Dive Deposits: In a down year for diversity, Citi’s reputation is at stake

The bank named a relatively sparse class of new managing directors. Its proportion of women is virtually the same as last year’s – even amid a de-emphasis on DEI. But the bank isn’t outpacing its peers, either.

By Dan Ennis • Dec. 4, 2025

Bank regulators testify on Trump-era ‘tailoring’

The Federal Reserve’s vice chair for supervision vowed, in testimony to House lawmakers Tuesday, not to “reverse-engineer” changes to capital requirements to fit preconceived notions.

By Dan Ennis • Dec. 3, 2025

Explore the Trendline➔

Artificial intelligence

Banks are enthusiastic about AI’s promises. But can they get customers on board, and will regulators let the innovation happen?

By Banking Dive staff

Digital wallet use outpaces regulators

Consumers are increasingly turning to these mobile tools for convenience and new features. But are regulators keeping pace?

By Justin Bachman , Shaun Lucas , Julia Himmel • Dec. 3, 2025

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.

By Gabrielle Saulsbery • Dec. 2, 2025

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.

By Dan Ennis • Nov. 26, 2025

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.

By Caitlin Mullen • Nov. 26, 2025

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.

By Dan Ennis • Nov. 25, 2025

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.

By Caitlin Mullen • Nov. 25, 2025

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

How the open banking rule skidded

The Consumer Financial Protection Bureau faces a budget crunch or closure in early 2026, clouding the fate of its open banking rule revision.

By Justin Bachman • Nov. 24, 2025

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 Nov. 17.

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