Browsing: Banking

Truist plans to cut an undisclosed number of jobs in its technology division, a bank spokesman confirmed Tuesday. The reduction…

Goldman Sachs said on Monday its second-quarter net profit more than doubled to $3.04 billion from $1.2 billion a year…

Dive Overview: Wealth technology platform Envestnet has agreed to be acquired by Bain Capital and Reverence Capital in a $4.5…

Dive Overview: A federal jury in Manhattan on Wednesday convicted Archegos Capital Management founder Sung-Kook “Bill” Hwang on 10 of…

Following increased regulatory scrutiny of bank-fintech partnerships and a series of recent enforcement actions, regulators are now seeking further guidance…

According to court records, former FTX executives Nishad Singh and Gary Wang are scheduled to be sentenced later this year…

Forbright Bank’s compliance with the Community Reinvestment Act needs improvement. Updated Rating Issued by the Federal Deposit Insurance Corporation. The…

Sen. Elizabeth Warren (D-Mass.) last week expressed concerns about the frequency and nature of Federal Reserve Chairman Jerome Powell’s interactions…

Digitally native Genius Bank began offering its first product, personal loans, about a year ago. Its second product, a high-yield…

Despite all the buzz, generative artificial intelligence isn’t going to change banking — but it is poised to change how…