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  • Morning scan
    Senate passes PPP 2.0; JPMorgan hashing out return-to-work plan

    The bill, which includes $310 billion in new funding, is expected to pass the House on Thursday; Chase has no timeline for returning but plans to bring back employees to offices in stages.

    By George Yacik
    April 22
    ATMs stand at a JPMorgan Chase bank branch in Chicago.
  • Morning scan
    PPP reload nearing; Treasury eyes blocking stimulus check garnishment

    The administration and Congress are said to be close to adding $310 billion to the small business loan program; the department is looking at whether it can prevent banks from seizing government checks.

    By George Yacik
    April 21
    The U.S. Department of the Treasury building.
  • Morning scan
    White House, Democrats close in on PPP deal; are small-fry firms getting edged out?

    The two sides say a deal to replenish the small-business loan program may be reached for a Senate vote early this week; big restaurant chains said to edge out small firms for loans.

    By George Yacik
    April 20
    Treasury Secretary Steven Mnuchin.
  • Morning scan
    New coronavirus funding stalls; mortgage lenders pressure Mnuchin

    Partisan differences get in the way of new aid program for small businesses as SBA program runs out of money; loan servicers want a bailout as defaults are expected.

    By George Yacik
    April 17
    Treasury Secretary Steven Mnuchin
  • Morning scan
    Trading desks carry big banks; mad rush for relief funds

    Wall Street trading arms benefited from first-quarter volatility, but it may not be enough to salvage future earnings; “unprecedented volume” of customers logging into their online bank accounts creates system overload at many banks.

    By George Yacik
    April 16
    Laptop showing a page loading progress symbol.
  • Morning scan
    JPMorgan, Wells brace for impact; Credit Suisse asked to block bonuses

    The two U.S. banks set aside a combined $10 billion for future loan losses, which may not even be enough; a proxy firm says the Swiss bank did not adequately punish former executives for spying scandal.

    By George Yacik
    April 15
    Tidjane Thiam, chief executive officer of Credit Suisse Group.
  • Morning scan
    JPMorgan profits drop; Earnings may decide dividend payouts' fate

    Bank’s earnings fall 69% in the first quarter; this week’s earnings reports could determine whether banks will need to suspend dividends.

    By George Yacik
    April 14
  • Morning scan
    Banks expect ugly earnings season; treading carefully on PPP loans

    Q1 profits expected to drop by nearly 25%, while investment banking revenues could tank much more; many banks have tighter standards than the SBA.

    By George Yacik
    April 13
  • Morning scan
    Fed eases Wells Fargo asset cap; U.K. bankers forgo bonuses

    The bank will be allowed to exceed the limit to enable it to make more small business loans; the CEOs of HSBC and StanChart are also donating part of their pay to coronavirus victim charities.

    April 9
    Noel Quinn, chief executive officer of HSBC, speaks during a panel discussion at the Bloomberg New Economy Forum in Beijing on Nov. 22, 2019.
  • Morning scan
    Congress seeks more SBA funding; FHFA head rejects mortgage servicer fears

    Lawmakers want to expand the two-day old small business loan program by another $250 billion; Calabria says nonbanks are exaggerating their financial woes as forbearance claims rise.

    By George Yacik
    April 8
    Mark Calabria, director of the Federal Housing Finance Agency.
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23RD ANNUAL THE MOST POWERFUL WOMEN IN BANKING

The Most Powerful Women in Banking 2025 cover photo was taken in the 10th floor private space of "The Landmark," the iconic Tiffany & Co. building at 727 5th Avenue in New York City.

ABM1025_Cover.jpg

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