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.

By Dan Ennis • Nov. 24, 2025

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.”

By Gabrielle Saulsbery • Nov. 24, 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

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.

By Dan Ennis • Nov. 21, 2025

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.

By Gabrielle Saulsbery • Nov. 20, 2025

NY AG’s office scrutinizes SoLo Funds

The fintech was served a subpoena this year by the state attorney general’s office related to usury concerns, the firm’s head of government affairs and strategic partnerships said this week.

By Caitlin Mullen • Nov. 20, 2025

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.

By Dan Ennis • Nov. 19, 2025

FDIC countersues Capital One over special assessment

The bank still owes $99.4 million to the Deposit Insurance Fund after the 2023 failures of Signature and Silicon Valley Bank, the regulator said Monday.

By Gabrielle Saulsbery • Nov. 19, 2025

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.

By Caitlin Mullen • Nov. 19, 2025

Trump official ‘cherry-picked’ mortgage data, Fed governor’s lawyer says

Criminal referrals against embattled Fed Gov. Lisa Cook “fail on even the most cursory look at the facts,” her attorneys wrote to the Justice Department on Monday.

By Dan Ennis • Nov. 18, 2025

Fed’s Kugler violated trading ethics, disclosure shows

A filing details stock transactions during “blackout periods” that surround interest rate-setting meetings. The paperwork may shed light on the central bank governor’s abrupt August departure.

By Dan Ennis • Nov. 17, 2025

OCC terminates Blue Ridge Bank consent order

Now that the consent order has been closed, it’ll “be nice to get back to the banking business,” CEO Billy Beale said.

By Gabrielle Saulsbery • Nov. 17, 2025

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 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

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