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  • Morning scan
    Household debt hits new record; Wells' brand repair

    Consumer debt breaks the previous mark set back in 2008, but some are worried that people are returning to their profligate ways; Wells Fargo makes greater use of consumer surveys to fix its brand.

    By George Yacik
    May 18
    Treasury Secretary Steven Mnuchin.
  • Morning scan
    Hackers tough new task: Cash in their bitcoin; Dimon takes the heat

    Cashing in digital currency for government-backed paper may not be so easy; JPM CEO is taken to task by shareholders for his close ties to President Trump.

    By George Yacik
    May 17
    dimon-jamie-blmg12.jpg
  • Morning scan
    Fintech worldwide; AIG's new CEO

    Updates on fintech in Brazil, China and Britain; Brian Duperreault promises to grow the insurance giant, not break it up.

    By George Yacik
    May 16
    lutnick-howard
  • Morning scan
    Are digital currencies bubbling? B of A's AI plans

    The value of digital currencies soared past $50 billion, raising concerns of a bubble; B of A plans to introduce AI-powered digital assistant this year.

    By George Yacik
    May 15
    freiberg-steve
  • Morning scan
    More Wells cost cuts; OCC choice questioned

    The bank said it plans to cut $2 billion more from expenses over the next two years; Senate Banking Dems have questions about the choice of acting comptroller.

    By George Yacik
    May 12
    Tim Sloan, president and CEO of Wells Fargo.
  • Morning scan
    Staley apologizes; CFPB eyes small businesses

    Despite some investor criticism, CEO retains support of chairman John McFarlane; consumer protection agency looks to extend regulatory reach.

    By George Yacik
    May 11
    Barclays CEO Jes Staley
  • Morning scan
    AIG ruling overturned; Staley faces the music

    Appeals court throws out earlier ruling that federal bailout of giant insurer was illegal; Barclays chief likely to face angry shareholders at annual meeting.

    By George Yacik
    May 10
    greenberg-hank-bl
  • Morning scan
    More moves at Goldman; Regionals seek rule change

    Investment bank promotes several executives; banks ask Mnuchin to help roll back rule that would make them recognize loan losses earlier.

    By George Yacik
    May 9
    Gary Cohn, director of the National Economic Council.
  • Morning scan
    Wells to cost cuts further; Thriftiness pays

    Wells is expected to announce $3 billion more in additional spending reductions; B of A pays half the interest of other banks, but still rakes in deposits.

    By George Yacik
    May 8
    Goldman Sachs CEO Lloyd Blankfein.
  • Morning scan
    House panel passes Choice Act; Wells said to target aliens

    Bill that would roll back much of Dodd-Frank now goes to the full House; suit says bank employees trailed undocumented Latinos to get them to open accounts.

    By George Yacik
    May 5
    kandarian-steve-bl060414
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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

ABM0625_Cover.jpg

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