The Latest

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    Florida’s BayFirst makes a switch at CEO

    The bank named Tampa banking veteran Al Rogers as its top executive amid an $80 million capital raise and a reinforced commitment to community banking.

  • Citigroup building in downtown Toronto, Ontario is pictured on Sept. 13, 2024.
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    Citi launches Arc to scale AI agents across the business

    The bank is looking to the technology to automate manual tasks such as research and data analysis.

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    Washington bank Banner to buy Pacific Financial for $177M

    The deal, expected to close in the third quarter, will result in a combined entity with $18 billion in assets.

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    Citi adds AI-powered adviser in wealth unit

    Discussions are underway to use the agentic AI tool more broadly across the bank, “especially with the credit card business,” said Joe Bonanno, head of wealth intelligence at Citi.

  • A close-up of Russell Vought, Director of the Office of Management and Budget, shows him looking up.
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    CFPB slims small-business borrower data collection rule

    The rule, set to take effect in 2028, narrows back to 13 the number of data points collected and raises the lending threshold to a level that spares most small financial institutions.

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    Indiana credit union to buy Ohio bank

    Interra Credit Union’s purchase of The Hicksville Bank – the fourth whole-bank acquisition by a credit union announced this year – would expand the credit union’s footprint into northeast Indiana and northwest Ohio.

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    Lazard to buy private markets adviser Campbell Lutyens for $575M

    An additional consideration of up to $85 million will be determined by defined performance criteria over multiple years, Lazard said.

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    Fintech OppFi to buy Arizona bank for $130M

    The Chicago-based subprime lender said pairing its online platform with BNC’s national bank charter lets it offer more banking services on a broader scale.

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    ‘We are a new banking desert’: Oregon bank group CEO

    A tax credit, set to take effect in June, aims to stimulate de novo activity in the state, which hasn’t chartered a new bank since 2007.

  • A sign for CitiBank is seen on the bank branch in Manhattan on March 01, 2024 in New York City.
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    Citi taps former Google exec as CIO

    Brian Saluzzo began his tenure with Citi in March, joining as the bank rolls out AI and nears completion of a business transformation initiative.

  • A bespeckled man walks in front of M7T Bank in Brooklyn, NY.
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    Ex-M&T employee alleges discrimination over gender, sexual orientation

    An ex-vice president and commercial branch manager based in Long Island alleges she was “treated as a secondclass citizen” by her boss for being a gay woman.

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    Heather Diehl via Getty Images
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    Warsh’s Fed chair nomination moves to full Senate

    The Senate Banking Committee, including once-holdout Sen. Thom Tillis, voted along party lines to keep alive ex-Federal Reserve Gov. Kevin Warsh’s bid to succeed Jerome Powell atop the central bank.

  • A football player in a white, gold and red uniform is shown in the air with arms up, ready to catch a football. A stadium crowd is blurred in the background, and a red shield logo is seen in the middle of the image.
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    Q&A

    U.S. Bank marketing chief: Brand refresh conveys ‘we’ve arrived’

    As part of a brand revitalization, the super-regional bank is using jewel tones to project sophistication and harnessing its shield design in novel ways, CMO Michael Lacorazza said.

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    Mercury nabs conditional OCC charter

    The fintech has received conditional approval four months after it applied for a national bank charter, when it named SoFi alum Jon Auxier as CEO of the proposed Mercury Bank.

  • Point-of-sale device, with Adyen and Verifone logos, sits on store counter next to stapler and calculator.
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    Adyen to buy German loyalty platform Talon.One for $876M

    The deal will let the Dutch fintech connect a shopper’s online and in-store interactions so promotions and pricing can be adjusted midstream.

  • A glass and stone building is shown in the evening, with lights on inside, and "Associated Bank" name and logo on the outside.
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    Associated Bank CEO wants to pave ‘highway to private wealth’

    After renovations to the Midwest lender’s retail and commercial banks, accelerating growth in private wealth will be the focus in 2027, Andy Harmening said.

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    Customers Bank deepens ties with OpenAI

    The Pennsylvania-based lender aims to “reimagine its lending, deposit and payment lifecycles” in commercial banking by handing off document collection, underwriting and other tasks to artificial intelligence.

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    Ohio’s Peoples Bank to expand in Kentucky

    The sale of Citizens Bank of Kentucky’s securities portfolio will help Peoples remain under $10 billion in assets.

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    Sezzle eyes checking accounts

    The buy now, pay later provider is exploring additional financial services, including deposit accounts, as it seeks to build a “super app.”

  • Flames from a fire seen behind a Sunset Blvd. street sign.
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    Apu Gomes via Getty Images
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    Trump calls out Wells Fargo, banks over LA fire response

    The federal government “will be looking into” banks’ actions following last year’s fires, the president said in a social media post Thursday. "The Banks must treat those people … very fairly and well."

  • A Huntington Bank ATM sits within a brick and metal building, and a window shows the interior of the branch. Signs read "welcome" and "now open."
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    Caitlin Mullen/Banking Dive
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    Huntington whittles expense growth

    The regional bank is pruning some investments in hiring and technology amid a tighter focus on controlling cost increases, its CFO said.

  • Federal Reserve Chairman Jerome Powell answers questions from reporters
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    DOJ drops probe into Fed’s Powell

    Sen. Thom Tillis said Sunday he would stop blocking the nomination of Jerome Powell’s potential successor. The Fed’s inspector general will look into over-budget renovations at the central bank.

    Updated April 27, 2026
  • HSBC cross border payments blockchain digital cryptocurrencies
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    Q&A

    HSBC exec opens up on what drives real-time payment growth

    Corporations adopt faster digital payments based on their priorities and the rise of digital assets, an HSBC payments executive said.

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    First Citizens to shed SVB name

    The Raleigh, North Carolina-based lender is dropping the Silicon Valley Bank name in the fourth quarter. It’s also letting go of the CIT name that’s remained with a commercial unit since a 2022 acquisition.

  • A PNC branch in Denver is shown, with "PNC Bank" signage on the exterior of the building.
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    PNC to cut 777 FirstBank jobs this summer

    The reductions at the acquired bank’s Colorado headquarters are designed to stem “overlap.” PNC, in a statement, touted the Denver market as a strong, strategic talent base for technology at the bank.