In this week's edition of the American Banker news quiz, gauge your understanding of topics like cybersecurity testing, the impact of high interest rates on community banks, FDIC Chairman Martin Gruenberg and more.
The Federal Reserve's preferred inflation reading fell in March, but the positive reading came before new trade policies hit the economy.
The top five banks saw an average rise in their assets of almost 31% between 2023 and 2024.
A $24 billion single-family provision for credit losses linked to economic uncertainty and changes in actual and forecast home prices weighed down results.
The potential for a global trade war has largely undone the optimism that the industry exhibited at the beginning of the year. Here's a look at three ways that tariffs could negatively impact banks.
The online consumer lender beat revenue expectations in the first quarter, but its net income was dragged down by larger provisions that the company attributed to tariff "uncertainty."
The card processor came up short on expected profits but hit analysts' estimates on revenue in the second quarter of its fiscal 2025. CEO Ryan McInerney said growth in payments volume, cross-border volume and processed transactions were strong even in the face of shaky economic conditions.
