Since joining Mizuho six years ago, Katz has had to contend with the COVID pandemic, a liquidity crisis, the regional banking meltdown and rising interest rates.
This year, bankers seemed to remember in a big way that first-class technology is critical to their competitiveness and relevance.
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From hidden fees to misleading marketing, small businesses face too many challenges when making and receiving cross-border payments.
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Central bank digital currencies may be years away in larger countries, but payment companies are building international networks now. Here's why.
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By partnering with processors Worldpay and Nuvei to use Circle's USDC for B2B transactions, the card network can demonstrate the utility of digital assets on a broad scale.
Research, insights and data on how banks and financial institutions are using AI can now be found in a new location on American Banker.
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Bank of America's private wealth management business U.S. Trust has capped its 2010 national wealth management team expansion with the addition of five new advisers.
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A survey by TD Ameritrade shows that independent registered investment advisers are worried about the time and money associated with pending regulatory changes.
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New investor appetite for mortgages over $1 million is motivating more nonbank lenders to offer super jumbo loans, often with weaker credit terms than traditional banks.
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The Michigan company had been operating under the supervisory agreement since 2010.
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The new policy, meant to assist borrowers in Puerto Rico and the U.S. Virgin Islands, will let servicers evaluate borrowers using pre-disaster payment information.
Brandon Milhorn, the new CEO of the Conference of State Banking Supervisors, used the platform offered by his first major speech to sound an alarm against one-size-fits-all solutions emanating from Washington. "The pendulum has swung too far in the direction of federal regulatory uniformity," Milhorn argued.
Proposals to streamline U.S. banking regulators have resurfaced with the Trump administration's focus on efficiency, but experts and history suggest such changes are unlikely amid political and industry resistance.
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While the eventual emergence from lockdown will help ease the pressure on overworked compliance departments, there is still an obvious need for tools that will make the anti-money laundering process simpler and stress-free, says SmartSearch's Martin Cheek.
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There are too many security, usability and reliability risks for QR codes to be the main driver of transit payment. NFC is likely better, says Carlypso Networks' Philippe Vappereau.
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Banks' family leave policies need to evolve with a new workforce that increasingly views fathers as equal caregivers.
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Miller, who has been at BofA for nearly three decades, said that banking "is a trust business."
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Oliver, who has been in banking for more than 30 years, will retire at the end of October.
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Under Smith's leadership, 56% of Zion's workforce uses generative AI for routine tasks such as reviewing contracts and prioritizing emails.
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Richard says that managing liquidity and interest rate risk have been a top priority last year and this year for the bank.
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The head of Santander's stateside operations built a career in banking by finding ways to "yes" to opportunities, even if they didn't seem like "the perfect fit," she said.
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In a newly created role, Kerrins' mandate is to modernize the bank's platforms and embed AI capabilities across the enterprise.
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A report from Democratic staff on the Senate Permanent Subcommittee on Investigations said accounting firm KPMG gave Silicon Valley Bank, Signature Bank and First Republic clean audits despite internal warnings, fraud allegations and apparent risks of failure.
The goal of the regional banking team members is to partner across their respective business lines or service areas to bring in more clients to BofA and to better serve existing clients.
The 23rd annual ranking of women leaders in the banking industry.
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