Explore the recent trend of US banks closing branches due to the rise of online banking and digital solutions.

Bank of America released Q2 2026 results and investor materials, giving markets a read on lending, deposits, capital markets, and consumer banking.

(Reuters) -JPMorgan Chase has given Marianne Lake, widely seen as a potential successor to CEO Jamie Dimon, the additional responsibility of managing its overseas consumer banking arm and strategic growth office, according to an internal memo on Tuesday. The change comes as incumbent Sanoke Viswanathan resigned as the CEO of JPMorgan’s international consumer and wealth unit. Viswanathan will join as the CEO of FactSet from September, the financial data provider said. Lake is currently the CEO of JPMorgan’s domestic consumer and community banking arm, which serves more than 84 million consumers in the United States. JPMorgan’s international consumer banking business has gained over 2.5 million customers in the UK, and is set to expand across continental Europe and beyond, CEO Jamie Dimon and President Daniel Pinto said in the memo seen by Reuters. Viswanathan, 50, spent more than a decade at the Wall Street giant, and was also a member of JPMorgan’s operating committee. He also oversaw the bank’s international private bank and workplace solutions businesses within the asset and wealth management unit. While leading JPMorgan’s strategy for many years, Viswanathan oversaw many of the bank’s investments and acquisitions. With valuations skyrocketing in 2024, many investors are uneasy putting more money into stocks. Sure, there are always opportunities in the stock market – but finding them feels more difficult now than a year ago. Unsure where to invest next? One of the best ways to discover new high-potential opportunities is to look at the top performing portfolios this year. ProPicks AI offers 6 model portfolios from Investing.com which identify the best stocks for investors to buy right now. For example, ProPicks AI found 9 overlooked stocks that jumped over 25% this year alone. The new stocks that made the monthly cut could yield enormous returns in the coming years. Is JPM one of them?

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HB 259 would broaden the Access to Banking Act to let Maryland's MCIV Fund support consumer banking products and create incentives for banks to open Maryland Opportunity Accounts, aiming to extend financial services and affordable accounts to low‑ and moderate‑income communities.