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Chicago suburb sues Fifth Third for ex-mayor’s alleged theft
Fifth Third acted in violation of “reasonable” banking standards by allowing Dolton’s then-mayor to cash $1.9 million in vendor checks without the village clerk’s signature, a lawsuit alleged.
By Gabrielle Saulsbery • Feb. 13, 2026 -
Caitlin Mullen/Banking Dive
Judge: ‘Blind-eye’ accusation sufficient in BofA’s Epstein case
A bank spokesperson reiterated Thursday that the lender looks forward “to a full review of the facts.”
By Caitlin Mullen • Feb. 12, 2026 -
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TrendlineArtificial intelligence
Banks’ focus on AI has shifted from a “cool-toys” mentality to one that sees the technology as a foundational pillar underlying finance and society itself.
By Banking Dive staff -
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Ex-Schwab employee found guilty of fraud, ID theft
A former bank employee, hired by an unnamed Cleveland-based bank and then Charles Schwab to help protect customers from fraud, faces up to 30 years in prison.
By Gabrielle Saulsbery • Feb. 11, 2026 -
Justin Sullivan / Staff via Getty Images
Wells Fargo charts consumer growth after ‘tear-down’
The once-limited lender aims to grow consumer deposits faster than the market, and better branch productivity will become a more meaningful contributor in that endeavor, the bank’s CFO said.
By Caitlin Mullen • Feb. 11, 2026 -
Joe Raedle / Staff via Getty Images
Capital One pays CEO Fairbank $40M for 2025
The pay package represents an approximately 19% raise over the $33.5 million Fairbank received for 2024.
By Caitlin Mullen • Feb. 9, 2026 -
Caitlin Mullen/Banking Dive
Inside Bank of America’s plan for credit card growth
The country’s second-largest lender is investing heavily in digital enhancements, increased marketing and a refresh to its rewards program, a bank executive said.
By Caitlin Mullen • Feb. 5, 2026 -
Eduardo Munoz Alvarez via Getty Images
NJ banks to merge in $597M deal
Columbia Bank and Northfield Bank will combine to create a bank with $18 billion in assets, bringing Columbia’s footprint into New York state for the first time.
By Gabrielle Saulsbery • Feb. 4, 2026 -
Santander to buy Webster for $12.3B
The acquisition would create a top-10 retail and commercial bank in the U.S. by assets and a top-five deposit franchise in the Northeast, the banks said Tuesday.
By Caitlin Mullen • Feb. 3, 2026 -
Alamy
U.S. Bank COO to retire this spring
The bank hasn’t yet named a successor for Souheil Badran, but said he will be involved in the leadership transition.
By Gabrielle Saulsbery • Feb. 3, 2026 -
Spencer Platt / Staff via Getty Images
Flagstar returns to profitability
Two years after commercial real estate loans sent the bank into a spiral, the Long Island-based lender is “pivoting to the growth side of the story,” its CFO said Friday.
By Dan Ennis • Feb. 2, 2026 -
Permission granted by Frost
Frost Bank stays the course amid Texas M&A spurt
The San Antonio-based lender has “zero interest” in M&A, CEO Phil Green said – so much so that he said no one approaches him anymore. “They know I’m not in that game.”
By Caitlin Mullen • Feb. 2, 2026 -
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What’s coming for the banking industry in 2026
2025 brought a surge of M&A. Expect more this year. De novo applications, too, spiked last year. That should continue. If regulation was stripped down in 2025, expect a buildup – with a different look.
By Banking Dive staff • Jan. 30, 2026 -
Permission granted by UMB
UMB CEO takes ‘measured’ tone on M&A
After integrating HTLF, UMB has learned that “between close and conversion, expectations should be more muted for growth out of the acquired company,” CEO Mariner Kemper said Wednesday.
By Caitlin Mullen • Jan. 29, 2026 -
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Prosperity Bank continues its Texas tear
The Houston-based lender agreed to buy Stellar Bank in a roughly $2 billion deal expected to close in the second quarter. The transaction would be Prosperity’s third announced acquisition since July.
By Dan Ennis • Jan. 28, 2026 -
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Judge rejects HoldCo’s challenge of Comerica-Fifth Third deal
After the activist investor filed an emergency motion to stall the merger’s closing, set for Feb. 1, a Delaware Court of Chancery judge denied it, saying Monday that HoldCo failed “to clear that high hurdle.”
By Caitlin Mullen • Jan. 28, 2026 -
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Former Citi exec sues bank, alleging sexual harassment
Citi’s former global head of platform and experiences said she was subject to a campaign of sexual harassment, manipulation and grooming involving the bank’s wealth chief.
By Gabrielle Saulsbery • Jan. 27, 2026 -
Stephen Maturen / Stringer via Getty Images
U.S. Bank CEO, other Minnesota execs seek ‘de-escalation’
Gunjan Kedia and other CEOs of large Minnesota-based companies urged local and federal officials to collaborate on “real solutions” in the wake of a second shooting death by federal immigration agents in Minneapolis.
By Caitlin Mullen • Jan. 27, 2026 -
Courtesy of The Office of the Comptroller of the Currency
Ally taps former acting OCC chief as policy adviser
Rodney Hood, who has served as acting comptroller of the currency and chair of the National Credit Union Administration, will serve as a senior policy adviser to Ally CEO Michael Rhodes.
By Caitlin Mullen • Jan. 27, 2026 -
Permission granted by Eastern Bank
Eastern Bank eschews M&A in face of investor complaint
Activist investor HoldCo Asset Management urged the bank to sell to a larger regional, such as M&T. Executives Friday said Eastern, after completing a deal last October, had attained “the size and scale to compete effectively.”
By Caitlin Mullen • Jan. 26, 2026 -
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FDIC conditionally approves Ford, GM ILC charters
Both automakers must stand up their respective banks within 12 months. After that, they must maintain a minimum 15% tier 1 leverage ratio.
By Gabrielle Saulsbery • Jan. 23, 2026 -
Caitlin Mullen/Banking Dive
Huntington doesn’t ‘need to be national to win,’ CFO says
Concentration on specific segments and geographies is “the predominant factor in success,” said the Ohio-based regional’s CFO, Zach Wasserman. “That's where we're doubling down.”
By Caitlin Mullen • Jan. 23, 2026 -
Alamy
KeyCorp names new lead independent director
Two other board members will retire at the bank’s annual meeting. Activist investor HoldCo Asset Management sought board changes, among other demands, in a presentation last month.
By Gabrielle Saulsbery • Jan. 21, 2026 -
Drew Angerer / Staff via Getty Images
‘We’re coming’ to ‘fight you,’ PNC’s Demchak warns banks
“A regional bank that’s trying to protect its moat in a shrinking market, as the large banks and PNC come into their market, is a tough place to be,” CEO Bill Demchak said.
By Caitlin Mullen • Jan. 21, 2026 -
Courtesy of Fifth Third
Fifth Third CEO flags acquisition-related cuts
A WARN notice Comerica filed this month indicates 184 jobs are being reduced at the Dallas-based bank’s Frisco, Texas, location.
By Caitlin Mullen • Jan. 20, 2026 -
Permission granted by First Horizon
First Horizon calls out Raleigh as a market of interest
The bank’s CFO said First Horizon isn’t interested in a large acquisition, but if a smaller bank with a handful of branches were to come for sale, “we’re going to run the math.”
By Caitlin Mullen • Jan. 16, 2026
