"Ultimately, adoption and embedding in a company is going to be the differentiator for many firms on whether or not they're successful with AI," said BNY CEO Robin Vince.

The investment banking giant has a hefty amount of excess capital, some of which is being used to meet client demand. At the same time, the company is open to opportunities to do bolt-on acquisitions, CEO Ted Pick said.

The Buffalo-based company reported its first organic linked-quarter CRE loan growth since 2021, as well as a sharp increase in commercial-and-industrial lending activity.

Industry economists and analysts were predicting single digit quarter-to-quarter gains, but a trio of large banks had an over 30% rise in mortgage volume.

The global bank said it's ready to take advantage of opportunities to accelerate investments into its business, with an eye toward achieving longer-term, sustainable growth. Analysts had tough questions about the plans.

The well above-average advisor graduation numbers, paired with Merrill's recruiting efforts, suggest the wirehouse is serious about adding lots of talent.

For the banks involved in the record-shattering IPO, this year's second quarter was marked by a spike in investment banking income.

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

The Ensemble Practice's annual growth and profitability report reveals a "scissors shape" between the two, based on a survey of more than 170 firms.

Even though RIAs reached a record size in four important metrics, experts say equity values are masking weaknesses in their organic growth.

Wise grew its net revenue 19% year over year to $2.5 billion in its fiscal 2026, aided by increased deposits, cross-border volume and spending on the Wise card. It's the latest sign that interest in cross-border payments and multicurrency accounts is heating up.

Rithm and UWM Holdings are the favorite names among publicly traded lenders, while BTIG adds coverage of Better Home & Finance at a buy rating.

Globally, the war had varying impacts on banks' first-quarter provisions, according to a new report. U.S. banks reported limited reserve-building in response to the conflict.

Securities and Exchange Commission Chair Paul Atkins said his agency and the Commodity Futures Trading Commission are working together to usher in a friendlier regulatory environment for technology and crypto firms, a marked departure from the interagency dynamic under President Biden.

Though compliance spending remains an issue, the Toronto-based company reported linked-quarter loan growth in the U.S. and expects the trend to accelerate.

Canada's largest bank beat Wall Street's expectations in the second quarter. But some analysts were puzzled by RBC's decision to shrink its provisions for credit losses at the same time as its executives were acknowledging "elevated" macroeconomic uncertainty.

The Canadian lender's U.S. plan involved selling branches and jettisoning certain noncore relationship loan portfolios. BMO is now positioned to achieve its stateside return on equity target, CEO Darryl White said.

The Federal Deposit Insurance Corp. said banks earned stronger profits and expanded lending in the first quarter of 2026, but at the same time margins shrank and unrealized losses have been increasing.