The Latest

  • AI chat bot, Programmer using generative artificial intelligence for software development inside office.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Sunwest Bank moves on AI in search of efficiencies

    Ben Xiang, the bank’s chief technology and strategy officer, plans to use AI to automate workflows and add intelligence capabilities to extract value.

  • 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

    Inside the explosion of banking charter applications

    Pent-up demand led to at least 18 applications being filed with the OCC last year. And that influx could continue in 2026, as two applications have been submitted to the agency in recent weeks.

  • supreme court sunrise
    Image attribution tooltip
    Stock via Getty Images
    Image attribution tooltip

    Supreme Court approaches Cook case with skepticism

    Liberal and conservative justices pressed lawyers on the cause and notice in President Donald Trump’s attempted firing of the Fed governor – and the consequence of setting a new precedent.

  • JPMorgan Chase CEO Jamie Dimon sits in a blue velvet chair on a stage with a dark background behind him.
    Image attribution tooltip
    Alexander Tamargo / Stringer via Getty Images
    Image attribution tooltip

    Dimon: AI’s effect on labor market ‘may go too fast for society’

    The JPMorgan CEO expects AI will result in the bank employing fewer people in five years, even as the company grows globally.

  • PNC CEO Bill Demchak holds his hands to his face while looking downward.
    Image attribution tooltip
    Drew Angerer / Staff via Getty Images
    Image attribution tooltip

    ‘We’re coming’ to ‘fight you,’ PNC’s Demchak warns banks

    “A regional bank that’s trying to protect its moat in a shrinking market, as the large banks and PNC come into their market, is a tough place to be,” CEO Bill Demchak said.

  • Wyoming stable token cryptocurrency state government
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Wyoming has big plans for stablecoin

    The first state-issued stable token is being deployed to reduce card interchange costs and simplify payments to vendors.

  • Low-angle view of a tall glass and steel skyscraper with a stepped Art Deco-style crown. A large red key is at the top of the building under a clear blue sky.
    Image attribution tooltip
    Alamy
    Image attribution tooltip

    KeyCorp names new lead independent director

    Two other board members will retire at the bank’s annual meeting. Activist investor HoldCo Asset Management sought board changes, among other demands, in a presentation last month.

  • An exterior view of the California state capitol building.
    Image attribution tooltip
    Arturo Holmes / Staff via Getty Images
    Image attribution tooltip

    Crypto lender Nexo fined $500K by California regulator

    Nexo issued loans without a state license and without considering borrowers’ ability to repay, the regulator said. A Nexo spokesperson said the “legacy issues” do not “reflect the company’s current operations.”

  • An exterior shot of a Fifth Third Bank location is shown
    Image attribution tooltip
    Courtesy of Fifth Third
    Image attribution tooltip

    Fifth Third CEO flags acquisition-related cuts

    A WARN notice Comerica filed this month indicates 184 jobs are being reduced at the Dallas-based bank’s Frisco, Texas, location.

  • President Donald Trump standing while aboard Air Force One.
    Image attribution tooltip
    Samuel Corum/Getty Images via Getty Images
    Image attribution tooltip

    Trump threatens to sue JPMorgan over debanking

    President Donald Trump accused the bank of “incorrectly” debanking him in connection with the Capitol riot, and pushed back against an anecdote JPMorgan CEO Jamie Dimon was offered the Fed chair post.

  • CFPB open banking banks fintechs fees
    Image attribution tooltip
    Andrey Popov via Getty Images
    Image attribution tooltip

    Big banks continue the hunt for AI-driven efficiencies

    Executives at BNY, Bank of America and others who reported Q4 2025 earnings discussed AI investments – and when they’re hoping to see them pay off.

  • A multi-story glass office building is shown with the Charlotte skyline in the background.
    Image attribution tooltip
    Permission granted by First Horizon
    Image attribution tooltip

    First Horizon calls out Raleigh as a market of interest

    The bank’s CFO said First Horizon isn’t interested in a large acquisition, but if a smaller bank with a handful of branches were to come for sale, “we’re going to run the math.”

  • A building bearing BNY Mellon logo against a clear blue sky
    Image attribution tooltip
    tupungato via Getty Images
    Image attribution tooltip

    Senator probes BNY for more Epstein info

    Sen. Ron Wyden asked the bank for details related to 18 $1 million wire transfers between accounts linked to late sex offender Jeffrey Epstein, as well as BNY’s KYC procedures and names of individual bankers.

