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Citizens Financial Group's promotion of Brendan Coughlin to company president comes at the same time as CFO John Woods prepares to leave for State Street. Both executives have been viewed as potential successors to CEO Bruce Van Saun.
April 30
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The card network took a 3% stake in Corpay to improve international payment processing for corporate clients, while also pushing technology that aims to drastically reduce the need for human supervision of artificial intelligence.
April 30
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President Donald Trump's shrinking of the Federal Deposit Insurance Corp. and the Consumer Financial Protection Bureau add to bankers' uncertainty into May.
April 30
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Fintechs that want to acquire bank charters face multiple obstacles, from increased regulatory scrutiny to stiff competition from established banks.
April 30
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The Federal Reserve's preferred inflation reading fell in March, but the positive reading came before new trade policies hit the economy.
April 30
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The top five banks saw an average rise in their assets of almost 31% between 2023 and 2024.
April 30
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A $24 million single-family provision for credit losses linked to economic uncertainty and changes in actual and forecast home prices weighed down results.
April 30
Each of the top-performing banks with more than $50 billion of assets used their own mix of revenue streams to drive performance.
Big banks with the strongest financial performance varied in asset size, geographies and services.
Growing loans was a tall order in 2024, but banks that could do just that were able to outperform their peers.
The Texas senator pitched Republican senators on ending the Federal Reserve's authority to pay interest to banks, claiming it would save $1.1 trillion over a decade.
New forms of artificial intelligence can take most, if not all, of shopping and checkout out of the hands of humans. Not everybody is going to be comfortable with that, though the payment giant sees travel as a good place to start.
Small businesses are essential to the ongoing prosperity of the United States, but they are not well served by the country's largest banks. For everyone's sake, that needs to change.
The Texas senator pitched Republican senators on ending the Federal Reserve's authority to pay interest to banks, claiming it would save $1.1 trillion over a decade.
New forms of artificial intelligence can take most, if not all, of shopping and checkout out of the hands of humans. Not everybody is going to be comfortable with that, though the payment giant sees travel as a good place to start.
Small businesses are essential to the ongoing prosperity of the United States, but they are not well served by the country's largest banks. For everyone's sake, that needs to change.
Bankers are concerned about stablecoins gaining traction due to the passage of the GENIUS Act, and also continue to sound the alarm about the failure to resolve check fraud disputes, according to the latest quarterly survey from IntraFi.
Pulaski Savings Bank's failure will cost the FDIC's Deposit Insurance Fund 57.6% of its total assets.
The CEO of First Northwest Bancorp is promising to fight a lawsuit claiming the lender helped a client perpetrate a Ponzi scheme that bilked a hedge fund out of more than $100 million.
Most Influential Women in Payments honorees say the dramatic expansion in technology presents new opportunities and challenges as employers evolve away from traditional business models.
Honorees from American Banker's Most Influential Women in Payments discuss spotting tangible uses for innovation, rather than buying into hype.
Each year, American Banker recognizes the women who are advancing the payments industry in banking, retail, acquiring, processing and more.
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The banks have invested in gen AI and embedded finance, respectively.
August 12 -
John Buran shares how his New York bank and its small business customers are faring with tariff uncertainty — and how some have quickly changed suppliers and modified business plans — in the latest American Banker podcast.
July 15
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The crypto asset platform is returning to the U.S. after leaving in 2022 amid regulatory friction.
April 28
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In the megabank's latest sign of progress with regulators, it said that a 7-year-old CFPB order has been terminated.
April 28
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Two Democratic members of the National Credit Union Administration board of directors are suing the Trump administration for wrongful dismissal, a suit that could have implications for the Federal Reserve and Federal Deposit Insurance Corp.
April 28
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After the Washington bank's rocky integration with Umpqua, investors are wary of its plan to acquire Pacific Premier Bancorp in Southern California.
April 28
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President Trump suggested his sweeping tariffs would help him reduce income taxes for people making less than $200,000 a year.
April 28
