Santander UK board chair steps down
Santander UK’s William Vereker announced Jan. 28 he is stepping down from his role as board chair of Santander UK...
Banking
Cloud migration drives Citi’s AI efforts
The $2 trillion Citi is tapping the cloud to scale up its AI capabilities, recently launching three gen AI-driven productivity...
Citi, Google, Cockroach: 3 reasons to prioritize a multicloud strategy
Most financial institutions migrating their applications to the cloud are opting for a multicloud strategy as they prioritize resiliency, security...
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...
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...
