The Latest

  • A bank branch is shown with the "Regions" name on the exterior of the building.
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    Regions to pay DOJ $4.9M over PPP loan allegations

    Although it disagreed with the claims, the bank said it settled with the Justice Department this month “with the goal of closing this chapter and moving on.”

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    istockphoto.com/AzmanL

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    Sponsored by IT Solutions

    Cyber risk management 101 for C-suite finance executives

    Cyber risk is now a business risk. Learn how financial leaders can strengthen resilience.

  • A stock ticker scrolls behind a Goldman Sachs banner at the stock exchange
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    Chris Hondros via Getty Images
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    Goldman chief of staff to leave bank in June

    Russell Horwitz, a nearly two-decade alum of the bank, will become an advisory director once he departs, according to a memo.

  • A Wells Fargo branch on Madison Ave in New York City on Aug. 22, 2022.
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    Wells Fargo’s $85M ‘sham’ diversity settlement gets judge’s approval

    The bank a week earlier agreed to pay $110 million to resolve a class-action lawsuit related to similar issues.

  • A Federal Reserve logo sign is shown affixed to panes of glass on a building's exterior.
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    Andrew Harnik / Staff via Getty Images
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    Fed, FDIC give green light to biggest US banks’ living wills

    JPMorgan Chase, Bank of America, Citi and Goldman Sachs, additionally, have “adequately addressed” shortcomings found in the banks’ previous emergency wind-down plans, the agencies said Friday.

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    Michael M. Santiago / Staff via Getty Images
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    Goldman Sachs to pay shareholders $500M in 1MDB settlement

    “The settlement ⁠is an outstanding result for the class,” attorneys for Sjunde AP-Fonden, a Swedish pension fund, wrote in the filing.

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    Mario Tama via Getty Images
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    Morgan Stanley exemption comes under fire

    Sen. Elizabeth Warren, D-MA, asked three regulators to revoke their approval of a Morgan Stanley restructuring, drawing parallels to scandals that engulfed JPMorgan Chase and Citi.

  • October 4, 2021 : People walk past the Standard Chartered Bank in Mong Kok, Kowloon, Hong Kong.
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    StanChart CEO apologizes over ‘lower-value human capital’ comment

    CEOs from JPMorgan Chase, HSBC and Barclays added their takes to polarizing remarks by StanChart chief Bill Winters, in explaining his bank's increasing embrace of AI.

    Updated May 22, 2026
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    Kayla Bartkowski via Getty Images
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    CFPB erases pre-Trump 2.0 history

    The consumer watchdog eliminated dozens of press releases, speeches and public statements Tuesday, all of which were published before February 2025.

  • Comptroller of the Currency Jonathan Gould, wearing a suit and tie, sits before a microphone during a Congressional hearing, with people sitting behind him.
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    Anna Moneymaker / Staff via Getty Images
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    OCC’s Gould justifies conditional trust charter approvals

    “We don’t have a zero risk tolerance anymore,” the comptroller said at an event May 20, adding that “a reasonable chance of success” is “how we evaluate applications.”

  • A Federal Reserve logo sign is shown affixed to panes of glass on a building's exterior.
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    Andrew Harnik / Staff via Getty Images
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    Regulators float changes to CAMELS ratings

    The move to revamp the bank ratings framework for the first time in 30 years continues Trump-appointed bank regulators’ efforts to concentrate supervision on material financial risk.

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    Spencer Platt / Staff via Getty Images
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    Flagstar extends CEO Otting’s tenure but sets up succession race

    The bank named CFO Lee Smith and commercial- and private-banking chief Richard Raffetto as co-presidents but is keeping Joseph Otting at the helm until March 2028.

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    Bitcoin Depot files for bankruptcy as crypto ATMs go offline

    Alex Holmes, who has led the company since March, cited “stringent compliance obligations” from states, increasing litigation and tougher transaction limits.

