Economists and policy analysts say a prolonged disruption in the Strait of Hormuz — and uncertainty about the duration of the conflict — could drive up inflation and further weaken consumer sentiment, which could weigh on bank earnings.

The largest banks have increased their venture capital investments in AI startups by 21% over the past two years. They're looking to "co-shape" technology so that it meets their needs.

The former Fed governor's upcoming confirmation hearing will test whether he can satisfy both a president demanding lower rates and a Congress demanding independence.

Anthropic's new AI model can autonomously exploit software flaws, prompting urgent security meetings among U.S. and U.K. financial regulators.

Bank of America and Oracle are among those tweaking their treasury management and supply chain technology, partly to address clients that face cash management challenges from geopolitical risk.

Several major financial institutions last year increased their spending on measures to protect top executives, according to public filings. The moves followed the killing of UnitedHealthcare CEO Brian Thompson in December 2024.

Jay Plum, head of consumer lending at Fifth Third Bank, says artificial intelligence is fundamentally shifting relationships between banks and their third-party software vendors, allowing banks to do things on their own that they would previously rely on vendors to do for them, like identify risky loans and prepare for exams.

Emerging forms of artificial intelligence are moving so fast, traditional IT training isn't an easy fit. New research from American Banker shows how banks are handling training.

The investment bank is the target of a campaign by Color of Change, a racial-justice advocacy group that's accusing Goldman of retreating from its diversity commitments.

The stalemate over stablecoin yield leaves both sides uneasy, but ultimately favor banks.

Employees at two of the 28 Wells branches where workers previously voted to unionize are now shedding union representation.

In three separate appearances Thursday, Fed Gov. Lisa Cook, Gov. Michael Barr and Vice Chair Philip Jefferson said they are worried that U.S. involvement in the war with Iran could drive up inflation, leading them to conclude that interest rates should remain steady in the near term.

A recent executive order encouraging changes to the Consumer Financial Protection Bureau's Ability-To-Repay and Qualified Mortgage rules are adding to a packed agenda at a time when the agency has lost a third of its staff.

What was once a bipartisan and broadly popular housing bill has been weighed down with a pair of provisions that banks can't support. Even with those headwinds, the bill is more likely than not to pass, but not without drawn-out negotiations between the House and Senate.

The SEC is reportedly preparing a proposal that would give banks and other companies the option to report their earnings every six months, adding urgency to a long-running debate over how firms communicate with investors.

The Saginaw, Michigan-based credit union brought its credit card program back in-house to capture more member spending and gain added control over customer relationships. Previously, its credit card program was managed by a third-party vendor.

Cari has lined up five banks so far to support tokenized deposits for transactions such as real-time payments.

Bank runs are only the final symptom of a much deeper malady, according to a new study.

While the Office of the Comptroller of the Currency's recently published stablecoin rule bars stablecoin issuers from offering yield on holdings, there is enough wiggle room in the proposal — and unfinished business in Congress and the courts — for rewards to ultimately be accepted.

Fifty years of sanctions has forced the Middle Eastern country to develop its own isolated financial system. But money has still found a way to move in and out of the country.