Investors dumped financial shares on fears that Meta's AI agent could disintermediate banks, insurers and travel intermediaries.

India's insurance regulator proposed five-year expense caps and tighter rules on bancassurance commissions, prompting a sharp selloff in banks, NBFCs and insura

The quarter reflected strong trading and investment banking results at the largest US bank.

The leadership change comes as Wells Fargo works to satisfy regulators after years of consent orders.

The payroll and HR services provider beat estimates but unchanged overall guidance left some investors unimpressed.

The effort would let large banks settle deposits on blockchain rails, a step toward broader tokenized payments infrastructure.

Bank of America's co-president cited clearly identifiable returns from AI as questions grow about how quickly the spending pays off.

Regulators are examining how much risk lenders carry from prime brokerage relationships with trading firms.

The bank's research argues AI adoption can lift fee income and cut costs across the sector.

Goldman Sachs is leaning on excess capital to expand dealmaking activity relative to peers.

Indian equities suffered a broad selloff with financials among the biggest drags on the index.

JPMorgan shares slid with the wider bank sector even as it announced a large sovereign wealth partnership.

Canadian banks are among those studying tokenized deposits as a way to speed up and cheapen payments.

A charter would let the Chicago-based lender expand credit products and lower its funding costs.

The Dutch payments processor fills its CFO vacancy with a hire from Swedish fintech Klarna.

Goldman Sachs and Morgan Stanley were among buyers in the block deal for the Indian e-commerce firm.

The refinancing covers the 2.4 million square foot mall outside Chicago, a test of commercial mortgage credit for retail properties.

The financing would refinance a large industrial real estate portfolio held by Blackstone's nontraded REIT.