Banks · leaders · research and patents

Which large banks lead in AI research, patents and partnerships?

Data as of Oct 6, 2026 · 140 banks profiled · 124 with evidence · 81 sources cited · page updated Oct 15, 2026

By the patents, research collaborations, model-provider deals and venture activity on the record, the large banks that lead are USAA, TD Bank Group, BofA, HSBC and RBC: USAA (Issued patents / of which AI-space: More than 3,000 / more than 240 (Apr 23, 2026)); TD Bank Group (Share of bank AI research publications, 2024: 4% (fifth among banks); Layer 6 had filed…); BofA (AI/ML patents and applications: ≈ 1,100 (Oct 1, 2024)); HSBC (Patents and research papers: More than 50 active patents, about 150 pending…); RBC (Patent filings since 2019: 1,200+, of which 635 related to AI (Oct 31, 2025)). 124 of the 140 profiled banks have a patents-and-partners record; 55 disclose patents (grants and filings are labelled separately, because a filing is not a grant).

Data as of Oct 6, 2026 · 140 banks profiled (120 US, 20 non-US) · 124 with evidence on this topic · 81 sources cited below · ranked answer, not a comparison

Which banks disclose the most AI patents, research deals and partnerships?

The 30 highest of 124 banks with a patents-and-partners section on their page. Patents: the bank's disclosed count where it gives one, otherwise the rows listed (grants versus filings or applications). Providers: foundation-model and cloud-AI vendors named as partners. Ventures and research: investments, venture arms, labs, universities and open-source bodies named.

