Banking News

• Russian Bankers Seek Deposition Of Steele Dossier Source Igor Danchenko
  
  Russian Bankers Seek Deposition Of Steele Dossier Source Igor Danchenko
  Daily Caller.  Sunday, 25 Oct 2020.
• Banks stockpile cash for bumper bonuses: Barclays boosts payout
  
  Documents show Barclays has boosted this year's bonus pool for bankers by 9 per cent. And American investment banks with thousands of British-based staff also appear to be preparing for big payouts.
  Daily Mail.  Sunday, 25 Oct 2020.
• Exclusive: U.K.-Listed Mode Now Holds $1 Million Of Bitcoin
  
  Mode, a London Stock Exchange-listed company that brands itself as a bitcoin banking app, has revealed it now holds around $1 million worth of ...
  Forbes.  Saturday, 24 Oct 2020.
• Trump, Biden banking on job recovery plans to win election bid
  
  As the United States hits the home stretch toward Election Day, the biggest hot-button issue among voters is jobs and the economy. ...
  Fox News.  Friday, 23 Oct 2020.
• Analysts Estimate Columbia Banking (COLB) to Report a Decline in Earnings: What to Look Out for
  
  Columbia Banking (COLB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
  Zacks.  Thursday, 22 Oct 2020.
• Cullen/Frost Bankers (CFR) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release
  
  Cullen/Frost (CFR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
  Zacks.  Thursday, 22 Oct 2020.
• Goldman set to plead guilty in Malaysia fraud
  
  Goldman bankers were accused of helping Jho Low (pictured with actor Leonardo DiCaprio), a Malaysian financier, to funnel billions of dollars out of Malaysia's 1MDB fund.
  Daily Mail.  Wednesday, 21 Oct 2020.
• Mortgage purchases forecasted to set a record in 2021
  
  The Mortgage Bankers Association on Wednesday predicted that purchase origination volume would grow 8.5 percent year over year to a new record of $1.54 trillion in 2021.
  Inman.  Wednesday, 21 Oct 2020.
• U.S. investment bankers' new pitch: Biden's tax hike
  
  Biden has proposed raising the capital gains tax rate from 20% to 39.6% for those making over $1 million. ...
  Yahoo.  Wednesday, 21 Oct 2020.
• Want to grow your wealth? Use this secret multimillionaire strategy
  
  In this week's episode, Chris Naugle, author and money expert, breaks down how infinite banking works and other important concepts for agents looking to grow their net worth.
  Inman.  Wednesday, 21 Oct 2020.
• Two weeks until Election Day, Democrats have a big lead in early voting
  
  Results are closer in some battleground states, and state Republicans are banking on bigger turnout on Election Day.
  Yahoo.  Tuesday, 20 Oct 2020.
• Improving Customer Experience Expands From Retail To Corporate Banking
  
  Banks are emphasizing the importance of technology transformation to bring their back office up to the speed their front offices require.
  Forbes.  Monday, 19 Oct 2020.
• Op-ed: Climate change threatens U.S. banks far more than they're disclosing
  
  The U.S. banking sector, including the largest Wall Street firms, is far more vulnerable to the impacts of climate change than banks are letting on, according to new research.
  CNBC.  Monday, 19 Oct 2020.
• Fed's Quarles sees need for more reforms to short-term funding markets
  
  Short-term funding markets seized up during the early days of the coronavirus pandemic, demonstrating that more reform is needed, the Federal Reserve's chief banking overseer said Thursday.
  CNBC.  Thursday, 15 Oct 2020.
• Alistair Wilson murder: Son recalls Nairn banker shooting
  
  Andrew Wilson was just four when he saw his father lying on the ground moments after being shot.
  BBC News.  Monday, 12 Oct 2020.

Banks News Headlines and News Summaries