GreenSky to pay $10M to state AGs

The home-improvement lender, once owned by Goldman Sachs, operated a “predatory loan scheme,” according to Texas Attorney General Ken Paxton.

By Gabrielle Saulsbery • May 29, 2026

CFPB faces lawsuit over fair housing rule change

The agency’s final rule amending how the Equal Credit Opportunity Act is applied “effectively guts” fair lending protections, according to four plaintiffs.

By Gabrielle Saulsbery • May 28, 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

CFTC asks judge to vacate $5M Gemini penalty

A onetime CFTC chair nominee alleged Gemini’s founders grilled him on the case, then lobbied the White House to stall his nomination.

By Dan Ennis • May 28, 2026

California judge rules in favor of OppFi, against regulator

A judge ruled that OppFi sufficiently demonstrated that its banking partner was the true lender of OppLoans, and that their relationship wasn’t a “rent-a-bank ruse.”

By Gabrielle Saulsbery • May 27, 2026

OCC cites AML deficiencies at NY bank that partners with fintechs

New York City-based Community Federal Savings Bank, a partner to Wise and Crypto.com, faces an enforcement action over what the regulator deemed an inadequate suspicious activity alert system.

By Dan Ennis • May 27, 2026

LendingClub CEO expects ‘skinned knees’ amid fintech charter rush

Fintechs that want to become banks should brace for “a learning curve” as they ramp up governance, risk and compliance infrastructure, said LendingClub CEO Scott Sanborn.

By Caitlin Mullen • May 27, 2026

Wells Fargo’s $85M ‘sham’ diversity settlement gets judge’s approval

The bank a week earlier agreed to pay $110 million to resolve a class-action lawsuit related to similar issues.

By Gabrielle Saulsbery • May 26, 2026

Fed, FDIC give green light to biggest US banks’ living wills

JPMorgan Chase, Bank of America, Citi and Goldman Sachs, additionally, have “adequately addressed” shortcomings found in the banks’ previous emergency wind-down plans, the agencies said Friday.

By Dan Ennis • May 26, 2026

Regions to pay DOJ $4.9M over PPP loan allegations

Although it disagreed with the claims, the bank said it settled with the Justice Department this month “with the goal of closing this chapter and moving on.”

By Caitlin Mullen • May 26, 2026

Cyber risk management 101 for C-suite finance executives

Cyber risk is now a business risk. Learn how financial leaders can strengthen resilience.

By Kathryn Human • May 26, 2026

Goldman Sachs to pay shareholders $500M in 1MDB settlement

“The settlement ⁠is an outstanding result for the class,” attorneys for Sjunde AP-Fonden, a Swedish pension fund, wrote in the filing.

By Gabrielle Saulsbery • May 22, 2026

Morgan Stanley exemption comes under fire

Sen. Elizabeth Warren, D-MA, asked three regulators to revoke their approval of a Morgan Stanley restructuring, drawing parallels to scandals that engulfed JPMorgan Chase and Citi.

By Dan Ennis • May 22, 2026

OCC’s Gould justifies conditional trust charter approvals

“We don’t have a zero risk tolerance anymore,” the comptroller said at an event May 20, adding that “a reasonable chance of success” is “how we evaluate applications.”

By Caitlin Mullen • May 21, 2026

CFPB erases pre-Trump 2.0 history

The consumer watchdog eliminated dozens of press releases, speeches and public statements Tuesday, all of which were published before February 2025.

By Gabrielle Saulsbery • May 21, 2026

Warren demands national trust charter details from Gould

National trust charters have been awarded to firms that “intend to engage in activities that appear to go far beyond the narrow set of activities permitted by law,” the Democratic senator told the head of the OCC.

By Gabrielle Saulsbery • May 20, 2026

Regulators float changes to CAMELS ratings

The move to revamp the bank ratings framework for the first time in 30 years continues Trump-appointed bank regulators’ efforts to concentrate supervision on material financial risk.

By Caitlin Mullen • May 20, 2026

Trump order seeks to open Fed rails

The administration mandated a review of how the Federal Reserve and other agencies can aid fintech firms through greater central bank access.

By Justin Bachman • May 20, 2026

Wells Fargo agrees to $110M lending, hiring discrimination settlement

The bank’s borrower assistance fund “represents a meaningful step toward expanding equitable access to financial services,” a judge wrote.

By Gabrielle Saulsbery • May 19, 2026

Chime CEO: Pursuing bank charter is ‘a when, not if’

The fintech regularly reevaluates the potential timing of an inevitable push for a charter, Chime CEO Chris Britt said Monday, as regulators see an influx of applications.

By Caitlin Mullen • May 19, 2026

Standard Chartered taps investor relations chief as next CFO

Manus Costello will step in as the bank moves forward with stablecoin expansion and preps for an upcoming investor day.

By Grace Noto • May 18, 2026

Stellantis gets FDIC’s ILC charter approval

The car manufacturer joins Ford and GM in receiving regulatory approvals this year to obtain an industrial loan company charter.

By Caitlin Mullen • May 15, 2026

Senate confirms Warsh as next Fed chair

The mostly party-line vote comes amid concerns of whether Kevin Warsh will maintain central bank independence or hew closer to President Trump’s interest-rate demands than his predecessor.

By Dan Ennis • May 14, 2026

CFPB alum Chopra to lead California consumer agency

Former CFPB head Rohit Chopra will lead a new state agency with oversight of the Department of Consumer Affairs and Department of Financial Protection and Innovation, among others.

By Gabrielle Saulsbery • May 13, 2026

Augustus receives conditional charter approval from OCC

The company, rebranded from its previous iteration Ivy, aims to revamp the clearing process to fit an artificial intelligence-native model.

By Dan Ennis • May 11, 2026

Capital One flags debanking fight in quarterly filing

The bank “is responding to demands and requests” related to “fair access to banking,” it said. The Trump Organization has until July 2 to refile its claim that the bank politically debanked the president.

By Dan Ennis • May 11, 2026