The Latest

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    Virginia lender to acquire Forbright’s DC-area branches

    The transaction, set to close in the fourth quarter, adds three locations and $750 million in deposits to Trustar’s footprint. That frees Forbright to focus on national digital lending.

  • A statue of the first United States Secretary of the Treasury Alexander Hamilton stands in front of the U.S. Treasury.
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    CAMELS commenters seek clarity on ‘material financial risk’

    Trump-appointed bank regulators have pledged to focus on material financial risk. Commenters called for a clear definition of that term in proposed changes to CAMELS ratings.

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    Column

    Dive Deposits: 4 takeaways from Jonathan Gould’s Wyoming appearance

    The OCC chief made crypto-inclusive remarks at a blockchain symposium, adding that protecting traditional banks is not his job.

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    CFTC bans ex-FTX execs from trading

    Caroline Ellison and Gary Wang are prohibited from trading for five years from the date of their initial consent orders.

  • SEC Chair Paul Atkins Testifies To Senate Banking Committee
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    SEC proposes crypto rules amid Clarity stall

    The proposal will establish a framework for crypto firms to raise capital under federal securities laws and also includes a conditional safe harbor from being deemed an investment contract.

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    Permission granted by Future Financial Bankshares
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    Veritex alum scouts for more Texas M&A

    Future Financial CEO Jeff Kesler spent a year courting a small family-owned bank, and believes a patient approach will unlock deals competitors may miss.

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    Klarna CFO, CMO to leave early next year

    The Swedish fintech has begun a search for a New York-based finance chief. Meanwhile, the company adjusted its 2026 financial outlook downward.

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    Old Glory Bank, SPAC scrap merger plans

    The bank said last month it may have to pursue “a sale or organized wind-down” if the deal wasn’t consummated, because it lacked sufficient capital to satisfy regulators.

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    Goldman Sachs to buy real estate investment firm for $410M

    The acquisition of LCN Capital Partners, set to close by year-end, marks the second nine-figure-or-higher transaction for Goldman in the past week.

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    Lawmakers counter World Liberty approval with anti-corruption bill

    A Trump family-backed crypto firm received a conditional charter Friday. The following day, several senators introduced a bill that would make such arrangements illegal – retroactive to Jan. 20, 2025.

  • A sign in front of a white and black office building and next to an evergreen tree reads "HomeTrust Bank."
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    NC lender to acquire Blue Ridge Bank for $448M

    The deal would grow Asheville, North Carolina-based HomeTrust Bank to $7 billion in assets and 60 locations across the Southeast.

  • A glass window reflects an image of people and cards passing by on the street, with the "Citi" logo shown behind the window.
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    Citi scoops up rewards fintech Kard

    The fintech’s tech, talent and merchant ties are intended to strengthen the bank’s commerce ecosystem strategy in its consumer cards business, Citi said.

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    World Liberty nabs conditional OCC charter

    The Trump family-backed crypto firm gained conditional approval from the Office of the Comptroller of the Currency to establish its national trust bank.

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    OCC returns Zerohash’s charter application

    The regulator did not give a reason for the action, although there may be confusion over who will act as the company’s compliance chief. Zerohash indicated it would refile this month.

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    Monzo’s chair to exit next month

    Longtime Barclays alum Gary Hoffman cited health concerns as his reason for leaving the fintech before his term ends. His departure comes after a year of contentious change.

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    Bank of America won’t let employees work remotely 2 days in a row

    The ban on taking two consecutive remote days includes Friday to Monday and takes effect in mid-September, according to a policy update workers recently received.

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    Custodia gets a hand from lawmakers, trade groups at high court

    Sen. Cynthia Lummis, R-WY; former Sen. Pat Toomey, R-PA; the Digital Chamber and the Blockchain Association all argued for a resolution to the digital lender’s long-running master account fight.

  • Front view of the Bank of America Tower in Charlotte, North Carolina on June 18, 2022.
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    Bank of America to buy up to 49.9% stake in Jio Credit for $1.9B

    “India is one of the world's most important growth markets, and this investment reflects our confidence in its future, a market we know well and have supported for decades,” Bank of America CEO Brian Moynihan said on the deal.

  • FDIC Chairman Travis Hill looks off during a Senate Banking Committee meeting.
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    FDIC tweaks de novo application process

    The agency is adding a conditional approval phase and emphasizing collaboration with other bank-chartering agencies to boost efficiency.

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    Sezzle pivots to national bank charter

    With states imposing tighter rules on buy now, pay later companies, Sezzle CEO Charlie Youakim views a federal charter as “the most robust solution.”

  • Goldman Sachs CEO David Solomon appears onstage.
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    Goldman Sachs to buy ETF provider NEOS for up to $2.25B

    Expected to close in the first quarter of 2027, the deal is the bank’s second multibillion-dollar ETF-related acquisition of the past nine months.

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    Bank of America pledges $250B toward US infrastructure update

    BofA will lend, bank, invest in and advise on projects such as data centers, power generation and transportation.

  • An office building with the word "Regions" at the top is shown against a blue sky.
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    Caitlin Mullen/Banking Dive
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    Regions Bank names next chief administrative officer

    Kate Danella, the bank’s head of consumer banking, will succeed Dave Keenan, who will retire at the end of the year, the Alabama-based lender said.

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    eToro aims to boost US profile in $231M TradeZero deal

    The Israeli platform wants to harness TradeZero’s “highly engaged” community to forge “a faster path to launching new products” stateside.

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    Louisiana bank agrees to FDIC consent order over credit quality

    Regulators restricted First Guaranty Bank’s ability to extend credit to borrowers whose transactions were labeled a “loss” in a September 2025 exam. The bank also must boost its Tier 1 leverage capital ratio.