Following a $60 million credit hit, the Salt Lake City bank said that it hasn't found any other related problem loans.

Under Smith's leadership, 56% of Zion's workforce uses generative AI for routine tasks such as reviewing contracts and prioritizing emails.

JPMorganChase CEO Jamie Dimon said he wouldn't invest in the private-credit business if he were in different shoes. Meanwhile, an executive at Zions Bancorp. predicted that the sector's rapid growth will end badly.

President Donald Trump's tariff policies will strain some banks' business customers, as their supply chains will have to be reconfigured. But uncertainty is the real headwind.

Our annual list of the top five teams in banking.

Zions Bancorp.'s core systems team has spent more than a decade transforming the digital system that acts as the hub for all deposit and loan accounts at the bank.

Nine years into her current position, Smith has shepherded multiple tech investments at Zions, including a 400,000-square-foot corporate campus in Midvale, Utah, devoted to technology.

The two regional banks are anticipating that borrower demand will increase in the back half of the year. High interest rates and economic uncertainty have been muting the appetite for borrowing.

New York Community Bancorp took a massive loan-loss provision and slashed its dividend to meet tougher capital and liquidity requirements after rocketing by that asset mark. A half dozen regionals face tough questions about whether they're better prepared than NYCB, which had to be rescued.

The Salt Lake City company has promoted Paul Burdiss, its chief financial officer, to succeed A. Scott Anderson as president and CEO of its banking unit. It also named a new CFO and a new general counsel.

The Salt Lake City bank says that it doesn't expect major losses, even though its problem loans grew at the end of 2023.

On July 15, Zions Bancorp. cut the ribbon on a 400,000-square-feet technology center in Midvale, Utah. The center lets the Salt Lake City-based bank's 2,290 tech employees, from cybersecurity experts to application engineers, work from one space instead of 12 buildings scattered across Utah.

Olga Hoff's proudest accomplishment in the past year? She created a small-business diversity banking program at Zions.

As the industry manages high turnover, more companies are expressing dissatisfaction. Among firms that switch to a new bank, the previous bank's lack of knowledge about their business is an increasingly common reason, according to a recent survey.

Kristiane Koontz at Zions and Neal Shah at Regions explained how they are coping with the many challenges of rebuilding the technology foundations of their banks at American Banker's Digital Banking Conference.

Zions Bancorp. CEO Harris Simmons says the Secured Overnight Financing Rate is more suited for derivative traders than regional banks as a replacement for Libor. His bank this week became the largest to say it would use the alternative developed by the American Financial Exchange.

Harris Simmons of Zions Bancorp. warned that excess deposits could suppress loan demand and pose an inflation threat, while Darren King of M&T tried to reassure investors that deposits will be less volatile than some fear once the economy improves.