BNP Paribas shareholders approve higher age limit for CEO

The French bank’s investors Tuesday backed moves to allow 63-year-old Jean-Laurent Bonnafé and 74-year-old Jean Lemierre to remain in the chief executive and board chair roles longer.

By Caitlin Mullen • May 13, 2025

Ex-Wells exec sues Fed for deferred compensation

James Richards’ restricted share rights were denied in March, arguably over Wells Fargo’s “troubled condition” and whether the annual awards were “golden handcuffs” or a “golden parachute.” 

By Rajashree Chakravarty • May 12, 2025

Explore the Trendline➔

M&A

President Donald Trump’s reelection was predicted to yield loosened regulation. But tariff volatility and economic uncertainty has thrown a wrench into an expected boom in mergers and acquisitions.

By Banking Dive staff

Capital One asks judge to toss Trump de-banking lawsuit

The Trump Organization’s “generalized allegations” of politically motivated de-banking don’t hold up and its claims lack “factual or legal support,” the bank said Wednesday.

By Caitlin Mullen • May 9, 2025

Wall Street bonuses to drop amid market volatility, consultant finds

Bonuses in equity underwriting are predicted to plunge up to 20% as firms in the initial public offering market take a “wait and see” approach, Johnson Associates said. 

By Rajashree Chakravarty • May 8, 2025

Credit Suisse pleads guilty to tax crimes, agrees to pay $511M

The lender now owned by UBS pleaded guilty to conspiring to hide more than $4 billion from the IRS in at least 475 offshore accounts.

By Rajashree Chakravarty • May 6, 2025

Treasury’s Bessent: Private credit surge underscores need for bank deregulation

“The growth of private credit tells me that the regulated banking system has been too tightly constrained,” Scott Bessent said Monday.

By Caitlin Mullen • May 6, 2025

First National Bank of Omaha to buy Kansas City bank

FNBO is the 16th-largest bank by market share in Kansas City. The deal, expected to close this year, will boost its position to ninth.

By Gabrielle Saulsbery • May 5, 2025

Associated Bank sees new hires driving commercial growth

The Midwest regional has snagged a handful of new bankers from U.S. Bank in recent months, as part of the push to expand its commercial bank. 

By Caitlin Mullen • May 5, 2025

BNY ups in-office requirement to 4 days per week

The bank is implementing the policy Sept. 2. It has allowed employees to work remotely two days a week since the first half of 2023.

By Caitlin Mullen • May 1, 2025

HSBC chair to retire by year’s end

Mark Tucker, who joined the bank in 2017, will step down from his role in the next seven months after a successor is selected.

By Gabrielle Saulsbery • May 1, 2025

Cadence Bank to buy Industry Bancshares

Cadence Bank seeks to acquire the six subsidiaries of Industry Bancshares that are under consent orders from the FDIC and the OCC related to the company’s unsafe banking practices and risk management.

By Rajashree Chakravarty • April 29, 2025

Wells Fargo clears 12th consent order; 2 remain

The 2018 consent order the CFPB lifted is the bank’s sixth to be resolved this year. The two remaining include the Federal Reserve’s asset cap. 

By Rajashree Chakravarty • April 28, 2025

Huntington ahead of schedule on Carolinas expansion, CFO says

The bank has 37 of the 55 branches it plans to open in North and South Carolina under letter of intent for real estate development, Huntington CFO Zach Wasserman said.

By Caitlin Mullen • April 28, 2025

Flagstar plans to hire 80 to 90 more commercial bankers this year

The bank reported another quarterly loss, although executives are targeting profitability in the fourth quarter. “We’re going to look like a completely different company when we end the year,” CEO Joseph Otting said.

By Caitlin Mullen • April 25, 2025

PNC’s COO is leaving the bank

E. William Parsley’s departure thins the ranks of executives beneath CEO Bill Demchak but may clarify new President Mark Wiedman’s position as a potential successor.

By Dan Ennis • April 25, 2025

Eastern Bank to broach Rhode Island with $490M HarborOne deal

The transaction, set to close in the fourth quarter, would add 30 locations and $5.7 billion in assets to Eastern. The Boston bank has tended to expand through acquisition every two years.

By Dan Ennis • April 25, 2025

Goldman shareholders back $80M packages for Solomon, Waldron

The measure, however, received 66% approval — 20 percentage points lower than last year’s nonbinding advisory vote on executive compensation at the bank. 

By Rajashree Chakravarty • April 24, 2025

Silvergate Bank parent agrees to $37.5M class-action settlement

Silvergate Capital Corp. says that moving forward with the settlement will allow the firm to advance its Chapter 11 proceedings.

By Gabrielle Saulsbery • April 24, 2025

Columbia to expand in SoCal with $2B acquisition of Pacific Premier

The Tacoma, Washington-based lender’s Umpqua retail network will change its name to Columbia Bank later this year as part of the deal.

By Dan Ennis • April 24, 2025

Inside Regions’ effort to upskill its SMB, mass-affluent bankers

The regional lender is honing the way a group of its bankers manage small-business customer relationships as competition rises in the Southeast.

By Caitlin Mullen • April 16, 2025

Edward Jones resubmits ILC charter application

The investment firm originally sought a charter in 2020, but abandoned its efforts in 2022. It still plans to move forward with its retail banking partnership with U.S. Bank this year.

By Gabrielle Saulsbery • April 15, 2025

TD acknowledges ‘darkest day’ in shareholder meeting

The bank’s chair called October’s $3.09 billion settlement “extraordinarily painful.” Investors voted in four new board members Thursday, including Morgan Stanley’s former deputy CFO.

By Dan Ennis • April 11, 2025

Dimon points to ‘turbulence,’ sees uncertainty persisting through July

The trade war poses certain risks to JPMorgan Chase, given its global reach. “Add that to the list of worries – we will be in the crosshairs,” CEO Jamie Dimon said Friday.

By Caitlin Mullen • April 11, 2025

Tariffs may prompt clients to revisit supply chain financing: Wells exec

Flexible financing “will be essential to businesses” if higher-than-expected tariffs take effect, said Jeremy Jansen, Wells Fargo's managing director of supply chain finance.

By Caitlin Mullen • April 11, 2025

Treasury eyes bigger regulatory role, Bessent says

The treasury secretary said he wants regulatory tailoring to ensure smaller community banks matter on a wider scale.

By Caitlin Mullen • April 9, 2025