UBS team with $480M in AUM hops to Wells Fargo
Wells Fargo Recruits UBS Team Managing $480 Million in Assets Wells Fargo has once again made a strategic recruiting move, this time attracting a team of three advisors from UBS who were previously overseeing nearly half a billion dollars in assets in northern Alabama. Jason Schrimsher, David “Andrew” Mann, and Miles Stumb officially joined Wells […]
Dive Deposits: Want a bigger raise? Don’t be a long-tenured bank CEO
Bank of America CEO Brian Moynihan’s $41 Million Payday in 2025 Bank of America recently disclosed that CEO Brian Moynihan is set to receive a $41 million compensation package for the year 2025. This news has brought attention to an interesting trend among the top U.S.-based global systemically important banks – the correlation between a […]
ECB analysts call for European supervision of asset managers
ECB Analysts Advocate for European-Level Supervision of Asset Managers According to a recent blog post, analysts from the European Central Bank (ECB) have proposed that Europe’s most significant asset management companies should be supervised at a European level. They argue that the most influential players in the sector, numbering between 10 and 15, have a […]
Notes from a year inside America’s expanding ecosystem of fraud
The Evolution of Fraud: A Tale from 2025 In 2025, fraud in the United States took on an entirely new dimension. This wasn’t just a series of isolated incidents but an ecosystem that was organized, adaptive and increasingly professionalized. This revelation was not the result of a single investigation but drawn from hundreds of observations […]
Citi also employed ex-JPMorgan banker’s Ina De’s sister as an MD until not so long ago
Exploring the Potential Move of Ina De to Citi Recently, the London financial market has been abuzz with speculations regarding the future plans of Ina De, the former vice chair of investment banking at JPMorgan. Questions have arisen about whether De has truly retired and if she will be making a move to Citi, with […]
Chicago Fed study points to AI tail risk for US banks
The Potential Impact of AI Investments on US Banks Recent research from the Federal Reserve Bank of Chicago suggests that US banks may be exposed to significant tail risks resulting from their investments in artificial intelligence (AI). This study, published recently, illustrates that in a tail risk event, issues in one AI-related industry could potentially […]
Product Operations Manager, Vice President – Consumer Banking
The Role and Responsibilities of a Product Operations Manager in Consumer Banking Deposits Amid the constantly evolving landscape of the banking industry, the role of a Product Operations Manager in Consumer Banking Deposits is pivotal. This position demands the ability to adapt swiftly to changing priorities and resources while making significant contributions to a dynamic […]
Industry Executive – Government Banking – Executive Director
Exploring the Role of a Government Banking Industry Executive Embarking on a career as a Government Banking Industry Executive can be a rewarding journey, providing the opportunity to lead, innovate, and create strategic partnerships within a specialized industry banking team. This executive position, offered by JPMorgan Chase, is tailored for individuals with a deep understanding […]
Philippines-based digital bank Maya seeks up to $1bn in US IPO
Maya, A Fintech Powerhouse in The Philippines, Eyes U.S. IPO Philippines-based fintech firm, Maya, is reportedly contemplating a public listing in the United States, a move that could potentially generate between $500 million to $1 billion, according to Bloomberg. Advisers are said to be working with Maya on a possible Initial Public Offering (IPO) that […]
Judge: ‘Blind-eye’ accusation sufficient in BofA’s Epstein case
Bank of America Faces Lawsuit Over Jeffrey Epstein’s Sex Trafficking A federal judge has ruled that claims of Bank of America’s “reckless disregard” of information related to Jeffrey Epstein’s sex trafficking have met the bar for an alleged victim’s lawsuit to move forward. The opinion and order detail U.S. District Court Judge Jed Rakoff’s Jan. […]