The Latest

  • People stand outside a bank branch that has "Fifth Third" signage on the outside.
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    Caitlin Mullen/Banking Dive
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    Fifth Third CEO downplays risk from AI agent Muse

    “Incumbents have a lot of leverage here, provided that we respond,” Tim Spence said Monday during the Cincinnati-based regional bank’s earnings call.

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    Images by PeopleImages from Getty Images Signature

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    Investment bank Evercore names 2 co-presidents

    Nigel Dawn and Naveen Nataraj will ascend to the tier below the top executive, but one may have to wait to take the reins: CEO John Weinberg agreed to stay at least three more years.

  • Stacks of U.S. fifty and one hundred dollar bills are shown.
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    Recurring bill service ScribeUp raises $13M

    ScribeUp aims to give financial institutions the ability to help consumers stay atop subscriptions and other recurring payments.

  • A person walks out through the glass doors of an office building with the words "Truist Center" above the entrance.
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    Caitlin Mullen/Banking Dive
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    Truist consumer-bank chief is out in leadership shakeup

    Dontá Wilson, Truist's chief consumer and small business banking officer, is leaving the bank, which is also selling $7.7 billion of consumer loans to Carlyle.

  • Elizabeth Warren gestures with her right hand while speaking during a hearing.
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    Kevin Dietsch / Staff via Getty Images
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    Epstein bill would push regulators to disclose bank probes

    Bank executives could face industry bans, fines and criminal referrals under legislation proposed by Sen. Elizabeth Warren, D-MA.

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    NYDFS fines Swedish bank SEB $33M over AML issues

    Anti-money laundering program deficiencies at Stockholm-based Skandinaviska Enskilda Banken came to light following the 2016 Panama Papers leak that ensnared hundreds of banks.

  • A person wearing black uses their phone to take a photo of a city skyline with many skyscrapers.
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    Mario Tama / Staff via Getty Images
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    Apple Bank CEO seeks to ‘punch through to consciousness’

    To get a foot in the door with customers, smaller players like the New York community bank need larger lenders to slip up, CEO Steve Bush said.

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    Courtesy of U.S. Bank
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    U.S. Bank doubles down on small-biz growth

    Following the recent launch of business credit cards, the Minneapolis-based lender seeks to win small-business customers by bundling services, CFO John Stern said.

  • Pedestrians, a cyclist and a bus pass by a brick and glass JPMorgan Chase bank branch with the "Chase" name and logo on the building facade.
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    Scott Olson / Staff via Getty Images
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    Column

    Dive Deposits: JPMorgan denies Trump’s ‘bare’ blacklist claim

    The bank’s lawyers said the president’s debanking complaint should be dismissed because it would would “fail – multiple times over.”

  • Jane Fraser, wearing a blue coat, walks down a hallway with people surrounding her, including a person holding a mobile phone in front of her.
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    Chip Somodevilla / Staff via Getty Images
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    What Wells Fargo, Citi and Goldman Sachs’ CEOs are saying about AI

    Citi's Jane Fraser touted faster product launches and reduced vendor spend, while Goldman's David Solomon urged “rigorous testing” of AI, and “clear human accountability."

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    Anna Moneymaker / Staff via Getty Images
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    OCC blasts debanking instances by JPMorgan, others in report

    The agency combed through the policies and individual account-closing decisions at nine banks, alleging discrimination, mostly against conservatives. The CFPB also said it would investigate.

  • A red sign reads "Bank of America" with the bank's flag logo next to it.
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    Spencer Platt / Staff via Getty Images
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    BofA fined $1.21B over AML flaws

    Bank of America failed to properly monitor trillions of dollars in transactions, according to the Office of the Comptroller of the Currency.

    Updated Oct. 14, 2026
  • A person is shown from behind opening the metal and glass doors of a Chase bank branch, with the company's signage and logo above the doors.
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    Spencer Platt / Staff via Getty Images
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    JPMorgan to livestream fraud-fighting event to 700 branches

    The panel, highlighting scam methodology and the tools that banks and customers can use to fight back, comes as the cost to victims soars, according to Gallup and the Federal Trade Commission.

