June 6, 2025
| Today’s news and insights for banking industry leaders
“It is more important to customers that banking works, than that banking is delightful,” said Fifth Third’s chief strategy officer and head of consumer products.
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The bank’s CFO, general counsel and two other executives are also set to receive multimillion-dollar bonuses over “ongoing and anticipated” work to integrate newly acquired Discover into the bank.
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A federal judge dismissed Yotta's September lawsuit against the lender for alleged misappropriation of millions. Yotta filed a new lawsuit Wednesday with a fresh “Ponzi scheme” accusation.
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Since the advent of ChatGPT, several banks are charging ahead to take primacy in harnessing the burgeoning technology. Explore the use cases for AI and machine learning technology in
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The public offering represents an “accelerant” for Circle as it seeks to establish itself at the heart of a new “internet financial system,” CFO Jeremy Fox-Geen said.
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Aron Levine will become group head and president of BMO U.S., effective July 7. Additionally, Ernie Johannson, one of the bank’s highest-ranking women executives, is retiring in early 2026.
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The shuttered Chicago-based lender had deposit liabilities of nearly $20.7 million unaccounted for in its core system, the regulator’s office found.
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As competition for deposits intensifies, tech-forward banks and credit unions are modernizing origination and engagement strategies. Join us to learn how to attract—and keep—deposit customers in this webinar.
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