Smaller bank has a taste for big loans
A recent $450 million loan is par for the course at Beal Bank USA, which has developed a reputation for seeking out nine-figure loans backed by tangible property.
Wells Fargo taps head of consumer banking to lead on AI
Saul Van Beurden, Wells Fargo’s consumer banking CEO and former head of technology, will lead the way on harnessing artificial intelligence.
How BMO built an employee-driven social media strategy
The Montreal-based bank brought its earned media value up to $1 million by building an internal system for employees to share social posts about BMO.
CFPB says bank supervisors must take ‘humility oath’
The Consumer Financial Protection Bureau said the new oath was necessary because prior leadership engaged in what it describes as “thuggery” during exams. Former CFPB officials rejected the agency’s characterization of past actions.
SolarWinds and CISO cleared as SEC dismisses lawsuit
Regulators officially ended the high-profile enforcement action over the 2020 breach, a move applauded by security leaders fearing personal liability.
How to apply for American Banker’s Innovation of the Year 2026
Ten teams will be honored for executing the most innovative technology projects of 2025.
How to apply for The Most Innovative People in Finance
American Banker’s newest ranking will recognize 50 bank executives leading innovation at their companies or in the industry at large.
First Interstate adjusts chief banking officer role, again
Chris Shelper is now the sole chief banking officer at First Interstate BancSystem; Kristy Fercho joins LERETA’s board of directors; Truist Financial launches a business focused on private equity and family office transactions; and more in this week’s banking news roundup.
Why U.S. Bank is venturing into BNPL
The Minneapolis-based bank launched the Split Card, a Mastercard that turns purchases into three-month installment plans, in an effort to attract younger customers.
Digital-first VALT bank seeks denovo charter in Idaho
Former U.S. Bank veteran files for a de novo charter to launch VALT Bank, a tech-heavy business lender targeting ‘digitally demanding’ small businesses.