Rabobank takes on US agriculture's lending gap as large banks exit

While farm-loan portfolios of the nation's top 30 banks have declined 17.5% since 2015, Rabo AgriFinance's lending has grown 7% during the same period.

By Anna Hrushka • July 19, 2019

FASB's delay of credit-loss standard not enough, banks say

Banks and credit unions want FASB to do more than just delay new CECL accounting standards; they want the standards revisited.

By Robert Freedman • July 17, 2019

Explore the Trendline➔

Artificial intelligence

Banks are enthusiastic about AI’s promises. But can they get customers on board, and will regulators let the innovation happen?

By Banking Dive staff

Nevada to pilot closed-loop payments system to serve marijuana-related businesses

The proposal would eliminate the large amounts of cash the state's pot businesses must deal with by creating an online system where digital currency transactions could be made.

By Anna Hrushka • July 17, 2019

KeyCorp faces $90M loss over client's bad wire transfers

The bank claims a payroll processing company made a $122 million overdraft and the company's CEO knew there wasn't enough money to cover the wire transfers.

By Dan Ennis • July 17, 2019

Quarles discusses tweaks to Volcker Rule, countercyclical capital buffer

The Federal Reserve plans to revamp the Volcker Rule "early in the fall," Vice Chair Randal Quarles says, adding the Fed is considering changes to the amount big banks hold during boom times.

By Dan Ennis • July 12, 2019

Top banks trimming farm-loan portfolios

The farm-loan portfolios of the nation's top 30 banks declined 17.5%, or $3.9 billion, to $18.3 billion, between their peak in December 2015 and March 2019, a Reuters report finds.

By Anna Hrushka • July 12, 2019

More banks, credit unions to cover pot-related businesses

The product's federal designation as a Schedule 1 drug has limited banking options for cannabis dispensaries and the industries' ancillary businesses.

By Anna Hrushka • July 11, 2019

Fed's Quarles pushes streamlined stress tests

The regulator's vice chair defends using stress capital buffer to simplify tests amid criticism that further easing won't adequately prepare banks for downturn.

By Dan Ennis • July 10, 2019

Small-bank exemption from Volcker Rule made final

Unlike large, systemically important banks, community banks can use deposits to make trades on their own accounts, known as proprietary trading. 

By Robert Freedman • July 10, 2019

SunTrust joins wave of banks cutting ties with private prison industry

The bank said the decision was made "after extensive consideration of the views of our stakeholders on this deeply complex issue."

By Anna Hrushka • July 9, 2019

Deutsche Bank to meet July 7, staff cuts could total 20K

Bankers who work for the bank's U.S. equities business likely face the biggest cut.              

By Robert Freedman • July 3, 2019

Student loan debt tops college graduates' list of regrets

The results from a PayScale survey come at a time when some employers are debating whether to offer student loan repayment benefits.

By Valerie Bolden-Barrett • July 1, 2019

Trump: US won't impose tariffs on $300B Chinese goods 'for the time being'

China and the U.S. will resume negotiations and avoid a further escalation of the trade war "for at least the time being," Trump said.

By Shefali Kapadia • June 29, 2019

Visa, Currencycloud partner to streamline cross-border payments

Cross-currency wallets and foreign exchange transaction notifications could make tourism spending easier during a trade-war lull.

By Lisa Rowan • June 6, 2019

PayPal enables Instant Transfer to banks for faster cash access

Consumers — and soon businesses — can get money to bank accounts or debit cards in minutes through the new service.

By Dan O'Shea • March 14, 2019