#BankPatents (grants vs filings)Model providers namedVentures, labs and research partnersRecordStatusDateSources
1USAAIssued patents / of which AI-space: More than 3,000 / more than 240 (Apr 23, 2026)Google Cloud (Vertex AI, Gemini), Amazon Web Services (Bedrock), Snowflakenone listed15 rows · score 3515 partnership and patent rowsAug 5, 2026USAA ↗ · American Banker ↗ · Bank Automation News ↗
2TD Bank GroupShare of bank AI research publications, 2024: 4% (fifth among banks); Layer 6 had filed more than 60 patent applications by February 2024 (Sep 25, 2025)OpenAI, Microsoft (Azure, GitHub Copilot), Cohere, AnthropicOpenAI, MIT Media Lab sAIpien15 rows · score 3215 partnership and patent rowsSep 22, 2026Banking Dive ↗ · American Banker ↗ · VentureBeat ↗
3BofAAI/ML patents and applications: ≈ 1,100 (Oct 1, 2024)OpenAIBERT and OpenNLP, Agentic commerce principles14 rows · score 3114 partnership and patent rowsOct 1, 2026Bank of America Newsroom ↗ · Banking Dive ↗ · Bank of America (PR Newswire) ↗
4HSBCPatents and research papers: More than 50 active patents, about 150 pending applications, more than 50 research papers (Jun 19, 2026)Google Cloud and Google DeepMind, Google AML AI (Dynamic Risk Assessment), Mistral AI, Microsoft, Microsoft, ANZ and Lloyds, OpenAIPromenaut18 rows · score 3118 partnership and patent rowsOct 9, 2026HSBC Holdings plc ↗ · HSBC Holdings plc ↗ · Google Cloud (PR Newswire) ↗
5RBCPatent filings since 2019: 1,200+, of which 635 related to AI (Oct 31, 2025)Cohere, NVIDIA, Anthropic and DatabricksNVIDIA, Vector Institute, MIT FinTechAI@CSAIL10 rows · score 2610 partnership and patent rowsJul 30, 2026Royal Bank of Canada (SEC filing) ↗ · Royal Bank of Canada (PR Newswire) ↗ · FinAi News via ABA ↗
6MUFGno patents disclosedOpenAI, Google, Amazon Web Services, Microsoft, Anthropic and OpenAI (cyber models)Sakana AI, Microsoft, LayerX, Third Intelligence22 rows · score 2622 partnership and patent rowsOct 8, 2026Mitsubishi UFJ Financial Group, Inc. ↗ · OpenAI ↗ · Mitsubishi UFJ Financial Group, Inc. ↗
7Goldman4 grants · 0 filings or applications listedAnthropic, OpenAI, Google, Meta, Microsoft, Ode with Anthropic, OpenAI DeployCo, NVIDIA compute-financing platformCognition (Devin), OpenAI DeployCo, FINOS Legend, FINOS common controls for AI services14 rows · score 2514 partnership and patent rowsAug 10, 2026CNBC ↗ · Investing.com ↗ · CNBC ↗
8Amex5 grants · 0 filings or applications listedAnthropic (Claude), Google Agent Payments Protocol (AP2), GitHub CopilotTraversal, Nekuda, Bluefish, Fazeshift15 rows · score 2515 partnership and patent rowsAug 11, 2026American Express ↗ · Google Cloud ↗ · VentureBeat ↗
9TruistPatent filings: +63% in a year; nearly half AI (Jun 11, 2026)SnowflakeRogo (via Truist Ventures)10 rows · score 2410 partnership and patent rowsSep 14, 2026Truist ↗ · Personetics ↗ · Truist via FT Markets ↗
10BNYEmployees on Eliza / AI solutions / digital employees / AI patent applications: 99% / 160 / 134 / > 60 (Dec 31, 2025)OpenAI, Google Cloud, Anthropic, Microsoft, NVIDIAQuantexa, OpenAI, Google Cloud, Microsoft15 rows · score 2415 partnership and patent rowsJun 17, 2026BNY (SEC filing) ↗ · The Wall Street Journal ↗ · OpenAI ↗
11U.S. Bank5 grants · 0 filings or applications listedAmazon Web Services, OpenAI, Anthropic, Google models, Cognition, Claude Code, MicrosoftOpenAI, Anthropic, Google models13 rows · score 2313 partnership and patent rowsJul 30, 2026Banking Dive ↗ · American Banker ↗ · U.S. Bank ↗
12HSBC USAActive patents / pending applications (group): 50+ / ≈ 150 (Jun 19, 2026)Google Cloud, Google Cloud AML AI (Dynamic Risk Assessment), Mistral AI, Microsoft, Microsoft, ANZ and Lloyds, OpenAI, Amazon Web Servicesnone listed11 rows · score 2311 partnership and patent rowsOct 9, 2026HSBC ↗ · HSBC ↗ · Google Cloud (PR Newswire) ↗
13TDLayer 6 use cases / patents: ≈ 100 / 150+ (Jan 16, 2026)Microsoft (Azure), OpenAI, GitHub Copilot, CohereOpenAI, MIT Media Lab sAIpien12 rows · score 2212 partnership and patent rowsSep 22, 2026TD Bank Group ↗ · American Banker ↗ · VentureBeat ↗
14BMO1 grant · 1 filing or application listedMicrosoft Copilot, FIS and Anthropic, AWS and FICO, Google Cloud and CME GroupRadical Breakouts Fund, FINOS, IBM Quantum Network, Chicago Quantum Exchange15 rows · score 2215 partnership and patent rowsSep 15, 2026Bank of Montreal (SEC filing) ↗ · Business Wire via FT Markets ↗ · American Banker ↗
15Northern Trust2 grants · 2 filings or applications listedSnowflake and Open Semantic Interchange, Microsoft 365 Copilot, Microsoft Dynamics 365 Copilot for Service and Service Agent, GitHub CopilotEquity Data Science11 rows · score 2211 partnership and patent rowsAug 10, 2026Northern Trust (Business Wire via Yahoo Finance) ↗ · Northern Trust ↗ · Investing.com ↗
