Michael del Castillo

Michael del Castillo is a former senior finance reporter at Fortune covering banking. He was a 2023–2024 Knight-Bagehot Fellow and has a master’s degree from Columbia Journalism School. Previously, he was a senior editor at Forbes, covering blockchain and cryptocurrency, and a reporter at CoinDesk, where he covered institutional interest in crypto. His work has also appeared in the New Yorker and been nationally syndicated by American City Business Journals.

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Attendees during the Bitcoin 2024 conference in Nashville, Tennessee, US, on Friday, July 26, 2024. The conference is an annual event organized by BTC Media LLC for fans of the original cryptocurrency. Photographer: Liam Kennedy/Bloomberg via Getty Images

Bitcoin users are mostly rich and white or Asian— FDIC survey

By Michael del Castillo

Latin American woman working at a delicatessen wearing a facemask while selling cold meat during the COVID-19 pandemic

Wells Fargo economist says cheap Thanksgiving meals will be more expensive this year

By Michael del Castillo

Goldman Sachs’ global head of private banking, Nishi Somaiya, talks with ColdTrack CEO Guy Ironi at Personal Liquidity Unplugged, a part of Goldman Sachs' annual Builders & Innovators Summit, on October 17, 2024.

Exclusive: The secretive Goldman Sachs pipeline that helps cash-poor founders tap into their vast wealth

By Michael del Castillo

Early Warning Services CEO Cam Fowler became Early Warning CEO in October 2023 after 14 years in the BMO Financial Group.

Election warning: Zelle CEO says elderly Americans and their families need to be on ‘heightened state of alert’ against scams

By Michael del Castillo

JPMorgan Chase CEO, Jamie Dimon speaks with Harlem restauranteur Melba Wilson and JPMorgan’s national head of community and business development, Diedra Porché, at the fifth anniversary of the Harlem community center branch on October 3, 2024.

JPMorgan’s latest growth strategy: challenging payday lenders on their home turf

By Michael del Castillo

Citi moves vital infrastructure to Google Cloud as part of broader AI push

By Michael del Castillo

James Gorman, chief executive officer of Morgan Stanley, speaks during a news conference in Tokyo, Japan, on Wednesday, May 12, 2010. Two weeks after Lehman Brothers Holdings Inc.'s bankruptcy triggered a global credit crisis, Morgan Stanley countered concerns that it might be next to go by announcing it had "strong capital and liquidity positions." Photographer: Tomohiro Ohsumi/Bloomberg via Getty Images

Morgan Stanley’s executive chairman rescued the bank during the Great Recession. Can he do the same for Disney?

By Michael del Castillo

FedEx founder and executive chairman Fred Smith on stage with Goldman Sachs CEO David Solomon at the 13th annual Goldman Sachs Builders & Innovation Summit on October 17, 2024 in Healdsburg, California.

FedEx founder says corporate data predicted the rise of Tesla and Nvidia—and can flag new trends

By Michael del Castillo

Candace Parker laughs in a black leather jacket.

Basketball great Candace Parker wants to buy a WNBA team—and an NBA team too

By Michael del Castillo

The BNY headquarters in New York, US, on Thursday, June 20, 2024. Bank of New York Mellon Corp. is scheduled to release earnings figures on July 12. Photographer: Jeenah Moon/Bloomberg via Getty Images

BNY becomes first bank in history with $50 trillion in assets under custody and administration on the way to a record quarter

By Michael del Castillo

WASHINGTON, DC – OCTOBER 10: U.S. Attorney General Merrick Garland (C), accompanied by from left, Principal Deputy Assistant Attorney General Nicole Argentieri, Deputy Attorney General Lisa Monaco, Garland, Deputy Treasury Secretary Wally Adeyamo, and Attorney Philip Sellinger for the District of New Jersey, speaks during a news conference at the Justice Department on October 10, 2024 in Washington, DC. Garland announced that TD Bank would plead guilty and pay $3 billion dollars in fines and penalties over money laundering-related charges after the bank made it convenient for criminals to open accounts and transfer funds for almost ten years. (Photo by Andrew Harnik/Getty Images)

Feds slap TD Bank with $3.1 billion in fines for money laundering of fentanyl trafficking and terrorist financing

By Michael del Castillo

A device designed to detect hacks manufactured by cybersecurity firm Fortinet is seen on display during the company’s Informational Security Carnival in Taipei on November 23, 2023. (Photo by I-Hwa CHENG / AFP) (Photo by I-HWA CHENG/AFP via Getty Images)

UBS ‘quantimental’ framework identifies a surprise U.S. company as its highest ranking stock

By Michael del Castillo

Photo of Elena Gallo

Wells Fargo’s new government banking boss seeks to expand portfolio of 3,000 clients

By Michael del Castillo

Banks are omitting data about race from home loans—preventing researchers from identifying racist lending and its solutions

By Michael del Castillo

A man with a briefcase walks the streets of Midtown Manhattan, home to many of the world's banks.

Banks bet on a tech surge. It’s paying off big time as AI, software bring ‘sea change’ in productivity

By Michael del Castillo