Tariff angst ‘puts everyone on their back foot’: Flushing Bank CEO
John Buran shares how his New York bank and its small business customers are faring with tariff uncertainty — and how some have quickly changed suppliers and modified business plans — in the latest American Banker podcast.
FDIC Board of Directors Meeting
BOARD MEETING | JULY 15, 2025 FDIC Board of Directors Meeting Today, the Federal Deposit Insurance Corporation’s Board of Directors met in open and closed sessions. Materials and information relative to the open Board actions are available on the Board Matters webpage. Items addressed in Open Session: Notice regarding Proposed Amendments to FDIC Guidelines for […]
How FV Bank is preparing for a wave of stablecoins
Miles Paschini, CEO of blockchain specialist FV Bank in Puerto Rico, says he expects a ton of new stablecoins. Here’s why he’s not worried about getting buried in a mountain of crypto.
The retail branch is a key platform in banking’s digital age
The modern bank branch is not a museum piece. It is a platform. And in the hands of forward-thinking leaders, it is ready to lead the next era of the banking industry’s evolution.
Uptick in CPI inflation complicates case for rate cuts
The Bureau of Economic Analysis said the consumer price index rose to 0.3% in June to an annualized rate of 2.7%, making the case to cut interest rates more difficult for the Federal Reserve to justify at its next meeting later this month.
Citi beats expectations, with help from markets and wealth
Citigroup’s revenues rose 8% during the second quarter, largely due to gains in each of its five core businesses. Wealth topped the list, with profits up 20% year over year.
Wells Fargo’s post-asset-cap results top estimates
A jump in fee income helped the San Francisco-based bank boost second-quarter earnings per share by 20% from a year ago. Total assets, which had been restricted to $1.95 trillion under a government penalty, were $1.98 trillion on June 30.
JPMorganChase delivers $15B bottom line, ups 2025 guidance
Chairman and CEO Jamie Dimon said in a Tuesday statement that “the U.S. economy remained resilient” during the second quarter, adding that the recent tax cuts and potential deregulation are “positive for the economic outlook.”
BNY beats expectations in Q2, fueled by fee revenue and NII
Bank of New York Mellon’s net income, revenue and earnings per share all surpassed Wall Street’s estimates in the second quarter of 2025.
Ally made a bet on women’s sports. Now it’s winning big.
Since 2022, when Ally Financial decided to heavily invest in women’s sports, the popularity of female leagues has exploded. Here’s how Ally managed to ride the wave — and what other banks can learn from it.