Fintechs that simply offer cosmetic upgrades to the cumbersome American banking system won't survive.

Jes Staley is turning away from his ambition to build a Barclays Plc-branded digital consumer bank in the U.S.

The Boston company said the loan participation went into default due to potentially fraudulent activity.

The Mississippi company will pay more than $38 million for Texas First Bancshares.

From wrestling with the potential impact of Brexit to charting a course for responsible artificial intelligence, the Most Powerful Women in Banking have faced many challenges during the past year. See who earned the top spots in our ranking.

Early in her career, Strybel took a leap of faith when she followed her mentor's guidance and took a role outside her wheelhouse. It paid off, and it's a lesson she shares with younger bankers as part of her mission to pay it forward.

As head of strategic planning, Danella works with department heads to identify strategic priorities across all business lines and communicating those priorities, and management's vision for the company, to investors and employees.

Karen Larrimer, who oversees retail banking for PNC Financial, is encouraging women who frequently get caught up in trying to do it all to think harder about prioritizing.

The Pennsylvania community bank has seen rapid growth in recent years, thanks in large part to its success in attracting women clients.

Thurlow recognized that if she wanted to get serious about reaching the unbanked in her community, she needed to meet people where they were. That meant providing financial products they actually need and giving them access in their native language.