Highlight of the Week
Wells Fargo finally fills CEO seat
- BNY Mellon chairman to takeover ending six-month search
- Wells Fargo has struggled to right itself since a fake-account scandal erupted 3 years ago
Rate Curves
Rapid Report:
Pelosi’s impeachment inquiry ramps up
- Whistleblower complaint accused Trump of having “used the power of his office” to solicit foreign interference to discredit Biden, the democratic 2020 frontrunner
- Trump whistleblower’s lawyers have ‘serious concerns’ for client’s safety
- Although details and political response remain unsettled, impeachment proceedings are likely to at least impact and delay US-China trade talks
Did Apple slight Goldman Sachs?
- Goldman reportedly spent $300m developing the Apple Card – then Apple boasted that it was ‘created by Apple, not a bank’
- Goldman had conceded to Apple’s preference for no late fees and simplified monthly statements, and it agreed to use its signature font and not sell customer data
Playoff baseball in the ATL
Braves to host Cardinals Thursday & Friday for Games 1 & 2 of NLDS
