Cadence Bank to buy Industry Bancshares

Cadence Bank seeks to acquire the six subsidiaries of Industry Bancshares that are under consent orders from the FDIC and the OCC related to the company’s unsafe banking practices and risk management.

By Rajashree Chakravarty • April 29, 2025

Wells Fargo clears 12th consent order; 2 remain

The 2018 consent order the CFPB lifted is the bank’s sixth to be resolved this year. The two remaining include the Federal Reserve’s asset cap. 

By Rajashree Chakravarty • April 28, 2025

Explore the Trendline➔

M&A

President Donald Trump’s reelection was predicted to yield loosened regulation. But tariff volatility and economic uncertainty has thrown a wrench into an expected boom in mergers and acquisitions.

By Banking Dive staff

Huntington ahead of schedule on Carolinas expansion, CFO says

The bank has 37 of the 55 branches it plans to open in North and South Carolina under letter of intent for real estate development, Huntington CFO Zach Wasserman said.

By Caitlin Mullen • April 28, 2025

Flagstar plans to hire 80 to 90 more commercial bankers this year

The bank reported another quarterly loss, although executives are targeting profitability in the fourth quarter. “We’re going to look like a completely different company when we end the year,” CEO Joseph Otting said.

By Caitlin Mullen • April 25, 2025

PNC’s COO is leaving the bank

E. William Parsley’s departure thins the ranks of executives beneath CEO Bill Demchak but may clarify new President Mark Wiedman’s position as a potential successor.

By Dan Ennis • April 25, 2025

Eastern Bank to broach Rhode Island with $490M HarborOne deal

The transaction, set to close in the fourth quarter, would add 30 locations and $5.7 billion in assets to Eastern. The Boston bank has tended to expand through acquisition every two years.

By Dan Ennis • April 25, 2025

Goldman shareholders back $80M packages for Solomon, Waldron

The measure, however, received 66% approval — 20 percentage points lower than last year’s nonbinding advisory vote on executive compensation at the bank. 

By Rajashree Chakravarty • April 24, 2025

Silvergate Bank parent agrees to $37.5M class-action settlement

Silvergate Capital Corp. says that moving forward with the settlement will allow the firm to advance its Chapter 11 proceedings.

By Gabrielle Saulsbery • April 24, 2025

Columbia to expand in SoCal with $2B acquisition of Pacific Premier

The Tacoma, Washington-based lender’s Umpqua retail network will change its name to Columbia Bank later this year as part of the deal.

By Dan Ennis • April 24, 2025

Inside Regions’ effort to upskill its SMB, mass-affluent bankers

The regional lender is honing the way a group of its bankers manage small-business customer relationships as competition rises in the Southeast.

By Caitlin Mullen • April 16, 2025

Edward Jones resubmits ILC charter application

The investment firm originally sought a charter in 2020, but abandoned its efforts in 2022. It still plans to move forward with its retail banking partnership with U.S. Bank this year.

By Gabrielle Saulsbery • April 15, 2025

TD acknowledges ‘darkest day’ in shareholder meeting

The bank’s chair called October’s $3.09 billion settlement “extraordinarily painful.” Investors voted in four new board members Thursday, including Morgan Stanley’s former deputy CFO.

By Dan Ennis • April 11, 2025

Dimon points to ‘turbulence,’ sees uncertainty persisting through July

The trade war poses certain risks to JPMorgan Chase, given its global reach. “Add that to the list of worries – we will be in the crosshairs,” CEO Jamie Dimon said Friday.

By Caitlin Mullen • April 11, 2025

Tariffs may prompt clients to revisit supply chain financing: Wells exec

Flexible financing “will be essential to businesses” if higher-than-expected tariffs take effect, said Jeremy Jansen, Wells Fargo's managing director of supply chain finance.

By Caitlin Mullen • April 11, 2025

Treasury eyes bigger regulatory role, Bessent says

The treasury secretary said he wants regulatory tailoring to ensure smaller community banks matter on a wider scale.

By Caitlin Mullen • April 9, 2025

Fifth Third hires ex-M&T CFO to lead regional banking

Darren King will “drive strategy, cultivate talent and pursue growth” as Fifth Third pushes southeast, the bank said. He succeeds Kris Garrett, the lender’s retiring wealth and asset manager.

By Dan Ennis • April 9, 2025

Webster Bank risk chief to retire

Daniel Bley will leave his role after the Connecticut-based bank finds his replacement, the lender said last week. 

By Rajashree Chakravarty • April 8, 2025

PNC picks BlackRock vet as next president

Mark Wiedman, most recently the head of BlackRock’s global client business, was named the super-regional’s next president, filling the vacancy left when Michael Lyons departed to lead Fiserv earlier this year.

By Caitlin Mullen • April 8, 2025

Dimon frets over tariff uncertainty in annual letter

The CEO of the biggest U.S. bank said he sees President Donald Trump’s tariff policy as "one large additional straw on the camel’s back."

By Caitlin Mullen • April 7, 2025

Virginia banks to combine in $203M deal

TowneBank said Thursday it will acquire Old Point Financial. Towne completed a merger with Village Bank and Trust Financial Corp. this week.

By Rajashree Chakravarty • April 4, 2025

Hope Bancorp completes merger with Territorial

The Los Angeles bank's victory caps a nearly yearlong battle for the Hawaii lender, which saw repeated competing offers from Blue Hill Advisors.

By Rajashree Chakravarty • April 3, 2025

HomeStreet to merge with California’s Mechanics Bank

The deal, set to close in the third quarter, values the Seattle lender at $300 million. The offer comes about four months after HomeStreet’s proposed tie-up with FirstSun collapsed.

By Dan Ennis • April 1, 2025

FB Financial to acquire Southern States for $381M

Acquiring $2.8 billion-asset Southern States would grow Nashville, Tennessee-based FB to $16 billion in assets and expand its footprint in Alabama and Georgia.

By Caitlin Mullen • April 1, 2025

Goldman’s $80M executive bonuses draw flak from proxy adviser

Glass Lewis recommended investors vote against Goldman Sachs’ CEO and president each receiving $80 million retention bonuses. 

By Rajashree Chakravarty • March 31, 2025

U.S. Bank executive dead in plane crash

A plane that crashed in a Minneapolis suburb Saturday was registered to Terry Dolan, the lender’s chief administration officer. CEO Andy Cecere confirmed in a Monday memo to employees that Dolan died in the crash.

By Caitlin Mullen • Updated March 31, 2025