The Latest
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Warsh’s Fed chair nomination moves to full Senate
The Senate Banking Committee, including once-holdout Sen. Thom Tillis, voted along party lines to keep alive ex-Federal Reserve Gov. Kevin Warsh’s bid to succeed Jerome Powell atop the central bank.
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Sponsored by Aon
The quiet expansion of stablecoin exposure
Hidden stablecoin links in vendors and payments are already shaping your risk and liquidity.
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Q&A
U.S. Bank marketing chief: Brand refresh conveys ‘we’ve arrived’
As part of a brand revitalization, the super-regional bank is using jewel tones to project sophistication and harnessing its shield design in novel ways, CMO Michael Lacorazza said.
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Mercury nabs conditional OCC charter
The fintech has received conditional approval four months after it applied for a national bank charter, when it named SoFi alum Jon Auxier as CEO of the proposed Mercury Bank.
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Adyen to buy German loyalty platform Talon.One for $876M
The deal will let the Dutch fintech connect a shopper’s online and in-store interactions so promotions and pricing can be adjusted midstream.
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Associated Bank CEO wants to pave ‘highway to private wealth’
After renovations to the Midwest lender’s retail and commercial banks, accelerating growth in private wealth will be the focus in 2027, Andy Harmening said.
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Customers Bank deepens ties with OpenAI
The Pennsylvania-based lender aims to “reimagine its lending, deposit and payment lifecycles” in commercial banking by handing off document collection, underwriting and other tasks to artificial intelligence.
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Ohio’s Peoples Bank to expand in Kentucky
The sale of Citizens Bank of Kentucky’s securities portfolio will help Peoples remain under $10 billion in assets.
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Sezzle eyes checking accounts
The buy now, pay later provider is exploring additional financial services, including deposit accounts, as it seeks to build a “super app.”
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Trump calls out Wells Fargo, banks over LA fire response
The federal government “will be looking into” banks’ actions following last year’s fires, the president said in a social media post Thursday. "The Banks must treat those people … very fairly and well."
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Huntington whittles expense growth
The regional bank is pruning some investments in hiring and technology amid a tighter focus on controlling cost increases, its CFO said.
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DOJ drops probe into Fed’s Powell
Sen. Thom Tillis said Sunday he would stop blocking the nomination of Jerome Powell’s potential successor. The Fed’s inspector general will look into over-budget renovations at the central bank.
Updated April 27, 2026 -
Q&A
HSBC exec opens up on what drives real-time payment growth
Corporations adopt faster digital payments based on their priorities and the rise of digital assets, an HSBC payments executive said.
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First Citizens to shed SVB name
The Raleigh, North Carolina-based lender is dropping the Silicon Valley Bank name in the fourth quarter. It’s also letting go of the CIT name that’s remained with a commercial unit since a 2022 acquisition.
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PNC to cut 777 FirstBank jobs this summer
The reductions at the acquired bank’s Colorado headquarters are designed to stem “overlap.” PNC, in a statement, touted the Denver market as a strong, strategic talent base for technology at the bank.
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Key to buy UK investment banking advisory firm
The deal to acquire Clearwater UK marks Key’s entrance into the western European market, the Cleveland-based lender said.
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SMBC Americas launches cash management platform
Cash management systems should be as frictionless to corporate treasurers as smartphone apps are to the masses, SMBC executive Craig Vaream said.
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LendingClub to rebrand as Happen Bank
CEO Scott Sanborn indicated the name change has the digital bank’s moniker catching up with what the company has become.
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Retrieved from OCC.
Mission Lane applies to become a bank
The startup filed the first credit card bank charter application in roughly 20 years, an observer said. The charter would allow Mission Lane to affix home-state interest rates on loans nationwide.
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SC lender drills down on Atlanta area with $100.8M deal
United Community Banks’ purchase of Peach State Bank would give the acquisitive lender two extra branches and $788 million in assets from fast-growing Hall County.
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Nicolet sells Denver locations to Sunwest
The banks did not disclose the value of the deal, set to close in the third quarter.
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Warsh says he would not be Trump’s ‘sock puppet’ on monetary policy
Kevin Warsh, during testimony to a Senate committee, blamed Federal Reserve policymakers for stubborn, above-target inflation.
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Banks’ CX matters when it comes to stock performance, study finds
National banks identified as customer experience leaders delivered a cumulative total stock return 2.4 times greater than CX laggards over a nine-year period, Watermark Consulting research found.
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JPMorgan to add 400 jobs in Charlotte by 2028
The lender will condense its corporate presence in Charlotte by moving into a 145,000-square-foot space in the city’s SouthPark neighborhood in early 2028, which has room for new hires.
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Fifth Third gets mission ready for Comerica conversion
The Cincinnati-based regional is planning a series of dress rehearsals prior to shifting Comerica customers onto Fifth Third’s platforms, targeted for Labor Day, a bank executive said.
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Wells Fargo CEO: Trump entitled to his own Fed views
In an Economic Club interview Monday, Charlie Scharf also said there’s “clear consensus that it would be the wrong thing” to lower interest rates until there’s an end in sight to the Iran war.