The Latest

  • Financial data analysis showing upward trends and fluctuations in stock market performance over time
    Image attribution tooltip
    IURII KRASILNIKOV via Getty Images
    Image attribution tooltip

    Analysts press bank CFOs on revenue resilience over tech investments

    In an analysis of publicly traded bank earnings calls in January, PwC discovered that about a third of questions pertained to “quality and resilience of revenue growth,” while 15% centered on AI investment and execution.

  • A sign reads "Wells Fargo" outside of a Wells bank branch.
    Image attribution tooltip
    Michael M. Santiago / Staff via Getty Images
    Image attribution tooltip

    Anti-union push grows at Wells Fargo

    The length of time it’s taking the bank and union representatives to negotiate a contract is “likely a factor” in the decertification efforts, a union-involved employee said.

  • A sign reads "New York Community Bank" and "A division of Flagstar Bank, N.A., Member FDIC"
    Image attribution tooltip
    Spencer Platt / Staff via Getty Images
    Image attribution tooltip

    Flagstar ex-CEO DiNello to step down from board

    The executive, who ran New York Community Bank just ahead of its rescue, will not stand for reelection when his term ends in June.

  • Four people walk by a TD bank branch location
    Image attribution tooltip
    Joe Raedle / Staff via Getty Images
    Image attribution tooltip

    Bank customers, while embracing AI, call for human customer support

    Consumer comfort with AI tools has reached an "inflection point," TD Bank's Ted Paris said, but they still want human agents to keep an eye on AI recommendations.

  • U.S. Bank
    Image attribution tooltip
    Permission granted by U.S. Bank
    Image attribution tooltip

    U.S. Bank, Mastercard tapped for Amazon cards

    The retailer has chosen the Minneapolis-based bank for two new credit cards aimed at small-business owners.

  • Visa Mastercard retail merchants card fees interchange swipe fees litigation
    Image attribution tooltip
    Getty Images
    Image attribution tooltip
    Column

    Visa’s stablecoin ally falls for Mastercard

    Stablecoin startup BVNK crowed about an investment from the largest U.S. card network last year, but now it’s being acquired by a rival.

  • Front view of the Bank of America Tower in Charlotte, North Carolina on June 18, 2022.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Bank of America to pay $72.5M to settle Epstein-related lawsuit

    The lender did not admit any wrongdoing as part of the settlement, which is pending approval by U.S. District Court Judge Jed Rakoff.

  • A brick US Bank branch captured at dusk with illuminated signage and lights around the building. The parking lot in front is empty, and there’s a blue USPS mailbox near the entrance.
    Image attribution tooltip
    Alamy
    Image attribution tooltip

    U.S. Bank names next COO

    Toby Clements, who will succeed the retiring Souheil Badran, “is a strong, engaging leader who has a clear desire to serve our clients and run our business effectively,” said the Minneapolis-based lender’s CEO, Gunjan Kedia.

  • buildings in Bethesda, Maryland
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    EagleBank disavows activist investor’s board nominees

    The embattled Maryland lender did not include the proposed nominees in a notice to shareholders – and won’t unless Diligence Capital Management gets a court order, it said.

  • The exterior of a Citizens Bank is pictured.
    Image attribution tooltip
    Kate Tornone/Banking Dive
    Image attribution tooltip

    Citizens’ Coughlin talks ‘overwhelming’ pace of AI change

    As the lender uses AI to reshape operations through its Reimagine the Bank program, “the nimbleness around it has been pretty intense,” President Brendan Coughlin said.

  • Shot of Morgan Stanley logo
    Image attribution tooltip
    Mario Tama via Getty Images
    Image attribution tooltip

    Morgan Stanley gets Fed green light to realign German unit

    Allowing an exception to current rules would level the competitive playing field, the bank said. Three Fed governors dissented, noting the move could pose a risk to the Deposit Insurance Fund.

  • FDIC Chairman Travis Hill looks off during a Senate Banking Committee meeting.
    Image attribution tooltip
    Anna Moneymaker via Getty Images
    Image attribution tooltip

    FDIC cuts could drain institutional knowledge: OIG

    The agency “must maintain a sustained focus on strategic workforce planning to ensure its continued effectiveness and mission fulfillment,” wrote the OIG.

