The Latest

  • The HSBC sign and logo pictured outside a bank branch.
    Image attribution tooltip
    Matt Cardy via Getty Images
    Image attribution tooltip

    HSBC taps BNP Paribas exec to lead sustainable finance, transition in Asia

    The London-based bank said Chaoni Huang would help its clients in the region “decarbonize and invest in new growth.”

  • jar of coins
    Image attribution tooltip

    Unsplash/Towfiqu barbhuiya

    Image attribution tooltip
    Sponsored by InvestiFi

    4 strategies to retain deposits, attract new account holders and drive growth

    Four digital investing strategies banks can use to retain deposits and capture $2T growth.

  • A tall building is shown with the word "Comerica" at the top.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Comerica-Fifth Third deal’s speed attacked by investor HoldCo

    A presentation on the proposal comes as proxy adviser Institutional Shareholder Services recommends Comerica shareholders vote in favor of the acquisition Jan. 6.

  • Huntington Bank
    Image attribution tooltip
    Permission granted by Huntington Bank
    Image attribution tooltip

    Huntington’s $7.4B Cadence deal gets regulatory sign-off

    The Office of the Comptroller of the Currency approved the acquisition 56 days after it was proposed – leaving just one multibillion-dollar banking deal from 2025 awaiting regulators’ blessing.

  • The Salt Lake City skyline
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Wells Fargo alum tapped as Zions Bank’s next CEO

    Nate Callister, the Salt Lake City-based lender’s executive director of commercial banking, will lead the bank after Paul Burdiss retires Dec. 31.

  • CFPB Russell Vought Federal Reserve lawsuits payments regulation
    Image attribution tooltip
    Anna Moneymaker via Getty Images
    Image attribution tooltip

    Democratic AGs sue Trump administration over CFPB funding

    New York Attorney General Letitia James and others want a federal court in Oregon to force the CFPB to take funds from the Federal Reserve to continue its watchdog duties.

  • Overhead shot of New Orleans
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Ex-IberiaBank CEO is getting the band back together

    Daryl Byrd, who led IberiaBank for two decades, is leading an investor group that is acquiring Louisiana lender M C Bank – and loading its C-suite with Iberia alums.

  • A close-up of a map shows the Mid-Atlantic area under a magnifying glass.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Burke & Herbert to acquire LinkBank for $354M

    The deal would create an $11 billion-asset bank and give the Virginia lender entry into Pennsylvania.

  • The HSBC sign and logo pictured outside a bank branch.
    Image attribution tooltip
    Matt Cardy via Getty Images
    Image attribution tooltip

    HSBC taps ex-Citi exec Liu to lead private bank

    Ida Liu’s 18 years at Citi culminated in her leading its private bank for four years. In January, she’ll take on the same role at HSBC.

  • The Federal Reserve building is seen January 22, 2008 in Washington, DC. People walk by.
    Image attribution tooltip
    Chip Somodevilla via Getty Images
    Image attribution tooltip

    Fed seeks comments on ‘skinny’ account

    The Federal Reserve Board voted 6-1 on Friday to gather public comment on creating a new special payments account for use by financial institutions.

  • Mercury product
    Image attribution tooltip
    Permission granted by Mercury
    Image attribution tooltip

    Fintech Mercury applies for OCC bank charter

    The company also appointed an alum of SoFi, Green Dot and Goldman Sachs to serve as CEO of the proposed bank. The move comes after the OCC approved five crypto firms for a different type of charter.

  • Citi signage.
    Image attribution tooltip
    Spencer Platt / Staff via Getty Images
    Image attribution tooltip

    OCC withdraws amendment to Citi consent order

    The regulator is no longer requiring the bank to submit a breakdown of the resources it’s employing to resolve a 2020 order likely brought on by a $900 million errant transfer of funds.

  • An office building with the word "Regions" at the top is shown against a blue sky.
    Image attribution tooltip
    Caitlin Mullen/Banking Dive
    Image attribution tooltip

    Regions aims to push ‘dark mode,’ other app tweaks next year

    An insights function, leveraging data and analytics, is also among upcoming enhancements, the bank’s head of digital said. The tool will give tailored notifications on unusual bills, duplicate charges, and cash-flow trends.

