LATEST ARTICLES
Top Trader Is a Favorite to Succeed JPM CEO Dimon
Troy Rohrbaugh earned a reputation as a shrewd risk manager over two decades at JPMorgan. Now he’ll be running the bank’s sprawling consumer operation.
4 minute read
Big Banks Can Weather Severe Recession, Fed Says
The Federal Reserve said the nation’s largest banks could absorb $708 billion in losses and keep lending, though this year’s stress-test results won’t affect capital requirements.
3 minute read
Why a Big Bank’s New CEO Appointment Is Rocking Financial Stocks
Truist Financial, the ninth-largest bank in the U.S., said Michael Lyons will take over as CEO in September.
3 minute read
Forget ‘Too Big to Fail.’ How ‘Community’ Became the Most Controversial Word in Banking.
Regulators, lawmakers, and consumer groups are fighting over what it means to be a community bank. The debate has implications for lenders and borrowers everywhere.
Long Read
Trump Praises Citigroup Bankers in Post: ‘They’ve Worked Really Hard!’
President Donald Trump on Wednesday congratulated Citigroup for earning a top ranking in advising on mergers and acquisitions in the first quarter.
2 minute read
Big Banks Under Pressure to Address AI Risks
Congressional Democrats are calling on large banks to disclose how they plan to handle cyber threats.
2 minute read
Fed Seeks More Detail on Banks’ ‘Very Opaque’ Private Credit Lending
Federal Reserve Vice Chair for Supervision Michelle Bowman said regulators have launched a new effort to better understand how bank lending flows into private credit funds and other nonbank financial firms.
2 minute read
Citi Names New Head of Strategy as Jane Fraser Steers Bank Into ‘Next Phase’
Margo Pilic will be Citi’s new head of strategy, M&A, and investor relations.
2 minute read
SpaceX Plans Its ‘Money Product’ and Other Banking Takeaways From IPO Filing
SpaceX listed 23 banks—an enormous slate—as joint book-running managers for its IPO.
3 minute read
JPMorgan Urges Caution on Prediction Markets While Allowing Employees to Trade Them
New internal guidelines stop short of a ban, potentially allowing employees to trade on prediction markets involving the company itself.
4 minute read
Citi Stock Rises as Investor Day Gets Underway
Citigroup investors want CEO Jane Fraser to prove the bank can shift from turnaround to growth.
2 minute read
Anthropic Rolls Out New Claude Financial Agents
Anthropic’s latest set of Claude AI agents are built for banks, investment managers, and insurers.
3 minute read
Jane Fraser Turned Citigroup Inside Out. Now Comes the Hard Part.
Under the CEO, the beleaguered bank is in its 13th restructuring. Can Citi’s stock shed its longstanding reputation as an absolute dog?
Long Read
American Express Profit Jumps 15%. Affluent Spenders Are in Good Shape.
Spending by its typically affluent cardmembers grew at the highest quarterly rate in three years.
2 minute read
Citi Is Launching an AI Avatar Named Sky. The Bank is Betting Big on Agentic Tech.
Citigroup is betting that a new AI tool can improve its financial advisors’ productivity and attract new clients to its wealth-management business.
4 minute read
These Activist Investors Are Targeting Banks. An Exclusive Look at Their Latest Campaigns.
HoldCo’s Vik Ghei and Misha Zaitzeff are seeking changes at Beacon Financial and Bank of Hope. Why they focus on capital allocation.
Long Read
Big Bank Earnings Show Resilient Consumer
JPMorgan Chase, Citigroup, Bank of America, and Wells Fargo released first-quarter earnings this week.
2 minute read
of 20 pages