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  • Morning scan
    Goldman hires two tech execs; Deutsche settles mortgage suit

    The bank is adding senior tech executives from Amazon and Verizon as partners; bank allegedly inflated prices and overcharged investors for mortgage bonds.

    By George Yacik
    September 13
    deutsche-bank-bl-081718.jpg
  • Morning scan
    The changing metrics of credit; HSBC wants out of France

    Lenders considering other factors for those with bad or no credit history; the bank plans to sell its French retail unit.

    By George Yacik
    September 12
    HSBC headquarters
  • Morning scan
    JPM prepping for zero rates; N.J. to pressure banks on guns

    Dimon doesn’t expect it to happen, but the bank is getting ready just in case; the state will require banks to disclose their relationship with gun sellers.

    By George Yacik
    September 11
    JPMorgan Chase CEO Jamie Dimon
  • GSEs
    Treasury moves to recap Fannie, Freddie; BofA's down market success

    Mnuchin hopes to strike a deal soon to recapitalize the two mortgage giants, a prelude to privatization; the bank’s focus on mid-tier corporations is starting to bear fruit.

    By George Yacik
    September 10
    Treasury Secretary Steven Mnuchin speaks during a news conference on the North Lawn of the White House on Sept. 9, 2019.
  • Morning scan
    Bankers set to deliver weak guidance; Tech funds looks to payment firms

    The six biggest banks are expected to issue disappointing forecasts as rates continue to decline; technology stock mutual funds scored with payment plays.

    By George Yacik
    September 9
    credit-card.jpg
  • Morning scan
    Plan for Fannie, Freddie; Fed likely to go easy on rate cut

    The mortgage agencies would be privatized under Trump administration plan; central bank will probably cut rates by 25 bps, not 50 bps, at its next meeting.

    By George Yacik
    September 6
    fannie-freddie-hq-bl-620.jpg
  • Investment banking
    Goldman thins its partnership ranks; Wells responds to Warren

    About 15% of the bank’s partners are likely to leave this year to make room for new ones; the bank said it is looking into why it charges some customers even after their accounts are closed.

    By George Yacik
    September 5
    Sen. Elizabeth Warren, D-Mass. and 2020 presidential candidate, speaks during the Democratic National Committee Summer Meeting in San Francisco on Aug. 23, 2019.
  • Career moves
    Goldman’s Chavez to retire; credit unions on bank buying spree

    The co-head of the bank’s securities division, 55, was once seen as a possible CEO; the institutions are gobbling up small banks at a record pace, prompting pushback from banks.

    By George Yacik
    September 4
    Martin Chavez of Goldman Sachs.
  • Payday lending
    Payday loans for employees; Deutsche Bank CEO pledges big stock buy

    A growing number of companies, led by Walmart, are offering payroll advance loans to their workers; Christian Sewing said he will invest 15% of his net earnings in the German bank’s struggling shares.

    By George Yacik
    September 3
    Christian Sewing, chief executive officer of Deutsche Bank.
  • Morning scan
    UBS shuffles top management; Treasury issues Libor tax guidance

    The bank elevated three senior executives who could be possible successors to CEO Sergio Ermotti; the move to a new rate benchmark won’t trigger a “tax event.”

    By George Yacik
    August 30
    UBS CEO Sergio Ermotti
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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.