BankingPro

In a surprising turn of events on Wall Street, shares of Upstart Holdings Inc. plummeted more than 18% in after-hours trading following the release of its second-quarter 2025 ea...

Trump Accuses JPMorgan, BofA of Political Debanking, Eyes Executive Order

President Donald Trump has reignited a long-simmering debate over alleged discrimination in the financial sector, claiming that two major U.S. banks rejected his business due to hi...

Development Banks Shift to AI, ESG for Sustainable Global Finance

In the evolving world of international finance, development banks are undergoing a profound shift, moving from traditional lending models to purpose-driven strategies that prioriti...

Fifth Third Bancorp Expands to Alabama with Birmingham Office in 2024

A Strategic Push into the Southeast Fifth Third Bancorp, the Cincinnati-based regional banking giant, is making a bold move into Alabama as part of its broader Southeast ex...

White House Order to Fine Banks for Debanking Conservatives, Crypto Firms

The White House is poised to issue an executive order that could reshape how banks handle customer relationships, specifically targeting what administration officials describe as d...

Standard Chartered’s Hybrid Work Model Boosts Productivity and Retention

In the high-stakes world of global banking, where rigid hierarchies and face-time culture have long been the norm, Standard Chartered Plc is charting a contrarian path under CEO Bi...

TD Bank’s Ethical AI Approach Boosts Efficiency and Trust

TD Bank's Cautious Embrace of AI in Banking In the rapidly evolving world of financial services, TD Bank Group is navigating the integration of artificial intelli...

JPMorgan Chase Partners with Coinbase for Credit Card Crypto Funding in 2025

In a move that signals a deepening integration between traditional banking and the cryptocurrency sector, JPMorgan Chase & Co. has forged a strategic partnership with Coinbase Glob...

Banks Cautiously Adopt AI, Learning from Fintech Leaders

In the fast-evolving world of financial technology, major banks are navigating the adoption of artificial intelligence with a deliberate caution that balances innovation with regul...

Banks Face $57B Legacy System Costs: Modernize for AI Edge

The Imperative for Core System Modernization in Banking In an era where digital innovation is reshaping financial services, banks clinging to outdated core systems are faci...

Palantir, xAI, and TWG Join Forces to Revolutionize AI in Regional Banking

At the Milken Global Conference in Beverly Hills this week, Palantir Technologies’ CEO Alex Karp and TWG Global co-chair Thomas Tull detailed their latest...

Banks Accelerate AI Hiring as Efficiency and ROI Gains Emerge

Major U.S. banks are aggressively expanding artificial intelligence (AI) hiring as they increasingly look to technology for efficiency gains and revenue growth, according to execut...

Allianz Exec: Climate Change An Existential Threat To Capitalism

Günther Thallinger, a long-time executive and board member of Allianz—the world's largest insurer—is warning that capitalism will cease to be viable as a r...

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