Retail
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Capital One delivers few details on $265B community plan
A year after touting a community investment proposal as part of an effort to acquire Discover, the card issuer has yet to lay out program specifics.
By Tatiana Walk-Morris • July 30, 2025 -
Activist investor pressures Comerica to sell
HoldCo alleged that a larger bank could buy Comerica without major capital issues, putting forth PNC, Fifth Third and Huntington as options that “make sense.”
By Gabrielle Saulsbery • July 29, 2025 -
Explore the Trendline➔
Permission granted by Frost BankTrendlineTop 5 stories from Banking Dive
Since the approval of Capital One’s acquisition of Discover, banks have increasingly waded into new deals. Beyond that, they’ve doubled down on strategy, from organic growth to branch placement to app design.
By Banking Dive staff -
Pinnacle, Synovus to combine in $8.6B deal
Synovus had been the subject of merger rumors earlier in the week. The deal could stand as a test case for banks primed to cross the $100 billion-asset threshold amid expected Trump-era deregulation.
By Dan Ennis • July 25, 2025 -
Old National names KeyBank exec president, COO
Tim Burke oversaw commercial banking in 12 markets at KeyBank, including Chicago. He succeeds Mark Sander, who retired from Old National this year.
By Dan Ennis • July 23, 2025 -
OpenAI’s Altman didn’t expect banks to take to AI so soon
Financial institutions have been surprise early adopters of ChatGPT, and the AI industry is on the advent of "intelligence too cheap to meter," OpenAI's CEO and co-founder said at a Fed event Tuesday.
By Gabrielle Saulsbery • July 22, 2025 -
PNC, Coinbase team up on crypto-as-a-service
The nation’s largest crypto exchange and its seventh-largest bank are joining in their “commitment to a more resilient digital financial system,” the firms said Tuesday.
By Gabrielle Saulsbery • July 22, 2025 -
Huntington CFO: Veritex met ‘high bar’ for acquisitions
The Columbus, Ohio-based bank is largely focused on growing organically, although it remains “opportunistic” about compelling deals, the regional’s finance chief said.
By Caitlin Mullen • July 21, 2025 -
Texas, Wisconsin banks agree to buy in-state peers
Prosperity Bancshares in Texas agreed to buy American Bank in a $321.5 million deal, while Bank First Corp. inked a $174.3 million deal with Centre 1 Bancorp.
By Rajashree Chakravarty • July 18, 2025 -
Western Alliance names JPMorgan vet its next CFO
Vishal Idnani will take the CFO reins in January. Dale Gibbons, who’s been the bank’s finance chief for two decades, will become chief banking officer for deposit initiatives and innovation at the lender.
By Caitlin Mullen • July 18, 2025 -
State Street CTO moves to CIO role
Andrew Zitney shifted into the role this week, filling a vacancy that opened when Brian Franz took a tech leadership position with Estée Lauder in April.
By Matt Ashare • July 18, 2025 -
Western Alliance to bring most divisions under one brand
All six of the bank’s other brands will be scrapped in favor of a unified Western Alliance moniker by the end of the year.
By Gabrielle Saulsbery • July 17, 2025 -
Big bank CEOs talk stablecoin plans
The prospect of a more favorable regulatory environment for digital assets has large lenders exploring or plotting stablecoin plans, JPMorgan, BofA, Citi and U.S. Bank executives indicated last week.
By Caitlin Mullen • July 17, 2025 -
Wells Fargo workers allege union-busting again
Employees rallied in Charlotte on Tuesday to call attention to allegations that a senior HR exec at the bank is coercing workers to decertify their union.
By Gabrielle Saulsbery • July 15, 2025 -
JPMorgan’s Dimon: Fed independence ‘absolutely critical’
The CEO of the biggest U.S. bank warned Tuesday that “playing around with the Fed can often have adverse consequences.”
By Caitlin Mullen • July 15, 2025 -
SC’s First Community broaches Atlanta area in $41.6M deal
Buying Signature Bank of Georgia would boost First Community’s Small Business Administration lending and create a bank with 23 locations and roughly $2.3 billion in assets, the companies said.
By Dan Ennis • July 15, 2025 -
Huntington to buy Texas bank for $1.9B
The Columbus, Ohio-based regional lender will dive deeper into the Lone Star State with the acquisition of Veritex Community Bank’s holding company.
By Gabrielle Saulsbery • July 14, 2025 -
Q&A
How Bank of America keeps tabs on what customers want
This year, the Charlotte, North Carolina-based lender has added capabilities related to fraud claims and card arrivals, in response to customer feedback or inquiries, an executive said.
By Caitlin Mullen • July 14, 2025 -
Pennsylvania banks to merge in $54.9M deal
Wayne Bank, a subsidiary of Norwood Financial Corp., will expand its footprint into central and southeastern Pennsylvania with the acquisition of Presence Bank.
By Rajashree Chakravarty • July 10, 2025 -
Citi to open Charlotte office, add 510 jobs
The lender will spend $16.1 million on the office, which is slated to open by early 2026, according to a bank memo.
By Caitlin Mullen • July 9, 2025 -
Frost CFO: ‘We are that stable bank in Texas’
The San Antonio lender has hung its hat on long-term organic growth. “We get to bring in customers that chose us, not that we bought,” said Dan Geddes, a 28-year Frost veteran. “We get to recruit the bankers that want to be with us.”
By Caitlin Mullen • July 9, 2025 -
Louisiana takes a turn as small-bank M&A epicenter
In the first week of July, two Baton Rouge banks have made $83 million deals to acquire competitors.
By Dan Ennis • July 8, 2025 -
Citizens spies opportunity with Chase card move
As premium credit card fees climb, “it does create a little more room for us to compete in between,” the regional bank’s head of lending said.
By Caitlin Mullen • July 8, 2025 -
Capital One shutters Discover home equity business
A website notification says Discover Home Loans “is no longer accepting applications for new home equity or mortgage refinance loans, although we will continue to process applications that are in progress.”
By Caitlin Mullen • July 7, 2025 -
Goldman taps new global chairman of investment banking
Raghav Maliah joined the firm in 2000 and currently holds two lead roles in the Asia Pacific region.
By Gabrielle Saulsbery • July 2, 2025 -
Top US banks boost dividends
JPMorgan and Morgan Stanley announced share repurchase programs. Wells Fargo and Goldman Sachs, meanwhile, will see current stress capital buffers lowered.
By Caitlin Mullen • July 2, 2025