Banks weigh in on the fallout from CrowdStrike's outage, Patelco Credit Union navigates an ongoing legal battle over ransomware attack, JPMorgan Chase's tech usage for fighting fraud and more.

Capital One's proposed deal to acquire Discover is being viewed by progressives as a test of how skeptical the administration really is about big bank mergers, while Republican lawmakers mostly support the deal.

The $330 million transaction announced late Monday would give the Jasper-based company a foothold in fast-growing Columbus, as well as in Cincinnati.

The buyer said the all-stock deal to buy The First Bancshares would create a combined bank with $25 billion of assets.

The Wall Street banks are reviving dormant formats to raise capital with a lot more duration than usual, playing into bets that the Federal Reserve is on the cusp of an easing cycle.

Each year, in advance of our Most Powerful Women in Banking and Finance awards, American Banker puts together a list of 15 women who are rising stars at their banks. The honorees, all women 40 years old and younger, are nominated by an executive at their institution who believes that she has the potential to ascend to the C-suite.

As a managing director within Citi Investment Management, a division that sits within wealth, White is playing an integral part in reshaping that line of business.

Wech worked her way up over the past 16 years from a trainee through the retail division, becoming a branch manager, the manager of multiple locations, a team leader and now a regional head for business banking.

Shalishali joined the $59.7 billion-asset bank through an early talent program, which exposed her to different aspects of banking. She ended up starting off as a credit analyst before taking on other roles, such as a private wealth advisor and a commercial banker. 

After earning her engineering degree at MIT, Wall Street beckoned Jessica Payne, who was recruited into Citi's analyst class. Three years later, rather than use the MBA she earned at Harvard Business School to go in another direction, she eagerly returned to investment banking.