OCC cites 9 big banks’ ‘inappropriate’ debanking actions

The agency stopped short of detailing specific instances but pointed to policy statements from 2020 through 2022 in a preliminary report issued Wednesday.

By Dan Ennis • Dec. 11, 2025

PNC’s Demchak bemoans M&A speculation

The PNC CEO said everyone’s a buyer, and price tags are too high on small-bank sellers. But at the same time, he blasted critics of his franchise’s FirstBank deal.

By Caitlin Mullen • Dec. 11, 2025

Explore the Trendline➔

Fraud and AML in banking

The past year has been one of reckoning with regard to fraud — from TD’s $3 billion AML penalty to the continuing punitive phase connected to PPP misdeeds, crypto bankruptcies and pig butchering.

By Banking Dive staff

‘The world is our oyster now’: Wells Fargo CEO

Speaking about his bank’s post-asset cap outlook, Wells CEO Charlie Scharf called AI a “positive reality,” but hinted at fourth-quarter job cuts.

By Dan Ennis • Dec. 10, 2025

Charter application boom a ‘return to norm’ for OCC: Gould

The agency has seen 14 de novo applications in 2025. While trade groups are skeptical of the activity, OCC chief Jonathan Gould is not.

By Gabrielle Saulsbery • Dec. 9, 2025

OCC, FDIC scrap Obama-era leveraged lending guidance

Continuing the Trump administration’s de-regulatory push, the banking agencies rescinded high-risk lending guidance they said was “overly restrictive” and contributed to private credit’s rise.

By Caitlin Mullen • Dec. 8, 2025

Ex-CEO of failed Oklahoma bank indicted on fraud charges

Danny Seibel issued fake loans to friends and neighbors and “frequently” altered First National Bank of Lindsay records to hide the activity from the OCC and the bank’s board, the DOJ alleged.

By Caitlin Mullen • Dec. 5, 2025

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

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