The Latest

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    Third Coast to buy Oklahoma bank for $240M

    The deal comes roughly a year after Houston-based Third Coast announced its $123 million purchase of Austin, Texas-based Keystone Bancshares.

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    Fed consolidates bank supervision structure

    Vice Chair for Supervision Michelle Bowman laid out changes Tuesday to the Fed’s supervisory structure intended “to implement a culture of accountability and clear decision-making authority.”

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    Courtesy of Ally Financial
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    Ally CEO: ‘Strategy is about choices’

    A narrower focus is driving better returns at the $200 billion-asset lender, although the credit and interest rate environment may challenge execution of Michael Rhodes’ strategy.

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    The elder statesman of trust charters makes its move

    Anchorage Digital has acquired Routable, in a deal to link the issuance, custody and settlement of stablecoins with multi-denominational payout distribution.

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    Top bank conferences to attend in 2027

    Connecting with peers and competitors may offer the gut-check that banking leaders need so they can innovate in a way that lets customers and shareholders both prosper.

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    Banks prioritize responsible AI, governance as use soars

    JPMorgan Chase and Capital One ranked highest in AI maturity considering talent, leadership and transparency, according to Evident's annual AI index.

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    Rain, Modern Treasury seek OCC trust charters

    The firms join a growing list of fintech companies looking to get into the folds of federal regulation, days after a trade group sued the OCC over trust charters.

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    Anna Moneymaker / Staff via Getty Images
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    ICBA urges court to rein in OCC over trust charters

    The community bank trade group sued the banking agency Friday, challenging the OCC's authority to charter crypto firms outside the traditional banking framework.

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    Chip Somodevilla via Getty Images
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    DOJ won’t reopen Powell probe

    There’s “more work to do to understand” how the Fed’s renovation project became so expensive, AG Todd Blanche told Bloomberg TV, but the Justice Department won’t reopen its related investigation into Jerome Powell.

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    Warren, Van Hollen pressure OppFi to ditch bank deal

    Weeks after nonbank lender Enova scrapped its bid to buy Grasshopper Bank, two Senate Democrats are urging nonbank lender OppFi to abandon its own dealmaking efforts.

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    Column

    Dive Deposits: BofA, Barclays show their populist side

    Bank of America is expanding its apprenticeship program at a time of year when it typically would raise the hourly wage for its lowest-paid staff. Meanwhile, Barclays conceded (partially) on its office-return mandate.

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    Q&A

    How Stripe, Zerohash alums are looking to speed international payments

    Startup Latitude Global pitches faster, cheaper cross-border payments by sending them on modern stablecoin rails.

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    Amerant Bank CEO tackles credit crisis

    Efforts to change the internal culture around credit risk within the Florida bank’s lending portfolio have begun paying off, Carlos Iafigliola said.

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    Michael M. Santiago / Staff via Getty Images
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    JPMorgan Chase names next HR chief

    Mark O’Donovan, the bank’s CEO of international consumer banking, will succeed retiring human-resources head Robin Leopold in January.

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    Fed watchdog finds mismanagement, not criminality, in $2.5B renovation

    The Federal Reserve Board should establish a guaranteed maximum price for its renovation project, which is now several years in, the Office of the Inspector General said.

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    How BofA’s tech summit influences strategy

    An annual event uniting bank leaders and tech upstarts, happening next week, helps the lender assess how potential partners are innovating, Bank of America’s chief technology and information officer said.

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    Peoples Bancorp to buy Maryland’s Capital Bancorp for $728M

    Peoples’ second deal of 2026 will push the Marietta, Ohio-based lender well past the $10 billion-asset threshold it aimed to stay under with its last deal.

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    Charter must be ‘top priority’ for fintechs pursuing it: Mercury exec

    The fintech has always wanted a charter, according to Mercury Bank CEO Jon Auxier. After years of hard work, “now is the right moment to go after it.”

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    Fed finalizes stress-test changes

    The central bank issued updates meant to make test scenarios more transparent and reduce year-to-year volatility banks see in their capital requirements.

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    SMBC Americas COO is out

    Greg Keeley is no longer with the company he joined last year, according to an email sent to staff Monday.

  • A view of the historic Old Florida State Capitol building, which sits in front of the current New Capitol, on November 10, 2018 in Tallahassee, Florida.
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    Mark Wallheiser via Getty Images
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    Florida credit union to buy 2nd bank in a month

    Gulf Winds Credit Union agreed to buy Madison County Community Bank in August. Now it’s following up with a deal for Alabama’s Peoples Exchange Bank before a scheduled rebrand next year.

  • A white marble American eagle sculpture sits atop a white marble building entrance, with the words "Federal Reserve" seen etched into the marble.
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    Alex Wong / Staff via Getty Images
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    Fed’s ‘collective lack of action’ let info security risks fester: OIG

    Governance of the central bank's information security program and enforcement of controls lack clarity, resulting in a 2024 incident involving a retiring employee “remaining unresolved for over a year,” an OIG report said.

  • People walk on a sidewalk past an entrance with a "Valley Bank" sign above the doorway.
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    Caitlin Mullen/Banking Dive
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    Valley National Bank to acquire fintech Bluevine for $340M

    The fintech is set to bring Valley $2.1 billion in deposits and make the bank “a much stronger and more relevant small business competitor,” executives said Monday.

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    Anna Hrushka/Banking Dive
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    California’s Nano Banc fails

    Sunwest Bank acquired most of the assets, deposits and loans from the long-troubled bank. Nano is the sixth U.S. bank to collapse in 2026.

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    Scott Olson / Staff via Getty Images
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    FDIC clamps down on ‘significantly undercapitalized’ Old Glory Bank

    Old Glory’s latest call report showed the bank’s leverage ratio was 2.69%. The bank failed to respond to a notice of intent that regulators would issue a directive for prompt corrective action, the FDIC said.