Month: March 2019

Banking News – Deutsche Bank executive seeks to cool merger fears
&nbspTransaction head Stefan Hoops says clients will not flee after a deal with Commerzbank
FT.com – Banks – https://www.ft.com/content/6cb51718-523a-11e9-9c76-bf4a0ce37d49

Banking News – Movers and shakers, April 1
&nbspThomas Wojcik becomes CFO of Linked Managers Group
Fiscal Times – Fiscal Air force – https://www.ft.com/content/ee80a93b-59ae-3dbb-9561-25678ccde3cc

Banking News – Hedge fund fee model morphs from ‘two and 20’ to ‘one or 30’
&nbspChart of the week: investors drive harder bargains after years of disappointing routine
Fiscal Times – Fiscal Air force – https://www.ft.com/content/7e4e2cdc-8c2a-34d4-a7e2-60c9db9e2a2d

Banking News – Lenders without border walls
&nbspSome fintechs have figured out how to provide global students and immigrants with credit cards and loans. Machine culture makes the underwriting doable.
Union Banking – http://www.americanbanker.com/news/lenders-without-border-walls

Banking News – Post-crisis organizers find a whole new de novo ballgame
&nbspWhile regulators now seem keen to help, organizers are learning that they must raise more capital and have diverse affair models to get charters ordinary.
Union Banking – http://www.americanbanker.com/news/post-crisis-organizers-find-a-whole-new-de-novo-ballgame

Banking News – Swedbank in war of words with prosecutors after raid
&nbspSwedish lender accused of refusing to hand over report on money laundering
FT.com – Banks – https://www.ft.com/content/c01c59c2-5396-11e9-91f9-b6515a54c5b1

Banking News – Citigroup’s consumer rift on course to miss 2020 targets
&nbspUS bank unit’s faltering results a cause for concern both within group and for its investors
FT.com – Banks – https://www.ft.com/content/10928284-4f08-11e9-b401-8d9ef1626294

Banking News – The advisory tale of London Capital & Finance
&nbspAuditors should focus on legal duties, engage with data and tell public what it means
Fiscal Times – Fiscal Air force – https://www.ft.com/content/4256bb14-5241-11e9-9c76-bf4a0ce37d49

Banking News – No-deal Brexit plans cause sales headaches for asset managers
&nbspEnd of passporting could jeopardise groups’ ‘glide-in, glide-out’ deal with
Fiscal Times – Fiscal Air force – https://www.ft.com/content/6f58a8c4-d087-3064-84d1-77b9aae852fc

Banking News – Fund sector’s trillion-dollar club tickles Dimensional’s fancy
&nbspCEO Gerard O’Reilly was lured to the company because of its four Nobel winners
Fiscal Times – Fiscal Air force – https://www.ft.com/content/398d1cb7-447f-3055-992f-699080ca6059

Banking News – John Mack, Mary Meeker leaving LendingClub board
&nbspThe San Francisco-based online lender said that the departures of two prominent board members are not the result of any disagreement with the company.
Union Banking – http://www.americanbanker.com/news/john-mack-mary-meeker-leaving-lendingclub-board

Banking News – John Mack, Mary Meeker leaving LendingClub board
&nbspThe San Francisco-based online lender said that the departures of two prominent board members are not the result of any disagreement with the company.
Union Banking – http://www.americanbanker.com/news/john-mack-mary-meeker-leaving-lendingclub-board

Banking News – John Mack, Mary Meeker leaving LendingClub board
&nbspThe San Francisco-based online lender said that the departures of two prominent board members are not the result of any disagreement with the company.
Union Banking – http://www.americanbanker.com/news/john-mack-mary-meeker-leaving-lendingclub-board

Banking News – With lawyer as interim CEO, Wells Fargo looks to mend fences with regulators
&nbspThe bank’s declaration to select its general counsel as successor to Tim Sloan, albeit on a fleeting basis, focused concentration on its frayed relationships with the Federal Reserve and the OCC.
Union Banking – http://www.americanbanker.com/news/with-lawyer-as-interim-ceo-wells-fargo-looks-to-mend-fences-with-regulators

Banking News – With lawyer as interim CEO, Wells Fargo looks to mend fences with regulators
&nbspThe bank’s declaration to select its general counsel as successor to Tim Sloan, albeit on a fleeting basis, focused concentration on its frayed relationships with the Federal Reserve and the OCC.
Union Banking – http://www.americanbanker.com/news/with-lawyer-as-interim-ceo-wells-fargo-looks-to-mend-fences-with-regulators

Banking News – With lawyer as interim CEO, Wells Fargo looks to mend fences with regulators
&nbspThe bank’s declaration to select its general counsel as successor to Tim Sloan, albeit on a fleeting basis, focused concentration on its frayed relationships with the Federal Reserve and the OCC.
Union Banking – http://www.americanbanker.com/news/with-lawyer-as-interim-ceo-wells-fargo-looks-to-mend-fences-with-regulators

Banking News – FDIC issues reg relief proposals tied to custodial funds, deposit records
&nbspThe board of the Federal Deposit Indemnity Corp. on Friday made several proposals meant to simplify post-crisis rules, prompting challenger from its most recent former chairman.
Union Banking – http://www.americanbanker.com/news/fdic-issues-reg-relief-proposals-tied-to-custodial-funds-deposit-records

Banking News – FDIC issues reg relief proposals tied to custodial funds, deposit records
&nbspThe board of the Federal Deposit Indemnity Corp. on Friday made several proposals meant to simplify post-crisis rules, prompting challenger from its most recent former chairman.
Union Banking – http://www.americanbanker.com/news/fdic-issues-reg-relief-proposals-tied-to-custodial-funds-deposit-records

Banking News – FDIC issues reg relief proposals tied to custodial funds, deposit records
&nbspThe board of the Federal Deposit Indemnity Corp. on Friday made several proposals meant to simplify post-crisis rules, prompting challenger from its most recent former chairman.
Union Banking – http://www.americanbanker.com/news/fdic-issues-reg-relief-proposals-tied-to-custodial-funds-deposit-records

Banking News – Sloan should not be the last Wells Fargo executive to leave: Waters
&nbspThe chairwoman of the House Fiscal Air force Group said Tim Sloan’s resignation as CEO was “long overdue,” but that other executives and directors should be removed as well.
Union Banking – http://www.americanbanker.com/news/sloan-should-not-be-the-last-wells-fargo-executive-to-leave-waters