A California real estate investor whose firm was accused by Western Alliance Bancorp of an almost $100 million fraud was criminally charged by the US, the latest fallout from a portfolio of commercial properties that sparked credit concerns at several banks last year.

Citigroup Inc. is preparing for a windfall from trading across asset classes, with momentum appearing more sustained than it did early last year, according to Chief Financial Officer Gonzalo Luchetti.

Abrupt changes in temperature are getting spikier as the planet warms.

Bank of Montreal is betting on artificial intelligence and quantum computing to help predict earthquakes and respond to wildfires as part of the Canadian bank’s expansion in the US.

Bank of Montreal is betting on artificial intelligence and quantum computing to help predict earthquakes and respond to wildfires as part of the Canadian bank’s expansion in the US.

PNC Financial Services Group Inc. said its exposure to private-credit firms stood at $7 billion, joining other big banks in shedding more light on such loans as investors fear possible spillovers from stress in the space into banks.

Freed from US punishment, the bank has become a stabilizing force in this linchpin of the world financial system

Amazon.com Inc. tapped U.S. Bancorp to be the issuer for two small business credit cards that the e-commerce platform is relaunching in the coming months.

Treasury Secretary Scott Bessent’s demand that lenders collect more information about international money transfers from a pair of counties in Minnesota has some of the biggest US banks racing to comply.

JPMorgan Chase & Co., Bank of America Corp. and Wells Fargo & Co. said they will match the US government’s $1,000 “Trump Account” contributions for eligible employees with children born between the beginning of last year and the end of 2028.

Shares of PNC Financial Services Group Inc. rose to four-year high after the regional bank reported a 9% increase in fourth-quarter revenue, beating analysts’ estimates as financing and dealmaking by middle-market customers accelerated.

U.S. Bancorp, the country’s largest regional bank, will acquire brokerage BTIG for as much as $1 billion as it looks to push deeper into investment banking and trading.

The six giants of US banking are expected to post their second-highest annual profit ever — a $157 billion haul — after riding out President Donald Trump’s dramatic policy changes.

Wells Fargo & Co.’s global-markets business is expanding into options clearing, a capital intensive and operationally arduous corner of finance dominated by Bank of America Corp. and Goldman Sachs Group Inc.

B. Riley Financial Inc. said it filed its overdue second-quarter report with US regulators, bringing the firm closer to satisfying demands from Nasdaq that will keep the stock from being delisted. The shares gained more than 20% in extended trading.

Wells Fargo & Co. Chief Executive Officer Charlie Scharf said artificial intelligence poses a significant opportunity to improve efficiencies and has the potential to influence companies’ headcount decisions.

Citizens Financial Group Inc. is seeking to expand its private banking business to more Northeast locations such as Philadelphia just two years after it got its start in the business.