Retail

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    Lund, Ken. Retrieved from Flickr.
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    Washington bank sued by hedge fund names next CEO

    Curt Queyrouze, most recently president of Coastal Community Bank, was chosen as First Fed’s next CEO, following the resignation of former CEO Matthew Deines in July.

    By • Sept. 15, 2025
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    Sean Pavone via Getty Images
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    Zions CEO eyes acquisition opportunities

    The $89 billion-asset regional is “a really good partner” for small banks that “are going to be looking for a home,” its CEO said this week.

    By • Sept. 12, 2025
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    Trendline

    Top 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
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    Spencer Platt / Staff via Getty Images
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    TD names next COO, general counsel

    The Canadian lender hired its incoming operations chief from HSBC and general counsel from BMO. Meanwhile, a 37-year TD vet will take on a global marketing role.

    By • Sept. 11, 2025
  • A glass office building with the word "Pinnacle" and its logo on the exterior is seen from high above Nashville's downtown.
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    Permission granted by Pinnacle Financial Partners
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    Merger with Synovus isn’t ‘Truist 2.0,’ Pinnacle CEO says

    The CEOs of Pinnacle and Synovus sought to assure investors Tuesday that they learned from other recent mergers of equals and sorted out a number of decisions early on.

    By • Sept. 11, 2025
  • A PNC branch in Denver is shown, with "PNC Bank" signage on the exterior of the building.
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    Courtesy of PNC
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    PNC CEO: ‘We just effectively bought Colorado’

    If PNC finds another acquisition target like FirstBank, “we’d probably do it,” CEO Bill Demchak said Tuesday, adding, “the path to growth is long and curious, and unpredictable.”

    By • Sept. 10, 2025
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    Stock via Getty Images
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    Minnesota’s Bremer Bank to lay off 244 after sale to Old National

    The employee reductions will go into effect in October and November, according to a WARN notice filed with the state. Old National’s acquisition of Bremer closed May 1.

    By • Sept. 10, 2025
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    Alamy
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    PNC to acquire FirstBank in $4.1B deal

    The move would triple PNC’s presence in Colorado and boost its Arizona footprint by more than a dozen branches, the bank said.

    By • Sept. 8, 2025
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    Spencer Platt via Getty Images
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    JPMorgan to launch digital retail bank in Germany in 2026

    Germany will be the Wall Street bank’s second European retail market after entering the U.K. in 2021.

    By • Sept. 4, 2025
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    Mario Tama / Staff via Getty Images
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    BNY offers cyber, AI training for community bankers

    The program is set to address cybersecurity, artificial intelligence and data analytics – topics that came up in a survey of community bankers BNY fielded last year.

    By • Sept. 4, 2025
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    Sean Pavone via Getty Images
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    FNB dives deeper into the Southeast

    First National Bank aims to add more branches in North and South Carolina, joining a growing list of banks doubling down on their presence in the region.

    By • Sept. 3, 2025
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    Caitlin Mullen/Banking Dive
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    JPMorgan Chase’s ‘small bites’ approach to growth pays off

    The largest U.S. lender is closely tracking customer migration as it maps out where to add more branches, its Southeast consumer-banking lead says.

    By • Sept. 3, 2025
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    The image by Wichita Regional Chamber of Commerce is licensed under CC BY 2.0
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    Kansas bank to broach Nebraska in $122.8M deal

    Equity Bancshares’ merger with Frontier Holdings, set to close in the fourth quarter, is expected to bolster the Wichita lender’s footprint with seven added locations, along with $1.4 billion in new assets.

    By • Sept. 3, 2025
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    Thomas Lohnes via Getty Images
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    HSBC US CEO leaves for Deutsche Bank

    Lisa McGeough took the helm of the British lender’s U.S. operations in January. Jason Henderson, deputy head of U.S. banking at HSBC, has stepped into McGeough’s former role.

    By • Sept. 2, 2025
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    Lisa Maree Williams / Stringer via Getty Images
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    ANZ bankers learned they were axed in email error

    Roughly 300 retail bankers at one of Australia’s largest lenders discovered, through an automated email – before higher-ups told them – that they were losing their jobs.

    By • Aug. 28, 2025
  • The Capital One logo is displayed on the side of its headquarters in McLean, Va.
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    Win McNamee via Getty Images
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    FDIC: Capital One-Discover deal dents Q2 bank profit

    Aggregate net income for banks insured by the regulator fell 1%, to $69.9 billion, in the quarter, due to higher provision expenses tied to Capital One’s acquisition of Discover.

    By • Aug. 27, 2025
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    Spencer Platt via Getty Images
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    JPMorgan Chase relaunches HELOC loans after 5-year break

    The bank stopped offering home equity lines of credit in April 2020 due to economic uncertainty and now looks to capitalize on high home values.

    By • Aug. 27, 2025
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    AscentXmedia via Getty Images
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    First Horizon doubles down on Charlotte hiring

    The Memphis, Tennessee-based regional lender is tapping the North Carolina city’s talent pool to grow its digital team, said Laura Bunn, the bank’s mid-Atlantic regional president.

    By • Aug. 27, 2025
  • A glass office building with the word "Pinnacle" and its logo on the exterior is seen from high above Nashville's downtown.
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    Permission granted by Pinnacle
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    Synovus, Pinnacle plan post-merger C-suite

    In perhaps a nod to a lesson learned from the Truist combination, the two regional banks laid out the combined company’s management team.

    By • Aug. 22, 2025
  • People stand in front of the exterior of a modern bank branch that features the words and logo "U.S. Bank" on the front. A sign in the window reads "Now open."
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    Caitlin Mullen/Banking Dive
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    U.S. Bank wants a piece of Charlotte, too

    The Minneapolis-based super-regional opened its seventh branch this week in North Carolina’s largest city, and wants to double its presence in a market where Truist, BofA and Wells Fargo are heavily entrenched.

    By • Aug. 22, 2025
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    John Moore via Getty Images
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    Washington’s 1st Security names next CEO

    Matthew Mullet, who was named president of the bank in July 2024, will succeed Joseph Adams as CEO in September.

    By • Aug. 21, 2025
  • 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 aims to build 100 new branches in a mass-affluent grab

    The bank is targeting high-growth markets such as Austin, Miami and Dallas in a push that involves hiring more advisers, refining its AI tools and renovating 300 of its current branches.

    By , • Aug. 20, 2025
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    Caitlin Mullen/Banking Dive
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    Ex-Regions teller banned from banking after alleged theft

    Markel O’Neal Calhoun stole nearly $18,000 from the bank last February, the Federal Reserve alleged.

    By • Aug. 20, 2025
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    Ultima_Gaina via Getty Images
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    Virginia’s TowneBank to buy NC’s Dogwood in $476.2M deal

    The move would add 17 branches – many along the I-85 corridor in the Carolinas. TowneBank is set to close a separate acquisition of Old Point Financial on Sept. 1.

    By • Aug. 19, 2025
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    Permission granted by Jefferson Bank
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    Texas lender embraces independence amid flurry of consolidation

    “People like to do business with folks that know the community, know the state, know the region,” and “that’s where banks of our size fit,” said Danny Butler, CEO of San Antonio-based Jefferson Bank.

    By • Aug. 19, 2025
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    Jemal Countess / Stringer via Getty Images
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    CIBC taps new US CEO

    The Canadian bank named Kevin Li the next CEO of its U.S. operations. Current U.S. CEO Shawn Beber will shift to a special adviser role in November before retiring next July.

    By • Aug. 13, 2025