KeyBank has ‘no interest’ in buying a bank, CEO says

Chris Gorman on Tuesday appeared to try to placate an activist investor by emphasizing the Cleveland-based lender is uninterested in bank M&A, although it is considering nonbank deals.

By Caitlin Mullen • Dec. 9, 2025

Arkansas bank to broach Tennessee in $150.1M deal

Buying Knoxville-based Mountain Commerce Bank will give Home BancShares seven branches in coveted Tennessee markets and create a $25 billion-asset lender, the banks said.

By Dan Ennis • Dec. 8, 2025

Explore the Trendline➔

Artificial intelligence

Banks are enthusiastic about AI’s promises. But can they get customers on board, and will regulators let the innovation happen?

By Banking Dive staff

Investor wants KeyBank CEO fired

HoldCo Asset Management – which demanded that Comerica sell itself, then sued the bank after it did – accused Key’s top executive of waffling on M&A and weakness on capital management.

By Dan Ennis • Dec. 5, 2025

Chime won’t rule out bank charter pursuit, COO says

The fintech, which went public in June, periodically evaluates whether obtaining a bank charter makes more sense than relying on bank partners to offer its services to consumers, COO Mark Troughton said.

By Caitlin Mullen • Dec. 4, 2025

Binance names co-founder as co-CEO

Yi He co-founded the firm with Changpeng Zhao, her life partner and Binance’s former CEO, in 2017.

By Gabrielle Saulsbery • Dec. 3, 2025

Lubbock bank to buy Houston lender for $106M

Acquiring the holding company for Bank of Houston would give $4.4 billion-asset South Plains Financial an additional $772 million in assets and bolster its footprint in the Houston area.

By Caitlin Mullen • Dec. 3, 2025

HSBC names interim chair to role permanently

The move comes a day after CEO Georges Elhedery downplayed the likelihood that 76-year-old KPMG alum Brendan Nelson would serve long-term.

By Dan Ennis • Dec. 3, 2025

Canada’s Laurentian Bank splits off its commercial, retail ops

National Bank of Canada will acquire the Montreal lender’s retail presence and Laurentian’s Québec branches will close. Fairstone Bank will buy Laurentian’s commercial lending for $1.4 billion.

By Dan Ennis • Dec. 2, 2025

PNC wants human-level quality in its digital experience

The Pittsburgh-based lender aims to launch its new mobile app in the first half of next year, said Alex Overstrom, the super-regional’s head of retail banking.

By Caitlin Mullen • Dec. 2, 2025

Associated Bank to buy Nebraska lender for $604M

The acquisition would give the Green Bay, Wisconsin-based bank entry into Omaha, along with the No. 2 deposit share in that market.

By Caitlin Mullen • Dec. 1, 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

Green Dot inks deals splitting bank, fintech business

The company, which had been exploring “strategic alternatives” since March, will sell its fintech business to a private equity firm and its bank to a $840 million-asset lender.

By Caitlin Mullen • Nov. 26, 2025

Fulton Financial to buy NJ’s Blue Foundry in $243M deal

The deal comes 18 months after Fulton acquired failed Republic First Bank’s assets, which gave the Pennsylvania-based lender several Garden State locations.

By Gabrielle Saulsbery • Nov. 25, 2025

Ex-Truist employee sentenced in ‘complex’ check-cashing scheme

Eight Georgia residents were each ordered to pay the bank more than $390,000 in restitution as part of the case. 

By Caitlin Mullen • 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

El Paso credit union to buy 11-branch bank

GECU said the deal “sets the stage for a strong combined entity that can support even more members and businesses with their financial needs.”

By Gabrielle Saulsbery • Nov. 18, 2025

Putin approves Citi’s Russia sale

The sale to Renaissance Capital is one piece of a 14-piece puzzle. Citi announced plans to offload its Russian consumer arm and 12 others in 2021, and added Mexico to the list in 2022.

By Gabrielle Saulsbery • Nov. 13, 2025

Wells Fargo aims to entice affluent clients to deepen ties

The lender has rolled out enhanced benefits for premier customers. It’s also added talent and sharpened its management focus on the segment, Wells CFO Mike Santomassimo said recently.

By Caitlin Mullen • Nov. 13, 2025

Telcoin Digital Asset Bank nabs final charter approval

Last month, Telcoin said it had raised $25 million to capitalize the bank. It first applied for a charter with the Nebraska Department of Banking and Finance in October 2023.

By Gabrielle Saulsbery • Nov. 12, 2025

SoFi relaunches crypto trading

“Today marks a pivotal moment when banking meets crypto in one app, on a trusted platform, and driven by our core mission to help our members get their money right,” CEO Anthony Noto said.

By Gabrielle Saulsbery • Nov. 12, 2025

Thrivent Bank aims to pair advice, digital platform in youth push

The only institution to get an ILC charter application approved during the Biden administration seeks to deliver its parent company’s brand of advice earlier in customers’ lifespans, CEO Brian Milton said.

By Caitlin Mullen • Nov. 12, 2025

PNC boosts new-branch effort to 300 by 2030

The Pittsburgh-based bank aims to hire 2,000 new employees and open 35 new locations in Nashville and 25 in Chicago.

By Dan Ennis • Nov. 7, 2025

M&T eschews the temptation of national presence

The Buffalo, New York-based lender remains focused on dominance in its current markets, said CEO René Jones, expressing some doubt that banks can perform at optimal levels as they expand.

By Caitlin Mullen • Nov. 7, 2025

BofA investor day spotlights co-presidents Athanasia, DeMare

In response to an analyst’s skepticism, co-president Jim DeMare said he and Dean Athanasia were put in their positions to help drive “rigor” around bank units meeting growth goals.

By Caitlin Mullen • Nov. 6, 2025

BofA’s Moynihan pledges growth, ‘no excuses’

At the bank’s investor day Wednesday – its first since 2011 – executives outlined investments in payments capabilities, credit card features and market expansion as levers to fuel consumer growth.

By Caitlin Mullen • Nov. 5, 2025