BofA, BNY blast ‘threadbare’ allegations in Epstein victim suit

Bank of America said it’s “not reasonably foreseeable” that rent payments made through an account with the bank would “set in motion” harms to the plaintiff. BNY called the allegations "razor-thin."

By Dan Ennis • Nov. 14, 2025

Dive Deposits: CFPB cries poor but also tweaks fair lending, data collection

A Justice Department office argued the Fed has no money to fund the bureau. But the CFPB’s acting director hasn’t asked the central bank for money anyway.

By Dan Ennis • Nov. 13, 2025

Explore the Trendline➔

Top 5 stories from Banking Dive

Since the approval of Capital One’s acquisition of Discover, banks have increasingly waded into new deals. Beyond that, they’ve doubled down on strategy, from organic growth to branch placement to app design.

By Banking Dive staff

Atlanta Fed president Bostic to retire in February

The first Black and openly gay regional Fed chief is leaving before the central bank’s board votes to reappoint the presidents of the Fed’s outposts to new five-year terms.

By Dan Ennis • Nov. 12, 2025

Truist to require all employees in office 5 days a week

The Charlotte, North Carolina-based super-regional is ending hybrid work arrangements in January, it said Wednesday.

By Caitlin Mullen • Nov. 12, 2025

Thrivent Bank aims to pair advice, digital platform in youth push

The only institution to get an ILC charter application approved during the Biden administration seeks to deliver its parent company’s brand of advice earlier in customers’ lifespans, CEO Brian Milton said.

By Caitlin Mullen • Nov. 12, 2025

HSBC waters down interim targets in updated net-zero transition plan

The bank scaled back a range of goals it was pursuing for its sector-specific 2030 targets, citing a global transition that “has progressed at an inconsistent pace.”

By Lamar Johnson • Nov. 10, 2025

Dive Deposits: Was Waller’s ‘skinny’ account clarification a walk-back?

The Federal Reserve governor set out to clarify that only institutions with a banking charter would be eligible for a tailored master account. Does that jibe with the central bank’s “embrace” of disruption?

By Dan Ennis • Nov. 10, 2025

Coinbase fined $24.8M by Irish central bank

The crypto firm found three coding errors in its transaction monitoring system, but that meant the company insufficiently monitored 30 million transfers for AML, fraud and child sex exploitation, the central bank said.

By Dan Ennis • Nov. 10, 2025

Gould intent on tackling debanking, tailoring issues

“I hope that when the 33rd comptroller shows up, at some uncertain date in the future, that that person will not blame me for kicking any cans down the road,” Jonathan Gould said in an interview.

By Gabrielle Saulsbery • Nov. 10, 2025

Comerica received at least one deal offer before Fifth Third

A filing Wednesday detailed a relatively quick negotiation, along with several short-term perks for Comerica CEO Curt Farmer.

By Dan Ennis • Nov. 6, 2025

BaFin levies largest-ever fine against JPMorgan

JPMorgan SE's €45 million fine surpassed the prior record fine of €40 million, levied against Deutsche Bank.

By Gabrielle Saulsbery • Nov. 6, 2025

Ally trims headcount by another 2%

The bank’s second workforce cut of the year comes as executives from three of the nation’s four largest banks offered insights into the future trend of employee numbers – with nods to AI.

By Dan Ennis • Nov. 6, 2025

Dive Newsdesk: Kraken’s compliance, suspicious activity monitoring evolves

Monitoring for risk is more “behavioral” than it used to be, according to the crypto firm's deputy chief compliance officer, David Zacks, who noted customers “evolve on a daily basis.”

By Gabrielle Saulsbery • Nov. 6, 2025

Appeals court denies Custodia a path to a Fed master account

The ruling was not unanimous, and the crypto firm can still petition for a rehearing. It came after a Fed official floated a “skinny” master account with limited capabilities.

By Dan Ennis • Nov. 5, 2025

OCC’s Gould leans away from ‘ostrich’ approach

Under Jonathan Gould's leadership, the agency aims for "a more balanced approach" to innovation and not a "focus on a parade of horribles," he said.

By Gabrielle Saulsbery • Nov. 5, 2025

JPMorgan, BofA flag Trump debanking order in SEC filings

The nation’s two largest banks said they are “responding” to requests from government agencies and other parties regarding their policies toward discontinuing financial services.

By Dan Ennis • Nov. 5, 2025

Dive Newsdesk: Fintech innovation sharpens need for regulatory clarity, MoFo partner says

Avy Mallik, who joined the law firm last month, was previously general counsel of the California Department of Financial Protection and Innovation.

By Caitlin Mullen • Nov. 5, 2025

Citi hones tailored experience for services clients

Delivering consumer-like capabilities for large companies requires “a mindset of design thinking first,” said Naveed Anwar, global head of platform and data services for Citi’s services unit.

By Caitlin Mullen • Nov. 4, 2025

Fed eyes 30% cut in supervision, regulation unit

The central bank aims to use attrition, retirement and voluntary offers to cut the division’s workforce to 350, particularly targeting management layers.

By Dan Ennis • Nov. 3, 2025

FDIC’s Hill faces discontent over workplace culture effort, job cuts

Republican Sen. John Kennedy threatened to vote not to advance the acting chair’s nomination over “pretty words” but a lack of action. Sen. Elizabeth Warren slammed lagging updates on workforce reductions.

By Dan Ennis • Oct. 31, 2025

Judge blocks CFPB open banking rule enforcement

The preliminary injunction in a federal lawsuit enjoins a U.S. open banking framework until the Consumer Financial Protection Bureau issues a new rule.

By Justin Bachman • Oct. 30, 2025

Barclays to acquire Best Egg for $800M

The personal lending fintech last year secured a $500 million purchase facility from Fortress Investment Group and tech-driven investment manager Edge Focus to grow its loan platform.

By Gabrielle Saulsbery • Oct. 28, 2025

Community banks have ‘no choice’ but to be in stablecoin business, lawmaker says

Bank-fintech partnerships are essential to enabling community banks to serve stablecoin interest, Rep. Mike Flood, R-NE, said Sunday at the Money20/20 conference.

By Caitlin Mullen • Oct. 28, 2025

Fed proposes disclosing stress-test details

The central bank Friday voted to alert banks ahead of time with stress-test scenarios and several key calculations.

By Dan Ennis • Oct. 27, 2025

Trump taps SEC crypto task force lawyer to lead CFTC

Mike Selig’s bid comes after the withdrawal of the previous nominee to lead the agency, which now has just one commissioner.

By Gabrielle Saulsbery • Oct. 27, 2025