16UBS (US)2 grants · 0 filings or applications listedMicrosoft Azure OpenAI Service and Azure AI Search, Microsoft 365 Copilot, OpenAI and SynthesiaDomino Data Lab, Finster AI (with FactSet), OpenAI and Synthesia, Oxford-UBS Centre for Applied AI9 rows · score 229 partnership and patent rowsOct 13, 2026Microsoft Customer Stories ↗ · Financial Planning ↗ · UBS Group (SEC filings) ↗
17UBS Group AG2 grants · 0 filings or applications listedMicrosoft Azure OpenAI Service and Azure AI Search, Microsoft 365 Copilot, OpenAI and SynthesiaDomino Data Lab, Finster AI (with FactSet), OpenAI and Synthesia, Oxford-UBS Centre for Applied AI11 rows · score 2211 partnership and patent rowsOct 14, 2026Microsoft Customer Stories ↗ · UBS Group AG ↗ · Financial Planning ↗
18Citi4 grants · 0 filings or applications listedGoogle Cloud, Google DeepMind and Gemini, Anthropic (Claude), GitHub CopilotFINOS12 rows · score 2112 partnership and patent rowsJun 1, 2026PR Newswire ↗ · Citigroup (PR Newswire) ↗ · Banking Dive ↗
19Synchrony4 grants · 0 filings or applications listedOpenAI, Amazon Web Services (Bedrock), Google (Agent Payments Protocol)Bliss Aesthetics (Synchrony Ventures), University of Illinois Urbana-Champaign12 rows · score 2112 partnership and patent rowsSep 30, 2026Synchrony (PR Newswire) ↗ · Finextra ↗ · Synchrony ↗
20BMO Financial Group1 grant · 0 filings or applications listedMicrosoft Copilot, FIS and Anthropic, Anthropic Claude, AWS and FICO, AWS Training and CertificationRadical Ventures Breakouts Fund, FINOS, IBM Quantum Network, Quantum Industry Canada and Chicago Quantum Exchange18 rows · score 2118 partnership and patent rowsSep 15, 2026Bank of Montreal (SEC filing) ↗ · The Globe and Mail (Canadian Press) ↗ · FIS (Business Wire via FT Markets) ↗
21Deutsche Bank (U.S.)0 grants · 1 filing or application listedGoogle Cloud (Gemini, Vertex AI), Gemini Enterprise for Financial Services, GitHub Copilot and Gemini Code AssistFarsight, Aleph Alpha, finaXai, Google Cloud (Gemini, Vertex AI)13 rows · score 2013 partnership and patent rowsOct 14, 2026Google Cloud ↗ · Google ↗ · Finextra ↗
22JPMorgan2 grants · 0 filings or applications listedAnthropic Project Glasswing, OpenAI GPT-4 (IndexGPT), Nvidia open-source agent safety toolsOpenAI GPT-4 (IndexGPT), Nvidia open-source agent safety tools, OQC and AMD Quantum-AI Data Centre11 rows · score 1911 partnership and patent rowsSep 28, 2026Anthropic ↗ · CNBC ↗ · American Banker ↗
23State Street4 grants · 0 filings or applications listedMicrosoft, Amazon Web Services, Snowflakenone listed9 rows · score 199 partnership and patent rowsJul 16, 2026Motley Fool (Yahoo Finance) ↗ · CIO Dive ↗ · VentureBeat ↗
24Citizens3 grants · 0 filings or applications listedMicrosoft (Copilot, Azure), GitHub Copilot and coding agent, AWS (cloud, Bedrock), OpenAI and Anthropic models, MongoDB Atlas on AWSnone listed12 rows · score 1912 partnership and patent rowsMar 27, 2026American Banker ↗ · Banking Dive ↗ · American Banker ↗
25City National3 grants · 0 filings or applications listedCohere, NVIDIA, Anthropic and DatabricksBorealis AI, MIT CSAIL FinTechAI8 rows · score 198 partnership and patent rowsJun 9, 2026RBC ↗ · American Banker ↗ · RBC via PR Newswire ↗
26Bank OZKPatents and applications assigned to the bank's names: 3 granted, 2 abandoned applications (none after 2019) (Oct 13, 2026)OpenAI and Amazon Web Services (through Fiserv)OZK Labs, US 2015/0348186 A18 rows · score 198 partnership and patent rowsOct 13, 2026Google Patents (USPTO) ↗ · Google Patents (USPTO) ↗ · Google Patents (USPTO) ↗
27Huntington2 grants · 0 filings or applications listedMicrosoft, Google Cloud, AWS, Azure, Amazon Web ServicesCasca, Alloy Partners, US 2022/0164884 A112 rows · score 1812 partnership and patent rowsSep 29, 2026American Banker ↗ · AWS Machine Learning Blog ↗ · Casca (PR Newswire) ↗
28Raymond JamesPatent records assigned to Raymond James Financial: 5 records in 3 families; 1 on machine learning (Apr 16, 2026)Amazon Web Services, Anthropic Claude (via AWS), Microsoft 365Microsoft 36510 rows · score 1810 partnership and patent rowsSep 21, 2026Google Patents (USPTO) ↗ · Google Patents (USPTO) ↗ · Google Patents (USPTO) ↗
29Deutsche Bankno patents disclosedGoogle Cloud, Gemini Enterprise for Financial Services, NVIDIA, Microsoft Copilot, GitHub Copilot and Gemini Code AssistFarsight, Aleph Alpha, Kodex AI, finaXai9 rows · score 189 partnership and patent rowsOct 14, 2026Deutsche Bank ↗ · Google Cloud ↗ · Google Cloud ↗
30Fifth Third3 grants · 0 filings or applications listedMicrosoft, Amazon Web Services, Anthropic Project Glasswingnone listed9 rows · score 179 partnership and patent rowsJun 10, 2026Fortune ↗ · Forbes ↗ · American Banker ↗

