Banking now outpaces many other industries in having women in senior management roles; should banks and their investors be worried if the Democrats take control of Washington?

Jane Fraser will become the first female CEO of a major Wall Street bank when she succeeds the retiring Michael Corbat in February; JPMorgan Chase plans to reopen its trading floors September 21.

A report from the derivatives agency says climate change poses “profound risks to the financial system;” the bank dismissed several people for improperly applying for Economic Injury Disaster Loans.

The bank said it found evidence that employees and customers misused several government stimulus programs; the Fed plan may be too restrictive to get banks and borrowers to participate.

So-called criticized CRE loans at biggest U.S. banks have surged as offices and malls stand empty; doctored video and audio content used to defraud bank customers is rising sharply.

Investment banking and trading income hit an eight-year high, buoyed by heavy pandemic-fueled borrowing; the division’s revenue has jumped as it poaches advisers from rivals.

Germany’s two biggest banks have dropped Ernst & Young because of ties to the defunct payments company; Wells was charged with failing to account for the costs of switching customers to new investments.

The bank said the museum at its San Francisco headquarters will remain open but the other 11 are history; the investigation will look into regulatory failures that may have ignored red flags.

Central banks “have conspired to destroy returns” with monetary policy and dividend constraints, the FT argues; JPMorgan Chase hired the Vanguard vet to lead its phone and video-based financial advice unit.

The hedge fund being started by the former acting head of the CFBP aims to bet on financial services stocks; large and small institutions are getting hit from all sides by the pandemic.