The 15 largest U.S. banks by total assets had an average net charge-off ratio of 0.66% in the first quarter of 2025.
Read more about the NCO rates at the largest U.S. banks as of March 31.
Source: S&P
Through a nonprofit called Greater NY, early-career analysts at banks can apply their financial skills at charities and other civic-minded organizations. The partnerships give free help to nonprofits, but provide surprising benefits to the banks as well.
While overall payments declined, the financial sector remained the top payer to cybercriminals, surpassing both health care and manufacturing.
Danny Seibel, who led First National Bank of Lindsay from 2007 until shortly before the bank's failure last year, is accused of falsifying bank documents to conceal the condition of loans.
At a UCLA economic panel, experts from Zions, JPMorgan, Berkeley Research Group and Wave Digital Assets discussed the challenges in data management and compliance risk that goes with adopting digital assets.
JPMorgan's Ben Carpenter will join Evercore as a senior managing director; Wells Fargo appoints Jackie Krese to head syndications within its fund finance group; the SEC is probing Jefferies over its relationship to bankrupt auto parts supplier First Brands Group; and more in this week's banking news roundup.
Call for submissions for women 40 years and younger who are rising leaders at their bank or financial institution.
