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  • A skyscraper with the name "U.S. Bank" atop it is shown.
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    Courtesy of U.S. Bank
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    U.S. Bank to buy BTIG for $1B to bolster capital-markets business

    BTIG has served as an equity capital markets referral partner for U.S. Bank since 2014. The two firms subsequently launched an M&A advisory referral program.

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    Joe Raedle via Getty Images
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    JPMorgan CFO: Card interest cap would ‘significantly change’ bank’s business

    The CFO of the largest U.S. lender didn’t rule out that the banking industry could take legal action if a credit card interest rate cap is imposed, as President Donald Trump has suggested.

  • regions cfo david turner is retiring and being replaced by anil chadha
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    Permission granted by Regions Financial Corp.
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    Regions insider named next CFO

    Anil Chadha, the Birmingham, Alabama-based bank's controller and head of corporate finance, will take the role after longtime CFO David Turner retires in March.

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    Getty Images
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    Ohio bank rebrands in ‘ambition play’

    Metamora State Bank, a three-branch, $98 million-asset lender, adopted a new moniker – Bank419 – that embraces the region’s area code rather than tying itself to one town.

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    Fed’s Powell resists DOJ probe

    At least two GOP senators and a dozen former Federal Reserve and Treasury officials are questioning the Trump administration’s investigation into the central bank chair’s testimony and construction projects.

  • 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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    Vought concedes on CFPB funding

    The CFPB’s acting director requested $145 million from the Federal Reserve to carry out agency duties for the fiscal second quarter, but noted he disagreed with a judge’s decision ordering the agency to do so.

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    Permission granted by SMBC
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    Jenius Bank is winding down

    The Sumitomo Mitsui Banking Corp.-backed digital bank is closing, according to an SMBC spokesperson, confirming employment-related filings and claims from several now-former employees.

    Updated Jan. 13, 2026
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    Anna Moneymaker / Staff via Getty Images
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    Trump proposes card rate cap; banks eschew idea

    The president said he’d like a 10% cap on credit card interest rates for a year, starting this month, but banks said it would be “devastating” for consumers.

  • A nighttime view of a city skyline, with streaks of light from the highway in the foreground.
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    The image by Maciek Lulko is licensed under CC BY 2.0
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    Checkout.com grabs Georgia banking charter

    The payments processor received conditional approval for the state's merchant acquirer limited purpose bank charter.

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    Courtesy of FDIC
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    Plaid hires ex-FDIC chief Jelena McWilliams

    The fintech’s CEO praised the incoming president of corporate and external affairs as a “consistent voice for transparency, consumer protection, and innovation” in a blog post Thursday.

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    Spencer Platt via Getty Images
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    Michigan’s Zeal Credit Union to buy another UP bank

    The proposed purchase of The Miners State Bank follows Zeal’s acquisition of Gogebic Range Bank, also in the state’s Upper Peninsula. The Miners deal is the first credit union-bank tie-up of 2026.

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    JPMorgan Chase to take over as Apple Card’s issuer

    The largest U.S. bank will assume a $20 billion portfolio of Apple customers as Goldman Sachs extricates itself from consumer lending.

  • President Donald Trump speaks to reporters at the White House on Aug. 25, 2025, in Washington, D.C.
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    Chip Somodevilla via Getty Images
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    Trump family’s crypto firm seeks bank charter

    World Liberty Financial follows several other digital asset companies in pursuit of a national trust bank charter, regulated by the Office of the Comptroller of the Currency.

  • An exterior image of the Marqeta headquarters building in Oakland, California.
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    Permission granted by Marqeta.

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    Marqeta names Stripe, JPMorgan alum as CFO

    The Stripe veteran is joining the card issuer as it continues to focus on profitability following a 27% jump in gross profit for its most recent quarter.

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    Getty Images
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    Jefferies takes $30M loss over First Brands investment

    “There clearly are lessons to be learned,” executives said of the auto parts supplier’s bankruptcy. The bank, however, saw a 20% surge in investment-banking revenue.

  • Sam Altman sits on the left side of a stage, in front of an American flag, while speaking into a microphone and gesturing, as Michelle Bowman sits on the right side of the stage in front of a Federal Reserve flag.
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    Andrew Harnik / Staff via Getty Images
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    Fed’s Bowman, lawmakers suggest regulatory threshold changes

    The vice chair for supervision also wondered whether a more nuanced approach would be better than single-metric thresholds, such as those based on asset size.

  • A sign reads "Wells Fargo" with the bank's logo below.
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    Michael M. Santiago / Staff via Getty Images
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    Wells Fargo location in Connecticut votes against unionizing

    Of 30 Wells branches to have held union elections, three have voted against unionizing. A Wells Fargo branch in Wallingford, Connecticut is one of them.

  • Dollar bills and finance and banking on digital stock market financial exchange
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    Getty Images
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    4 banking trends to watch in 2026

    This year is poised to show how far the groundwork laid in 2025 can carry the banking space – with regard to regulation, mergers and acquisitions, artificial intelligence and more.

  • A sign reads "Bank of America" with the company's logo shown below.
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    Justin Sullivan / Staff via Getty Images
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    BofA sued over alleged Jan. 6 ‘surveillance’

    Bank of America “data-mined” its customer base to identify anyone who used a BofA product in the Washington, D.C., metro area between Jan. 5 and Jan 7, 2021, a customer alleged.

  • The entrance to a stone Comerica Bank building entrance is shown, with stone stairs in the foreground.
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    Getty Images
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    Comerica, Fifth Third shareholders back merger

    Comerica shareholders ignored an activist investor’s urging to reject the deal, with 97% of votes cast Tuesday in favor of the bank’s acquisition by Fifth Third.

  • A man wearing a gray and black jacket with the emblem of the city of Baltimore on the left side.
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    Rob Carr via Getty Images
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    Baltimore sues fintech Dave over cash advance product

    “Misleading” marketing and high interest charges were “intentionally designed to trap individuals in cycles of debt,” the city asserted. Baltimore sued another fintech, MoneyLion, in October.

  • A closeup of JPMorgan Chase's headquarters in New York.
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    Michael M. Santiago via Getty Images
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    JPMorgan eschews proxy advisers for internal AI tool

    After CEO Jamie Dimon railed against the advisers for years, the bank’s asset management unit cut firms like ISS and Glass Lewis out of U.S. voting decisions.

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    Mario Tama via Getty Images
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    Morgan Stanley sells environmental services platform to Blackstone

    The private-equity giant called Alliance Technical Group a “clear market leader in emissions testing and monitoring” that would help serve a broad range of clients.

  • Bunq CEO Ali Niknam stands in front of Bunq's logo.
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    Courtesy of https://press.bunq.com/media_kits/228411/
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    Bunq re-applies for OCC license

    The Dutch neobank sought a U.S. license in 2023 but withdrew after a 301-day wait. It obtained a broker-dealer license in October from FINRA.

  • Girl Walking on Street with Brazilian Flag on Wall
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    Photo by Bia Santana from Pexels.

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    Brazil’s PicPay files for US IPO

    The São Paulo-based fintech previously sought a U.S. listing in 2021 but withdrew a year later. Fellow Brazilian challenger Nubank applied for a U.S. banking license in September.