Banking News

Are you interested in banking news? Maybe you work in the industry, have a connection to the sector, or have a financial interest through investments. Whatever your interest the Wiser daily banking news email is for you. The financial crisis of the late 2000s proved how much of an influence the banking sector has throughout society. Every person, company and institution was impacted to a greater or lesser degree, from large multi-national corporations, to hard working American homeowners, to community organizations. Even after the financial crises the assets of the five biggest banks combined are worth more than 50 percent of the US economy. Those big five banks - JPMorgan Chase, Bank of America, Wells Fargo, Citigroup and US Bancorp - control $15.2 trillion in assets. The industry continues to consolidate so how will it look in another 10 years as regulators impose new rules? How will technology, the growth of India and China, and a changing US economy affect the sector? You will find the answers to these questions and more by staying informed of the latest banking news. And the best way to find information, news and developments about banking is through the tailored Wiser daily email.

Recent Banking News Coverage
 
Your Weekly Recommendations Sunday, June 25, 2017
 
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Julian Birkinshaw's Fast/Forward: How Agile Builds Action-Oriented Firms
Forbes • Contributor, Steve Denning
Consumer Appetite Will Dictate Level Of Disruption In Europe's Banking Industry
Forbes • Contributor, Dina Medland
News Flash: Your High Yield ETF Is Trading Like A Derivative
Seeking Alpha • The Heisenberg
Italian government decree for Veneto banks delayed to Sunday: source
Reuters
Can Gold Fly In The Week Ahead?
Seeking Alpha • Viking Analytics
Italy Winds Down Two Veneto Banks - Depositors Protected Says PM
Forbes • Contributor, Tim Worstall
China's top banking regulator tells banks to push forward with reform
CNBC
Ambit Capital remains negative on pricey housing finance cos
The Economic Times of India • E.T. Bureau
European Central Bank Orders Two Italian Lenders Closed
The Wall Street Journal • Tom Fairless
A.T.F. Agents Violated Rules With Off-the-Books Account, Memo Indicates
The New York Times • Matt Apuzzo
 
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Agile Software Development , Investment Banking
Julian Birkinshaw's Fast/Forward: How Agile Builds Action-Oriented Firms
ForbesContributor, Steve Denning
As macro-economists puzzle over why the economy continues to stagnate after almost a decade of extraordinary cheap money from the central bank, Julian Birkinshaw’s new book, Fast/Forward: Make Your Company Fit for the Future (Stanford Business Books, April 2017) has some useful...
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Banking, Credit Cards
Consumer Appetite Will Dictate Level Of Disruption In Europe's Banking Industry
ForbesContributor, Dina Medland
More people than ever before hate their banks, according to a CNBC report last month. Within financial services as an industry there has been little love lost on both sides of the Atlantic between banks and their customers since 2008 and the...
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Banking, Finance
News Flash: Your High Yield ETF Is Trading Like A Derivative
Seeking AlphaThe Heisenberg
Summary I penned a piece on Friday that was overlooked. This is an attempt to explain why it was meaningful for investors in HY ETFs. Amid the oil rout, it's especially important that the investors who own these vehicles understand what they're...
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Banking
Italian government decree for Veneto banks delayed to Sunday: source
Reuters
An Italian government decree that will start liquidation proceedings for two ailing Veneto-based lenders, Banca Popolare di Vicenza and Veneto Banca, is set to be delayed to Sunday, a government source said. A cabinet meeting to approve the decree had been due...
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Commercial Banking, Hedge Funds
Can Gold Fly In The Week Ahead?
Seeking AlphaViking Analytics
Summary We have upgraded gold in three different areas for the upcoming week. This week's COT report was very favorable for gold bulls and GLD investors. GLD found good support at $118 last week, and appears to be heading higher. Summary View...
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Bank Regulation, Banking
Italy Winds Down Two Veneto Banks - Depositors Protected Says PM
ForbesContributor, Tim Worstall
There is a problem with the manner which the European authorities insist failing banks must be closed down--a problem that Italy has just neatly sidestepped with its work on two Veneto area banks which were declared to be failing yesterday. The essential...
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Banking, Commercial Banking
China's top banking regulator tells banks to push forward with reform
CNBC
China's top banking regulator has told banks to reform by tackling China's "zombie firms", according to a statement posted on the regulator's website.
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Banking, Economic Policy
Ambit Capital remains negative on pricey housing finance cos
The Economic Times of IndiaE.T. Bureau
MUMBAI: Brokerage firm Ambit Capital on Friday reiterated its negative stance on shares of housing finance companies (HFCs)--HDFC and LIC HousingBSE -2.23 % Finance--citing sluggish earnings growth amidst increasing proportions of riskier loans.Shares of LIC Housing FinanceBSE -2.23 % fell 2.23% to...
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Bank Regulation, Banking
European Central Bank Orders Two Italian Lenders Closed
The Wall Street JournalTom Fairless
FRANKFURT—Troubled Italian lenders Veneto Banca and Banca Popolare di Vicenza will be wound down after the European Central Bank decided Friday they are likely to fail. The decision by the eurozone’s top banking supervisor indicates Italy is moving closer to addressing its...
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Banking, Politics & Policy
A.T.F. Agents Violated Rules With Off-the-Books Account, Memo Indicates
The New York TimesMatt Apuzzo
WASHINGTON — Agents from the Bureau of Alcohol, Tobacco and Firearms were running a multimillion-dollar, off-the-books bank account in Virginia to fund undercover operations at a time when the bureau had imposed strict rules about the use of such accounts. In an...
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