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Market Intelligence:
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Industry Data
  • Morning scan
    Cagney leaves SoFi; Equifax lobbied for breaks before breach

    Online lender’s co-founder says “negative press” from lawsuits has become a “distraction”; company sought lighter regulation and limited legal liability for credit bureaus.

    By George Yacik
    September 12
    Mike Cagney, co-founder and chief executive officer of Social Finance (SoFi).
  • Morning scan
    Equifax hack sparks probes; mobile apps keep Houston banking

    The FBI and at least two states are looking into the data breach; Harvey shut lots of banks, but mobile banking apps keep customers operating.

    By George Yacik
    September 11
    Jamie Dimon.
  • Morning scan
    Hackers hit Equifax motherlode; NYS agency boots Pakistani bank

    Credit bureau says records of 143 million consumers were compromised; state agency penalizes Habib Bank for enabling terror financing.

    By George Yacik
    September 8
    Comptroller-nominee Joseph Otting (left) and Fed Vice Chair-nominee Randal Quarles.
  • Morning scan
    Square applies for a bank license; Fischer resigns from Fed

    Company is third fintech firm in the past few months to seek its own bank charter; vice chair’s departure gives Trump four vacancies to fill on the Federal Reserve Board.

    By George Yacik
    September 7
    reses-jackie-square-capital
  • Morning scan
    Two former managers sue Wells; CMBS market rebounds

    Husband and wife claim they were fired for raising concerns about the bank’s sales practices; commercial mortgage-backed securities on pace to top last year’s volume.

    By George Yacik
    September 6
    cryan-john-bl
  • Morning scan
    Cordray skirts gubernatorial talk; no more SIFIs?

    CFPB director gives political speech but avoids saying if he will run for governor in Ohio; Treasury is looking into getting rid of the "too big to fail" label.

    By George Yacik
    September 5
    CFPB Director Richard Cordray
  • Morning scan
    Wells phony accounts scandal widens; Cordray stays mum

    Bank undercounted fake accounts and says it also opened more than 500,000 bill-pay accounts; CFPB director provides “no further insights” on his future.

    By George Yacik
    September 1
    Tim Sloan, president and chief executive officer of Wells Fargo.
  • Morning scan
    BONY takes control; Fiduciary rule delay

    Bank of New York basically controls the market for clearing Treasuries and repos after Chase withdraws; compliance pushed back to July 1, 2019.

    By George Yacik
    August 31
    Schwarznegger_Arnold_blm.jpg
  • Morning scan
    The boom after the storm; Berkshire exercises B of A warrants

    Following short-term disruptions from Harvey, Texas bankers expect a long-term lift to the local economy; Buffett’s company officially becomes the bank’s largest shareholder.

    By George Yacik
    August 30
    Brian Moynihan, CEO of Bank of America
  • Morning scan
    Minding the GAP; fretting about loans to retailers

    CFPB and OCC are looking at auto lenders’ policies regarding so-called GAP insurance; banks want greater collateral from retailers.

    By George Yacik
    August 29
    kulas-jason-santander-usa
  • Morning scan
    Yellen defends her record; Helocs rebound

    Fed chair says post-crisis financial reforms have strengthened the banking system and the economy; consumers again comfortable borrowing against their home equity.

    By George Yacik
    August 28
    yellen-janet-jackson-hole-bl082417
  • Morning scan
    Two big banks seek to speed mortgages; Stress test backer

    U.S. Bank and Wells Fargo to use Blend software to speed up mortgage origination processes; Robert Kaplan wants to keep stress tests on big banks.

    By George Yacik
    August 25
    Robert Kaplan, president of the Federal Reserve Bank of Dallas, speaks during the American Economic Association annual conference in Chicago.
  • Morning scan
    Amex settles with CFPB; Japan's largest bank targets U.S.

    The credit card issuer paid $95 million to settle charges it offered inferior terms to customers in American territories; Mitsubishi UFJ wants to become a top 10 U.S. bank.

    By George Yacik
    August 24
    American Express chip credit cards.
  • Morning scan
    A solid Q2 for banks; Goldman targets Volcker rule

    Bank earnings rose nearly 11% in the second quarter, according to the FDIC; Goldman lobbying to kill or weaken the rule to boost its bond trading performance.

    By George Yacik
    August 23
    Walmart shopping carts.
  • Morning scan
    Hackers target digital currency buffs; JPM’s beneficence

    Hackers are stealing enthusiasts’ phone numbers, then changing the passwords to clean out their financial accounts; bank makes pledge to human rights groups.

    By George Yacik
    August 22
    blankfein_lloyd_bl
  • Morning scan
    P2P student lender gets financing; Bitcoin Cash surges

    Prodigy Finance, a London-based graduate student lender, gets $240 million in new funding round; Bitcoin Cash value soars.

    By George Yacik
    August 21
    mnuchin-steven-bl120616
  • Morning scan
    B of A settles mortgage case; unrewarding rewards?

    The bank agrees to pay $6 million to a California couple a judge said was illegally foreclosed on; do rewards programs help or hurt card issuers?

    By George Yacik
    August 18
    ma-jack-bl061915
  • Morning scan
    Money laundering risk rises; bias charge at Goldman

    Basel Institute says enforcement is the problem; wealth adviser says bank steered clients away from her to white colleagues and blocked her promotion.

    By George Yacik
    August 17
    Jamie Dimon.
  • Morning scan
    Wells gets new chair; household debt at new high

    As expected, the bank elevates its vice chairman, former Federal Reserve Governor Elizabeth Duke, to the top spot; credit card delinquency rates rise along with balances.

    By George Yacik
    August 16
    Elizabeth Duke, former governor of the Federal Reserve and current member of Wells Fargo’s board.
  • Morning scan
    Berkshire loves Synchrony; What’s behind the bitcoin surge?

    Warren Buffett’s firm buys big stake in retail credit card issuer while dumping shares in its former parent, GE; long-awaited update speeds transactions in the digital currency network.

    By George Yacik
    August 15
    Warren Buffett, chairman and chief executive officer of Berkshire Hathaway.
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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.