The transaction, expected to close in the fourth quarter, will take the publicly traded wealth technology platform private.

The bank looked for a boost from higher fees in investment banking as it aims to reduce its reliance on net interest income.

The bank shook off fresh penalties by reporting skyrocketing revenue in its banking unit. It’s no wonder Citi granted $41 million to its banking chief. But a rival for that job may be glad he left.

Use of data-sharing protocols among banks could warn customers before they send money, said Carl Slabicki, a BNY executive.

The bank has made insufficient progress toward resolving nagging data quality, risk management and internal control issues, the OCC and Federal Reserve said Wednesday.

JPMorgan, the lawmakers noted, was the top financier to fossil fuel companies last year, according to a report funded by nonprofits including the Sierra Club and Rainforest Action Network. The bank ...

A spate of moves appears to elevate Neil McLaughlin as a contender to succeed Dave McKay as CEO, but that transition may not be soon. The bank did not disclose the future of its still-interim CFO.

Bill Hwang was found guilty of 10 out of 11 criminal counts, while former CFO Patrick Halligan was found guilty of all three counts he faced, including fraud and racketeering.

Rules of the road” for bank-fintech tie-ups could help banks that partner with fintechs better manage third-party risks, he said.

The fintech's gen AI-powered search engine, currently in beta, is set to be launched by end of summer, CEO Dee Choubey said.

It's difficult to imagine doing AI at scale without a solid foundation of experience using and scaling applications in cloud,” said Aparna Sinha, the bank’s senior vice president and head of AI ...

The central bank chair engaged in a heated back-and-forth with the senator, and also weighed in on CRE, Chevron deference and liquidity in hearings this week.