Involvement in Hong Kong secondary listing of CATL raises reputational risks for Wall Street groups
US regulator CFPB accuses big banks of failing to protect customers using Zelle
Digital-only bank makes first foray into lending after amassing more than £20bn in deposits
Wall Street bank sues UK construction company in High Court for ‘extensive losses’ on east London storage unit
Globally, actively managed ETFs have captured a quarter of flows
Manager also launches JEPQ, another active US equity income ETF hugely successful in US
Banks plan staggered shifts and downtown hotel rooms for suburb dwellers to staff floors around tight race outcome
TL;DR: no one know what’s happening in the oil market
Deal linked to promise of river conservation is latest example of increasingly popular ‘debt for nature swaps’
Tech, regulation and customer inertia have changed the rules
Fixed-income ETFs see record inflows as investors seek steady returns and hedge against a stock sell-off
JPMorgan and Wells Fargo beat forecasts as consumers prove more resilient than feared
Loan growth has been sluggish as higher interest rates have deterred borrowers
Banks unwittingly handled transactions for companies in Africa controlled by deceased Russian warlord
Lenders charged more for loans but kept interest payments to savers down, FT analysis finds
Appointment comes as industry’s working conditions come under fresh scrutiny
Discussions come as Wall Street Bank scales back its consumer ambitions, including vaunted partnership with iPhone maker
Opposition politicians riled by top government officials caught unaware of talks with Italian lender
Banking giants expect low or falling third-quarter growth
Fed vice-chair says he learnt ‘lesson of humility’ when he had to revise capital requirements plan
Largest US bank says analyst consensus on profits from lending is ‘not very reasonable’
A look at some pesky rebalancing flows
Succession planning at JPMorgan Chase offers lessons for executives hoping to land the top job
Plus, how hedge funds are fighting back against proposed SEC rules and Mars reaches a deal to buy snacks maker Kellanova
Exits of protégés have raised questions about Daniel Pinto’s future and the bank’s succession plans