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    California fines Yotta $1M as customers are still out millions

    Some customers expressed disappointment at the penalty amount, with one calling it the size of a “nominal rounding error.”

  • Senator Elizabeth Warren holds out her hand as she speaks. In front of her a placard reads "Ms. Warren."
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    Michael A. McCoy / Stringer via Getty Images
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    Warren demands national trust charter details from Gould

    National trust charters have been awarded to firms that “intend to engage in activities that appear to go far beyond the narrow set of activities permitted by law,” the Democratic senator told the head of the OCC.

  • Trump Federal Reserve payments financial technology
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    Andrew Harnik via Getty Images
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    Trump order seeks to open Fed rails

    The administration mandated a review of how the Federal Reserve and other agencies can aid fintech firms through greater central bank access.

  • Wells Fargo signage outside a building with "Wells Fargo" on it.
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    Justin Sullivan / Staff via Getty Images
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    Wells Fargo agrees to $110M lending, hiring discrimination settlement

    The bank’s borrower assistance fund “represents a meaningful step toward expanding equitable access to financial services,” a judge wrote.

  • A person wearing a shirt, tie and jacket and seated on a stage speaks while looking to their left.
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    Alex Wong / Staff via Getty Images
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    Chime CEO: Pursuing bank charter is ‘a when, not if’

    The fintech regularly reevaluates the potential timing of an inevitable push for a charter, Chime CEO Chris Britt said Monday, as regulators see an influx of applications.

  • A man smokes outside a Standard Chartered bank location.
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    Matthew Lloyd via Getty Images
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    StanChart eyes more than 7,800 job cuts by 2030 in AI embrace

    The London bank aims to boost income per employee by 20% – and will reduce risk management, compliance and HR roles as part of that effort.

  • Two blue ATMs are housed within a modern facade featuring the PNC logo above and are accessible from the sidewalk.
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    Alamy
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    PNC snags JPMorgan vet to lead retail bank’s product, digital

    Tim Ferriter joins the Pittsburgh-based bank after an 18-year tenure at JPMorgan.

  • A white sign covering the side of a parking garage reads "Actually go to the bank? Bless your heart." The Ally wordmark and "Do it right." slogan can be seen in the bottom right corner.
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    Caitlin Mullen/Banking Dive
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    Ally sharpens branchless banking message

    The digital bank is courting millennial and Gen Z customers with a new brand platform that arguably throws playful shade on the brick-and-mortar model.

  • Orlando, Florida skyline with water in foreground
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    Hancock Whitney to buy Orlando-area bank for $377.6M

    The Mississippi lender will acquire One Florida Bank, stretching its presence in the central part of the Sunshine State.

  • October 4, 2021 : People walk past the Standard Chartered Bank in Mong Kok, Kowloon, Hong Kong.
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    Getty Images
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    Standard Chartered taps investor relations chief as next CFO

    Manus Costello will step in as the bank moves forward with stablecoin expansion and preps for an upcoming investor day.

  • A person stands outside of a building that says 'Silicon Valley Bank' with their hand on their chin.
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    Justin Sullivan via Getty Images
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    FDIC: Top depositors led 2023 runs at failed regional banks

    Silicon Valley Bank, Signature Bank and First Republic Bank each lost about half of their deposits in a matter of days in early March 2023, the regulator found.

  • An office building depicts the image of a car and the words "There's only Wagoneer S" on one external side, while a car hauler truck passes by in the foreground.
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    Bill Pugliano / Stringer via Getty Images
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    Stellantis gets FDIC’s ILC charter approval

    The car manufacturer joins Ford and GM in receiving regulatory approvals this year to obtain an industrial loan company charter.

  • An aerial view of a city with snow-covered mountains behind it.
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    How Alaska’s Credit Union 1 serves ‘banking tundras’

    CEO Mark Burgess discusses the challenges of serving disparate, isolated communities – from transporting teller machines by plane to using remote capabilities to capture loan signatures.