Biden admin made ‘coordinated attack’ on crypto: House Republicans

Uniswap CEO Hayden Adams, Ripple CEO Brad Garlinghouse and Gemini co-founder Tyler Winklevoss were all, at different points, debanked, a House committee investigation found.

Canada’s Laurentian Bank splits off its commercial, retail ops

National Bank of Canada will acquire the Montreal lender’s retail presence and Laurentian’s Québec branches will close. Fairstone Bank will buy Laurentian’s commercial lending for $1.4 billion.

Associated Bank to buy Nebraska lender for $604M

The acquisition would give the Green Bay, Wisconsin-based bank entry into Omaha, along with the No. 2 deposit share in that market.

Goldman to buy Innovator Capital Management for $2B

The deal positions Goldman Sachs Asset Management as a top ten active ETF provider globally, according to data from Morningstar Direct.

Morgan Stanley to pay $117.4M to resolve Dutch tax case

An Amsterdam subsidiary of the bank bought Dutch-listed shares for short periods, illegally offset dividend withholdings and intentionally filed false tax returns, a public prosecutor’s office said.

Australian bank nabs Lloyds data chief to lead AI

Ranil Boteju will return to the Commonwealth Bank of Australia as its chief AI officer to advance the financial services firm’s strategy.

Fed approves Pinnacle, Synovus merger

The central bank’s sign-off, combined with shareholders’ approval this month, has the Southeastern banks projecting a Jan. 1 close for their merger of equals.

FDIC, OCC, Fed solidify eSLR changes

Regulators finalized a rule cutting capital requirements for the nation’s biggest banks – and proposed a separate trim for community lenders.

Green Dot inks deals splitting bank, fintech business

The company, which had been exploring “strategic alternatives” since March, will sell its fintech business to a private equity firm and its bank to a $840 million-asset lender.

Revolut valued at $75B

The new valuation comes after the U.K. fintech’s fifth share sale, and just 15 months after Revolut was valued at $45 billion.

Comerica, Fifth Third sued by activist investor

HoldCo accused Comerica’s CEO of being “focused solely on advancing his own interests” based on the “rushed” way the bank’s proposed deal with Fifth Third came together.

Fulton Financial to buy NJ’s Blue Foundry in $243M deal

The deal comes 18 months after Fulton acquired failed Republic First Bank’s assets, which gave the Pennsylvania-based lender several Garden State locations.

MoneyLion to pay $1.75M to settle CFPB lawsuit

The bureau in 2022 alleged the fintech illegally charged an interest rate that exceeds the 36% cap on loans to service members.

U.S. Bank hires up for greater Southeast growth

The Minneapolis-based super-regional is adding bankers in some areas where it doesn’t have branches and eyeing further growth in SBA lending, an executive said.

VALT Bank applies for de novo charter

Former U.S. Bank executive Matt Gediman said the de novo’s model is “designed to support [SMBs] by making banking uncomplicated, accessible, and integrated with digital tools to run their businesses more efficiently.”

CFPB can’t ignore judge’s order: workers union

Trump-era officials can’t use the bureau's refusal of funding to force a shutdown, plaintiffs argue. The agency also issued a “humility pledge” for its supervision examiners.

Citi CFO Mark Mason to step down in March

The bank tapped Gonzalo Luchetti, its head of U.S. personal banking, to succeed Mason, who will become an executive vice chair and leave by the end of 2026 to pursue outside leadership opportunities.

Wells Fargo taps Saul Van Beurden to scale AI

The bank also expanded consumer-lending CEO Kleber Santos' responsibilities to allow Van Beurden to focus on overseeing the AI transformation of Wells' business segments.

CFPB is transferring its cases to DOJ

The bureau’s acting enforcement chief told staff at an all-hands meeting Thursday that all CFPB employees, as he understood it, would be furloughed at the end of the year, according to a report.

TD illegally targeted, fired Chinese-heritage employees: lawsuit

Employees allege TD “intentionally targeted and disproportionately impacted the bank’s Chinese and Chinese American employees” in the wake of its AML scandal.

Truist taps Microsoft alum as AI chief

Pascal Belaud, who will start at the Charlotte, North Carolina-based bank next week, will shape the vision and execution of Truist’s AI, data and advanced automation strategy, the lender said.

Lloyds to buy UK fintech Curve

The deal, rumored to be for £120 million, drew protests from investor IDC Ventures, which said the sale defies shareholder interests. Curve’s CEO once projected a $50 billion valuation by 2029.

White House nominates Vought aide to lead CFPB

A bureau spokesperson, who declined to comment on the fate of the agency, said Stuart Levenbach’s nomination is technical and extends Russ Vought’s tenure as acting director.

LevelField gets state approval to buy Chicago bank

The development caps a nearly three-year journey for the digital asset firm. The proposed purchase still requires the Federal Reserve’s sign-off.

Investor blasts Comerica over Fifth Third deal

Dismissing proposals from another bidder – reported to be Regions – “suggests a process engineered to favor Fifth Third rather than one designed to maximize shareholder value,” HoldCo Asset Management asserted Monday.