan
    SEC chief warns on leveraged loans; Wells’ woes continue

    Clayton is the latest to raise concerns about bank loans to highly indebted companies; Wells Fargo’s performance took a hit with its reputation.

    By George Yacik
    April 9
    clayton-jay-SEC-bl
  • Morning scan
    Buffett offers Wells CEO advice; Leveraged loans again sparking fear

    The bank’s biggest shareholder says Wall Street shouldn't yield its next CEO; concern that mistakes that led to the financial crisis are being repeated.

    By George Yacik
    April 8
    Warren Buffett, chairman and chief executive officer of Berkshire Hathaway.
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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.