Potential uses for banks include risk analysis, investment portfolio construction and financial crime monitoring.

The resignation comes after the bank was placed on the state treasurer's list of fossil fuel industry boycotters.

The generative AI technology has been through a cycle of media buzz, disappointment and disillusionment. 

The government set forth five principles companies should follow when they use artificial intelligence. Chintan Mehta, CIO of strategy, digital and innovation at Wells Fargo, shares how one of the largest banks does it.

The banking industry appears to be stuck when it comes to diversifying the leadership ranks.

The bank's delay in investigating the case forced the plaintiff to resign from the bank in July 2021, according to the complaint. Wells said that it takes allegations of misconduct "very seriously."

In February 2018, the Federal Reserve prohibited the San Francisco-based bank from growing beyond $1.95 trillion. Five years later, analysts, investors and lawmakers are left with more questions than answers about the unprecedented enforcement action.

The company will also be reducing its servicing portfolio.

Big banks are aiming to bring their existing technologists up to speed with cloud certification and other modern architecture training.

Many in Utqiagvik, Alaska, say they like banking with the country's fourth-largest bank. But they also want more banking options in their town, a reality that rural communities across the United States face.