Bank examiners already have a good template for regulating AI
Recent federal guidance stopped short of issuing rules for banks’ artificial intelligence use, but bank examiners already have some tools they can deploy to make sure these systems operate safely.
What long-end crowding on the yield curve means for the Fed
As tech firms increasingly rely on debt to build out their artificial intelligence buildouts, long-dated U.S. Treasuries are facing heightened competition.
How Chase, BofA, Wells are luring borrowers in a 7% market
Chase Home Lending announced a limited-time rate sale, while Citizens Bank and Bank of America are focused on building up affordability programs.
SBA faces blowback over plan to redefine small business
While bankers generally seem to support a draft rule that would make larger companies eligible for SBA loans, smaller firms and Democratic lawmakers have panned the proposal.
It’s not just the Fed: Small biz fintechs feel the pinch
Payment firms that also lend money said the Iran war, Canada trade war and other tariffs were already pressuring small businesses. Here’s what some lenders are trying to do about it.
Latest leadership shuffle shows Wells Fargo is in new phase
Scott Powell, who was hired by CEO Charlie Scharf to help fix the bank’s regulatory problems, is moving into the chief risk officer role.
AGs warn Congress that AI threatens the financial system
Federal banking agencies spent the year putting agentic AI outside their guidance. The attorneys general want Congress to move the opposite way.
BofA, seeking to extend careers, will train more apprentices
Even as it also spends big on AI, Bank of America is sending a clear signal that human workers will still play an important role in tomorrow’s workforce.
How more BNPL usage is increasing risk for banks
Sixteen percent of consumers took out a buy now/pay later loan in 2025, according to the Federal Reserve, as more low-income consumers turn to the short-term installment loans for everyday expenses such as groceries. That’s creating a blind spot for banks that underwrite consumer credit.
Why AI models favor fintechs over traditional banks
In conversations about small business banking, ChatGPT, Gemini and Perplexity recommended Mercury far more often than licensed financial institutions.