The Latest

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    Drew Angerer via Getty Images
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    Citi pays CEO Fraser $42M for 2025

    The bank touted progress in modernizing its tech, continuing to exit foreign retail markets and marching toward the medium-term goal of its reorganization.

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    Adobe AI

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    Sponsored by Tata Communications

    The new forces shaping for financial trust

    How financial services CIOs should harness powerful forces to protect trust and enable growth.

  • A stone building facade shows the words "Bank of America Tower" above a glass paneled entrance, with stone steps below.
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    Caitlin Mullen/Banking Dive
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    Judge: ‘Blind-eye’ accusation sufficient in BofA’s Epstein case

    A bank spokesperson reiterated Thursday that the lender looks forward “to a full review of the facts.”

  • Morgan Stanley CEO Ted Pick
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    Courtesy of Morgan Stanley
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    Morgan Stanley pays CEO Pick $45M for 2025

    The package adds to evidence that $40 million is the emerging benchmark by which big-bank CEO annual compensation is measured.

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    Upstart makes CEO switch

    Paul Gu, the chief technology officer who co-founded the AI lender in 2012, will succeed Dave Girouard as CEO on May 1. Girouard will remain executive chair.

  • JPMorgan Chase Nacha ACH payments blockchain
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    JPMorgan, Nacha to share data via blockchain

    The companies aim to simplify the account verification process for JPMorgan Chase customers.

  • A person on their phone walks past a brick Wells Fargo branch with red signage.
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    Justin Sullivan / Staff via Getty Images
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    Wells Fargo charts consumer growth after ‘tear-down’

    The once-limited lender aims to grow consumer deposits faster than the market, and better branch productivity will become a more meaningful contributor in that endeavor, the bank’s CFO said.

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    Courtesy of Albertsons
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    MrBeast acquires youth-focused fintech Step

    “Nobody taught me about investing, building credit or managing money when I was growing up,” the YouTube star said on X. “I want to give millions of young people the financial foundation I never had.”

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    Ex-Schwab employee found guilty of fraud, ID theft

    A former bank employee, hired by an unnamed Cleveland-based bank and then Charles Schwab to help protect customers from fraud, faces up to 30 years in prison.

  • A man smokes outside a Standard Chartered bank location.
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    Matthew Lloyd via Getty Images
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    StanChart CFO abruptly exits for Apollo

    Diego De Giorgi had been seen as a driving force behind the bank's efforts to cut costs and focus on Asia. He was also considered a potential successor to long-serving CEO Bill Winters.

  • A glass and concrete building is shown from the ground looking up, against blue sky and clouds, with the "Texas Capital" name and logo at the top of the building.
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    Permission granted by Texas Capital
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    Texas Capital CEO touts transformation amid M&A chatter

    The Dallas-based bank is seen in the industry as a possible takeover target, but CEO Rob Holmes said "the real M&A transaction for Texas Capital" has been its recent business transformation.

  • A close-up shot of the top of an office building at night shows the name "KeyBank" with a key logo.
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    Robert Way via Getty Images
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    HoldCo drops KeyBank, Eastern proxy fights

    The activist investor expressed renewed confidence in KeyBank CEO Chris Gorman after he clarified the bank’s no-acquisition stance, and the lender replaced its lead independent director and two board members.

  • Russell Vought CFPB
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    Kayla Bartkowski via Getty Images
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    GAO details CFPB’s downsizing

    Two reports released Monday explored the scope of the CFPB’s downsizing in the last 12 months. A second one, by Senate Democrats, said the changes have cost consumers $19 billion.

  • CFPB open banking banks Russell Vought fintechs litigation
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    andresr via Getty Images
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    US banks wrestle with regulation amid rising AI spend

    Despite the challenges, financial services firms in the U.S. lead their global counterparts in AI maturity, according to a Finastra report.

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    Erebor Bank receives national bank charter

    The bank, founded by tech billionaire Palmer Luckey and backed by Peter Thiel, is the first recipient of a national bank charter under the current presidential administration.

  • A sign hangs above an entranceway to a Capital One Café on February 19, 2024, in Miami, Florida.
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    Joe Raedle / Staff via Getty Images
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    Capital One pays CEO Fairbank $40M for 2025

    The pay package represents an approximately 19% raise over the $33.5 million Fairbank received for 2024.

  • Gemini Trust founders the Winklevoss twins listen during President Trump's Digital Asset Summit
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    Anna Moneymaker via Getty Images
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    Gemini to cut 200 jobs, close in UK and Europe

    The crypto firm’s founders, Cameron and Tyler Winklevoss, said those “foreign markets have proven hard to win in” but expressed confidence in a pivot to prediction markets.

  • Federal Reserve ACH FedNow real time payments fintechs banks
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    Alex Wong via Getty Images
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    Fed ‘skinny’ account idea draws criticism

    A prototype payment account carries undue restrictions, fintech groups said in response to a Fed proposal that offers expanded real-time payments access.

  • "BNP Paribas" is seen on a sign on a building as a person walks by in the background.
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    Matt Cardy / Stringer via Getty Images
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    BNP Paribas tops 2025 target, invests $299B in low carbon transition

    The French bank said 82% of its energy production credit exposure was directed to low-carbon energies as of September 2025.

  • Two people with their backs to the camera use Bank of America ATMs.
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    Justin Sullivan / Staff via Getty Images
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    Ex-Bank of America employee pleads guilty in money laundering scheme

    A Brooklyn, New York-based banker allegedly aided a criminal enterprise that submitted more than $10 billion in fraudulent Medicare claims, the Justice Department said.

  • 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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    Democrats urge FDIC, OCC to scrap ‘unsafe,’ ‘unsound’ change

    Elizabeth Warren and other senators accused the regulatory agencies of pursuing “pernicious” changes to bank supervision that would further tie examiners’ hands.

  • A close-up of Russell Vought, Director of the Office of Management and Budget, shows him looking up.
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    Anna Moneymaker / Staff via Getty Images
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    Column

    Dive Deposits: CFPB tamps down on complaint portal

    The bureau published three pages urging consumers to file complaints with credit agencies before contacting the CFPB. It’s not subtle.

  • A USAA campus building is pictured with the company logo above the entrance.
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    Permission granted by USAA
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    USAA hires Santander tech chief as next CIO

    Dan Griffiths will succeed Amala Duggirala, who is now chief digital and technology officer for Delta Air Lines.

  • the exterior of an office building bearing UBS signage
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    Dan Kitwood via Getty Images
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    UBS deploys AI programs to unlock efficiency

    The financial services firm is seeing AI adoption increase across its operations, according to CEO Sergio Ermotti.

  • A paneled building facade with "Bank of America" signage and logo is shown above an entrance with glass doors.
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    Caitlin Mullen/Banking Dive
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    Inside Bank of America’s plan for credit card growth

    The country’s second-largest lender is investing heavily in digital enhancements, increased marketing and a refresh to its rewards program, a bank executive said.

  • The building features the bank's distinctive green and white signage, with large glass windows and a brick façade with a clear blue sky behind it.
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    Alamy
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    Huntington hires BNY alum as next risk chief

    Senthil Kumar will become Huntington’s CRO as it transitions to a Category III bank, with higher liquidity requirements and capital buffers and more frequent stress tests.