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  • Morning scan
    Big six banks roll; Trump again rails against rate hikes

    Main Street and Wall Street banks show strong earnings gains over last year; the president calls the Fed’s rate raising policies “my biggest threat.”

    By George Yacik
    October 17
    Fed Chair-designate Jerome Powell with President Trump
  • Morning scan
    CFPB seeks ‘abuse’ definition; Fidelity offers bitcoin trading

    A definition would give lenders a clearer idea of what practices are off limits; the mutual fund giant will provide the service for institutional clients.

    By George Yacik
    October 16
    Acting CFPB Director Mick Mulvaney
  • Morning scan
    BofA’s missed opportunity; Seeing the bad in earnings

    BofA hasn’t taken advantage of the benefits of owning Merrill Lynch; weakness seen despite stronger bank earnings.

    By George Yacik
    October 15
    Brian Moynihan, CEO of Bank of America.
  • Morning scan
    JPM, Citi beat estimates; Wells Fargo targets D.C.

    JPMorgan and Citibank post better-than-expected results; Adding workers and promoting its charitable efforts, the bank hopes to win favor.

    By George Yacik
    October 12
    Citigroup Chief Executive Officer Mike Corbat.
  • Morning scan
    Square CFO heads out; OCC considering Citi sanctions

    The company’s stock plunges after Sarah Friar’s departure announced; the bank said it unintentionally withheld mortgage discounts from minority borrowers.

    By George Yacik
    October 11
    Sarah Friar
  • Morning scan
    Bank earnings should be good; Goldman's priority

    Slower-than-expected lending and "lackluster" trading could be concerns; new CEO David Solomon sets his sights on fixed income.

    By George Yacik
    October 10
    David Solomon
  • Morning scan
    HSBC hires Goldman exec; high rates may hurt banks’ bottom lines

    Several other recent hires may have been an attempt to refute charges it can’t attract top talent; rising rates have helped banks, but a reckoning awaits.

    By George Yacik
    October 9
    HSBC headquarters
  • Morning scan
    Square gets into lending business; Costs of money laundering

    The company is offering short-term installment loans to its clients’ customers; even institutions not accused of wrongdoing may pay a price.

    By George Yacik
    October 5
    Jacqueline D. Reses
  • Morning scan
    Bank earnings may have upside; Bernie targets banks

    Profits at big banks should be solid if not spectacular; the Vermont senator proposes a hard cap on assets held by the biggest banks.

    By George Yacik
    October 4
    sanders-bernie-bl042915.jpg
  • Morning scan
    OCC unhappy with Wells; Cryptocurrency price manipulation seen

    Otting says the bank is not moving fast enough to repay customers who were unfairly sold auto insurance; lack of regulation lets traders use software to move prices.

    By George Yacik
    October 3
    An ATM is seen behind a fence at a Wells Fargo bank branch in Schaumburg, Illinois.
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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.