The Los Angeles lender repositioned securities into shorter-duration, higher-yielding products. It also launched the sale of ...

Dan Allred previously spent 20-plus years climbing the ranks at Silicon Valley Bank, eventually as a senior market manager on its national fintech team.

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

Rent fintech Flex has applied with the Federal Deposit Insurance Corp. and Utah Department of Financial Institutions to become an industrial bank, the company announced Friday. “A bank charter allows ...

Cryptocurrency exchange BitMEX will shut down in September after 11 years, the firm announced Friday. New user registrations stopped immediately Friday. While users can continue buying and trading ...

Count Huntington among the regional lenders facing deposit cost pressure, although the bank’s CFO pointed to fee revenue growth offsetting that. The Columbus, Ohio-based bank brought in $4 billion in ...

Puerto Rico’s largest lender is moving its CFO, Jorge García, into its chief executive role when Javier Ferrer exits the bank ...

Brian Johnson, the Trump administration’s nominee to lead the Consumer Financial Protection Bureau, told senators Thursday he would pledge to “have an open mind about staffing levels” at the agency, ...

We've been challenged extensively throughout the process, and that's exactly what should happen when an institution is seeking the privilege of becoming a national bank,” an Upstart executive said.

The British fintech said it plans to submit a new application for a U.S. trust charter under a Genius Act framework.