Retail

  • Homes and palm trees in the foreground, with the Los Angeles skyline and San Gabriel Mountains in the background
    Image attribution tooltip
    Mario Tama via Getty Images
    Image attribution tooltip

    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 • April 24, 2025
  • A sign hangs above an entranceway to a Capital One Café on February 19, 2024, in Miami, Florida.
    Image attribution tooltip
    Joe Raedle / Staff via Getty Images
    Image attribution tooltip

    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 • April 23, 2025
  • m&a handshake Explore the Trendline➔
    Image attribution tooltip
    Natalie Meepian via Getty Images
    Image attribution tooltip
    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
  • A bank branch is shown with the "Regions" name on the exterior of the building.
    Image attribution tooltip
    Permission granted by Regions
    Image attribution tooltip

    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 • April 16, 2025
  • Ally Financial, NYSE facade
    Image attribution tooltip
    Courtesy of Ally Financial
    Image attribution tooltip

    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 • April 11, 2025
  • Raymond Chun, TD executive, poses for a photo wearing a suit and tie
    Image attribution tooltip
    Courtesy of TD
    Image attribution tooltip

    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 • April 11, 2025
  • Jamie Dimon, the CEO of JPMorgan Chase bank, talks and holds his hands out in front of him.
    Image attribution tooltip
    Kevin Dietsch / Staff via Getty Images
    Image attribution tooltip

    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 • April 11, 2025
  • Scott Bessent, secretary of the Treasury Department, speaks in front of a blue background.
    Image attribution tooltip
    Kayla Bartkowski / Staff via Getty Images
    Image attribution tooltip

    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 • April 9, 2025
  • An exterior shot of a Fifth Third Bank location is shown
    Image attribution tooltip
    Courtesy of Fifth Third
    Image attribution tooltip

    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 • April 9, 2025
  • PNC signage is seen atop an office building.
    Image attribution tooltip
    Jeff Swensen / Stringer via Getty Images
    Image attribution tooltip

    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 • April 8, 2025
  • The CEO of JPMorgan Chase, Jamie Dimon, speaks in front of a blue background
    Image attribution tooltip
    Kevin Dietsch / Staff via Getty Images
    Image attribution tooltip

    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 • April 7, 2025
  • From Tarantula lookout overlooking downtown Honolulu
    Image attribution tooltip
    Gregory Zamell via Getty Images
    Image attribution tooltip

    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 • April 3, 2025
  • An adult uses a Citi ATM while a child stands next to the person, with Citi signage in the foreground.
    Image attribution tooltip
    Justin Sullivan / Staff via Getty Images
    Image attribution tooltip

    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 • April 3, 2025
  • Customers use an ATM at a Bank of America office.
    Image attribution tooltip
    Justin Sullivan via Getty Images
    Image attribution tooltip

    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 • April 2, 2025
  • The Seattle skyline, featuring the Space Needle and skyscrapers.
    Image attribution tooltip
    George Dodd via Getty Images
    Image attribution tooltip

    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 • April 1, 2025
  • A downtown view of Birmingham, Alabama
    Image attribution tooltip
    Jacob Boomsma via Getty Images
    Image attribution tooltip

    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 • April 1, 2025
  • U.S. Bank
    Image attribution tooltip
    Permission granted by U.S. Bank
    Image attribution tooltip

    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 • Updated March 31, 2025
  • Listening cards show topics and questions that spark conversations with Truist wealth clients.
    Image attribution tooltip
    Permission granted by Truist
    Image attribution tooltip

    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 • March 28, 2025
  • Senators Tim Scott and Elizabeth Warren converse during a Senate Banking Committee hearing.
    Image attribution tooltip
    Kayla Bartkowski / Staff via Getty Images
    Image attribution tooltip

    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 • March 27, 2025
  • open banking
    Image attribution tooltip
    VectorMine via Getty Images
    Image attribution tooltip
    Q&A

    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 • March 26, 2025
  • Blockchain has the potential to make finance more efficient and its usefulness goes far beyond cryptocurrency.
    Image attribution tooltip
    Getty Images via Getty Images
    Image attribution tooltip

    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 • March 24, 2025
  • Federal Reserve Governor Michelle Bowman stands behind a podium and speaks.
    Image attribution tooltip
    Federal Reserve. (2024). [Photo]. Retrieved from Flickr.
    Image attribution tooltip

    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 • March 24, 2025
  • The Office of the Comptroller of the Currency's seal hangs on a brick building.
    Image attribution tooltip
    Permission granted by Office of the Comptroller of the Currency
    Image attribution tooltip

    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 • March 21, 2025
  • A over the shoulder shot of woman using smartphone with Two-Factor Authentication security while logging to laptop.
    Image attribution tooltip
    gahsoon via Getty Images
    Image attribution tooltip

    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 • March 20, 2025
  • northern trust headuqarters sign in chicago
    Image attribution tooltip
    Scott Olson via Getty Images
    Image attribution tooltip

    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 • March 17, 2025
  • Aerial shot of an urban area along a river, with bridges connecting development on each side of the river
    Image attribution tooltip
    Art Wager via Getty Images
    Image attribution tooltip

    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 • March 17, 2025