The profits are almost beside the point
Goldman Sachs’ earnings were stellar, and the other major will likely also be strong; but the details beyond the bottom line that are worth paying attention to.
CFPB hiring litigation attorneys while cutting enforcement
The Consumer Financial Protection Bureau, which has dismissed scores of enforcement attorneys early in President Donald Trump’s second term, is staffing up its litigation arm in anticipation of defending its rules in court.
AI agents are going rogue. Here’s what banks can do about it
Autonomous large language models sometimes do things they absolutely should not, such as suddenly go off and mine cryptocurrency. Here’s what AI-forward banks can do about this problem.
Press Release: FDIC Announces Four Senior Leadership Appointments
PRESS RELEASE | APRIL 13, 2026 FDIC Announces Four Senior Leadership Appointments WASHINGTON – The Federal Deposit Insurance Corporation (FDIC) today announced the appointment of the following personnel to serve in senior leadership positions: Benjamin Olson has been appointed Director of the FDIC’s Division of Depositor and Consumer Protection (DCP). Prior to his appointment, Mr. […]
FHA’s Cassidy on leave, Ginnie Mae’s Gormley filling in
The president of an affiliate mortgage securitization guarantor is taking on the responsibilities associated with the Federal Housing Administration role.
Exclusive: HSBC extends tokenized deposit service to US
The move is the first cog in a wider plan to make tokenized deposits more interoperable across borders, and eventually, among the bank’s clients.
ICBA outlines wins, concerns in housing policy push
Bills in Congress, capital rules, GSE reform and credit modernization hold a mix of benefits and risks for Independent Community Banker of America members, Senior Vice President Ron Haynie says.
Goldman surges past expectations, despite global tumult
Earnings per share and net income for the New York megabank both surpassed analysts’ estimates in the first quarter, despite the ongoing war in the Middle East and rising inflation.
In assessing competitors, bankers should take a lesson from the GOAT
Former NFL quarterback Tom Brady knew his opponents better than they knew themselves. Smart bankers should too. Here’s a 10-point “wristband playbook” for mastering banking’s other KYC: know your competition.
Bank earnings reflect the fog of war, the fog of AI
First-quarter earnings will provide insights into how the Iran war is affecting consumers and how AI is changing banks.