Circle: Agentic’s Uber moment hasn’t arrived, yet
Like most payment companies and banks, the stablecoin firm is lining up a suite of services for demand that hasn’t quite materialized, but likely will – in some form.
Mortgage rates surge to 9-month high amid market turmoil
With the 10-year Treasury yield at levels not seen in 52 weeks, the 30-year fixed rate mortgage rose 15 basis points over last Thursday, Freddie Mac said.
Bankers need to start viewing AI as a solution rather than a threat
Artificial intelligence has the potential to vastly improve many of the services banks deliver. It should be viewed as a catalyst to spark the next evolutionary phase of banking, not a harbinger of doom.
Which bank CEOs got the biggest raises last year
Bill Demchak of PNC Financial Services Group got a $10 million raise in 2025. It was the largest pay bump, on a dollar basis, among a group of more than 50 bank CEOs.
AI agents help uncover crypto crime
AI is being used to help investigate red flags and to chat with criminals to find out more about their tactics.
Those ‘just in case’ credit provisions may come in handy
Banks are increasing their loan-loss provisions, though they say the additions are just precautionary. Are they really?
What’s a banker to say when charge-offs are microscopic?
BOK Financial and Atlantic Union Bankshares are among the lenders with very low rates of bad loans. They’re telling investors it won’t last forever.
More Citi shareholders vote ‘no’ on say-on-pay
Support for Citi’s annual say-on-pay resolution fell steeply, with about 60% of shareholders voting in favor of the bank’s 2025 executive-compensation program. The decline is likely related to a one-time equity award to CEO Jane Fraser and concerns about how the bank determines incentive pay.
House passes their version of housing legislation, 396 to 13
The House passed housing legislation that includes a slightly pared-down institutional investor housing ban, as well as a raft of community bank measures.
Trump issues EO to revisit Fed master accounts for fintechs
The White House issued an executive order Tuesday requesting that the Federal Reserve review access to payment accounts for fintechs and digital asset firms.