Retail: Page 4
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Flatirons Bank sues competitor over ‘aggressive’ turf war
A Colorado bank and its Virginia rival, Eastern Point Trust Co., have traded lawsuits that have alleged anticompetitive practices and intellectual property infringement in the qualified settlement fund space.
By Gabrielle Saulsbery • Sept. 25, 2025 -
Revolut to invest $13B in global expansion
The U.K. bank is eyeing 30 new markets by 2030, and 100 million global customers by 2027.
By Gabrielle Saulsbery • Sept. 24, 2025 -
Explore the Trendline➔
Getty Images
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 -
QNB to buy smaller Pennsylvania bank for $41M
The transaction, expected to close as soon as the fourth quarter, will create a company with about $2.4 billion in assets and a combined market cap of $173 million.
By Gabrielle Saulsbery • Sept. 24, 2025 -
OCC bans five from TD, Wells, PNC
Five former bank employees have been penalized in cases that involve alleged PPP fraud, misappropriation and theft.
By Gabrielle Saulsbery • Sept. 22, 2025 -
First Interstate CEO: Colorado ‘a better opportunity’ after PNC move
Jim Reuter – who spent 37 years at FirstBank, most recently as CEO – said PNC’s acquisition of the Colorado bank creates opportunities for other local lenders to snag customers and talent.
By Caitlin Mullen • Sept. 19, 2025 -
BMO taps insider as next CFO
Rahul Nalgirkar, CFO of the bank’s U.S. operations, will succeed Tayfun Tuzun, who is set to retire early next year. Like Tuzun, Nalgirkar is a Fifth Third alum.
By Dan Ennis • Sept. 19, 2025 -
BofA boosts minimum hourly wage to $25
The Charlotte, North Carolina-based bank followed through on a 2021 promise to raise its pay floor to that level. And it’s not the only lender to do so this year.
By Caitlin Mullen • Sept. 17, 2025 -
Retrieved from Ally on July 23, 2025
Q&AAlly CIO: Pace of tech change ‘weighs on me’
Sathish Muthukrishnan, the bank’s chief information, data and digital officer, shared what’s surprised him about the use of Ally’s AI platform and the challenges of keeping up with rapid tech evolution.
By Caitlin Mullen • Sept. 17, 2025 -
National Bank Holdings to acquire Texas lender for $369M
Acquiring privately held Vista, which has operations in Texas and Florida, would push Denver-based NBH to $12.4 billion in total assets.
By Caitlin Mullen • Sept. 16, 2025 -
Lund, Ken. Retrieved from Flickr.
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 Caitlin Mullen • Sept. 15, 2025 -
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 Caitlin Mullen • Sept. 12, 2025 -
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 Gabrielle Saulsbery • Sept. 11, 2025 -
Merger with Synovus isn’t ‘Truist 2.0,’ Pinnacle CEO says
The CEOs of Pinnacle and Synovus sought to assure investors that they learned from other recent mergers of equals and sorted out a number of decisions early on.
By Caitlin Mullen • Sept. 11, 2025 -
PNC CEO: ‘We just effectively bought Colorado’
If PNC finds another acquisition target like FirstBank, “we’d probably do it,” CEO Bill Demchak said, adding, “the path to growth is long and curious, and unpredictable.”
By Caitlin Mullen • Sept. 10, 2025 -
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 Gabrielle Saulsbery • Sept. 10, 2025 -
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 Caitlin Mullen • Sept. 8, 2025 -
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 Gabrielle Saulsbery • Sept. 4, 2025 -
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 Caitlin Mullen • Sept. 4, 2025 -
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 Gabrielle Saulsbery • Sept. 3, 2025 -
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 Caitlin Mullen • Sept. 3, 2025 -
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 Dan Ennis • Sept. 3, 2025 -
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 Gabrielle Saulsbery • Sept. 2, 2025 -
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 Gabrielle Saulsbery • Aug. 28, 2025 -
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 Caitlin Mullen • Aug. 27, 2025 -
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 Gabrielle Saulsbery • Aug. 27, 2025