The 10 largest U.S. banks based on most assets had combined total earnings of more than $40 billion in the third quarter of 2023. While many saw their net income grow over the previous quarter, one achieved a significant increase of 69.24%.
Scroll through to see which banks are in the top 10 and how they fared.
Source: Earnings reports from the respective banks
Thousands of consumers had to wait more than 90 days for funds after their accounts were suddenly closed, according to the Consumer Financial Protection Bureau.
Katherine Weislogel's career began by being in the right place at the right time.
By training a core payment card fraud-detection platform on more than 15 billion transactions, the card network is honing the accuracy of warnings sent to issuers about suspicious purchases.
Rep. Andy Barr, R-Ky., is introducing a bill to establish an Office of Supervisory Appeals at each of the banking regulators that would give banks more power over the appeals process.
Capital Community Bank of Provo has purchased Security Home Mortgage, headquartered in nearby Orem.
The Minneapolis-based company has promoted Kedia to president, a role that CEO Andy Cecere and his predecessor both held before being named to the top job.
