Retail

  • People walk on a sidewalk past an entrance with a "Valley Bank" sign above the doorway.
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    Caitlin Mullen/Banking Dive
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    Valley National Bank to acquire Chicago-area lender for $247M

    Acquiring Providence Bank & Trust would give the $66 billion-asset regional bank a branch footprint in a market where it operates one commercial office.

    By • Aug. 25, 2026
  • The Washington state capitol building.
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    Embattled bank names next CEO after investor challenge

    Cashmere Valley Bank tapped a Nicolet executive to take the reins. But the investor who publicly pressured the Washington state-based lender said he's still pursuing changes at the board level.

    By • Aug. 25, 2026
  • An AI processor on a futuristic printed circuit board Explore the Trendline➔
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    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
  • A purple "Truist" bank sign attached to the facade of a stone building is shown, with blue sky and a tall building behind it.
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    Caitlin Mullen/Banking Dive
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    Truist doubles down on wealth-transfer opportunity

    The Charlotte, North Carolina-based bank pinpoints mass-affluent customers, hiring more advisers at its “premier” level and seeing the segment as a feeder to wealth management.

    By • Aug. 25, 2026
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    Virginia lender to acquire Forbright’s DC-area branches

    The transaction, set to close in the fourth quarter, adds three locations and $750 million in deposits to Trustar’s footprint. That frees Forbright to focus on national digital lending.

    By • Aug. 21, 2026
  • A downtown view of Birmingham, Alabama
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    Alabama’s SouthPoint under fire by the Fed

    The Federal Reserve and the Alabama State Banking Department ordered SouthPoint Bancshares to take steps “to serve as a source of financial and managerial strength” for its subsidiary SouthPoint Bank.

    By • Aug. 21, 2026
  • A beige brick building with a brown roof is shown, with a parking lot in front.
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    Permission granted by Future Financial Bankshares
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    Veritex alum scouts for more Texas M&A

    Future Financial CEO Jeff Kesler spent a year courting a small family-owned bank, and believes a patient approach will unlock deals competitors may miss.

    By • Aug. 19, 2026
  • A person wearing a suit and tie walks across a stage. An American flag is seen in the background, behind a table with seats.
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    Win McNamee / Staff via Getty Images
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    Old Glory Bank, SPAC scrap merger plans

    The bank said last month it may have to pursue “a sale or organized wind-down” if the deal wasn’t consummated, because it lacked sufficient capital to satisfy regulators.

    By • Aug. 18, 2026
  • A sign in front of a white and black office building and next to an evergreen tree reads "HomeTrust Bank."
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    Caitlin Mullen/Banking Dive
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    NC lender to acquire Blue Ridge Bank for $448M

    The deal would grow Asheville, North Carolina-based HomeTrust Bank to $7 billion in assets and 60 locations across the Southeast.

    By • Aug. 17, 2026
  • A glass window reflects an image of people and cards passing by on the street, with the "Citi" logo shown behind the window.
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    Michael M. Santiago / Staff via Getty Images
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    Citi scoops up rewards fintech Kard

    The fintech’s tech, talent and merchant ties are intended to strengthen the bank’s commerce ecosystem strategy in its consumer cards business, Citi said.

    By • Aug. 17, 2026
  • A bank branch building features the "Bank of America" name and logo in front of sunny skies.
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    Brandon Bell / Staff via Getty Images
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    Bank of America won’t let employees work remotely 2 days in a row

    The ban on taking two consecutive remote days includes Friday to Monday and takes effect in mid-September, according to a policy update workers recently received.

    By • Aug. 14, 2026
  • Front view of the Bank of America Tower in Charlotte, North Carolina on June 18, 2022.
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    Bank of America to buy up to 49.9% stake in Jio Credit for $1.9B

    “India is one of the world's most important growth markets, and this investment reflects our confidence in its future, a market we know well and have supported for decades,” Bank of America CEO Brian Moynihan said on the deal.

    By • Aug. 13, 2026
  • An office building with the word "Regions" at the top is shown against a blue sky.
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    Caitlin Mullen/Banking Dive
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    Regions Bank names next chief administrative officer

    Kate Danella, the bank’s head of consumer banking, will succeed Dave Keenan, who will retire at the end of the year, the Alabama-based lender said.

