The Latest

  • 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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    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.

  • Consumer Financial Protection Bureau banks
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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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    OCC’s Gould justifies conditional trust charter approvals

    “We don’t have a zero risk tolerance anymore,” the comptroller said at an event Wednesday, 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.

  • A New York Community Bank branch location is shown
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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.

  • A photo of a person using a Bitcoin Depot bitcoin ATM.
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    Permission granted by Bitcoin Depot
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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.

  • The facade of a building with a dome.
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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.

  • The U.S. Capitol building
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    Heather Diehl via Getty Images
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    Senate panel approves crypto bill

    The Clarity Act – with stablecoin yield language intact – moved to the full Senate. Some last-minute amendments resurfaced, but an anti-money laundering measure was denied.

  • Russ Vought, Trump administration official, stands in front of an American flag.
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    Anna Moneymaker / Staff via Getty Images
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    CFPB’s Vought defends terminating Citi consent order

    “There are no unfulfilled obligations as of the date of termination, and Citi committed to ongoing monitoring regardless of termination,” the CFPB acting director wrote to lawmakers this week.

  • Two business people signing a contract
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    simarik via Getty Images
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    New England mutual banks partner but it’s ‘not an acquisition’

    New Hampshire-based Mascoma Bank and Maine-based Androscoggin Bank will combine their parent companies into a new mutual holding company. “Scale in banking matters,” Mascoma CEO Clay Adams said.

  • A construction worker paints an eagle
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    Kevin Dietsch/Getty Images via Getty Images
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    Senate confirms Warsh as next Fed chair

    The mostly party-line vote comes amid concerns of whether Kevin Warsh will maintain central bank independence or hew closer to President Trump’s interest-rate demands than his predecessor.

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    Fintech Parker files for bankruptcy

    “Three weeks ago, I thought Parker was going to be acquired in a deal worth nearly $90M,” the fintech’s co-founder, Yacine Sibous, wrote Saturday. “Yesterday, we filed for Chapter 7.”

  • buildings in Bethesda, Maryland
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    EagleBank hires Western Alliance exec as its next CEO

    The hire ends a six-month search that drew criticism from an activist investor pushing Eagle to reduce commercial real estate-related risk.