Special Program Root Tag

The Federal Open Market Committee is expected to cut interest rates at its September meeting, which will also provide a new Summary of Economic Projections. Marvin Loh, senior macro strategist at State Street Global Markets, examine the meeting, the SEP and Fed Chair Powell's press conference.

Many of this year's honorees took a chance on their future careers by asking questions, jumping into unknown markets and believing in their ability to get the job done.

The Office of the Comptroller of the Currency is referring the issue to the Department of Justice. The failure of the $107.8 million bank will also cost the Deposit Insurance Fund an estimated $43 million.

Industry leaders in this year's ranking shared insight on how they would advise their younger selves on building a path to the top and the skills today's rising professionals need.

Visa and Mastercard face pressure to lower payment charges globally, while the London-based fintech receives more fraud reports than the country's largest banks.

The top five banks and thrifts had combined assets of more than $13 trillion as of June 30, 2024.

Eric Hovde, CEO of Sunwest Bank and Republican nominee for Senate in Wisconsin, is running a tight race against incumbent Democratic Sen. Tammy Baldwin. In an interview with American Banker, Hovde talked about wanting to deregulate the banking industry and bring financial savvy to Washington.

American Banker's annual recognition of the most powerful women in banking includes two CIOs and the newly created position of chief data and analytics officer at a megabank.

The former president has vowed to carry out an aggressive campaign of deregulation, renew expiring tax cuts, lower the corporate tax rate to 15% from 21%, and offer fresh tax reductions and benefits to bolster domestic manufacturing — policies cheered by prominent Wall Street and corporate leaders. 

Honorees from this year's ranking provide insight into what tools and expertise future generations of professionals need to advance.

Donald Trump vowed to boost the U.S. auto industry by making interest on car loans fully tax-deductible and renegotiating a trade deal with Mexico and Canada as he courts Michigan.

Now that earnings season has kicked off, investors will be paying close attention for signs of loan growth and deposit pricing relief, though analysts don't expect improvements to materialize right away.

The varied perspectives that people of different generations bring to the issues facing a growing business can be a deep and rich source of support for entrepreneurs.

In an exclusive poll, 44% of American Banker readers backed former President Donald Trump's bid for the presidency but thought that current Vice President Kamala Harris had a better shot at winning.

By offering its authentication technology to other issuers, the credit card lender can compete with payment networks and mobile wallets. But it will have to persuade other banks to get on board.

The top five credit unions have combined real estate loans and lines of credit of more than $217 million as of June 30.

Citizens is testing the use of generative and traditional AI in several areas, including as a copilot for contact center reps and to help branch staff detect fake checks, she says.

The top five credit unions on this list have more than $36 billion in unsecured card loans and lines of credit.

Smith, chief technology and operations officer at the Utah Bank, shares some of the lessons learned from a recently completed core system replacement.

Portney, one of our The Most Powerful Women in Finance honorees, discusses her role and responsibilities.