Banking Dive provides in-depth journalism and insight into the most impactful news and trends shaping the banking industry.

Capital One closed roughly 300 Trump Organization bank accounts in 2021 after “months of analysis and a careful review” by the lender’s anti-money laundering team, the bank said Friday in court ...

The pendulum to reframe the Community Reinvestment Act has swung again. The Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp. proposed a rule Friday that would limit ...

The brokerage arm of the Swiss bank didn’t fix flaws identified in 2018, resulting in some 60,000 foreign currency wires ...

Frost Bank’s CEO expects intense banking competition in Texas may cool slightly after some lenders making “structure-light” loans learn over time whether their decisions were right. CEO Phil Green ...

Regulators broadly agree on one thing when it comes to generative AI in finance: Humans should be, need to be, in the loop. Models make mistakes. Someone needs to catch them. The human-in-the-loop ...

The fintech Chime plans to cut 10% of its workforce, or about 150 employees, to take advantage of artificial intelligence efficiencies and innovate using smaller teams. “The world is changing quickly ...

Andrea Gacki, the director of the Financial Crimes Enforcement Network since 2023, will become global head of sanctions at the New York City-based lender.

An Idaho-based teller embezzled $8,000 from First Interstate’s cash recycler, the central bank said. A Florida-based Regions relationship banker allegedly withdrew roughly $203,000 from a customer ...

Midwest regional Associated Bank appointed Brianna Elsass as chief digital officer, the bank said Monday. Elsass joins Associated after a decade at BMO, where she held multiple digital servicing ...