National banks

Bank of America will keep cutting costs even after reaching its annual spending goal of $53 billion by finding more ways technology can replace people, Chief Operating Officer Tom Montag said.

Regions Financial's tool that helps customers find the right account for themselves is among the reasons why Andy Hernandez is a Digital Banker of the Year finalist.

KeyCorp is acquiring HelloWallet, a personal financial management product it has offered its bank customers since 2015, from the investment research firm Morningstar.

Fifth Third, Huntington Bancshares and KeyCorp are among the companies backing an effort to bring startups to the Buckeye State.

John Fawcett, previously CFO at Citizens Financial in Providence, R.I., will succeed Carol Hayles.

Amala Duggirala said she was attracted to Regions because of its digital products and commitment to innovation.

The San Antonio company named Chad Borton, previously head of consumer banking at Fifth Third Bancorp in Cincinnati, for the role. Fifth Third has named Philip McHugh as his successor.

Bank of Montreal's Bill Downe, the longest-serving chief executive officer among Canada's largest lenders, will retire Oct. 31 after spending a decade expanding the nation's oldest bank through acquisitions in the U.S. and overseas.

Big banks may have scoffed when a gaggle of financial technology upstarts promised to reinvent their business. Now they want to buy them.

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