Philly's Tioga-Franklin Savings Bank fails, fifth US bank failure of 2026
The $68M-asset institution founded in 1873 is acquired by Second Federal Savings and Loan Association of Philadelphia.
Banking Dive
Valley National Bank to acquire Chicago-area Providence Bank & Trust for $247M
The $66B regional bank gains a branch footprint in a market where it previously had only a single commercial office.
Banking Dive
Itaú gets OCC conditional approval for US bank charter
Latin America's largest bank will target high-net-worth clients through a single Miami branch offering deposits, mortgages and credit cards.
Banking Dive · +1 outlets
SEC charges ex-Bank of America banker and friend with insider trading
The regulator alleges the banker alerted a friend to a pending deal, resulting in an $18.5M windfall for the friend.
Banking Dive
Citi reports $647.2B in sustainable financing since 2020, sets new 2030 goals
CEO Jane Fraser said clients see resilience as a competitive necessity in the bank's sustainable finance progress report.
Banking Dive · +1 outlets
Truist doubles down on mass-affluent wealth-transfer opportunity
The Charlotte-based bank is hiring more advisers at its premier level, viewing the segment as a feeder to wealth management.
Banking Dive · +1 outlets