  • Downtown San Jose, CA at dusk
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    SoCal commercial bank stretches into San Jose with $811M deal

    CVB Financial’s acquisition of Heritage Commerce Corp. marked one of two nine-figure bank tie-ups Wednesday in California – arguably where 2025’s post-Capital One M&A surge began.

  • Michael Selig, Commodity Futures Trading Commission chair, holds up his right hand while speaking during a congressional hearing.
    Image attribution tooltip
    Andrew Harnik / Staff via Getty Images
    Image attribution tooltip

    Senate confirms FDIC’s Hill, CFTC’s Selig

    The party-line vote puts permanent leaders atop the two financial regulatory agencies.

  • A close up of the white dome on a government building.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Old National accuses Bell Bank of ‘coup d’état’

    Eight former ONB employees resigned in concert before moving to Bell Bank. In a lawsuit Monday, Old National said the “coup d’état” was “designed to cause maximum disruption."

  • A building is shown with a sign that reads, "Comerica Bank" in the foreground
    Image attribution tooltip
    Courtesy of Comerica
    Image attribution tooltip

    Comerica filing details back-and-forth with Fifth Third, ‘Institution A’

    The bank provided more information Thursday as its deal with Fifth Third has drawn litigation alleging a lack of transparency.

  • Abstract blockchain technology concept. Internet security. Isometric digital cube connection background.
    Image attribution tooltip
    TU IS
    Image attribution tooltip

    SoFi launches stablecoin infrastructure

    Banks and fintechs will be able to white-label SoFi’s stablecoin, and those stablecoins will be interchangeable with SoFiUSD, a spokesperson for the company said.

  • An exterior view of the California state capitol building.
    Image attribution tooltip
    Arturo Holmes / Staff via Getty Images
    Image attribution tooltip

    California’s Community West to acquire United Security in $191.9M deal

    The two Fresno-based banks will combine to create a “more robust and more visible” $5 billion-asset lender, Community West’s CEO said. The transaction is set to close in the second quarter of 2026.

  • FedNow Federal Reserve Bank
    Image attribution tooltip
    Mesut Dogan via Getty Images
    Image attribution tooltip

    Fed terminates Goldman, Metropolitan consent orders

    The cease-and-desists date back to 2020 and 2023, tied to the 1MDB scandal and prepaid cards, respectively.

  • The Federal Deposit Insurance Corp. headquarters in Washington, D.C.
    Image attribution tooltip
    Anna Hrushka/Banking Dive
    Image attribution tooltip

    FDIC details workforce cuts, stablecoin issuance process

    Comptroller of the Currency Jonathan Gould, an FDIC board member, supported the agency’s proposed budget but expects further room to trim it. He also hinted at budget cuts to come at the OCC.

  • Exterior view of a PNC Bank branch with a revolving glass door. The building facade has large vertical columns. The PNC Bank sign features a blue and orange color scheme above the entrance.
    Image attribution tooltip
    Alamy
    Image attribution tooltip

    Why PNC joined FedNow

    The bank finally joined the Federal Reserve’s instant payments system this year after a significant Treasury Department announcement.

  • A sign shows the FDIC acronym in the foreground on the left, and glass doors and an FDIC rug in the background to the right.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Tech-focused Erebor gets FDIC nod for deposit insurance

    The proposed bank, backed by billionaire investor Peter Thiel, received conditional approval from the OCC in October.

  • A view of the Houston skyline shows a park and buildings
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    ServisFirst aims to put down Texas roots

    The Alabama-based commercial bank named a Texas regional CEO and said it would open a Houston office, in the latest move by a lender to expand in the coveted Lone Star State.

  • A small, single-story bank building with a red brick and white exterior and a green trim; the sign says "Huntington."
    Image attribution tooltip
    Alamy
    Image attribution tooltip

    Huntington waves off expanding beyond Cadence footprint

    “We’re not going to be trying to go national, or West Coast, or Northeast, or other stuff,” CEO Steve Steinour said last week at an investor conference.

  • Charlotte, North Carolina, had 67 hotel projects, or 7,772 rooms, in its Q1 hotel construction pipeline.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    RBC’s City National makes Carolinas push

    The Los Angeles-based bank opened offices in Charlotte and Greenville to house roughly 120 area employees amid a regional growth spurt that has swept up U.S. Bank, PNC, Huntington, Citi and more.