Banking

Lenders fronting the money for massive arrays of AI-friendly semiconductors have no visibility into their actual output. That could change with better reporting standards modeled after the energy industry.

State agencies supervise about 79% of U.S. banks. Their umbrella group just published the questions, documents and risk tiers examiners may use.

The Columbus, Ohio-based bank reevaluated its earnings guidance amid tough competition that hampered its production of commercial real estate and indirect auto loans.

Commercial banks have increasingly tapped the Federal Home Loan Bank System for liquidity as rising Treasury yields have made the market for deposits more competitive.

Small banks are uniquely vulnerable to local climate disasters, from floods to wildfires to tornadoes. Supervisors should be playing a more active role in helping them identify, measure and manage their risk.

Over the last 14 years, Chime has risen from fledgling fintech to a poster child for what successful bank-fintech partnerships can look like. Now, as the neobank stands on the precipice of owning its own bank, it faces new challenges as it gears up to go toe-to-toe with some of the country's largest banks.

As Truist Financial implements the strategy of Chief Executive Michael Lyons, the bank is dropping near-prime auto lending, a business that it says doesn't play to its strengths.

Seven of eight offices are open; debit cards are capped at $1,000 a day; and the bank's website is down. The bank has given no restoration date.

Nola Bank is the seventh new institution to open in 2026, with another two set to start in the next few months.

The annual ranking showcases financial technology companies that receive high marks from their employees.

Advisors discussed how they guide clients through the competing priorities of saving for their own retirements versus their children's college educations.

The high-cost consumer lender withdrew its applications to acquire Grasshopper Bancorp, saying the regulatory approval process for nonbanks lacks clear standards.

Constellation Software subsidiary CORA Group rebranded its U.S. core banking service as regulators are looking to inspect core vendor relationships.

Banks have embraced artificial intelligence for years. Now, after a week of dire warnings about the technology's risks, executives at two big banks are calling for caution and calm.

Recent analyses found non-malicious AI agents can "think," emote and launch attacks unprompted. There are several things banks should do to protect themselves.

Parties trying to restrict stablecoin rewards have been relying on a trio of false claims that, despite public debunking, continue to be spread. At some point, the repetition of fake talking points begins to look purposeful.

Banks are racing to adopt artificial intelligence while often de-emphasizing basic banking education — human intelligence — at the new employee, executive, and board levels. That's a recipe for disaster.

It's easy these days to get caught up in all the bad news and very easy to lose sight of the good. So let's take a moment to focus on some good news.

The Brazilian digital bank is bringing its services to U.S. consumers through a partnership with Lead Bank as it awaits its own final charter approval.

North Carolina-based First Citizens BancShares completes its acquisition of 138 branches across 11 states; City National Bank appoints Chad Lloyd senior vice president and head of RBC U.S. Mortgage; London-based payments processor Checkout.com launches its U.S. subsidiary in Georgia; and more in this week's banking news roundup.