"We actually see a little bit more strength in the nonprime [consumer]," CFO Brian Wenzel told American Banker.
Several weighty issues remain on the agenda for policymakers over the next few months, including everything from living wills to regulatory relief to a long-lost compensation rule.
-
A Lloyds Bank study finds that the number of crytpo scams rose by 23% year-over-year in October. Separately, the Commonwealth Bank of Australia is using artificial intelligence to detect abusive language in transaction messaging.
-
With employees regularly fleeing to bomb shelters — and some being called away to military service — these technologists must still serve a global clientele while confronting fear and destruction at home.
-
As more corporations call employees back to the office, payments technology firms like Wise are balancing the need for in-person collaboration with meeting workers' flexibility needs.
A near-collapse of the global software vulnerability database exposed critical weaknesses that could leave banks unable to track cyber threats.
-
Financial advisers who clearly disclose how they are paid say they are finding more credibility among crisis-tinged consumers.
-
American International Group Inc., the giant insurer selling assets to repay its federal bailout funds, reported its first profit in three quarters on gains from the divestitures.
-
State Street Global Advisors introduced the SPDR S&P Emerging Markets Dividend ETF and the SPDR Barclays Capital Emerging Markets Local Bond ETF on Thursday.
-
As the government shutdown enters its third week, mortgage servicers are activating the response plans they normally use during hurricanes and wildfires to assist federal workers who may have trouble paying their mortgages.
-
Third-quarter results from the Michigan Credit Union League show hundreds of members are joining CUs in the Great Lakes State each day.
-
Borrowers and financial institutions may be feeling the strain from reduced operations at the FHA and IRS, which has suspended the release of certain income documentation during the budget impasse.
JPMorgan Chase and Wells Fargo said the battle for deposits isn't over — a reality denting their ability to earn more interest income. Regional banks will likely report similar pains next week.
Federal Reserve Gov. Michelle Bowman is widely seen as the president's most likely choice for vice chair for supervision, a position soon to be vacated by Michael Barr. But while Bowman is the administration's most straightforward option, it's not the only one being considered.
-
The Consumer Financial Protection Bureau's inquiry into buy into the installment products should make sure fintechs abide by the same underwriting requirements as banks in this growing market.
-
Consumers and their credit scores could be put at considerable risk unless regulators establish meaningful safeguards.
-
The question is unfair to people who have never been found guilty or have been accused of minor offenses. It’s especially unfair to minority applicants.
-
Castilla has grown her small Oklahoma bank by focusing on low-cost deposit-gathering, with both a classic community-banking strategy and a digital bank aimed at military members and veterans like herself.
-
Last year, Dmuchowski led efforts to reposition First Horizon's balance sheet, which is expected to increase net interest income by a projected $35 million in 2025.
-
Within the bank's tech, operations and services organization, Brady has minimized turnover and preserved institutional knowledge.
-
In 2024, as the Alabama-based bank was facing more competition on its Southeast home turf, Danella was laser-focused on customer satisfaction.
-
Heitsenrether has been leading the charge on deployment of advanced AI throughout the bank.
-
On Beer's radar: AI, quantum computing, concentration risk
- Daily BriefingDelivered Every WeekdayIdeas that impact your business delivered to your inbox every day.
- TechnologyWednesday, ThursdayThe latest industry developments from digital banking to cybersecurity to AI.
- PaymentsDelivered Every WeekdayAn early-morning roundup of important headlines from the past 24 hours.
- Best of the WeekFridayThe most important and widely read stories from the previous week.
Despite being in the industry for 25 years, Marcelli still wakes up in the middle of the night to jot down ideas.
Milrod, a champion of innovation, has strengthened State Street's position in the digital assets space, including securing three of the 11 Bitcoin and Ethereum ETFs launched this year.
The 23rd annual ranking of women leaders in the banking industry.




































































