Warsh’s Fed chair nomination moves to full Senate

The Senate Banking Committee, including once-holdout Sen. Thom Tillis, voted along party lines to keep alive ex-Federal Reserve Gov. Kevin Warsh’s bid to succeed Jerome Powell atop the central bank.

By Dan Ennis • April 29, 2026

Ex-M&T employee alleges discrimination over gender, sexual orientation

An ex-vice president and commercial branch manager based in Long Island alleges she was “treated as a secondclass citizen” by her boss for being a gay woman.

By Gabrielle Saulsbery • April 29, 2026

Explore the Trendline➔

Artificial intelligence

Banks must decide whether to forge AI tools in-house or partner with outside firms. AI’s importance can’t be understated, but legacy tech may also constrain the budget for banks looking to innovate.

By Banking Dive staff

‘We are a new banking desert’: Oregon bank group CEO

A tax credit, set to take effect in June, aims to stimulate de novo activity in the state, which hasn’t chartered a new bank since 2007.

By Caitlin Mullen • April 29, 2026

Mercury nabs conditional OCC charter

The fintech has received conditional approval four months after it applied for a national bank charter, when it named SoFi alum Jon Auxier as CEO of the proposed Mercury Bank.

By Gabrielle Saulsbery • April 28, 2026

Ohio’s Peoples Bank to expand in Kentucky

The sale of Citizens Bank of Kentucky’s securities portfolio will help Peoples remain under $10 billion in assets.

By Gabrielle Saulsbery • April 27, 2026

Trump calls out Wells Fargo, banks over LA fire response

The federal government “will be looking into” banks’ actions following last year’s fires, the president said in a social media post Thursday. "The Banks must treat those people … very fairly and well."

By Gabrielle Saulsbery • April 24, 2026

DOJ drops probe into Fed’s Powell

Sen. Thom Tillis said Sunday he would stop blocking the nomination of Jerome Powell’s potential successor. The Fed’s inspector general will look into over-budget renovations at the central bank.

By Dan Ennis • Updated April 27, 2026

Mission Lane applies to become a bank

The startup filed the first credit card bank charter application in roughly 20 years, an observer said. The charter would allow Mission Lane to affix home-state interest rates on loans nationwide.

By Dan Ennis • April 22, 2026

Warsh says he would not be Trump’s ‘sock puppet’ on monetary policy

Kevin Warsh, during testimony to a Senate committee, blamed Federal Reserve policymakers for stubborn, above-target inflation.

By Jim Tyson • April 21, 2026

Wells Fargo CEO: Trump entitled to his own Fed views

In an Economic Club interview Monday, Charlie Scharf also said there’s “clear consensus that it would be the wrong thing” to lower interest rates until there’s an end in sight to the Iran war.

By Caitlin Mullen • April 21, 2026

CFPB gets pushback over ‘artificial deadline’ on job cuts

A workers union said it took the bureau more than a year to share its latest workforce plan, and questions why the agency seeks approval within a 45-day window.

By Dan Ennis • April 20, 2026

Fed faults Georgia bank over government lending program

After an exam revealed operational deficiencies with LaGrange, Georgia-based Community Bankshares, the company was ordered to bolster board oversight and senior management, and improve its capital position.

By Caitlin Mullen • April 20, 2026

Small Chicago lender hit over alleged deceptive ads to veterans

The Federal Savings Bank told millions of consumers that they had “available funds” but did not specify that they had to get a new loan to access the funds, the OCC found.

By Gabrielle Saulsbery • April 17, 2026

Trump resumes push to fire Fed’s Powell

The president said he would relieve the central bank chief if he doesn’t step down when his term ends next month.

By Dan Ennis • April 15, 2026

Kraken co-CEO confirms IPO filing

Rumors of the filing circulated in November. However, since then, Kraken’s value has fallen 33.5%, to $13.3 billion. Market conditions reportedly led the crypto firm to freeze its IPO last month.

By Gabrielle Saulsbery • April 15, 2026

Citi, Wells, PNC CEOs dismiss M&A likelihood

Citi CEO Jane Fraser shut down reports the lender is pursuing a bank acquisition. Wells Fargo and PNC’s CEOs, too, stressed their focus on organic growth over M&A.

By Caitlin Mullen • April 15, 2026

Warren pounds X Money plans

Sen. Elizabeth Warren, D-MA, demanded information from billionaire Elon Musk about his plans to launch a digital wallet this month.

By Lynne Marek • April 15, 2026

JPMorgan blasts capital proposals, estimates 4% increase

The CEO and CFO of the biggest U.S. bank called for further changes to Basel III and G-SIB surcharge proposals, saying the latter is “still broken.”

By Caitlin Mullen • April 14, 2026

BayCom hires 3 PacWest alums in a shift toward dealmaking

United Business Bank’s three founders are being replaced by architects of PacWest’s sale to Banc of California, in the hope that the move will jump-start acquisitive growth.

By Dan Ennis • April 13, 2026

Fed mulls FedNow cross-border use

The Federal Reserve proposed letting participants in the real-time payments system use intermediaries to make cross-border fund transfers.

By Lynne Marek • April 10, 2026

How Fifth Third beats back impersonation scams

Bank impersonation scams, which tripled from 2024 to 2025, were the leading scam the regional lender encountered in 2025, said Kristopher Edwards, head of fraud prevention.

By Caitlin Mullen • April 10, 2026

BNY gives its employees a homeownership hand-up

The bank is offering $6,500 in down payment assistance to employees who make $100,000 or less a year. BNY in recent years has raised its minimum wage and offered company stock to its lowest-paid workers.

By Dan Ennis • April 9, 2026

FDIC floats AML revamp, stablecoin guidelines

Under a proposed overhaul of anti-money laundering rules, only “significant or systemic failures” to implement an AML/CFT program would prompt an enforcement or supervisory action.

By Caitlin Mullen • April 8, 2026

Cash management platform Lorum applies for national trust charter

“We’re basically building a new-age BNY,” said George Davis, the company’s founder.

By Gabrielle Saulsbery • April 7, 2026

White House continues campaign to gut CDFIs

A Trump administration budget request cuts 63% of awards to community development financial institutions – and demands a focus on rural assistance rather than “immigration, gender and climate radicalism.”

By Dan Ennis • April 7, 2026