SoFi launches stablecoin infrastructure

Banks and fintechs will be able to white-label SoFi’s stablecoin, and those stablecoins will be interchangeable with SoFiUSD, a spokesperson for the company said.

By Gabrielle Saulsbery • Dec. 18, 2025

Huntington waves off expanding beyond Cadence footprint

“We’re not going to be trying to go national, or West Coast, or Northeast, or other stuff,” CEO Steve Steinour said last week at an investor conference.

By Caitlin Mullen • Dec. 16, 2025

Explore the Trendline➔

Artificial 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

Wells Fargo branch in Connecticut files for union election

Employees at Wallingford’s North Colony branch wrote to Wells Fargo CEO Charlie Scharf this month, noting understaffing and last-minute schedule changes, and imploring him to recognize their union.

By Gabrielle Saulsbery • Dec. 16, 2025

Investor HoldCo urges Comerica shareholders to reject Fifth Third deal

Fifth Third is “obligated to try to re-cut” the deal, HoldCo said, adding the bank likely didn’t expect Comerica to accept “the low end of its first offer.”

By Dan Ennis • Dec. 15, 2025

Wells Fargo sees digital boost from branch refurbishments

The bank plans to renovate branches in Los Angeles, San Francisco and Atlanta in 2026, the lender’s head of branch systems and transformation said.

By Caitlin Mullen • Dec. 15, 2025

BaFin hits N26 with additional oversight

The German neobank has run into compliance issues before, in 2021. On Monday, BaFin appointed a special monitor to keep tabs on the neobank's compliance arm.

By Gabrielle Saulsbery • Dec. 15, 2025

OCC cites 9 big banks’ ‘inappropriate’ debanking actions

The agency stopped short of detailing specific instances but pointed to policy statements from 2020 through 2022 in a preliminary report issued Wednesday.

By Dan Ennis • Dec. 11, 2025

PNC’s Demchak bemoans M&A speculation

The PNC CEO said everyone’s a buyer, and price tags are too high on small-bank sellers. But at the same time, he blasted critics of his franchise’s FirstBank deal.

By Caitlin Mullen • Dec. 11, 2025

‘The world is our oyster now’: Wells Fargo CEO

Speaking about his bank’s post-asset cap outlook, Wells CEO Charlie Scharf called AI a “positive reality,” but hinted at fourth-quarter job cuts.

By Dan Ennis • Dec. 10, 2025

Fifth Third CEO downplays HoldCo lawsuit over Comerica deal

The lawsuit against Fifth Third and Comerica has “been filed for basically every major deal” done over the past several years, “and I expect that'll work its way out through the courts in due time,” Tim Spence said Wednesday.

By Caitlin Mullen • Dec. 10, 2025

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

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