  • A bank branch building features the "Bank of America" name and logo in front of sunny skies.
    Image attribution tooltip
    Brandon Bell / Staff via Getty Images
    Image attribution tooltip

    Bank of America’s wealth management firms roll out AI tool

    AI-Powered Meeting Journey leans on Salesforce CRM data to gather materials, summarize meetings and provide natural language assistance to financial advisers.

  • FTC Chairman Andrew Ferguson speaks to Congress
    Image attribution tooltip
    Kevin Dietsch via Getty Images
    Image attribution tooltip

    Visa, Mastercard, PayPal, Stripe warned of debanking consequences

    Any act to “deplatform customers or deny them access” on political or religious grounds “could lead to an ... investigation and potential enforcement action,” the Federal Trade Commission asserted.

  • Pedestrians pass by a Bank of America branch.
    Image attribution tooltip
    Spencer Platt via Getty Images
    Image attribution tooltip

    Bank of America courts business clients in market-share push

    To drive new client relationships in 50-some markets, BofA is hiring bankers and cultivating local connections, said Sharon Miller, the lender’s president of business banking.

  • Legal finance
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Former Kentucky bank manager charged with fraud, theft

    Reagan France made over 100 unauthorized withdrawals from customer accounts, court documents show. “She’s robbed our whole town,” one alleged victim told the local news.

  • The Office of the Comptroller of the Currency's seal hangs on a brick building.
    Image attribution tooltip
    Permission granted by Office of the Comptroller of the Currency
    Image attribution tooltip

    VALT Bank gets conditional OCC charter

    The bank must raise $25 million prior to opening and maintain a 9% tier 1 leverage ratio for its first three years thereafter.

  • A screen shows a designer's view of a bank customer's home page, with a tool suggesting a design replacement.
    Image attribution tooltip
    Permission granted by U.S. Bank
    Image attribution tooltip

    U.S. Bank arms designers with AI tool

    The tool, developed in-house, is bolstering efficiency and quality, the Minneapolis-based bank’s head of experience design said.

  • Minnesota
    Image attribution tooltip
    Stephen Maturen via Getty Images
    Image attribution tooltip

    Minnesota bank bolsters C-suite with Climate First alums

    B2 Bank, owned by fintech entrepreneur Brian Barnes, named a new CEO, president and credit chief – all from Florida’s Climate First Bank – as the lender pursues a national digital banking strategy.

  • A Federal Reserve logo sign is shown affixed to panes of glass on a building's exterior.
    Image attribution tooltip
    Andrew Harnik / Staff via Getty Images
    Image attribution tooltip

    Fed OIG flags gaps slowing bank application process

    The central bank’s watchdog said M&A application processing has slowed and data gaps are inhibiting the Fed’s aim to boost efficiency and timeliness. The Fed has already made some recommended changes.

  • buildings in Bethesda, Maryland
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Activist investor takes its EagleBank fight public

    Diligence Capital Management has pushed the embattled lender to develop a performance improvement plan and replace three board members. Progress stalled after the bank’s CEO stepped down, the investor said.

  • Jimmy Donaldson, aka MrBeast, is shown standing in front of text that reads "Beast Games" and "Strong / smart."
    Image attribution tooltip
    Phillip Faraone / Stringer via Getty Images
    Image attribution tooltip

    Warren scrutinizes MrBeast’s plans for fintech Step

    Beast Industries is “ill prepared” to run a fintech, the senator told its founder and CEO before pelting the two with questions about their intentions.

  • A pedestrian enters Salesforce Tower on Feb. 25, 2026 in San Francisco.
    Image attribution tooltip
    Benjamin Fanjoy / Stringer via Getty Images
    Image attribution tooltip

    AI in banking ‘not a silver bullet’: analyst

    Lenders are clamoring to realize the benefits of AI, but it's “a long, expensive and risk-constrained transformation,” Wells Fargo’s Mike Mayo said.

  • The Goldman Sachs logo is seen on at the New York Stock Exchange on September 13, 2022 in New York City.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Goldman’s second-in-command made more than Jamie Dimon in 2025

    Goldman Sachs paid its president, John Waldron, $45 million for last year. That’s more than (or equal to) all but one U.S. big-bank CEO: his boss.

  • SEC no-action requests on 2024 shareholder proxy vote proposals
    Image attribution tooltip
    Chip Somodevilla via Getty Images
    Image attribution tooltip

    Lake Shore Bank staves off proxy war

    The $727.3 million-asset lender agreed to put Dennis Pollack, a longtime bank industry executive and director, on its board at the behest of activist investor Stilwell.