Good morning and welcome to Insider Finance. I'm Dan DeFrancesco, and here's what's on the agenda today: If you're not yet a subscriber, you can sign up here to get your daily dose of the stories dominating banking, business, and big deals. Like the newsletter? Hate the newsletter? Feel free to drop me a line at ddefrancesco@businessinsider.com or on Twitter @DanDeFrancesco. More than 20 of the bank's top mortgage lenders have left in the past year, while four members of the elite President's Club have left since December. Insiders described a culture of heavy oversight and clunky technology that limited their ability to do business. Why Wells Fargo is bleeding talent. The CFTC's whistleblower program could go bust thanks to a high-dollar payout. Here's why a $100 million payout to a former Deutsche Bank executive could put it in jeopardy. Despite the SEC's proposed new regulations on special-purpose acquisition companies, hedge-fund managers say the rule changes won't affect their outlook on the blank-check vehicles. Here's why. |
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