Retail & Commercial

The San Francisco-based banking giant remains on track to hit its $50 billion spread income target for all of 2026, CEO Charlie Scharf told analysts.

JPMorganChase CEO Jamie Dimon declined to give specifics on when he will step down, saying the decision ultimately rests with the board of directors.

The New Jersey bank has attributed a 60% reduction in document-related task time over the past three months to an AI agent from fintech provider nCino.

The biggest core providers have each tied their security to a frontier AI developer. The guidance that would govern any of it excludes agentic AI.

A detailed look at bank merger-and-acquisition activity between January and June reveals a significant slowdown in announcements and a decline in deal value and pricing. The deceleration coincided with the start of U.S.-Israeli attacks on Iran.

The volume of bankruptcy filings has been climbing, particularly among small businesses. But analysts note that the numbers are still below pre-pandemic levels.

The Honolulu-based company said it plans to acquire TriCo Bancshares in Chico, California, and retain all of the seller's 68 branches.

A November ballot measure will ask voters whether to establish the nation's first municipal public bank. The harder question of how to capitalize such a bank is being left for later.

Jeff Sinnot, CEO of Vantage Bank and American Banker's 2026 Most Innovative Person In Finance, sits down with tech reporter Melinda Lucy to talk about the bank's diversified approach to digital assets and the opportunities the DeFi sector holds for community banks.

Kentland Federal became the third bank this year to fail; meanwhile, American Banker today publishes its list of the best-performing small banks.