Retail
-
Caitlin Mullen/Banking Dive
First Citizens to acquire 138 BMO branches
Buying the branches, which span 11 states, furthers First Citizens’ effort to expand nationally, bank executives said. One analyst, though, said it gives the North Carolina-based lender “a weird map.”
By Caitlin Mullen • Oct. 16, 2025 -
Permission granted by Office of the Comptroller of the Currency
Stripe’s Bridge applies for national trust charter
Bridge joins a growing list of crypto-native firms, including Coinbase, Circle, Ripple and Paxos, which have applied for an OCC charter this year.
By Gabrielle Saulsbery • Oct. 15, 2025 -
Explore the Trendline➔
Permission granted by Frost Bank
TrendlineTop 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 -
Getty Images
First Horizon keeps options open amid M&A uptick
The Memphis, Tennessee-based bank’s CEO is “increasingly confident in our ability to integrate a well-structured merger,” but also indicated the lender is focused on “optionality,” he said Wednesday.
By Caitlin Mullen • Oct. 15, 2025 -
Jesse Grant / Stringer via Getty Images
Robinhood CEO to community bankers: Don’t be too worried about AI
The chief executive of the day-trading fintech told a group of community bank CEOs last week that small, local lenders have a leg up when it comes to customer relationships.
By Caitlin Mullen • Oct. 15, 2025 -
Getty Images
Citi rejects Grupo Mexico’s $9.3B offer for Banamex
The bank continued to show support for an earlier bid from billionaire Fernando Chico Pardo to take a 25% stake in the Mexican lender, in combination with an initial public offering.
By Dan Ennis • Oct. 10, 2025 -
Getty Images
Banks more often retain defrauded customers if they can attribute blame: study
Whether or not a bank’s fraud investigation results in finding the perpetrator “actually does matter quite a bit in terms of customers continuing with banks,” said Vamsi Kanuri, marketing professor at the University of Notre Dame.
By Caitlin Mullen • Oct. 10, 2025 -
Andrew Harnik / Staff via Getty Images
Bessent urges community bank CEOs to ‘go on the offense’
Community lenders that make it through the next decade will have embraced technology and attracted younger customers, the Treasury secretary said at a Fed conference Thursday.
By Caitlin Mullen • Oct. 9, 2025 -
Rob Carr via Getty Images
Baltimore sues MoneyLion over alleged predatory lending tactics
City officials filed a lawsuit against the fintech, alleging it operates as a “modern-day payday lender,” charging customers exorbitant interest despite marketing its loans as “zero interest.”
By Caitlin Mullen • Oct. 8, 2025 -
Courtesy of Fifth Third Bank
Fifth Third-Comerica bolsters Texas deal activity
Analysts look to pinpoint the next bank takeover target – citing First Horizon, Webster and Cadence – as the banking sector comes off its hottest M&A quarter in four years.
By Caitlin Mullen • Oct. 8, 2025 -
Kate Tornone/Banking Dive
Citizens rolls out student hub to boost customer engagement, loyalty
The bank launched a resources section on its website geared toward offering holistic, personalized advice and resources for its student customers.
By Kristen Doerer • Oct. 8, 2025 -
Michael M. Santiago via Getty Images
Citi has a competing bid for Banamex
Grupo Mexico, a onetime front-runner for Citi’s Mexico retail presence, disclosed a bid to one-up billionaire Fernando Chico Pardo’s play for a 25% stake, and would purchase the rest, too. Citi, however, said it hadn’t received it.
By Dan Ennis • Oct. 6, 2025 -
Alamy
Fifth Third to acquire Comerica for $10.9B
The deal, expected to close by March, will create a $288 billion-asset bank among the nation’s 10 largest.
By Gabrielle Saulsbery • Oct. 6, 2025 -
Getty Images
Synchrony buys financing software provider
Versatile Credit’s consumer financing platform can lead to more sales for merchants and increase access to credit for consumers, the issuer said.
By Caitlin Mullen • Oct. 3, 2025 -
Getty Images
Prosperity scoops up another Texas bank for $269M
The Houston-based lender, which “treats M&A as a line of business,” is likely to consider more acquisition opportunities while closing and integrating its two most recently announced deals, an analyst said.
By Caitlin Mullen • Oct. 2, 2025 -
Caitlin Mullen/Banking Dive
Wells Fargo tweaks SMB to fuel growth
April Schneider, who joined Wells from BofA last year, said her segment is one of the “top priority rails” on the bank’s growth map.
By Caitlin Mullen • Oct. 2, 2025 -
Getty Images
2026 banking conference roundup
Gatherings can be idea generators, or crucial chances to network — especially amid an environment where political change can yield previously unexpected possibilities and partnerships.
By Dan Ennis • Oct. 1, 2025 -
Spencer Platt / Staff via Getty Images
TD wants to get ‘back to winning’
The Canadian lender’s executives detailed plans to slash costs by $1.8 billion a year and deepen customer relationships to make the bank more efficient while revving up revenue growth.
By Caitlin Mullen • Sept. 30, 2025 -
David Ryder via Getty Images
Washington banks to combine in $176.6M deal
Heritage Financial will buy Kitsap Bank – adding 17 locations to bolster its presence on two peninsulas west of Seattle. It’ll be Heritage’s first acquisition since 2018.
By Dan Ennis • Sept. 29, 2025 -
Getty Images
Mid Penn to buy NJ bank, Florida investment firm
The serial acquirer seeks to buy its seventh bank in about 11 years, New Jersey-based 1st Colonial, for $101 million. The following day, Mid Penn said it’s acquiring an investment management firm, too.
By Caitlin Mullen • Sept. 29, 2025 -
Getty Images
Indiana’s First Merchants to buy in-state peer for $241.3M
The deal would give the Muncie, Indiana-based bank $21 billion in assets and entry to the neighboring Louisville, Kentucky, market.
By Gabrielle Saulsbery • Sept. 26, 2025 -
Win McNamee / Staff via Getty Images
Citi sells 25% stake in Banamex for $2.3B
The bank incurred a $726 million goodwill impairment charge from the transaction, which is set to close in the second half of 2026.
By Dan Ennis • Sept. 25, 2025 -
Getty Images
Flatirons Bank sues competitor over ‘aggressive’ turf war
A Colorado bank and its Virginia rival, Eastern Point Trust Co., have traded lawsuits that have alleged anticompetitive practices and intellectual property infringement in the qualified settlement fund space.
By Gabrielle Saulsbery • Sept. 25, 2025 -
Courtesy of Revolut Press Kit
Revolut to invest $13B in global expansion
The U.K. bank is eyeing 30 new markets by 2030, and 100 million global customers by 2027.
By Gabrielle Saulsbery • Sept. 24, 2025 -
Getty Images
QNB to buy smaller Pennsylvania bank for $41M
The transaction, expected to close as soon as the fourth quarter, will create a company with about $2.4 billion in assets and a combined market cap of $173 million.
By Gabrielle Saulsbery • Sept. 24, 2025 -
Permission granted by Office of the Comptroller of the Currency
OCC bans five from TD, Wells, PNC
Five former bank employees have been penalized in cases that involve alleged PPP fraud, misappropriation and theft.
By Gabrielle Saulsbery • Sept. 22, 2025
