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Tuesday Headlines: Fed moves to ease banks’ living wills
By Matt Stichnoth,
CNBC.com: Bank of America is raising its minimum wage for employees to $20 an hour
Yahoo Finance: Bank CEOs set for Capitol Hill grilling, tout ‘searing experience’ of financial crisis
Financial Times: Orders for first Saudi Aramco bond hit $85bn
Wall Street Journal: Fed Moves to Ease Living Wills, Allowing Large Banks to File Wind-Down Plans Less Frequently
Financial Times: Fed cuts red tape but toughens liquidity rules for foreign banks
Wall Street Journal: UBS Fired Senior Investment Banker for Allegedly Not Informing Superiors About Buyout-Loan Details
Wall Street Journal: Wells Fargo, Stuck in ‘Wait-and-See Mode,’ Struggles to Boost Its Businesses
Bloomberg: SocGen Cutting 1,600 Jobs in Blow to Investment Bank