Banking News and Analysis | Banking Dive
Banking Dive provides in-depth journalism and insight into the most impactful news and trends shaping the banking industry.
Banking News and Analysis | Banking Dive
Navy Federal to pay $95M in CFPB overdraft case The nation’s largest credit union charged overdraft fees on purchases made with sufficient funds from 2017 to 2021, generating about …
Breaking down capital requirements - Banking Dive
Dec 4, 2023 · Picture this: You’re in your car, driving down the road, and something goes awry. Your car is out of control, and it comes to an abrupt stop when it hits something; and it hits …
Bank of America customer data exposed in IT provider breach
Feb 13, 2024 · A November 2023 “cybersecurity event” at Infosys McCamish Systems exposed Bank of America customer data, according to a breach notification letter from the bank’s …
Truist names COO, hires away Wells Fargo exec | Banking Dive
Nov 15, 2023 · Truist created a chief operating officer role and hired away a Wells Fargo executive to become its new chief wholesale banking officer, the bank announced Tuesday.. …
Banking Technology News | Banking Dive
Nov 4, 2024 · The latest banking technology news for banking professionals
BB&T completes acquisition of SunTrust to form Truist
Dec 9, 2019 · Dive Brief: BB&T finalized its $28 billion purchase of SunTrust on Friday, completing a deal which will form Truist, the sixth-largest bank in the nation.. The transition to …
7 personnel moves that spotlight Truist’s reorganization
Oct 9, 2023 · Truist warned last month that changes were afoot — that roughly one-third of the $750 million it anticipates to save over the next 18 months would stem from a restructuring …
Landmark cannabis banking bill heads to full Senate
Sep 27, 2023 · In a historic move, the Senate Banking Committee on Wednesday approved a bill that would make it easier for banks to serve state-legal cannabis businesses, positioning the …
Goldman sells Marcus Invest accounts to Betterment
Apr 23, 2024 · Dive Insight: The sale marks the latest step in the dismantling of Goldman’s once-heavy bet on consumer banking. Goldman last month closed its sale of installment lender …