Advisors think they're good listeners. 12K AI-tracked meetings suggest otherwise

Tuesday, September 1, 2026

The AI firm Jump used notetaker data to analyze thousands of discussions between advisors and clients. The results show advisors aren't as good at keeping their mouths shut as many think.

Zerohash refiles its trust bank charter application to OCC

Tuesday, September 1, 2026

The crypto firm has resubmitted its request for national trust bank charter from the federal agency after its first filing was quietly returned.

Bank of America VP was person killed in NYC stabbing

Tuesday, September 1, 2026

Erin Piacenti, 32, was a vice president at Bank of America. On her way home from work, she was stabbed to death in what New York police called a "random and unprovoked attack."

Altruist CEO Jason Wenk on blockbuster Vanguard deal and his 'life's work'

Tuesday, September 1, 2026

After his firm agreed to one of the most impactful deals in wealth management of 2026, Altruist CEO Jason Wenk sat down with FP to discuss the negotiations, his firm's strategy and the new tool he says can build higher-quality plans in much less time.

California bank ends waiting game, sells low-yielding bonds

Tuesday, September 1, 2026

Farmers & Merchants Bank of Long Beach took an $85 million loss on the sale of $1 billion worth of municipal bonds. It plans to reinvest the proceeds into higher-yielding loans and investments.

Proposed IRS, Treasury rules for Trump accounts take a 'prescriptive' approach

Tuesday, September 1, 2026

The proposed investment rules for Section 530A accounts, also known as Trump accounts, limit choices, and advisors say that could make decisions easier.

5 dystopian AI futures bankers heard about at Jackson Hole

Tuesday, September 1, 2026

Princeton Professor Markus Brunnermeier warned bank regulators to get ahead of the risks AI poses to banks and markets.

How a cross-border fintech manages the geopolitical storm

Tuesday, September 1, 2026

dLocal, whose clients include Amazon and Uber, is trying to build a global transaction network amid a heightened awareness of "payments sovereignty." Yang Yang Zhang, dLocal's new APAC head, spoke with American Banker about how the firm is managing the pressure.

House Republicans debut CFPB reform package

Tuesday, September 1, 2026

The Republican proposal would bring the CFPB under congressional appropriations and curb several of its regulatory powers.

Fed's Barr noncommittal on September rate hike

Tuesday, September 1, 2026

Markets are still pricing in an increase in the federal funds rate later this month, but Federal Reserve Gov. Michael Barr said his vote will depend on incoming unemployment and inflation data.