Judge approves BofA’s $72.5 million deal with Epstein victims
U.S. District Judge Jed Rakoff called the agreement “fair, reasonable and adequate,” clearing the way for lawyers to begin distributing money to about 90 women who were sexually abused or trafficked by Epstein and the people around him.
Behind the shiny new technology, you always need a human banker
Banks are investing in ever-more capable technology, from new banking apps to AI-enabled back-office systems. But what keeps customers coming back continues to be their relationships with real bankers.
Here’s what a CLARITY-free crypto market structure looks like
As prospects for the CLARITY Act dim, some agencies are moving to develop their own crypto-related frameworks, but questions remain about how those rules will affect the banking sector and how durable they will be.
What’s driving activist investors, and how banks can be ready
Data suggests that bank-focused shareholder activism in 2026 could exceed last year’s activity, as investors continue to seek managerial and operational changes.
The banker’s guide to back-to-school 2026
As summer comes to an end, there are a surprising number of things to keep an eye on. Here is American Banker’s handy cheat sheet for the rest of the year.
Truist, Fifth Third pause sales tied to life-insurance probe
The banks are tapping the brakes on their role as sale channels for Delaware Life Insurance Co. amid a U.S. investigation of billionaire financier Mark Walter’s sprawling business empire.
What bankers expect from bank M&A this year
Mergers have been rising during the second Trump administration. That’s likely to continue, experts say. Here’s the state of M&A in the banking industry.
Small firms hate SBA’s new size standards; lenders are intrigued
The Small Business Administration’s proposed rule increasing the size of firms eligible for government-backed loan programs could boost the appeal of SBA loan programs to banks and credit unions, but it’s drawing sharp criticism from smaller firms.
What banks can do about the latest Chinese hacking campaign
Financial institutions were among 300-plus U.S. organizations robbed in a 2024 campaign.
Advisors rethink Roth IRA conversions after the OBBBA
The 2025 tax law changed the factors involved in the decision to convert a traditional IRA to a Roth.