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Market Intelligence:
AI
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Industry Data
  • Wealth management
    Truist expands its wealth management business into Chicago

    The North Carolina bank’s wealth arm now operates in nine of the 10 largest U.S. markets.

    By Paige Hagy
    Reporter
    June 13
    Truist logo
  • Commercial banking
    Signature’s latest hiring spree poaches bankers from Citi, JPMorgan

    John Madigan, a Citigroup veteran, is leading one of five new private-client banking groups at Signature Bank. The moves are designed to enable the company to expand its footprint throughout metro New York.

    Jordan Stutts Author Image
    By Jordan Stutts
    Reporter
    June 13
    Joseph DePaolo, CEO of Signature Bank.
  • Consumer banking
    Citizens, Cullen/Frost join parade of banks eliminating NSF fees

    The two regional banks announced plans to abandon nonsufficient fund fees and make other moves that will reduce the revenue they collect from cash-strapped consumers.

    By Jon Prior and Kevin Wack
    June 13
  • Politics and policy
    Former OCC chief says he urged big bank not to block card purchases of guns

    Brian Brooks, an acting head of the Office of the Comptroller of the Currency during the Trump administration, says the CEO of one of the largest U.S. banks considered barring customers from using its cards to buy firearms.

    Claire Williams, staff writer, American Banker
    By Claire Williams
    Reporter
    June 13
    guns
  • Digital Banker of the Year 2022
    The ‘visionary’ behind a tech-savvy commercial bank

    Allan Rayson of Encore Bank has been named American Banker's Digital Banker of the Year for leading a tech transformation and working with fintech partners that help the Arkansas bank serve commercial customers.

    By Miriam Cross
    Tech Reporter
    June 13
    Allan Rayson
  • Wealth management
    PNC revamps its private bank with eye toward the West

    The Pittsburgh company is adjusting the structure of a unit that has a national reach following the acquisition of most of BBVA’s U.S. operations. PNC has also named Jennifer Lee as the private bank’s head of U.S. markets.

    By Allissa Kline
    Reporter
    June 10
  • Commercial banking
    Banks feel fallout from Texas laws on guns, fossil fuels

    JPMorgan Chase and Bank of America both lost substantial business in the state's lucrative municipal finance market following the passage of laws that ban discrimination against the firearms and energy sectors, according to new data.

    By Jon Prior
    Staff Writer
    June 10
  • Payments
    Huntington's payments acquisition brings disbursements up to speed

    The bank's purchase of Digital Payments Torana has become a key element of a newly combined payments business run by Amit Dhingra, enterprise payments director. The fintech's capabilities allow the bank to better serve government agencies, health care providers and other business categories.

    By Robin Arnfield
    June 10
    Huntington bank building
  • Payments
    How Apple Pay Later's self-funding model cuts its costs

    In a twist on its Goldman Sachs-issued credit card, the technology giant will directly underwrite and hold its buy now/pay later loans through its own subsidiary, cutting out intermediaries.

    By Kate Fitzgerald
    Senior Editor, Payments
    June 10
    Apple Pay
  • Commercial banking
    Financed emissions are banks’ latest climate-change challenge

    With the industry facing increasing pressure around climate disclosures, a new report highlights the challenges in measuring financed emissions as well as the potential payoff for banks that choose to be proactive.

    Jordan Stutts Author Image
    By Jordan Stutts
    Reporter
    June 9
  • Industry News
    Wells Fargo faces criminal probe over interview practices: Report

    Federal prosecutors in Manhattan are investigating the bank over allegations that it conducted so-called fake interviews with nonwhite and female job applicants, The New York Times reported Thursday.

    By Polo Rocha
    Staff Writer
    June 9
  • Industry News
    Credit conditions expected to weaken this year: Bank economists

    The American Bankers Association’s credit conditions index fell sharply, as economists foresaw dampening loan demand. The weaker outlook lines up with major bank CEOs’ increased worries over a possible recession.

    By Polo Rocha
    Staff Writer
    June 9
  • Payments
    How JPMorgan Chase is using payments data to woo merchants from fintechs

    The bank is using its dominant share of the U.S. payment card market to provide granular insights that can improve small business' marketing decisions and business management.

    By Kate Fitzgerald
    Senior Editor, Payments
    June 9
    Brodigan-Brad-JPMorganChase
  • Credit unions
    How a New Jersey de novo will tailor services for LGBTQ members

    The nonprofit First Step Alliance is working to launch Diverge Federal Credit Union, which plans to offer loans to cover the costs of gender affirmation surgery for individuals and adoption for same-sex couples.

    Ken McCarthy Author Image
    By Ken McCarthy
    Reporter
    June 9
    Nancy Elden, First Step
  • Industry News
    Pierre Habis to lead digital transformation at Santander Bank

    The executive has been given an expanded role in which he will tap into Santander Group’s annual $5 billion investment in technology.

    By Miriam Cross
    Tech Reporter
    June 8
    Pierre Habis, chief consumer and digital transformation officer at Santander Bank
  • Wealth management
    Regions launches investment advisory service aimed at young customers

    The Alabama bank hopes that its new InvestPath platform, which combines automation and personal interaction, will attract first-time investors.

    Jordan Stutts Author Image
    By Jordan Stutts
    Reporter
    June 8
    Regions Bank
  • Payments
    KeyBank becomes a payment facilitator to better serve business clients

    The bank is using a recent fintech acquisition to embed its services in merchant categories like health care and philanthropy, which have typically lagged in the move to digital commerce.

    By John Adams
    Executive Editor, Payments
    June 8
    Gavrity-Ken-Key
  • Commercial banking
    In a hot job market, banks dish out pay awards to retain executives

    JPMorgan Chase CEO Jamie Dimon and Bank of America Vice Chairman Paul Donofrio were among the high-level executives who last year received multimillion-dollar retention payments. The awards — sometimes known as “golden handcuffs” — were driven by the most competitive job market in recent history.

    By Allissa Kline
    Reporter
    June 7
  • Politics and policy
    Waters asks top U.S. banks for details on profits from American slavery

    The letter from House Financial Services Chair Maxine Waters and Rep. Al Green points to laws passed by some state and local legislatures where financial institutions have been required to disclose whether they had ever profited from slavery in order to operate in their jurisdiction.

    Brendan Pederson Author Image
    By Brendan Pedersen
    Reporter
    June 7
    Representative Maxine Waters, a Democrat from California and ranking member of the House Financial Services Committee.
  • Industry News
    Wells Fargo hires new communications chief from JPMorgan Chase

    Amy Bonitatibus will succeed Barri Rafferty, who left the San Francisco bank in early May.

    By Victoria Zhuang
    Reporter
    June 7
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23RD ANNUAL THE MOST POWERFUL WOMEN IN BANKING

Meet The Most Powerful Women in Banking 2025, our annual ranking of the executives at the pinnacle of the industry.

ABM1025_Cover.jpg

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© 2026 Arizent. All rights reserved.
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© 2026 Arizent. All rights reserved.