The Federal Reserve governor spoke of the cost opportunities of AI, reiterated his thoughts on the threat of deepfakes, and encouraged small banks to play to their strengths.

JPMorgan banked Epstein from 1998 until 2013, when the CEO of its investment bank, Jes Staley, left. Raskin labeled that time as a 15-year span in which “JPMorgan turned a blind eye to evidence of ...

Community lenders that make it through the next decade will have embraced technology and attracted younger customers, the Treasury secretary said at a Fed conference Thursday.

City officials filed a lawsuit against the fintech, alleging it operates as a “modern-day payday lender,” charging customers exorbitant interest despite marketing its loans as “zero interest.” ...

A subsidiary of the investment bank carried out invoice “factoring” between the bankrupt auto parts supplier and retailers like Walmart that bought First Brands’ materials.

Analysts look to pinpoint the next bank takeover target – citing First Horizon, Webster and Cadence – as the banking sector comes off its hottest M&A quarter in four years.

The regulator is rolling out changes to its regulation and supervision of community banks – which it now classifies as lenders with up to $30 billion in assets – including giving examiners more ...

The lawmaker asked regulators to encourage lenders to be flexible with furloughed workers' temporary hardships. But a White House memo and comments by President Trump leave that prospect unclear.

Fifth Third will acquire Comerica for $10.9 billion in stock, the lenders said Monday, in what would be the largest bank deal announced thus far in 2025. The transaction, expected to close at the end ...

Don McCree is retiring after 10 years with the bank. Ted Swimmer, most recently the bank’s head of capital markets and advisory, has taken McCree’s former post.

Coinbase has been mulling such a move since April. Since then, other crypto firms such as Circle, Ripple and Paxos have applied for a national trust charter.

The Canadian lender’s executives detailed plans to slash costs by $1.8 billion a year and deepen customer relationships to make the bank more efficient while revving up revenue growth.