    By • Aug. 12, 2026
  • The state Capitol building in Springfield, Illinois
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    Illinois’ HBT to buy in-state Tri-County Financial for $204.6M

    The deal, set to close in the first quarter of 2027, would boost HBT’s footprint to more than 100 branches and its assets past $8 billion.

    By • Aug. 11, 2026
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    Justin Sullivan via Getty Images
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    CX takes a backseat during mergers and acquisitions. Customers notice.

    Customers should experience the benefits of the merger — not the complexity behind it, experts say.

    By Michael Brady • Aug. 7, 2026
  • A glass and stone building is shown at night, with green lighting illuminating the exterior and "Northwest Bank" signage and logo seen on the front of the building.
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    Permission granted by Northwest Bank
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    Northwest Bank overhauls C-suite to drive transformation

    Over the past three years, CEO Louis Torchio has hired executives with bigger-bank experience to lead Northwest’s commercial pivot and M&A ramp-up.

    By • Aug. 6, 2026
  • A UBS location in New York City is shown, with the letters "UBS" on the building front.
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    Caitlin Mullen/Banking Dive
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    UBS to pay $125M in AML penalties

    The brokerage arm of the Swiss bank didn’t fix flaws identified in 2018, resulting in some 60,000 foreign currency wires valued at about $10 billion going unmonitored, regulators said.

    By • Aug. 3, 2026
  • A Frost branch in Kyle, Texas is shown, with "Frost" signage on the building.
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    Permission granted by Frost
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    Frost CEO warns of ‘race to the bottom’ on Texas loan structure

    While $54 billion-asset Frost Bank seeks to remain competitive on price, the structure element of loans can be tough, because it’s “dangerous to do that poorly,” CEO Phil Green said.

    By • Aug. 3, 2026
  • An aerial shot of the Washington State Capitol in Olympia.
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    David Ryder/Getty Images via Getty Images
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    Activist investor prods Washington bank to sell

    Down Range Capital Opportunity Fund is urging the board of $2.3 billion-asset Cashmere Valley Bank to find a buyer, saying its value “can only be unlocked” through a sale.

    By • July 29, 2026
  • Exterior view of a PNC Bank branch with a revolving glass door. The building facade has large vertical columns. The PNC Bank sign features a blue and orange color scheme above the entrance.
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    Alamy
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    PNC’s wealth unit targets mass-affluent clients with lending option

    The Pittsburgh-based lender is pursuing a national identity, and national banks have put more focus on a securities-based lending-type solution in recent years, an executive said.

    By • July 29, 2026
  • Two blue ATMs are housed within a modern facade featuring the PNC logo above and are accessible from the sidewalk.
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    Alamy
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    PNC names CISO, while Truist powers up in wealth

    PNC’s new chief information security officer and Truist’s new wealth head each spent decades with, and climbed the ranks at, their prior employers.

    By • July 28, 2026
  • The building features the bank's distinctive green and white signage, with large glass windows and a brick façade with a clear blue sky behind it.
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    Alamy
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    Huntington banks on fee growth amid deposit cost competition

    As the regional lender’s deposit costs edge up, strong fee revenue can offset the bank’s slightly lower than expected net interest income, CFO Zach Wasserman said.

    By • July 27, 2026
  • people stand in line outside of banco popular in puerto rico.
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    Joe Raedle via Getty Images
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    Banco Popular CEO to retire

    Puerto Rico’s largest lender is moving its CFO, Jorge García, into its chief executive role when Javier Ferrer exits the bank Aug. 31.

    By • July 27, 2026
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    Q&A

    Tasks, not customer tiers should drive bank AI use: Deloitte

    Everybody needs “to be heard, comforted, educated in times of high stress,” a Deloitte consultant said. Customers who are lower on the value scale need to receive the same excellent experience “or you're going to lose them.”

    By • July 24, 2026
  • An aerial view of a city with snow-covered mountains behind it.
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    Alaska bank to buy Oregon lender for $167.3M

    By acquiring Medford, Oregon-based People’s Bank of Commerce, Anchorage-based Northrim Bank will grow to $4.2 billion in assets and 32 branches.

    By • July 23, 2026
  • South Carolina State House
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    Retrieved from Wikimedia Commons.
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    Black-owned banks Optus, M&F to merge

    The roughly $105 million deal, set to close in the fourth quarter, will create a $1.3 billion-asset entity, the largest Black-owned bank in the country, the institutions said Wednesday.

    By • July 23, 2026