The Latest
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Alamy
Citizens Bank accuses SoFi of poaching 30 mortgage employees
Six Connecticut-based Citizens employees resigned in a 49-minute span after their manager signaled his exit, the bank said. An additional talent migration in Texas shows a “pattern of racketeering,” Citizens said.
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Permission granted by SMBC
SMBC revs up recruiting in Charlotte
To add 2,000 jobs over the next six years, the Japanese bank is visiting college campuses near the North Carolina city to build its talent pipeline and offering experienced workers the chance to put their stamp on something new.
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Permission granted by Navy Federal Credit Union
How Navy Federal harnesses AI to confront scam activity
A top anti-fraud executive at the credit union says thwarting scams requires “totally different” tools than fraud, and AI is providing both new threats and novel solutions.
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Kevin Dietsch via Getty Images
Fed, Bowman sued over capital-requirements process
The advocacy group Better Markets alleged the central bank’s supervision chief met with bank CEOs to guide public comments in a way that would emphasize support for the proposals.
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Julian Mackler via Getty Images
Banks keep cannabis at arm’s length over perceived risk: GAO
Financial institutions cite an evolving regulatory landscape among reasons for their uncertainty in serving the space, according to a wide-ranging report.
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Andrew Harnik / Staff via Getty Images
Q&ABank FOMO fueling AI spending, Accenture exec says
Most banks have yet to see widespread, sustained value from AI initiatives, because they “have not figured out how to reconfigure the work, fully, around AI yet,” said Accenture’s Mike Abbott.
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Alex Wong / Staff via Getty Images
Chime outgrew bank partner model, CEO says
“There's no question that we haven't been able to move as fast as we would like” with product launches, Chris Britt said Sept. 9. Acquiring Stride Bank will give the fintech “complete control of our destiny.”
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Permission granted by HSBC
HSBC CFO Pam Kaur to step down
The first woman to serve as finance chief at Britain’s largest bank will leave before next year’s annual general meeting and will not stand for re-election to the lender’s board.
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Getty Images
Mercury gets FDIC nod
Mercury received conditional approval for deposit insurance, but “there’s still work between here and opening Mercury Bank’s virtual doors,” its founder said.
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Andres Kudacki via Getty Images
Chime to buy Stride Bank for $590M
Acquiring one of its longtime bank partners offers the fintech “a faster and more proven path to full-stack ownership,” compared to pursuing its own charter, Chime said Tuesday.
Updated Sept. 9, 2026 -
Sean Pavone via Getty Images
Alabama bank blasts investors’ request to join board
Blue Hill Advisors and Merion Road Capital Management decried “inaction” from United Bancorporation of Alabama, concerning several suggestions the investors made. The bank called their requests “unreasonable.”
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Getty Images
Virginia banks to combine in $253M deal
A tie-up with Eagle Financial Services would nearly triple John Marshall Bancorp's branch footprint and almost double its assets.
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Joe Raedle via Getty Images
Block seeks OCC bank charter
Cash App’s parent is joining a parade of fintechs seeking to become national banks as the Office of the Comptroller of the Currency allows more leeway for such licenses.
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Courtesy of Courtesy of Circle
Circle to buy Tazapay for $400M
Tazapay and Circle first forged a partnership last year, and according to CEO Jeremy Allaire, they “share a deep alignment.” Circle was the lead investor in Tazapay’s Series B funding last year.
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Getty Images
EverBank, WaFd to merge in $3.9B deal
The transaction, set to close in the first quarter of 2027, would create a lender with $75 billion in assets, $59 billion in deposits and $58 billion in loans.
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Getty Images
Georgia de novo opts to recapitalize Virginia bank
“It would have taken us a year and a half to two years to get near a $200 million bank,” Georgia Skyline Bank co-founder Ryan Floyd said. “Now we’re that on Day One.”
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Permission granted by Huntington Bank
Huntington elevates Standridge to president
Brant Standridge, president of consumer and regional banking, will oversee all of Huntington’s revenue-generating businesses.
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Permission granted by Revolut
Revolut nabs conditional OCC charter
The neobank has long eyed a U.S. banking charter, seeing it as “a seat at the table” with regulators.
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Permission granted by Office of the Comptroller of the Currency
MoneyLion alums take OpenReserve ‘out of stealth’
Couched as a home for “continuous” banking, the company received conditional approval for a national banking license from the OCC.
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Retrieved from GAO.
Banks without holding companies need better disclosure rules: GAO
Such banks aren’t subject to SEC review, and regulators aren’t assessing those lenders’ disclosures for investors’ benefit, the watchdog said.
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Caitlin Mullen/Banking Dive
TD pushes US branch expansion amid AML reform
The Canadian bank plans to open 100 U.S. branches by 2028, mostly in the Southeast. But satisfying its long-running consent order remains a top priority, executives said.
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David Greedy via Getty Images
Kansas’ Equity Bank to expand in Iowa with $123.8M deal
Acquiring Lincoln Savings Bank would give Equity 16 added branches in the Hawkeye State and create a lender with $9.1 billion in assets.
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Getty Images
Banks can question customer activity without disclosing SARs
Five federal regulators clarified how financial institutions can talk to customers about suspicious activity without violating the Bank Secrecy Act.
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Permission granted by FNBO
FNBO to acquire Colorado bank in $204M deal
The Nebraska-based lender said acquiring $1.4 billion-asset InBank will expand its Colorado footprint into the Denver and Colorado Springs markets.
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Caitlin Mullen/Banking Dive
Citizens targets gap between consumer, commercial banking
Tapping its private-bank focus areas, the lender has hired business bankers in New York, Florida and California markets, targeting clients with $5 million to $50 million in revenue.
