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The suburban New York bank says Skye, its conversational artificial intelligence assistant, is doing the work of 100 full-time employees.

Deutsche Bank’s female employees in the U.S. represent about 21% of the firm’s top ranks and Black people account for around 5%, according to data released by the bank for the first time Friday.

A growing number of companies like Klarna, Sezzle and Circle let consumers split large purchases into smaller transactions paid over time. But they say they need to offer more than one product to set themselves apart and build customer loyalty.

Michigan Legacy Credit Union is increasing its minimum hourly wage by 23% to $16, adding annual costs that equal nearly half of its first-quarter profit. The expense is worth it to compete with banks that have boosted pay, its CEO says.

They may look different, but for opening accounts, serving small businesses and satisfying consumers' need for cash, branches remain essential.

Bank of America joined JPMorgan Chase and Wells Fargo in making Juneteenth a bank holiday starting next year after President Biden signed the June 19 federal holiday into law to commemorate the end of slavery in the U.S.

Julie Caperton, a longtime executive at the $1.9 trillion-asset bank, succeeds Julia Wellborn, who left the company in April.

More than 70% of U.S. bank workers expect their employers to allow some flexibility about where and when they do their jobs, according to a new survey from Arizent. The findings suggest that to attract and retain talent, banks will have to continue work-from-home arrangements that became standard during the pandemic.

Verizon Family Money is an app and prepaid debit card where children can spend under the limits set by their parents.

Acquiring Pilot Bank would allow the credit union to serve members who live or vacation in Florida. The deal is the fifth deal this year in which a credit union is purchasing a bank.