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‘New Citi’ makes its pitch
Bank executives sought to convey just how far Citi has come in recent years and how its growth plans will drive higher returns. Executing on the strategy could prove “challenging,” an analyst noted.
By Caitlin Mullen • May 8, 2026 -
Failed Oklahoma bank’s ex-CEO pleads guilty to bank fraud
Danny Seibel faces up to 30 years in prison and a fine of up to $1 million.
By Gabrielle Saulsbery • May 8, 2026 -
Explore the Trendline➔
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TrendlineArtificial intelligence
Banks must decide whether to forge AI tools in-house or partner with outside firms. AI’s importance can’t be understated, but legacy tech may also constrain the budget for banks looking to innovate.
By Banking Dive staff -
Column
Dive Deposits: Citi prepares for a small-t transition
After a massive reorg, a tech revamp and exits from a dozen foreign markets, an updated target for return on tangible common equity may feel “underwhelming.” But Citi may be embracing incremental change.
By Dan Ennis • May 7, 2026 -
U.S. Bank takes ‘quieter’ approach to branch expansion
The bank is prioritizing branch density and working to fix “unevenness” across its 26-state footprint. But it hasn’t committed to a specific number of branch builds.
By Caitlin Mullen • May 7, 2026 -
M&T takes ‘patient’ approach to M&A, CFO says
The Buffalo, New York-based regional has “a specific number of candidates that we're talking to” but an acquisition “will happen when it happens,” M&T CFO Daryl Bible said Tuesday.
By Caitlin Mullen • May 6, 2026 -
Cambridge Savings Bank expands into NH in $80.9M deal
Buying First Seacoast Bank will add five branches to the $7 billion-asset Massachusetts lender, and give Cambridge nearly $600 million in extra assets.
By Dan Ennis • May 5, 2026 -
Citizens Bank customers pull money over lender’s ICE ties
Nonprofit organizations and individual customers are pushing back against Citizens' relationships to two ICE detention center operators.
By Gabrielle Saulsbery • May 4, 2026 -
Florida’s BayFirst makes a switch at CEO
The bank named Tampa banking veteran Al Rogers as its top executive amid an $80 million capital raise and a reinforced commitment to community banking.
By Dan Ennis • May 4, 2026 -
Washington bank Banner to buy Pacific Financial for $177M
The deal, expected to close in the third quarter, will result in a combined entity with $18 billion in assets.
By Gabrielle Saulsbery • May 1, 2026 -
Citi adds AI-powered adviser in wealth unit
Discussions are underway to use the agentic AI tool more broadly across the bank, “especially with the credit card business,” said Joe Bonanno, head of wealth intelligence at Citi.
By Caitlin Mullen • May 1, 2026 -
Fintech OppFi to buy Arizona bank for $130M
The Chicago-based subprime lender said pairing its online platform with BNC’s national bank charter lets it offer more banking services on a broader scale.
By Caitlin Mullen • April 29, 2026 -
‘We are a new banking desert’: Oregon bank group CEO
A tax credit, set to take effect in June, aims to stimulate de novo activity in the state, which hasn’t chartered a new bank since 2007.
By Caitlin Mullen • April 29, 2026 -
Q&A
U.S. Bank marketing chief: Brand refresh conveys ‘we’ve arrived’
As part of a brand revitalization, the super-regional bank is using jewel tones to project sophistication and harnessing its shield design in novel ways, CMO Michael Lacorazza said.
By Caitlin Mullen • April 28, 2026 -
Mercury nabs conditional OCC charter
The fintech has received conditional approval four months after it applied for a national bank charter, when it named SoFi alum Jon Auxier as CEO of the proposed Mercury Bank.
By Gabrielle Saulsbery • April 28, 2026 -
Ohio’s Peoples Bank to expand in Kentucky
The sale of Citizens Bank of Kentucky’s securities portfolio will help Peoples remain under $10 billion in assets.
By Gabrielle Saulsbery • April 27, 2026 -
Associated Bank CEO wants to pave ‘highway to private wealth’
After renovations to the Midwest lender’s retail and commercial banks, accelerating growth in private wealth will be the focus in 2027, Andy Harmening said.
By Caitlin Mullen • April 27, 2026 -
Trump calls out Wells Fargo, banks over LA fire response
The federal government “will be looking into” banks’ actions following last year’s fires, the president said in a social media post Thursday. "The Banks must treat those people … very fairly and well."
By Gabrielle Saulsbery • April 24, 2026 -
Huntington whittles expense growth
The regional bank is pruning some investments in hiring and technology amid a tighter focus on controlling cost increases, its CFO said.
By Caitlin Mullen • April 24, 2026 -
PNC to cut 777 FirstBank jobs this summer
The reductions at the acquired bank’s Colorado headquarters are designed to stem “overlap.” PNC, in a statement, touted the Denver market as a strong, strategic talent base for technology at the bank.
By Dan Ennis • April 23, 2026 -
LendingClub to rebrand as Happen Bank
CEO Scott Sanborn indicated the name change has the digital bank’s moniker catching up with what the company has become.
By Caitlin Mullen • April 22, 2026 -
Nicolet sells Denver locations to Sunwest
The banks did not disclose the value of the deal, set to close in the third quarter.
By Dan Ennis • April 22, 2026 -
SC lender drills down on Atlanta area with $100.8M deal
United Community Banks’ purchase of Peach State Bank would give the acquisitive lender two extra branches and $788 million in assets from fast-growing Hall County.
By Dan Ennis • April 22, 2026 -
Banks’ CX matters when it comes to stock performance, study finds
National banks identified as customer experience leaders delivered a cumulative total stock return 2.4 times greater than CX laggards over a nine-year period, Watermark Consulting research found.
By Bryan Wassel • April 22, 2026 -
Truist CEO defends bank’s growth plans
Asked about M&A – including whether the bank would consider selling – CEO Bill Rogers said he didn’t “know how to be more clear, that that's just not a priority for us.”
By Caitlin Mullen • April 20, 2026 -
Citi, Wells, PNC CEOs dismiss M&A likelihood
Citi CEO Jane Fraser shut down reports the lender is pursuing a bank acquisition. Wells Fargo and PNC’s CEOs, too, stressed their focus on organic growth over M&A.
By Caitlin Mullen • April 15, 2026