Each row quotes the bank's page on this site; the bank link opens the full record with every source. “Not disclosed” means the page records nothing on that point. Banks absent from the table have no evidence on this topic on their page.

Which AI model providers do the banks name as partners?

Foundation-model and cloud-AI providers named in the banks' patents-and-partners rows, counted across the banks with a record (a bank counts once per provider, whichever product it names).

ProviderBanks naming itWhich banks
Microsoft63TD Bank Group, HSBC, MUFG, Goldman, Amex, BNY, U.S. Bank and HSBC USA and 55 more
Anthropic33TD Bank Group, RBC, MUFG, Goldman, Amex, BNY, U.S. Bank and BMO and 25 more
Google30USAA, HSBC, MUFG, Goldman, Amex, BNY, U.S. Bank and HSBC USA and 22 more
Amazon Web Services30USAA, MUFG, U.S. Bank, HSBC USA, BMO, Synchrony, BMO Financial Group and State Street and 22 more
OpenAI29TD Bank Group, BofA, HSBC, MUFG, Goldman, BNY, U.S. Bank and HSBC USA and 21 more
Databricks7RBC, City National, Standard Chartered, Barclays, Barclays US, First Horizon and OceanFirst
Snowflake6USAA, Truist, Northern Trust, State Street, Morgan Stanley and National Bank Holdings
NVIDIA6RBC, Goldman, BNY, JPMorgan, City National and Deutsche Bank
Cohere5TD Bank Group, RBC, TD, City National and CIBC
Mistral AI4HSBC, HSBC USA, Flagstar and BNP Paribas
Meta3Goldman, BBVA and Flagstar

How is this ranking computed?

Score = 2 × patent rows + 2 × disclosed patent numbers + model providers named + venture rows + research rows + total rows (capped at 8). A patent row is one whose item or description mentions a patent or a US patent number; it is a grant if it says granted or issued or carries a B1/B2 suffix, otherwise a filing or application. Providers match OpenAI, Anthropic, Google, Microsoft, Mistral, Cohere, Meta, NVIDIA, AWS, Databricks, Snowflake or Hugging Face in the item name. Ties by assets.

Every row comes from the bank page's patents-and-partners section, which cites its sources; patent numbers are quoted as the bank or an outlet reported them.

What are the caveats?

Patent counts are rarely disclosed and never on the same basis: some banks cite all patents, some AI-only, some applications pending. A filing is not a grant; the table keeps them apart.

Partnership rows record a named relationship, not its size; a pilot with a model provider and a multi-year cloud deal each count once. Non-US groups' records were researched the same way but their outlets differ.

How does this differ from the AI index?

The AI index does not read the patents-and-partners sections at all; this page is built entirely from them, plus patent numbers on the bank pages. The AI index and its method are on their own page; the technology leaders and generative AI guides are hand-written cross-bank tables with their own sourcing.

Which bank has the most AI patents?

Among banks that disclose a count, USAA (Issued patents / of which AI-space: More than 3,000 / more than 240 (Apr 23, 2026)), TD Bank Group (Share of bank AI research publications, 2024: 4% (fifth among banks); Layer 6 had filed more than 60 patent applications by February 2024 (Sep 25, 2025)) and BofA (AI/ML patents and applications: ≈ 1,100 (Oct 1, 2024)). Counts are on different bases and are not a league table.

Which AI model providers do banks work with most?

Microsoft (63 banks), Anthropic (33 banks), Google (30 banks), Amazon Web Services (30 banks).

Which banks have AI research labs or university partnerships?

Banks with a named lab, institute or university partner include TD Bank Group, RBC, Goldman, TD and BMO.

Which banks invest in AI start-ups?

Banks whose record lists a venture arm, investment or acquisition include Truist, BMO, Synchrony and BMO Financial Group.

What is the difference between a patent grant and a filing?

A filing (application) is a claim the patent office has not yet examined; a grant is an issued patent. Banks often cite filings; the table labels which it is wherever the record says.

How many banks have no partnerships on record?

16 of 140 profiled banks have no patents-and-partners section; they are not in the table.

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