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BANKING NEWSLETTER
BANKING IN TURMOIL DAILY DIVE: March 29, 2023 | Today’s news and insights for banking industry leaders Original article: Peter Burgess COMMENTARY Peter Burgess | ||
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DAILY DIVE: March 29, 2023 | Today’s news and insights for banking industry leaders
Banking Dive March 29, 2023 ... 1:25 PM Banking Dive March 29 - UBS rehires its ex-CEO | Dimon to face lawyers in Epstein case Branches are changing with the times Learn new ideas and insights to evolve and improve the branch experience in this BAI Executive Report. Download now. UBS rehires Ermotti as CEO to guide Credit Suisse tie-up UBS CEO Ralph Hamers has agreed to step down effective April 5, the bank said. Ermotti will likely be asked to make deep investment-banking cuts — a feat he executed in his previous UBS stint. JPMorgan CEO Jamie Dimon to be deposed in Epstein case The under-oath interview is expected in early May, a source told Reuters. Lawyers for the bank argued it should take place after the deposition of JPMorgan's ex-private-banking chief, Jes Staley. FDIC tells Signet users to close accounts, so it can sell the platform Roughly $4 billion in crypto loans were not included in Flagstar's Signature acquisition. The regulator is asking depositors to move that money by April 5. BM Technologies taps Raymond James vet as co-CEO The fintech appointed Raj Singh, previously an adviser to the company, to strengthen its management team and position itself for the “next phase of growth,” BM Technologies said Monday. Barr, Gruenberg face Senate panel over SVB, Signature failures “It is not the job of [Fed] supervisors to fix the issues identified,” Barr said Tuesday. “It is the job of the bank's senior management and board of directors to fix its problems.” First Citizens acquisition could leave SVB parent’s $1.9B in limbo Now that a buyer has come forward, it’s not clear what will happen with FDIC-blocked money that SVB Financial has on deposit at the failed bank. How Financial Institutions Can Decrease Errors & Fraud For today’s financial institutions, reducing risk is critical. Learn how multifunction teller devices can help decrease errors and fraud while creating positive customer experiences in this webinar. Learn More FROM OUR LIBRARY PLAYBOOK How Banks are Better Navigating Industry Changes Custom content for ServiceNow WEBINAR - ON DEMAND How to Deliver Cost Savings While Improving Service in the Banking World Custom content for Nexthink WEBINAR - ON DEMAND How to Decrease Errors & Fraud in Financial Institutions Custom content for Epson TRENDLINE The marketing transition to media platforms Supported by LiveRamp PLAYBOOK Delivering on the Promise of Digital Customer Service WHAT WE’RE READING FINANCIAL TIMES ‘Hard to fluster’ adviser lands central role in US bank mess clean-up AMERICAN BANKER CFPB’s Chopra: Regulators need to assess risks in faster communications CNBC ... Credit Suisse has been helping wealthy Americans dodge U.S. taxes for years, whistleblowers say THE WALL STREET JOURNAL First Republic Bank Founder Earned a Big Pay — as Did His Family Members #24367 BLOOMBERG Credit Suisse’s Klein Loses the Deal of His Life as Plans for First Boston Collapse COMPANY ANNOUNCEMENTS ... Press releases from companies in your industry. Elevate Your Equity Game: Equitybee's Latest Launch is a Game Changer for Startup Employees Share your link: https://www.bankingdive.com/signup/insiders/?signup_referred_by=5632814718ff43c505963580 MORE THAN A NEWSLETTER Related Publications CFO Dive | Payments Dive Connect With Us Twitter | Facebook | LinkedIn Editorial Contact an editor | Meet the team Advertising Contact our team About Banking Dive Banking Dive provides in-depth journalism and insight into the news and trends shaping banking. The newsletter and website cover topics such as commercial banking, retail banking, credit unions, and more. Banking Dive is a leading publication operated by Industry Dive. Our business journalists spark ideas and shape agendas for 14 million decision makers in competitive industries.
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