Senate report: KPMG ignored red flags before 2023 bank failures

A report from Democratic staff on the Senate Permanent Subcommittee on Investigations said accounting firm KPMG gave Silicon Valley Bank, Signature Bank and First Republic clean audits despite internal warnings, fraud allegations and apparent risks of failure.

2025 The Most Powerful Women in Banking Top Team: U.S. Bank

The bank launched Business Essentials, a bundled suite of banking and payment services, following more than a year of development by a cross-functional team from business banking, branch and small business banking, payments, sales and technology teams.