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Fifth Third Bancorp in Cincinnati wants to become a bank for crypto platforms. Its CEO believes that stablecoins pose minimal threat to the U.S. deposit market.
July 17 -
The Minneapolis-based bank reported solid commercial growth during the second quarter, with the momentum carrying over into July.
July 17 -
New York Life and D.E. Shaw are among the companies encouraging use of large language models throughout their organizations.
July 17 -
The GENIUS Act, which will give the green light to banks interested in stablecoins, but which has also raised fears that it will disintermediate the banking system, passed the House today and heads to President Donald Trump's desk.
July 17 -
The U.K. fintech's shares fell about 5% in London, partly due to international currency volatility. It hopes a U.S. listing will improve the company's ability to raise capital.
July 17 -
Monetary policymakers have held off on lower interest rates for months, citing the risk of tariff-induced inflation. Several now say this week's CPI and PPI reports confirmed their suspicions.
July 17 -
A new federal law that decouples health savings accounts from high-deductible insurance plans is expected to be a tailwind for the Connecticut bank's health care unit.
July 17 -
Executives believe the Dallas bank will hit its target for improving a key profitability metric later this year, driven by investment and trading fee income.
July 17 -
Noelle Acheson points out that the GENIUS Act is right to ban interest on payment stablecoins, and suggests that the bigger debate should be around the current banking model.
July 17 -
After the rapid rise of interest rates, election uncertainty and tariff policies stymied borrower demand, some banks' second-quarter results suggest that loan growth may be on its way back.
July 17