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JPMorgan Chase CEO Jamie Dimon expressed even deeper concern Wednesday about the likelihood of an economic downturn than he has in recent months. Wells Fargo CEO Charlie Scharf was less pessimistic, but he still spoke of the “reality that the economy has to slow.”

The Federal Reserve is about to start shrinking its $8.9 trillion balance sheet, deploying a second tool along side higher interest rates to curb inflation, though officials don’t know just how effective it will be.

Kristy Carstensen, U.S. Bank Payment Services' chief financial officer, discusses how digital innovation projects are opening finance to more communities, and the work that remains.

On the issue of large regional mergers, former FDIC heads Sheila Bair and Thomas Hoenig said that presuming banks with more than $100 billion of assets are systemically important is “regulatory overreach.”

The chief executive of Klarna Bank has polarized opinion on social media after posting a contact list of former employees recently dismissed by the Swedish company as part of a drive to curb costs.

Increased interest income would boost lending profitability, but only if borrowers are confident enough in the economy to take out loans. And that's just one of the issues hammering banks' shares.

Widespread sharing of financial and other data creates enormous privacy risks for consumers, many of whom have no real understanding of the danger.

Scammers are using age-old tactics like phishing to take advantage of the uncertainty — and panic — stemming from the recent price swings of several prominent digital currencies.

This week in global news, U.K. banks suffer an online and mobile outage, Wordline enters the metaverse, a new cross-border payment option comes to Ukraine, and more.

Tandym, headed by a former Capital One executive, is rolling out a digital private-label credit card program that ties into sellers' loyalty programs. It has $60 million in backing from investors including Google’s AI-focused venture fund Gradient.