Retail: Page 2
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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 -
Explore the Trendline➔
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TrendlineArtificial intelligence
The heavily regulated banking sector rarely gets to trailblaze. But with AI, an all-in mentality is fueling both research and adoption.
By Banking Dive staff -
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 -
Retrieved from Carol M. Highsmith.
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 -
Dive Newsdesk: Truist enlists AI in prioritizing personalization
An AI tool has delivered about 1 billion insights to mobile and online banking clients, said bank executive Sherry Graziano.
By Caitlin Mullen • Nov. 4, 2025 -
Q&A
6 questions with Barclays’ US CMO
Two decades into its U.S. presence, Barclays continues to invest in – and innovate – its partnership model, Chief Marketing and Experience Officer Lili Tomovich said.
By Gabrielle Saulsbery • Nov. 3, 2025 -
Dive Newsdesk: U.S. Bank concentrates on unified experiences for SMBs
As the lender boosts its digital capabilities, it’s turned to partnerships with fintechs Melio and Gusto for faster time to market, said Shruti Patel, chief product officer for business banking.
By Caitlin Mullen • Nov. 3, 2025 -
Fifth Third aims to ‘reset the narrative’
“I think people see a financial institution and think that we're slow and that we don't have technology, or that we're last to market,” a Fifth Third executive said, as the bank prepares to roll out enhancements to its app.
By Caitlin Mullen • Oct. 30, 2025 -
Ohio bank broaches Tennessee with $317.3M acquisition
Park National Corp.’s proposed purchase of Dyersburg, Tennessee-based First Citizens Bancshares would bridge the Ohio lender’s Midwest and Southeast territories and push the bank beyond $10 billion.
By Dan Ennis • Oct. 29, 2025