Recent Posts
News•Feb 25, 2026
How the OCC Is Handling Its Charter Application Workload
Bank charter applications surged in 2025, with 18 new OCC filings—equal to the total received in the previous four years combined. OCC chief Jonathan Gould frames the spike as a return to normal, emphasizing that new bank formation signals system health. Gould reshaped the chartering unit, introduced examiner rotations, and leveraged a seasoned pipeline to handle the workload despite recent staff reductions. Meanwhile, industry groups push back on national‑trust charters for crypto firms, highlighting regulatory uncertainty.
By Banking Dive
News•Feb 23, 2026
Why Banks Are Struggling to Deliver ROI on AI Investments
Major banks have invested billions in generative AI, yet a MIT study shows 95% see no measurable return. Isolated task‑level gains have not translated into enterprise‑wide efficiency, leaving boards and CFOs uneasy. The root causes are the sequencing problem—guessing which...
By Banking Dive
News•Feb 20, 2026
Democratic Senators Press Bowman on Fed Changes
Democratic senators sent two letters to Fed Vice Chair Michelle Bowman questioning recent supervisory changes, including a 30% staff cut in the Fed's supervision arm and the removal of bank examiners at banks' request. They also demanded answers on her...
By Banking Dive
News•Feb 20, 2026
TD Aims to Retain Its Branch ‘Essence’ Amid Brand Refresh
TD Bank U.S. is launching a "More Human" brand refresh while pledging to keep its traditional branch‑centric ethos. New head of consumer deposit and payment products Marc Womack says the focus is on retaining customers amid fierce deposit competition and...
By Banking Dive
News•Feb 19, 2026
Remitly Hires Santander Alum as Its Next CEO
Remitly announced Sebastian Gunningham, a former Santander Consumer Finance chair with executive experience at Amazon, Apple and Oracle, will become its chief executive on Thursday. Co‑founder Matt Oppenheimer will transition to board chair as the company reported a strong 2025...
By Banking Dive
News•Feb 18, 2026
Warren Targets Dimon for Help on Interest Rate Caps
Senator Elizabeth Warren wrote to JPMorgan Chase CEO Jamie Dimon urging his public support for the Empowering States’ Rights to Protect Consumers Act, which would let states re‑impose credit‑card interest‑rate caps on national banks. The legislation seeks to restore the...
By Banking Dive
News•Feb 18, 2026
OCC Conditionally Approves Stripe Subsidiary Bridge for Trust Charter
Stripe’s subsidiary Bridge received conditional approval from the Office of the Comptroller of the Currency for a national trust bank charter. The license would allow Bridge to issue stablecoins, custody digital assets, and manage reserves under OCC oversight. The decision...
By Banking Dive
News•Feb 17, 2026
The New Forces Shaping for Financial Trust
Banks must protect trust while delivering real‑time digital services, prompting CIOs to balance speed, innovation, and regulatory risk. Tata Communications identified four forces—Simplification, Network as a strategic asset, AI readiness, and Precedent‑free leadership (SNAP)—that now shape technology agendas in financial...
By Banking Dive
News•Feb 10, 2026
Texas Capital CEO Touts Transformation Amid M&A Chatter
Texas Capital Bank, a $31.5 billion‑asset lender, completed a multi‑year transformation that boosted profitability and expanded its product suite. Net income swung from a $65.6 million loss to a $100.9 million gain in Q3 year‑over‑year, and revenue reached $1.26 billion in 2025. CEO Rob...
By Banking Dive
News•Feb 9, 2026
Capital One Pays CEO Fairbank $40M for 2025
Capital One's board approved a $40 million compensation package for CEO Richard Fairbank for 2025, a 19 % increase from his 2024 pay. The package consists of $2.5 million in restricted stock units and a $37.5 million year‑end incentive award, including $24.8 million in performance...
By Banking Dive
News•Feb 6, 2026
Dive Deposits: CFPB Tamps Down on Complaint Portal
The Consumer Financial Protection Bureau (CFPB) announced new landing‑page language that forces consumers to dispute credit‑report errors directly with Experian, Equifax or TransUnion before filing a complaint. Credit‑reporting issues now make up more than 88% of the agency’s portal submissions,...
By Banking Dive
News•Feb 5, 2026
Washington State Credit Unions Buying Banks Face New Tax
Washington has imposed a 1.2% business and occupation tax on gross income from credit‑union acquisitions of banks, effective for deals submitted after Jan. 1, 2026. The levy applies only to Washington‑chartered credit unions, exempting out‑of‑state entities and pre‑2026 filings. The move follows...
By Banking Dive
Deals•Feb 3, 2026
Banco Santander to Acquire Webster Financial for $12.3B
Banco Santander announced it will acquire Webster Financial Corporation, a Connecticut‑based bank, for $12.3 billion in cash and stock. The deal will make Webster a wholly‑owned subsidiary, creating a top‑10 U.S. retail and commercial bank and a top‑five deposit franchise in...
Banking Dive
Deals•Jan 8, 2026
Blackstone Acquires Morgan Stanley's Alliance Technical Group Environmental Services Platform
Blackstone's energy‑transition arm has acquired Alliance Technical Group (ATG), an environmental testing and compliance services provider, from Morgan Stanley. The deal, announced on Tuesday, transfers ATG's sustainability consulting, auditing and emissions monitoring capabilities to Blackstone, with financial terms undisclosed.
Banking Dive