-
The Federal Deposit Insurance Corp. said banks earned stronger profits and expanded lending in the first quarter of 2026, but at the same time margins shrank and unrealized losses have been increasing.
May 27 -
Spain's largest lender is looking to buy Webster as part of an effort by Executive Chair Ana Botin to expand in the U.S.
May 27 -
Private credit should no longer be evaluated primarily as a yield story. Under current conditions, the underlying structure of deals is playing a much larger role in determining performance.
May 27
-
AI could bring about the worst jobs market in the past century; the good news is we have time to figure out what to do about it.
May 27
American Banker -
The average number of days it takes for large bank M&A deals to close has drastically shrunk from the past two years, according to a new report.
May 27 -
Maspeth Federal Savings in Queens has been managed by members of the Rudzewick family, led by long-serving patriarch Ken, for nearly three decades.
May 26 -
The crypto exchange, which closed its original direct deposit service in late 2024, has brought it back for users to set up automated digital asset investing.
May 26 -
JPMorgan Payments processes about $12 trillion in payments per day globally. It is also the largest credit card issuer and merchant acquirer in the country. But to stay on top, the banking behemoth has made it its business to work with, and think like, nimbler fintechs.
May 26 -
Banks are prioritizing AI investments for several reasons, including streamlining operations, reducing costs and improving employee workflows. By comparison, enhancing risk assessment and strengthening cybersecurity ranked lower among the reasons banks are investing in AI.
May 26 -
A proposal from the Federal Deposit Insurance Corp. would require the agency to notify Treasury's Financial Crimes Enforcement Network 30 days prior to major anti-money laundering actions against stablecoin issuers. The rule would also allow issuers to directly share normally confidential information with Fincen during the enforcement process.
May 26










