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.
Truist to close 72 locations by March - Banking Dive
Jan 4, 2024 · Dive Insight: Truist did not respond to Banking Dive’s request for a list of branches that are expected to close.. A Truist spokesperson told American Banker that nine branches …
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 …
Fed, OCC approve BMO’s $16.3B Bank of the West acquisition
Jan 18, 2023 · The Federal Reserve and the Office of the Comptroller of the Currency approved Bank of Montreal’s $16.3 billion acquisition of San Francisco-based Bank of the West, the …
Chase study highlights growing popularity of digital banking
Aug 5, 2021 · The 2021 digital banking study found that a large chunk of consumers want more from their bank — 41% of respondents desired a more personalized banking experience and …
PNC leans on ‘boring’ label in new marketing campaign
Mar 19, 2024 · PNC is dubbing itself “boring” in a new national advertising campaign. Amid recent turbulence in the banking industry, the Pittsburgh-based bank is “ focused on being reliable …
PNC could cut more than 2,400 employees: report - Banking Dive
Oct 13, 2023 · PNC foreshadowed its layoffs Tuesday, saying it had reviewed its organizational structure with an eye toward expense management, and had “identified an opportunity to …
Banking Technology News | Banking Dive
2 days ago · Pay-by-bank to be used for bills, Plaid CEO predicts Plaid CEO Zach Perret expects consumers to use pay-by-bank services for mortgage and utility payments, but is skeptical …
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 …
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 …