  • Two blue ATMs are housed within a modern facade featuring the PNC logo above and are accessible from the sidewalk.
    Image attribution tooltip
    Alamy
    Image attribution tooltip

    PNC mandates 5-day RTO starting May 4

    Whispers about a return to full-time office work have been stirring at PNC since CEO Bill Demchak said in a December fireside chat that remote work “hurts” companies.

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

    BofA joins Citi, Wells in projecting lower headcounts this year

    Bank of America CEO Brian Moynihan expects his bank’s workforce to shrink as the lender leans into AI. Citi CEO Jane Fraser, meanwhile, said the “bar is raised” for working at the bank.

  • Three stacked wooden cubes on the right side of the frame read "M&A"
    Image attribution tooltip
    Getty Images
    Image attribution tooltip
    Deep Dive

    M&A in 2026 may put more distance between big, small banks

    Expect the acceleration in bank M&A to pick up further, especially in advance of this year’s midterm elections.

  • A group of six people poses for a photo in front of a colorful backdrop.
    Image attribution tooltip
    Permission granted by U.S. Bank
    Image attribution tooltip
    Q&A

    U.S. Bank exec: Customers will want a zero-friction bank partner on AI

    “The new bar for digital excellence is, what can we do for our customers, as opposed to having them do it themselves,” the super-regional’s innovation chief said.

  • A Fifth Third Bank sign shows "5/3" with the words "Fifth Third Center" and "Bank Branch" below.
    Image attribution tooltip
    Courtesy of Fifth Third Bank
    Image attribution tooltip

    Fed approves Fifth Third-Comerica deal

    The transaction is expected to close Feb. 1, Fifth Third said. The green light, 99 days after proposal, comes despite an intense campaign by Comerica investor HoldCo Asset Management.

  • Trees are seen in the foreground with lake and mountains in the background.
    Image attribution tooltip
    Lund, Ken. Retrieved from Flickr.
    Image attribution tooltip

    Coastal Financial buys ‘climate-friendly’ fintech GreenFi

    The Everett, Washington-based bank will take on responsibility for “governance, oversight and long-term brand stewardship,” arguably deepening a partnership in its BaaS stable.

  • an AI logo superimposed over an image of a man typing on a laptop
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Banks aim for agentic AI scale in 2026: report

    The technology is expected to grow beyond early deployments and reach broader adoption across financial services this year, according to Accenture.

  • A skyscraper with the name "U.S. Bank" atop it is shown.
    Image attribution tooltip
    Courtesy of U.S. Bank
    Image attribution tooltip

    U.S. Bank to buy BTIG for $1B to bolster capital-markets business

    BTIG has served as an equity capital markets referral partner for U.S. Bank since 2014. The two firms subsequently launched an M&A advisory referral program.

  • fintechs JP Morgan Chase open banking APIs
    Image attribution tooltip
    Joe Raedle via Getty Images
    Image attribution tooltip

    JPMorgan CFO: Card interest cap would ‘significantly change’ bank’s business

    The CFO of the largest U.S. lender didn’t rule out that the banking industry could take legal action if a credit card interest rate cap is imposed, as President Donald Trump has suggested.

  • regions cfo david turner is retiring and being replaced by anil chadha
    Image attribution tooltip
    Permission granted by Regions Financial Corp.
    Image attribution tooltip

    Regions insider named next CFO

    Anil Chadha, the Birmingham, Alabama-based bank's controller and head of corporate finance, will take the role after longtime CFO David Turner retires in March.

  • A bridge over a river with the Toledo cityscape in the background.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Ohio bank rebrands in ‘ambition play’

    Metamora State Bank, a three-branch, $98 million-asset lender, adopted a new moniker – Bank419 – that embraces the region’s area code rather than tying itself to one town.

  • DOJ, Federal Reserve, Powell, Fed building renovation
    Image attribution tooltip
    Retrieved from Federal Reserve.
    Image attribution tooltip

    Fed’s Powell resists DOJ probe

    At least two GOP senators and a dozen former Federal Reserve and Treasury officials are questioning the Trump administration’s investigation into the central bank chair’s testimony and construction projects.