JPMorgan aims to ‘resist’ headcount growth

Although headcount increases in recent years were necessary to support growth, “we do suspect some inefficiency was introduced,” the bank’s CFO said during Monday’s investor day.

By Caitlin Mullen • May 19, 2025

Fifth Third gives customers free access to wills

The move reflects the bank’s aims to bolster its benefits for customers and do more with its fintech partners to differentiate itself from competitors, a Fifth Third VP said.

By Caitlin Mullen • May 19, 2025

Explore the Trendline➔

The Banking Dive Outlook on 2022

Some narratives in 2022, such as office returns, will seem like a logical progression from the year before. Others, such as the regulatory sphere and shift toward smaller M&A, may mark a big shift from the previous 12 months.

By Banking Dive staff

NY AG sues Capital One over lost customer interest

The state essentially picked up the challenge the CFPB put down when it dismissed its own lawsuit alleging the bank cost users $2 billion by not informing them of a higher-yield savings account.

By Dan Ennis • May 15, 2025

Bank of America to open 150 locations through 2027

Forty are anticipated to open by year’s end. All in, the bank has invested more than $5 billion across its branch footprint since 2016.

By Gabrielle Saulsbery • May 13, 2025

BNP Paribas shareholders approve higher age limit for CEO

The French bank’s investors Tuesday backed moves to allow 63-year-old Jean-Laurent Bonnafé and 74-year-old Jean Lemierre to remain in the chief executive and board chair roles longer.

By Caitlin Mullen • May 13, 2025

Capital One asks judge to toss Trump de-banking lawsuit

The Trump Organization’s “generalized allegations” of politically motivated de-banking don’t hold up and its claims lack “factual or legal support,” the bank said Wednesday.

By Caitlin Mullen • May 9, 2025

Wall Street bonuses to drop amid market volatility, consultant finds

Bonuses in equity underwriting are predicted to plunge up to 20% as firms in the initial public offering market take a “wait and see” approach, Johnson Associates said. 

By Rajashree Chakravarty • May 8, 2025

Santander closing 18 US branches by August

Six of the locations are in Massachusetts, along with four each in New Jersey and Pennsylvania, two in New York and one each in New Hampshire and Rhode Island. The bank is leaning into its digital platform.

By Gabrielle Saulsbery • May 7, 2025

3 ex-U.S. Bank employees tried to lure affluent clients, lawsuit alleges

Three ex-wealth managers “aggressively pursued” former clients to follow them to a Royal Bank of Canada subsidiary, U.S. Bank alleges in a lawsuit.

By Gabrielle Saulsbery • May 6, 2025

Treasury’s Bessent: Private credit surge underscores need for bank deregulation

“The growth of private credit tells me that the regulated banking system has been too tightly constrained,” Scott Bessent said Monday.

By Caitlin Mullen • May 6, 2025

First National Bank of Omaha to buy Kansas City bank

FNBO is the 16th-largest bank by market share in Kansas City. The deal, expected to close this year, will boost its position to ninth.

By Gabrielle Saulsbery • May 5, 2025

BNY ups in-office requirement to 4 days per week

The bank is implementing the policy Sept. 2. It has allowed employees to work remotely two days a week since the first half of 2023.

By Caitlin Mullen • May 1, 2025

HSBC chair to retire by year’s end

Mark Tucker, who joined the bank in 2017, will step down from his role in the next seven months after a successor is selected.

By Gabrielle Saulsbery • May 1, 2025

Citizens CFO heads to State Street

Brendan Coughlin, meanwhile, was named Citizens' president. John Woods' exit from the bank appears to solidify Coughlin's status as a potential CEO successor.

By Gabrielle Saulsbery • April 30, 2025

Warren, Chopra warn of ‘real price to pay’ on DOGE

The former CFPB director pointed to a rise in uninsured deposits amid recent market turmoil.

By Caitlin Mullen • April 29, 2025

Huntington ahead of schedule on Carolinas expansion, CFO says

The bank has 37 of the 55 branches it plans to open in North and South Carolina under letter of intent for real estate development, Huntington CFO Zach Wasserman said.

By Caitlin Mullen • April 28, 2025

PNC’s COO is leaving the bank

E. William Parsley’s departure thins the ranks of executives beneath CEO Bill Demchak but may clarify new President Mark Wiedman’s position as a potential successor.

By Dan Ennis • April 25, 2025

Eastern Bank to broach Rhode Island with $490M HarborOne deal

The transaction, set to close in the fourth quarter, would add 30 locations and $5.7 billion in assets to Eastern. The Boston bank has tended to expand through acquisition every two years.

By Dan Ennis • April 25, 2025

Citizens aggressively reinvests in its existing footprint

While some competitors chase expansion in the Southeast, the Providence, Rhode Island-based lender is redesigning branches to double down on deeper relationships, said Nuno Dos Santos, head of the bank’s retail network.

By Caitlin Mullen • April 24, 2025

Columbia to expand in SoCal with $2B acquisition of Pacific Premier

The Tacoma, Washington-based lender’s Umpqua retail network will change its name to Columbia Bank later this year as part of the deal.

By Dan Ennis • April 24, 2025

Capital One readies for Discover integration work

With Discover, “we will be going back into the world of data centers” for “a number of years,” Capital One CEO Richard Fairbank said Tuesday.

By Caitlin Mullen • April 23, 2025

Inside Regions’ effort to upskill its SMB, mass-affluent bankers

The regional lender is honing the way a group of its bankers manage small-business customer relationships as competition rises in the Southeast.

By Caitlin Mullen • April 16, 2025

Ally’s DEI suit dismissed after bank reduces emphasis

America First Legal dropped its lawsuit against Ally Financial after the lender largely scrubbed diversity references from its public filings.

By Gabrielle Saulsbery • Updated April 28, 2025

TD acknowledges ‘darkest day’ in shareholder meeting

The bank’s chair called October’s $3.09 billion settlement “extraordinarily painful.” Investors voted in four new board members Thursday, including Morgan Stanley’s former deputy CFO.

By Dan Ennis • April 11, 2025

Dimon points to ‘turbulence,’ sees uncertainty persisting through July

The trade war poses certain risks to JPMorgan Chase, given its global reach. “Add that to the list of worries – we will be in the crosshairs,” CEO Jamie Dimon said Friday.

By Caitlin Mullen • April 11, 2025