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Three GOP leaders of the House Financial Services Committee, including Chairman Patrick McHenry, say they'll explore possible connections between the agency's alleged "toxic" work culture and its staffing shortages that may have contributed to this year's banking crisis.

The bombshell investigation into pervasive sexual misconduct at the Federal Deposit Insurance Corp. has spurred some senators to call for FDIC Chair Martin Gruenberg's resignation. If he can't right the ship, then he should step aside.

Citi's global commercial bank head talks about why understanding your clients is critical for bankers.

The digital lender's product comes amid soaring expenses for homeowner's coverage.

J.D. Power ranked 16 annuities in terms of customer satisfaction. Here are the winners and losers.

CSAA Insurance Group will use the Arity IQ Network, which uses driving behavior data to quote auto insurance policies.

Warren Buffett's Berkshire Hathaway faces accusations it violated the terms of a more than $10 billion acquisition of truck-stop-chain Pilot Travel Centers by changing the accounting methods used to value part of the deal, according to an unsealed lawsuit.

Digital Insurance is fielding its 2024 Predictions survey about technology and issues affecting insurance.

Apple iPhone 15 and 14 users in the U.S. will have access to the service via a satellite.

As part of the deal, Anthropic will move most of its software to Amazon Web Services data centers, and use the cloud computing company's homegrown chips to train the models it uses to power chatbots and other applications.

Federal Reserve Board Gov. Lisa Cook said artificial intelligence holds great promise for the economy, but stressed the importance of human choice in decision making, both financial and otherwise.

The artificial intelligence revolution has arrived. NYC's CTO, Matthew Fraser, tells American Banker's Executive Editor of Technology, Penny Crosman, how new technology is shaping policy in America's largest city.

A new research report from ReSource Pro examines how insurance tech vendors' strategies are evolving in the competitive labor market.

Some worry the proposed regulations could make it more difficult for small and midsized businesses to obtain coverage in case of disaster.

Warren Buffett's firm ramped up its reinsurance exposure to the state, looking to take advantage of rising prices.

Google's cloud clients will be able to access Meta's Llama 2 large language model, as well as AI startup Anthropic's Claude 2 chatbot, to customize with enterprise data for their own apps and services.

The Fed said on Tuesday that Birmingham, Alabama-based Regions failed to properly monitor home equity loans and lines of credit, in part because of changes in servicing platforms.

"The main climate factors expected to influence the 2023 Atlantic hurricane activity are the ongoing El Nino and the warm phase of the Atlantic Multi-Decadal Oscillation, including record-warm Atlantic sea surface temperatures," said NOAA's Matthew Rosencrans.

Putting the pressure on employees to return to the office could cost financial companies their leadership.

Berkshire Hathaway Inc. contended with rising prices, a troubled insurance market and a dearth of deals in the second quarter.