Capital One readies for Discover integration work

With Discover, “we will be going back into the world of data centers” for “a number of years,” Capital One CEO Richard Fairbank said Tuesday.

By Caitlin Mullen • April 23, 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

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

Ally’s DEI suit dismissed after bank reduces emphasis

America First Legal dropped its lawsuit against Ally Financial after the lender largely scrubbed diversity references from its public filings.

By Gabrielle Saulsbery • April 11, 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

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

Fifth Third hires ex-M&T CFO to lead regional banking

Darren King will “drive strategy, cultivate talent and pursue growth” as Fifth Third pushes southeast, the bank said. He succeeds Kris Garrett, the lender’s retiring wealth and asset manager.

By Dan Ennis • April 9, 2025

PNC picks BlackRock vet as next president

Mark Wiedman, most recently the head of BlackRock’s global client business, was named the super-regional’s next president, filling the vacancy left when Michael Lyons departed to lead Fiserv earlier this year.

By Caitlin Mullen • April 8, 2025

Dimon frets over tariff uncertainty in annual letter

The CEO of the biggest U.S. bank said he sees President Donald Trump’s tariff policy as "one large additional straw on the camel’s back."

By Caitlin Mullen • April 7, 2025

Hope Bancorp completes merger with Territorial

The Los Angeles bank's victory caps a nearly yearlong battle for the Hawaii lender, which saw repeated competing offers from Blue Hill Advisors.

By Rajashree Chakravarty • April 3, 2025

Judge tosses racial bias suit against Citi over ATM fee waivers

The lawsuit accused the New York City-based bank of “unabashed racial discrimination” for waiving ATM fees for customers of minority-owned banks but not for white-owned banks.

By Caitlin Mullen • April 3, 2025

BofA’s Holly O’Neill gets expanded role

Bank of America is combining consumer units and giving one of its most senior women a bigger role leading the lender’s retail, consumer and preferred banking divisions.

By Caitlin Mullen • April 2, 2025

HomeStreet to merge with California’s Mechanics Bank

The deal, set to close in the third quarter, values the Seattle lender at $300 million. The offer comes about four months after HomeStreet’s proposed tie-up with FirstSun collapsed.

By Dan Ennis • April 1, 2025

FB Financial to acquire Southern States for $381M

Acquiring $2.8 billion-asset Southern States would grow Nashville, Tennessee-based FB to $16 billion in assets and expand its footprint in Alabama and Georgia.

By Caitlin Mullen • April 1, 2025

U.S. Bank executive dead in plane crash

A plane that crashed in a Minneapolis suburb Saturday was registered to Terry Dolan, the lender’s chief administration officer. CEO Andy Cecere confirmed in a Monday memo to employees that Dolan died in the crash.

By Caitlin Mullen • Updated March 31, 2025

Truist’s wealth advisers hone their listening ear

The Charlotte, North Carolina-based bank is emphasizing listening cards to guide advisers' conversations with clients past the pitch stage.

By Caitlin Mullen • March 28, 2025

OCC nominee Gould aims to ‘shine a spotlight’ on de-banking

“I think too often reputation risk is used as a pre-text for other motives,” Jonathan Gould, an OCC veteran President Donald Trump tapped to lead the agency, told lawmakers at a hearing.

By Caitlin Mullen • March 27, 2025

Plaid’s Brian Dammeir talks future of open banking

Open banking has long been an industry-led venture. The trendline won’t change even if the timeline does, Plaid’s head of payments and financial management said.

By Gabrielle Saulsbery • March 26, 2025

Kraken to buy futures platform NinjaTrader for $1.5B

The tie-up marks the largest deal to date between the traditional finance and crypto sectors.

By Gabrielle Saulsbery • March 24, 2025

Fed’s Bowman: Let’s rethink negative comment review for bank applications

Commonwealth Business Bank applied to open a branch in New Jersey last September, but one adverse comment routed the application to the central bank’s board for review and vote, the potential supervision czar said.

By Caitlin Mullen • March 24, 2025

Massachusetts bank deemed in ‘troubled condition’ by OCC

The $209.9 million-asset 42 North Private Bank did not fully comply with a 2017 consent order alleging unsafe and unsound practices, the OCC said.

By Gabrielle Saulsbery • March 21, 2025

Bank customers want clearer communication on cybersecurity: survey

Static, bare-bones website text about information security is “not enough anymore,” an Accenture executive said. A survey by the company found that customers trust banks – but not third-party partners – with their data.

By Caitlin Mullen • March 20, 2025

Northern Trust exec: Crypto rule changes may ease tokenization

Biden-era anti-crypto regulations didn’t just affect volatile digital assets. They also affected firms offering traditional assets, like bonds, on the blockchain.

By Gabrielle Saulsbery • March 17, 2025

Fed OKs Renasant, EverBank acquisitions

The central bank issued two approvals Friday, allowing two Mississippi banks to merge in a $1.2 billion deal, and EverBank to acquire components of Sterling Bank for $261 million. Both deals are set to close April 1.

By Caitlin Mullen • March 17, 2025

TD names new US consumer-bank leaders amid branch closures

The 38 branch closures follow “business-as-usual reviews” and come as the bank names two executives to bolster its retail operations.

By Gabrielle Saulsbery • March 14, 2025