Weekender: Senators, bank CEOs spar on Capitol Hill over compensation, voting rights

Signup | Forward Weekender May​ 29,​ 2021 | A roundup of this week's most read stories

BROUGHT TO YOU BY — Quantum Metric The Enterprise Guide to Session Replay Everything you need to know about using session replay technology to improve the banking experience across web, mobile, native, and kiosk apps. Download the guide.   Senators, bank CEOs spar on Capitol Hill over compensation, voting rights Wednesday's hearing showcased how the country's banking sector has become a battleground for lawmakers to debate politically charged issues dividing Republicans and Democrats. HSBC sells 80 branches to Citizens Bank, 10 to Cathay in US retreat Europe's largest lender is closing 35 to 40 branches but repurposing 20 to 25 other locations as international wealth centers to serve its mostly Asia-based private-banking and wealth-management clients. Wells Fargo's marketing chief is leaving as bank retires that position The San Francisco-based lender is also losing its regulatory relations chief, a Wells Fargo spokesman confirmed this week. Sponsored Content by Fincann 8 changes the SAFE Banking Act actually makes for Cannabis banking The SAFE Banking Act is being watched closely by the banking world and the cannabis industry alike. What will this legislation realistically do to help this rapidly growing industry access the financial system? Morgan Stanley, ex-chief diversity officer end discrimination case The bank, which called Marilyn Booker's allegations "sweeping, sensationalized and conclusory," had sought in March to have the case dismissed. Oral arguments had been set for November. Iowa credit union proposes buying Illinois, Nebraska banks GreenState Credit Union's deals to buy Oxford Bank & Trust and Premier Bank would represent the third and fourth bank takeovers by a credit union this year. The transactions are expected to close by the fourth quarter. Warren: Financial system would be 'safer' with Quarles out at Fed A testy exchange between the senator and the central bank's vice chair of supervision hinged on the Fed's reclassification of Credit Suisse before the Archegos collapse. Featured Resources FROM: Infobip Build Meaningful Customer Relationships For Your Bank (Guide) Omnichannel Marketing Automation (Report) Better Banking Through Better Communications (e-Book) Ultimate Guide on Messaging From Our Library Playbook Transform Bank Operations and the Customer Journey ServiceNow Playbook How to Align Your Workforce with Real-World Cybersecurity Risks CyberVista Webinar - on demand Mobile Payments as an Enabler of Access for Brands and Consumers Docomo Playbook How to Unlock Growth at Financial Firms with Unified Analytics Neustar Playbook How Financial Services Companies Are Transforming in a Digital World Alithya View all resources Best of What We're Reading American Banker What's holding up the confirmation of the next CFPB chief CNBC Goldman Sachs, Credit Suisse using free food to lure workers back Fortune Payments startup Adyen gets Fed banking approval, clearing path to expand U.S. services Bloomberg Julius Baer to Pay $80 Million to End FIFA Laundering Probe Financial Times Opinion: Behind every racy fintech, a sensible German saver Bloomberg Law Credit Union's 'Not a Bank. Better.' Mark Invalidated by Judge Suggest a story we should read Upcoming Event Mobile Predictions in 2021: Mastering Consumer Behaviors June 8, 2021 - June 8, 2021 | Webinar 2pm ET Dive Into a Topic Commercial Retail Credit Unions Payments Regulations & Policy Technology Risk Share Banking Dive: Daily Dive with others and get rewarded. You've referred 0 readers. To become an official Dive Insider, just successfully refer 10 contacts to Banking Dive: Daily Dive. Here's your link to share: https://www.bankingdive.com/signup/insiders/?signup_referred_by=5f93078d7aa51972095c9316

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