NEW YORK — JPMorgan Chase, the world’s largest financial institution by market capitalization, has announced a significant transition within its C-suite. Mark O’Donovan, a seasoned executive with three decades of tenure at the firm, has been tapped to succeed Robin Leopold as the head of Human Resources. The transition, set to take effect in January…
In the high-stakes world of regional banking, few tasks are as daunting as a wholesale credit overhaul. For Coral Gables-based Amerant Bancorp, the transition from late 2025 to the present has been defined by a singular, intense focus: de-risking the balance sheet and establishing a sustainable path forward. Since ascending to the roles of President…
By Gabrielle Saulsbery | Banking Dive Published: October 1, 2026 The Federal Reserve Board’s ambitious, multi-billion-dollar effort to modernize the historic Marriner S. Eccles Building complex has moved beyond the realm of simple construction management to become a flashpoint for political controversy in Washington. A long-awaited report released Wednesday by the Office of the Inspector…
In a landmark move that signals a significant shift in the regional banking landscape, Marietta, Ohio-based Peoples Bancorp Inc. has announced a definitive agreement to acquire Rockville, Maryland-based Capital Bancorp Inc. The all-stock transaction, valued at approximately $728.1 million, represents a calculated bid by Peoples to solidify its footprint in the lucrative Washington, D.C. metropolitan…
For the modern fintech firm, the path from a nimble, software-driven startup to a fully regulated national bank is often viewed as the ultimate graduation. However, as industry veterans recently underscored at the Federal Reserve Bank of Philadelphia’s annual fintech conference, this transition is not merely a box-ticking exercise in legal compliance. It is a…
By Banking Dive Staff | September 30, 2026 In a landmark decision that promises to reshape the regulatory landscape for the nation’s largest financial institutions, the Federal Reserve Board on Wednesday finalized a comprehensive package of rules designed to modernize the bank stress-testing process. The move marks a definitive pivot toward greater transparency and reduced…
In the high-stakes world of global finance, the line between a traditional banking institution and a technology powerhouse is increasingly blurred. For Bank of America (BofA), the nation’s second-largest bank by assets, maintaining a competitive edge requires more than just capital—it requires a constant pulse on the bleeding edge of software, data science, and artificial…
By Gabrielle Saulsbery | Banking Dive Published September 29, 2026 In a sudden leadership transition that has sent ripples through the upper echelons of Sumitomo Mitsui Banking Corp. (SMBC) Americas, the firm announced on Monday that Chief Operations Officer Greg Keeley is no longer with the organization. The departure, effective immediately, marks the end of…
Executive Summary A scathing report from the Federal Reserve Board’s Office of Inspector General (OIG) has unveiled significant systemic vulnerabilities within the central bank’s information security infrastructure. The report, which details the mishandling of highly sensitive Federal Open Market Committee (FOMC) data, highlights a pattern of recurring security violations by a single employee that went…
By Dan Ennis Published September 29, 2026 In a strategic move that underscores the ongoing consolidation within the American financial services landscape, Gulf Winds Credit Union has announced its agreement to acquire Alabama-based Peoples Exchange Bank. This development follows the credit union’s August agreement to purchase Madison County Community Bank, marking a dual-track expansion strategy…
