JPMorgan to pay $330M to settle 1MDB claims

Swiss authorities, in a connected case, fined the bank $3.7 million after the lender was found guilty of failing to prevent aggravated money laundering.

By Dan Ennis • Aug. 22, 2025

OCC lifts Anchorage Digital consent order

The only cryptocurrency firm with a national bank charter has invested tens of millions of dollars in compliance infrastructure to remedy issues noted in a 2022 consent order, CEO Nathan McCauley said.

By Gabrielle Saulsbery • Aug. 22, 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

Ex-JPMorgan, PNC, TD bankers banned by OCC

The eight former bankers are prohibited from the industry after regulators found instances of misappropriation of funds and customer impersonation.

By Rajashree Chakravarty • Aug. 22, 2025

Fed’s Waller pushes deeper ties with ‘innovators’

The Federal Reserve has begun “technical research” on financial technology, including tokenization and AI in payments, the central bank governor said Wednesday.

By Justin Bachman • Aug. 22, 2025

CFPB seeks comments for new open banking rule

The agency wants to learn about costs, fees and consumer data risks associated with open banking as it seeks to revise a 2024 rule.

By Justin Bachman • Aug. 22, 2025

Dive Deposits: Ahead of Jackson Hole, the spotlight is everywhere but on Jerome Powell

Mortgage fraud allegations against another Fed governor, Lisa Cook, returned the focus to the Trump team’s push to re-mold the central bank.

By Dan Ennis • Aug. 21, 2025

Customers CEO talks lessons learned from Fed enforcement action

After investing to strengthen its risk management practices, the Pennsylvania bank now seeks to jump on the favorable atmosphere for digital-asset activities.

By Caitlin Mullen • Aug. 21, 2025

Ex-Regions teller banned from banking after alleged theft

Markel O’Neal Calhoun stole nearly $18,000 from the bank last February, the Federal Reserve alleged.

By Gabrielle Saulsbery • Aug. 20, 2025

FDIC would give banks flexibility on digital signage in proposed rule

The proposal focuses display requirements toward screens and webpages most relevant to consumers, simplifying rules for signage on bank websites, mobile apps and ATMs.

By Caitlin Mullen • Aug. 20, 2025

Truist settles web tracker lawsuit

California resident John Tasker sued the North Carolina lender in May for alleged privacy law violations. He filed a similar lawsuit against BMO that remains active.

By Gabrielle Saulsbery • Aug. 19, 2025

Fed nixes novel activities supervision program

The Federal Reserve’s oversight of banks’ crypto and fintech activities will be folded back into the normal supervisory process, the central bank said Friday.

By Gabrielle Saulsbery • Aug. 18, 2025

GOP lawmaker seeks probe into StanChart sanctions case

Rep. Elise Stefanik, R-NY, urged U.S. Attorney General Pam Bondi to launch an investigation into Standard Chartered Bank’s “illicit payments” and related “inaction” from New York’s attorney general.

By Caitlin Mullen • Aug. 18, 2025

DC Circuit reopens path to CFPB firings

The split ruling vacates a preliminary injunction that prevented Trump administration officials from cutting 95% of the bureau’s employees.

By Dan Ennis • Aug. 15, 2025

Trump scraps Biden order that toughened M&A standards

The revocation Wednesday undoes the previous administration’s “flawed philosophical underpinning” for “undue hostility” toward mergers and acquisitions, Trump’s FTC chair said.

By Caitlin Mullen • Aug. 15, 2025

FDIC oversight of large third parties needs clearer goals, OIG says

While the FDIC has “taken steps to establish goals and metrics” in its oversight of large third-parties, they were not “measurable or directly linked to program success factors.”

By Gabrielle Saulsbery • Aug. 15, 2025

Ethics questions cloud Bessent’s assets

The treasury secretary is delayed in complying with a conflict-of-interest agreement to divest certain investments, including farmland. He received an extension and pledged to comply, but that’s not enough for some.

By Dan Ennis • Aug. 14, 2025

Embezzlement cases engulf Alabama, Tennessee bankers

An Alabama banker made roughly 273 fraudulent ACH transactions totaling over $2.3 million, the DOJ said. Last week, the Fed banned an ex-First Horizon banker over embezzlement charges.

By Rajashree Chakravarty • Aug. 14, 2025

Do Kwon pleads guilty to fraud counts

Prosecutors plan to recommend a sentence of 12 years, and $19 million in penalties, as long as Kwon doesn’t commit any more crimes.

By Gabrielle Saulsbery • Aug. 13, 2025

Warren, Democrats ask Fed, FDIC, OCC to justify eSLR cuts

The lawmakers want more data and an extended comment deadline on a proposed reduction to big banks’ capital holdings – echoing Republican calls on the Fed’s ill-fated 2023 Basel III proposal.

By Dan Ennis • Aug. 12, 2025

CFPB moves to hold Synapse accountable for missing customer funds

The CFPB alleged the now-bankrupt Synapse failed to maintain adequate records of consumers’ funds and match them with its partner banks, leading to an unrecovered loss of $60 million to $90 million.

By Rajashree Chakravarty • Aug. 11, 2025

Warren urges Fed to activate countercyclical capital buffer

The Fed has never activated the framework, which would force banks to add a capital cushion. Sen. Elizabeth Warren thinks it’s time to do so – and is asking why the central bank has not voted on the measure in five years.

By Gabrielle Saulsbery • Aug. 11, 2025

Republican senators take aim at MRA process

Eleven GOP senators are urging banking agency heads to make changes to the process around matters requiring attention, which they argue lacks “structure, uniformity and legal basis.”

By Caitlin Mullen • Aug. 11, 2025

Trump taps economic adviser Stephen Miran for Fed post

Miran, an architect of Trump’s tariff policy, would be a temporary fix. He’d serve the remainder of outgoing Fed Gov. Adriana Kugler’s term, buying time for Trump to finalize his pick for central bank chair.

By Dan Ennis • Aug. 8, 2025

Trump takes aim at debanking

An executive order the president issued Thursday demands that regulators remove reputational risk from evaluations and to review complaint data for instances of religion-based debanking.

By Gabrielle Saulsbery • Aug. 8, 2025

UBS quits climate alliance amid global exodus

The Swiss lender said its “ambition to being a leader in sustainability is unchanged” and that it will continue to “progress [its] sustainability and impact strategy.”

By Zoya Mirza • Aug. 7, 2025