WASHINGTON-The annual running of the Credit Union Cherry Blossom Ten Mile Run attracted 15,000 runners and raised $578,000 for the Children's Miracle Network. Credit unions have sponsored the run around the nation's capital for 10 years to benefit Children's Miracle Network-affiliated hospitals. This year's donation helped bring the 10-year total of funds donated to Children's Miracle Network Hospitals more than $5 million. The race coincides with the Cherry Blossom Festival, which is scheduled to occur during peak season for the blooming of the cherry blossom trees that festoon the Tidal Basin.
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A regulatory filing Wednesday sheds more light on how the megamerger came together. It also details the compensation arrangements for Comerica CEO Curtis Farmer, who will become Fifth Third's vice chair.
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The credit union fintech and core provider partnered to launch three new agentic AI-powered tools for credit unions that work with existing systems.
November 5 -
As Standard Chartered boss Bill Winters says cash will soon fully give way to digital currency, Western Union, Worldline, Coinbase and Ripple entered separate collaborations to bring digital assets to wider audiences. That and more in the American Banker global payments and fintech roundup.
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At its first investor day in a decade and a half, the nation's second-largest bank pegged its guidance for return on tangible common equity at a slightly higher level than what it reported last quarter. Not all investors were impressed.
November 5 -
Voters across the country swung hard to the left in yesterday's off-cycle elections, showing an acute interest on affordability issues ahead of the 2026 midterms.
November 5 -
Despite record loan applications, Upstart's AI pulled back, causing a revenue miss and raising "incremental uncertainty" about its core underwriting model.
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