Bread Financial's point-of-sale installment loans, called Bread Pay, helped drive the lender's credit sales amid a wider earnings beat.

The North Carolina-based bank plans to make additional monthly payments of $500 million-$1 billion to the Federal Deposit Insurance Corp., in order to reduce $35 billion of debt tied to its acquisition of the failed Silicon Valley Bank.

Like many of its peers, the Chicago-based custody bank posted strong results thanks partly to the downstream effects of a strong initial-public-offering market.

Following a recent approval by the European Central Bank, Banco Santander's pending acquisition of Webster Financial is expected to close before the end of 2026, executives said. There's been concern that the deal could get tangled up in tensions between the U.S. and Spain.

Capital One Financial executives on Tuesday provided updates on the company's integration of its recent acquisitions of Discover Financial Services and payments-focused fintech Brex.

Until this quarter, car-loan delinquencies for the Detroit-based bank had been steadily dropping. But in the spring of 2026, that momentum showed signs of slowing.

For some banks, surging loan growth isn't all a bed of roses, as funding the increased volume often results in a certain amount of net-interest-margin dilution.

Synchrony Financial joined the chorus of banks that were enjoying the healthy credit cycle as consumers maintained discretionary spending despite ongoing affordability concerns and persistent inflation.

Schwab directly or indirectly manages only 2% of the $37 trillion in U.S. wealth that could be in the hands of advisors, according to CEO Rick Wurster. The size of the opportunity means there is no need to compete with the firm's RIA clients.

The capital markets business, loan growth, credit quality and an improved macroeconomic outlook were all factors in the industry's strong second-quarter results.

Banks use artificial intelligence to do many different jobs. At Fifth Third, the technology is supervising the biggest post-merger integration in the bank's history.

Amid warnings that a future slowdown in AI capital spending could pose a systemic threat, executives at Regions Financial said they're preparing the same way they would for any other credit concentration.

By establishing direct connections to clearing networks such as Japan's central bank, the cross-border payment firm avoids intermediaries, feeding its strategy to undercut traditional financial institutions.

The Charlotte, North Carolina-based bank stopped originating marine and recreational vehicle loans during the second quarter. Executives said the change will reduce net interest income in the short term, but deliver higher profitability over the long run.

Banks are posting record profits, benefiting from being in the middle of a hot credit cycle. Everything is going their way. The only question is, how long can it last?

FINRA's annual snapshot shows how the wealth industry is changing, from key business metrics and marketing trends to shifts in registration and a shrinking branch footprint.

The regional bank revealed plans Thursday to close most of its supermarket-based branches and replace about half of them with new, nearby standalone branches. The multiyear transition could attract $20 billion to $30 billion in low-cost deposits, executives said.

State Street executives said Thursday that one of its investment funds was selected as the default investment option for "Trump accounts."

A breakout month by the company's newly acquired investment banking subsidiary, BTIG, added nearly $100 million of revenue during the second quarter.

In its latest 2026 guidance, the Pittsburgh-based bank predicted an increase in income, but also an uptick in expenses. Much like JPMorganChase, which made a similar revision to its forecast this week, PNC views the two trends as inseparable.