UBS gets OCC final approval for US charter

The Swiss giant will convert from a state-chartered industrial bank and can now add “everyday banking” capabilities for its wealth clients, executives said.

By Dan Ennis • March 20, 2026

FDIC opens door for private equity to buy failed banks

Nonbank entities such as PE firms “can play a significant role in the resolution process, given their ability to access and deploy significant pools of capital,” the agency wrote Thursday.

By Gabrielle Saulsbery • March 20, 2026

Explore the Trendline➔

Top 5 stories from Banking Dive

Amid a swell of activity, financial institutions large and small are leaning into their aspirations. For PNC, it’s scale. For some fintechs, it’s a charter. For Millbury National Bank, it may simply be niceness.

By Banking Dive staff

Warren grills Fed nominee Warsh on Epstein ties

The senator questioned the Fed chair nominee over his interactions with the late convicted sex offender, saying it's “essential that Congress and the public fully understand” the extent of any connection between the two.

By Caitlin Mullen • March 20, 2026

Capital requirements overhaul could give big banks 4.8% windfall

Proposals Thursday from the Federal Reserve, FDIC and OCC, combined with earlier reforms, mean capital requirements for the smallest banks could be reduced by 7.8%.

By Dan Ennis • March 19, 2026

Fed’s Powell says he’ll stay on as chair pro tempore

The Federal Reserve chair is undecided on continuing to serve as a governor at the central bank but said he won’t leave while a Justice Department probe is still active.

By Dan Ennis • March 19, 2026

13 AGs sue OneMain over add-on sales policy

The installment lender pressured subprime borrowers into adding high-interest offerings to their loans without clearly disclosing the costs, the attorneys general said.

By Dan Ennis • March 17, 2026

CFPB again told it must request funds from Fed

In the second court ruling rejecting the bureau’s position on requesting Fed funds, a judge in California called agency Acting Director Russ Vought’s plan a “transparent display of partisanship.”

By Caitlin Mullen • March 16, 2026

Judge quashes DOJ’s Fed subpoenas

The Trump administration’s investigation into Fed Chair Jerome Powell was led by a desire to pressure him to resign or lower interest rates, not by perceived wrongdoing, a judge wrote.

By Dan Ennis • March 16, 2026

Fintechs push 36% state rate caps

While there is a 36% interest rate standard for lending in the U.S., it’s not codified for all consumers. Now, the effort to set one has moved to the states.

By Lynne Marek • March 16, 2026

Payments firms diverge on checks

Payment companies offered different ways to move past paper checks in comments to the Federal Reserve regarding plans to shift to digital alternatives.

By Patrick Cooley • March 16, 2026

Custodia’s Fed options are limited after court denies rehearing

The Wyoming-based crypto bank can petition the Supreme Court. Or it could reapply to the Fed through a channel that didn’t exist when it sued: the “skinny” master account Kraken recently received.

By Dan Ennis • March 16, 2026

Fed’s Bowman previews revised capital requirements

Tweaks to the surcharge for global systemically important banks – and a strategy to keep mortgage lending from migrating to nonbanks – punctuate a framework that’s set to be issued next week.

By Dan Ennis • March 13, 2026

Scam prevention needs to focus ‘upstream’ from banks: panel

“We need to bring in these social media companies at the point where [scammers are] first contacting consumers, to look at shared liability,” an AARP executive said at a Banking Dive event Wednesday.

By Gabrielle Saulsbery • March 12, 2026

Bank regulators warn of increased cyber risk from Iran war

California and New York agencies urged lenders to practice heightened cyber awareness amid the military strikes on Iran, saying “recent events warrant vigilance.”

By Caitlin Mullen • March 12, 2026

Nubank hires TikTok alum as marketing chief

The move comes as the Brazilian neobank seeks the OCC’s green light for a national banking charter in the U.S.

By Dan Ennis • March 11, 2026

Revolut gets full license approval from UK

The company has waited more than four years for regulators to grant the license, which allows Revolut a platform for loans, mortgages, credit cards, overdraft protection and savings products.

By Dan Ennis • March 11, 2026

Upstart to apply for national bank charter

“The time is right to launch the first bank built from the ground up on AI,” Paul Gu, the fintech’s incoming CEO, said Tuesday.

By Dan Ennis • March 11, 2026

DOJ, Halkbank agree to end Iran sanctions case

The Turkish lender would have to hire a monitor to review the bank’s compliance with U.S. anti-money laundering and sanctions policy as part of a deferred prosecution agreement, which a judge must sign.

By Dan Ennis • March 10, 2026

Trump issues fraud order after bank execs push national strategy

The president’s order comes a day after industry executives emphasized the need for better coordination among lenders, law enforcement and government at a House subcommittee hearing.

By Caitlin Mullen • March 9, 2026

Clarity Act stokes debate on crypto

The bill aims to identify which agencies should regulate digital currencies.

By Patrick Cooley • March 9, 2026

West Virginia bank director quits over executive pay concerns

Glen Herrick, who resigned from MVB’s board, cited a “lack of alignment between pay and performance” and a “lack of strategic focus on core profitability.”

By Dan Ennis • March 6, 2026

Morgan Stanley partner Zerohash applies for OCC trust charter

The application comes amid fierce blowback from an organization that criticized the OCC’s “unfettered discretion” on which firms get charters and for which activities.

By Dan Ennis • March 6, 2026

Revolut applies for OCC charter

Cetin Duransoy has been named the fintech’s U.S. CEO, succeeding Sid Jajodia, who is now global chief banking officer. Jajodia said in October that a charter would give Revolut “a seat at the table” with regulators.

By Gabrielle Saulsbery • March 5, 2026

Wells Fargo 2018 enforcement action terminated

The bank has sufficiently demonstrated improvements in governance and risk management since its 2016 fake-accounts scandal, the Federal Reserve said Thursday.

By Dan Ennis • March 5, 2026

Kraken receives Fed master account, in a first for crypto

Access to the Federal Reserve’s payment system has long been a dream for cryptocurrency firms, including Custodia Bank, which has sued the central bank in pursuit of access.

By Gabrielle Saulsbery • March 4, 2026