Goldman Sachs weighs CEO succession as COO John Waldron is seen as next chief
The closely watched question of when David Solomon hands over the top job has Wall Street focused on Waldron, a long-time internal successor.
People Matters · +6 outlets
Citigroup plans roughly $3 billion Banamex IPO in Mexico for January
A Banamex listing would mark a milestone in Citigroup's long-running effort to separate and monetize its Mexican retail bank.
Yahoo Finance · +7 outlets
Valley National Bank to acquire fintech Bluevine for $340 million
The deal would bring Valley about $2.1 billion in deposits and bolster its small business banking push.
Bankingdive · +14 outlets
Jefferies posts record investment banking results, ratcheting up expectations for big Wall Street banks
Strong advisory and underwriting at Jefferies sets a high bar for larger peers heading into their own quarterly reports.
The Daily Upside
Analysts brace for Wells Fargo Q3 earnings with fresh forecast changes
Wells Fargo draws a wave of analyst updates and HSBC coverage ahead of its third quarter print, with NIM outlook in focus.
Benzinga · +5 outlets
California's Nano Banc fails, Sunwest Bank to acquire most assets
Nano becomes the sixth US bank collapse of 2026, with Sunwest taking on most deposits, assets and loans.
Bankingdive · +13 outlets
FDIC hits Old Glory Bank with prompt corrective action over thin capital
Regulators flagged the bank as significantly undercapitalized after its leverage ratio fell to 2.69%.
Bankingdive
Wells Fargo and peers face a new AI threat from Meta, analysts say
Meta's push into payments and AI-driven financial services is being framed as a competitive risk for incumbent banks.
Barchart.com · +4 outlets
Apollo's Torsten Slok warns AI agents could drain cheap bank deposits
The chief economist argues automated agents could speed deposit migration and pressure bank funding costs.
briefs.co · +14 outlets
Prosecutors seize bank accounts of Montana firm linked to Tether
The seizure adds to scrutiny of crypto-linked payment channels used by US firms.
Insurance Journal · +12 outlets
Circle CFO Jeremy Fox-Geen to step down after $1.05 billion IPO
The stablecoin issuer's top finance officer departs after five years, following its long-awaited public listing.
Bankingdive · +5 outlets
Mission Lane wins conditional OCC approval for credit card bank charter
It would be the first new credit card bank regulated by the OCC in more than twenty years.
Bankingdive · +4 outlets
Quant token surges over 300% after US and UK bank tokenized deposit deals
Reports link the rally to tokenized deposit initiatives involving JPMorgan, Citi and Barclays, highlighting bank interest in blockchain settlement.
Binance · +8 outlets
Morgan Stanley expands in Dallas as Wall Street weighs New York taxes
Dallas's mayor confirmed the expansion amid a broader discussion of financial firms moving jobs out of New York.
New York Post · +10 outlets
US authorities seize millions in Capstone fraud probe
Regulators recovered funds tied to an alleged fraud scheme under investigation.
Sharecafe · +5 outlets
Burford due to collect $1.4 billion from Apple patent verdict
The litigation funder stands to book one of its largest recoveries from the long-running patent case.
Bloomberg Law News · +13 outlets
Goldman generated over $200 million in lending fees from Situational Awareness this year
The fee haul underscores how large financing relationships with AI-linked firms are boosting bank revenue.
Disruption Banking
Fidelis Partnership files for NYSE listing, prospectus leans on Pelagos
The specialty insurer's IPO documents reveal how much of its outlook depends on its Pelagos reinsurance vehicle.
Insurance Business · +1 outlets