Most Powerful Women in Banking: Next; plus, an activist takes on bank AI

The Most Powerful Women in Banking: Next 2023 Here's our annual list of 15 rising stars in banking and finance aged 40 and younger.

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Natasha Lamb made big banks report gender pay gaps. Now she's after AI. The managing director of Arjuna Capital led a successful shareholder activist campaign in 2018 that led to dozens of large companies reporting their true gender pay gap numbers. Now she is pursuing companies who are moving too fast with advanced AI.

Flashing yellow: Rate hikes exacting a toll on banks' credit quality. Several community banks noted an uptick in problem loans in second-quarter earnings reports. Small lenders should brace for more of this, industry observers noted.

How banks can learn to stop worrying and love the Fed's discount window: Two of the three midsize banks that failed this spring were unprepared to access the Federal Reserve's discount window, limiting regulators' ability to inject cash at a pivotal moment. Regulators say that experience should be a wake-up call.

Today in bank earnings: Western Alliance back on track in 2Q, seeing business pipelines build; M&T won't resume buybacks despite lower capital buffer; U.S. Bank says growth, cost savings from Union Bank deal set to kick in; Citizens boosts fee income, plans to further expand wealth management business; Ally says auto market remains attractive since others are pulling back; First Horizon's hustle won it new customers. Now it needs to keep them.