Bank of America Reports Earnings Season Starts with Strong Performance
US earnings season opens with strong bank performance as major institutions benefit from higher rates and resilient consumer spending.
Reports
Wells Fargo Reports 57% Profit Increase, Boosts Outlook for Interest Income
Wells Fargo reports a 57% profit increase and raises its outlook for interest income as higher rates boost the bottom line across consumer and commercial lending.
Hyperautomation in Financial Services: Moving Beyond RPA
Hyperautomation is pushing financial services beyond RPA into intelligent, end-to-end process automation. What is working, what is hype, and where the real gains are.
Data as Infrastructure: Building the Foundations for AI-Driven Banking
Data infrastructure is the foundation for AI-driven banking - but most institutions are still building on shaky ground. What it takes to get the data layer right.
The AI Reality Check: Where Banks Are Actually Creating Value
Where banks are actually creating value with AI - and where initiatives are failing, stalling, or delivering far less than promised.
Reports Suggest Government Considering 20% Increase in Bank Capital Requirements
US government reportedly considers imposing a 20% increase in capital requirements on major banks, a move that could reshape lending capacity and profitability.
U.S. Regulators Set to Impose 20% Hike in Capital Requirements on Major Banks, Reports WSJ
US regulators prepare to impose a significant capital requirement hike on major banks, with implications for lending, dividends, and strategic planning.
Fed Set to Skip June Rate Hike, Entering a Lengthy Pause before Potential Cuts, Morgan Stanley Reports
The Fed signals a pause in rate hikes after June, with Morgan Stanley forecasting a lengthy hold before potential cuts begin - reshaping the outlook for bank margins.
FDIC Reports Steepest Drop in US Bank Deposits in 39 Years at the Start of 2023
FDIC reports the steepest drop in US bank deposits in 39 years, as customers shift savings to higher-yielding alternatives amid the rising rate environment.
Bank of Japan reports first unrealized loss on government bonds in 17 years
The Bank of Japan reports its first unrealised loss on government bonds in 17 years, as global monetary tightening pressures reach Japanese fixed income markets.
AI in Banking: From Pilot Projects to Production-Scale Impact
AI in banking is moving from isolated pilot projects to production-scale impact. How leading institutions are bridging the gap between experimentation and enterprise value.
China's Loans Pushing World's Poorest Countries to the Brink of Collapse, Reports Indicate
China's overseas lending is pushing the world's poorest countries toward financial collapse, raising questions about debt sustainability and geopolitical leverage.