U.S. Bank names Gunjan Kedia CEO
U.S. Bank has named Gunjan Kedia chief executive, effective April 15. Kedia will succeed CEO Andy Cecere, who will serve...
Banking
Trump 2.0 regulatory pullback may spark change
Leaders at financial institutions across the country are expecting the second term of President Donald Trump to bring regulatory pullback,...
Podcast: Banks as tech providers for SMB clients
Small business owners are looking to banks to provide data, tools and analytics to help them make more informed financial...
Goldman launches internal gen AI assistant with 10K employees
Goldman Sachs and Citi both rolled out AI products to kick off 2025. Goldman on Jan. 22 released its generative...
HSBC shuts down cross-border payments app
HSBC is closing its retail cross-border payments app Zing just one year after its launch to focus on the bank’s...
Ally sells credit card business, aims to exit mortgage
Ally Financial has sold its credit card business to credit card service provider CardWorks and its subsidiary, Merrick Bank, for...
Transactions: Ally sells $2.3B credit card business to CardWorks
Ally Financial has sold its credit card business to credit card service provider CardWorks for an undisclosed amount, the bank...
Fifth Third expands branch network, doubles down on tech
Fifth Third Bank is expanding its branch network in the Southeast and doubling down on its tech investments to grow...
KeyBank to up tech spend by 10% in 2025
KeyCorp, the parent company of $187 billion KeyBank, expects higher expenses in 2025, with technology initiatives among its investment priorities....
Capital One restores service to most customers
Capital One made progress during the weekend as it worked to restore outages that started Jan. 15, caused by technical...
