The Latest

  • A building shows the words "fnbo" on one side and "The great big small bank" on the other side.
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    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.

  • A Citizens Bank branch on a New York City street is seen as people walk by in front of the building.
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    Caitlin Mullen/Banking Dive
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    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.

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    TabaPay eyes OCC charter with Denver bank deal

    The money movement platform, which once sought to buy Synapse’s assets, received a $155 million investment to pursue Transact Bank.

  • The entrance to the Consumer Financial Protection Bureau headquarters is seen, with the bureau's logo on a glass door.
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    Anna Moneymaker / Staff via Getty Images
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    Republicans unveil bill to change CFPB funding structure

    "The agency would receive its funding from congressional appropriations instead of the Fed under the bill, which would also limit the CFPB’s ability to enforce violations against unfair, deceptive, or abusive acts or practices.

  • Two people stand in the shadows talking inside a lodge lounge area, one with hands up.
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    Natalie Behring via Getty Images
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    Stablecoins lose ground to tokenized deposits

    While the digital currencies have gained some acceptance, there is a growing interest by financial institutions in tokenized deposits as an alternative.

  • A sign that reads "Truist" sits atop a tall stone and glass office building.
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    Caitlin Mullen/Banking Dive
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    Mike Lyons begins his Truist era

    As the industry veteran takes the helm of the bank, he’ll need a “bold and big” plan to jump-start the bank’s growth, an analyst said.

  • A sign reads "Wells Fargo" with the bank's logo below.
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    Michael M. Santiago / Staff via Getty Images
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    Wells, BofA, Citi back upcoming stablecoin

    Goldman Sachs, PNC and Capital One are also among 21 financial institutions partnering on an asset expected to go to market early next year.

  • Low-angle view of a tall glass and steel skyscraper with a stepped Art Deco-style crown. A large red key is at the top of the building under a clear blue sky.
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    Alamy
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    KeyCorp taps City National, Fifth Third alum as strategy chief

    Chris Doll’s “ability to align strategy, financial discipline, and execution will be instrumental as we continue to drive long-term growth,” Key CFO Clark Khayat said.

  • U.S. Bank executive Dee O'Dell poses in front of a U.S. Bank branch
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    U.S. Bank expands business banking roster

    The super-regional lender is adding bankers to serve business clients in Florida and Georgia, where it already has wealth and middle-market bankers, an executive said.

  • Finance chiefs should be examining their banking partners for similarities to SVB's rapid downfall.
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    CFO Editorial Staff
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    SVB ex-parent not entitled to $1.7B from FDIC

    Silicon Valley Bank’s former parent company will not get $1.7 billion from the Federal Deposit Insurance Corp., a federal judge ruled, because some executives made decisions that led to SVB’s bankruptcy.

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    BitGo acquires NYDIG’s institutional trading business

    The transaction allows NYDIG to focus on power generation, bitcoin mining and data center development, the company said.

  • The Federal Deposit Insurance Corp. name and logo are shown on the exterior of a building.
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    Getty Images
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    OCC, FDIC cement drill-down on ‘material financial risks’

    The agencies said the changes would provide greater clarity and certainty for banks, while critics say revisions will weaken supervision.

  • A close-up of a person wearing a suit and tie, listening during a committee hearing.
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    Tasos Katopodis / Stringer via Getty Images
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    Warsh furthers his push toward a ‘quieter Fed’

    In his first Jackson Hole address, new Federal Reserve Chair Kevin Warsh doubled down on a promise to cut “forward guidance” and a commitment to 2% inflation.

  • The Federal Deposit Insurance Corp. headquarters in Washington, D.C.
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    Anna Hrushka/Banking Dive
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    VALT Bank gets FDIC’s nod

    The proposed Eagle, Idaho-based digital business bank, which received its conditional OCC charter in March, plans to open in the fourth quarter, proposed CEO Matt Gediman said.

  • The Illinois State Capitol building.
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    Getty Images
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    Indiana’s First Financial to buy Illinois bank for $111.3M

    Acquiring Hickory Point Bank and Trust will give the Hoosier State lender eight added branches in central Illinois and boost its asset total to $6.9 billion.

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    Dimitrios Kambouris via Getty Images
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    4 takeaways from Jes Staley’s Epstein testimony

    Former JPMorgan executive Jes Staley shared confidential information with Jeffrey Epstein when the now-late financier was in prison for sex crimes.

  • The dome of the U.S. Capitol building is shown with a U.S. flag flying on the roof.
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    Finn Gomez / Staff via Getty Images
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    Q&A

    ICBA CEO: ‘No middle ground’ on closing Clarity Act’s stablecoin loophole

    Deposit flight concerns have ramped up as the regulatory apparatus becomes more “lenient” and new paths such as trust charters and skinny master accounts are embraced, ICBA’s CEO said.

  • A street view of the city hall building in Tupelo, Mississippi is shown.
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    Renasant names KBW alum as its next CFO

    Catherine Mealor will succeed the retiring Jim Mabry as the Mississippi bank’s finance chief. The lender said it intends to nominate Mabry for a board seat next year.

  • View of the Florida State Capitol in Tallahassee
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    Getty Images
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    Florida credit union to acquire bank, rebrand itself

    Gulf Winds Credit Union’s proposed acquisition of Madison County Community Bank marks the sixth whole-bank purchase by a credit union announced this year.

  • people gather outside of building during boston blockchain week
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    Permission granted by Qubic Labs
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    Boston fintech incubator seeks funding boost

    Qubic Labs has supported about 70 companies and helped raise $40 million for blockchain and digital asset-related projects. After running into funding issues, it’s turning to its community for help.

  • 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 Chicago-area lender for $247M

    Acquiring Providence Bank & Trust would give the $66 billion-asset regional bank a branch footprint in a market where it operates one commercial office.

  • A purple "Truist" bank sign attached to the facade of a stone building is shown, with blue sky and a tall building behind it.
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    Caitlin Mullen/Banking Dive
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    Truist doubles down on wealth-transfer opportunity

    The Charlotte, North Carolina-based bank pinpoints mass-affluent customers, hiring more advisers at its “premier” level and seeing the segment as a feeder to wealth management.

  • The Washington state capitol building.
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    Embattled bank names next CEO after investor challenge

    Cashmere Valley Bank tapped a Nicolet executive to take the reins. But the investor who publicly pressured the Washington state-based lender said he's still pursuing changes at the board level.

  • The Capital One logo is displayed on the side of its headquarters in McLean, Va.
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    Trump lawyers blast Capital One’s AML narrative in account closures

    The bank “reviewed and cleared” Trump-connected transactions – only to re-examine them and decide to debank the president before gathering evidence, attorneys argued.

  • A view of the skyline of Philadelphia, with the bronze statue of William Penn in the foreground
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    Philly lender becomes fifth bank to fail in 2026

    Tioga-Franklin Savings Bank, which had $68 million in assets, was founded in 1873. Second Federal Savings and Loan Association of Philadelphia is acquiring its deposits, assets and core processing system.