Retail: Page 4


  • Legal finance
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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 Sept. 25, 2025
  • Revolut card with logo
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    Courtesy of Revolut Press Kit
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    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 Sept. 24, 2025
  • Trendline

    Artificial 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
  • Lancaster Pennsylvania downtown skyline
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    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 Sept. 24, 2025
  • The Office of the Comptroller of the Currency's seal hangs on a brick building.
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    Permission granted by Office of the Comptroller of the Currency
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    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 Sept. 22, 2025
  • An aerial shot of Bozeman, Montana in summertime.
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    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 Sept. 19, 2025
  • An exterior building features contemporary architectural elements, with large glass windows and the BMO logo prominently displayed.
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    Alamy
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    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 Sept. 19, 2025
  • A stone building facade shows the words "Bank of America Tower" above a glass paneled entrance, with stone steps below.
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    Caitlin Mullen/Banking Dive
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    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 Sept. 17, 2025
  • Sathish Muthukrishnan poses with arms crossed
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    Retrieved from Ally on July 23, 2025
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    Q&A

    Ally 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 Sept. 17, 2025
  • The Dallas, Texas skyline shows skyscrapers and highways.
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    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 Sept. 16, 2025
  • Trees are seen in the foreground with lake and mountains in the background.
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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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    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
  • A green sign reads "TD" in white letters.
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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 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, adding, “the path to growth is long and curious, and unpredictable.”

    By Sept. 10, 2025
  • Layofdfs
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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
  • Two blue ATMs are housed within a modern facade featuring the PNC logo above and are accessible from the sidewalk.
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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
  • Person walking by Chase bank building
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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
  • A stone building with the words "The Bank of New York" and "1930" inscribed is shown from below looking up.
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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
  • A city street with low-rise brick buildings and a steepled building.
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    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
  • A doorway tucked back from the street is shown within a stone building and the "Chase" logo and name above the entrance.
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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
  • wichita along arkansas river
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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
  • A blue sign with white letters reads "Home | ANZ" and the bank's logo
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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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    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
  • Two people walk past a Chase bank branch.
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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