  • Abstract blockchain technology concept. Internet security. Isometric digital cube connection background.
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    TU IS
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    SoFi, Figure co-founder raises $19M for newest venture

    “The problem that we've created in blockchain,” Navra co-founder Mike Cagney said, “is we've been building for this native crypto audience, but not for the real world.”

  • kraken crypto app
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    Courtesy of Kraken
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    Kraken parent eyes EU license with bank acquisition

    Buying Lithuania-based Saldo Bank would give Payward an upgrade from the Ireland-issued electronic money institutions license it now carries. Terms of the deal were not disclosed.

  • Jamie Dimon
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    Kevin Dietsch via Getty Images
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    JPMorgan CEO Dimon warns customers of ‘liability transfer’ with AI

    As Meta’s Muse reignites fears over artificial intelligence-driven deposit flight, Jamie Dimon on Tuesday said bank customers using AI agents need to understand the risks.

  • Two people walk by a Citi branch in a downtown setting
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    Spencer Platt / Staff via Getty Images
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    Citi allows Saudi-based employees to work remotely amid conflict

    The bank is allowing employees there to “do what they feel comfortable doing,” CFO Gonzalo Luchetti said Tuesday, as the bank reported $23.8 billion in quarterly revenue – its best Q3 in a decade.

  • Lisa D. Cook, a member of the Board of Governors of the Federal Reserve, speaks at an event hosted by the National Association for Business Economics.
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    Luke Johnson via Getty Images
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    Column

    Dive Deposits: Trump’s Cook committee is betting like it’s 2025

    The White House is convening a panel to re-investigate allegations against a Fed governor. The timing may indicate confidence in the midterm election outcome.

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    Nebraska’s Pinnacle Bancorp to buy Texas community bank

    Acquiring SouthStar Bank expands Pinnacle’s Texas presence – currently concentrated in the Dallas-Fort Worth area – in Austin and the central part of the state.

  • The Federal Deposit Insurance Corp. headquarters in Washington, D.C.
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    Anna Hrushka/Banking Dive
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    Fintech Upgrade applies for ILC charter

    The decade-old credit-card startup named a SoFi alum and longtime regulator as CEO of its proposed bank.

  • The JPMorgan Chase logo is seen at their headquarters building on May 26, 2023 in New York City.
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    Michael M. Santiago via Getty Images
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    Q&A

    JPMorgan rounds up payments partners

    The biggest U.S. bank has been leveraging relationships to better integrate software and keep up with industry trends, among other purposes.

  • A close-up of the side of an office building shows the "SoFi" name and logo.
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    Justin Sullivan / Staff via Getty Images
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    Why Gen Z, millennials are most satisfied with online banks, fintechs

    “A lot of it really does start with the idea that the fintechs are protecting their customers from fees, helping customers to protect their money,” JD Power’s Paul McAdam said.

  • A blue sign at ground level reads "Citibank." The beige building next to it also has "Citibank" signage.
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    Joe Raedle / Staff via Getty Images
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    Citi hires up in push to overtake private bank competitors

    Under BofA alum Chris Biotti, Citi’s private bank is targeting $3 trillion in untapped North American client assets by installing new leaders across the region.

  • A close up shot of Elizabeth Warren.
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    Andrew Harnik via Getty Images
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    Warren presses NCUA OIG over empty board

    The National Credit Union Administration didn’t have a single board member between August 10 and 24. Sen. Elizabeth Warren wants to know who was in charge.

  • Wells Fargo CEO Charlie Scharf holds his hands out as he talks while sitting on a stage with a blue background. Part of an American flag is visible.
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    Chip Somodevilla / Staff via Getty Images
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    HUD probes Wells Fargo over ‘racialized’ lending

    Wells’ programs to bolster Black home ownership – put in place in 2017 and 2022 – are “immoral, unethical and un-American,” Secretary Scott Turner said.