CINXE.COM
U.S. Bank bets on capital markets boost | Banking Dive
<!DOCTYPE html> <html class="no-js" dir="ltr" lang="en-US" prefix="og: http://ogp.me/ns# fb: http://ogp.me/ns/fb#"> <head> <meta charset="utf-8"> <meta http-equiv="x-ua-compatible" content="ie=edge"> <meta name="viewport" content="width=device-width, initial-scale=1.0"> <title>U.S. Bank bets on capital markets boost | Banking Dive</title> <meta name="description" content="Banking news"/> <meta name="sailthru.tags" content="banking,type-newspost,banking-commercial,banking-technology,banking-tag-operations"/> <meta property="fb:pages" content="510756622789753"> <script data-cfasync="false"> window.dataLayer = window.dataLayer || []; function gtag(){dataLayer.push(arguments);} gtag('consent','default',{ 'ad_storage':'denied', 'analytics_storage':'denied', 'ad_user_data':'denied', 'ad_personalization':'denied', 'personalization_storage':'denied', 'functionality_storage':'granted', 'security_storage':'granted', 'wait_for_update': 500 }); gtag("set", "ads_data_redaction", true); </script> <script data-cfasync="false" src="https://cmp.osano.com/AzqdtLT8Mqkut2TZ/bdeb2f70-056f-4937-961a-e9db412e4c7a/osano.js"></script> <style> .osano-cm-widget{display: none;} </style> <script data-cfasync="false"> window.Osano.cm.addEventListener("osano-cm-script-blocked", function (item) { console.log("Script blocked: " + item); }); window.Osano.cm.addEventListener("osano-cm-cookie-blocked", function (item) { console.log("Cookie blocked: " + item); }); </script> <script> window.dive_location = "NonEU"; window.dive_limit_data_processing = false; </script> <!-- ====== FAVICONS ======= --> <link rel="icon" type="image/x-icon" sizes="any" href="/favicon.ico?v=2" /> <link rel="apple-touch-icon" sizes="180x180" href="/apple-touch-icon.png?v=2"> <link rel="icon" type="image/png" sizes="32x32" href="/favicon-32x32.png?v=2"> <link rel="icon" type="image/png" sizes="16x16" href="/favicon-16x16.png?v=2"> <link rel="manifest" href="/site.webmanifest?v=2"> <link rel="mask-icon" href="/safari-pinned-tab.svg?v=2" color="#5bbad5"> <meta name="msapplication-TileImage" content="/mstile-150x150.png?v=2"> <meta name="msapplication-TileColor" content="#603cba"> <meta name="theme-color" content="#ffffff"> <link rel="alternate" type="application/rss+xml" title="Banking Dive - Latest News Feed" href="https://www.bankingdive.com/feeds/news/"/> <link rel="canonical" href="https://www.bankingdive.com/news/us-bank-capital-markets-wealth-corporate-trust-philipson/733998/"/> <meta name="title" content="U.S. Bank bets on capital markets boost" /> <meta name="medium" content="news" /> <meta name="date" content="2024-11-26" /> <meta name="twitter:card" content="summary_large_image"> <meta name="twitter:domain" content="Banking Dive"> <meta name="twitter:site" content="@bankingdive"> <meta property="og:title" name="og:title" content="U.S. Bank bets on capital markets boost" /> <meta property="og:site_name" name="og:site_name" content="Banking Dive" /> <meta property="og:type" name="og:type" content="article" /> <meta name="article_date_original" content="Tuesday, November 26, 2024, 08:16 AM" /> <meta property="og:url" name="og:url" content="https://www.bankingdive.com/news/us-bank-capital-markets-wealth-corporate-trust-philipson/733998/" /> <meta property="og:image" name="og:image" content="https://imgproxy.divecdn.com/VuK9IXm2TN3UM2rPa8aTkQXJbtj9t4RCA1RN1QcRxdc/g:ce/rs:fit:770:435/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9VU0JhbmtUb3dlcl9DQV8zeDIuanBn.webp" /> <meta property="og:description" name="og:description" content="The super-regional is expanding its product set and angling for a more prominent position with its clients, the bank’s head of wealth, corporate, commercial and institutional banking said." /> <meta name="sailthru.date" content="2024-11-26T08:16:40" /> <meta name="sailthru.expire_date" content="2034-11-14T08:16:40" /> <meta name="sailthru.author" content="Caitlin Mullen" /> <meta name="sailthru.image.full" content="https://imgproxy.divecdn.com/VuK9IXm2TN3UM2rPa8aTkQXJbtj9t4RCA1RN1QcRxdc/g:ce/rs:fit:770:435/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9VU0JhbmtUb3dlcl9DQV8zeDIuanBn.webp" /> <!-- 770x435 --> <meta name="sailthru.image.thumb" content="https://imgproxy.divecdn.com/wK0KhEjmjFb0iBQ1j-MAraKe6Ae83xPmC2bLMNaaKpk/g:ce/rs:fit:106:60/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9VU0JhbmtUb3dlcl9DQV8zeDIuanBn.webp" /> <!-- 106x60 --> <meta name="sailthru.description" content="The super-regional is expanding its product set and angling for a more prominent position with its clients, the bank’s head of wealth, corporate, commercial and institutional banking said." /> <link rel="stylesheet" href="/static/css/dive_app.css?305715190225"> <script> // Initialize dataLayer empty array for GTM events window.dataLayer = window.dataLayer || []; window.dataLayer.push({ 'site': 'Banking Dive', }); // wrapper function to push GTM events to dataLayer pushGTMEvent = (eventObject) => { // if window.datalayer is not defined, then set to an empty array window.dataLayer.push(eventObject); }; </script> <!-- Google Tag Manager --> <script>(function(w,d,s,l,i){w[l]=w[l]||[];w[l].push({'gtm.start': new Date().getTime(),event:'gtm.js'});var f=d.getElementsByTagName(s)[0], j=d.createElement(s),dl=l!='dataLayer'?'&l='+l:'';j.async=true;j.src= 'https://www.googletagmanager.com/gtm.js?id='+i+dl;f.parentNode.insertBefore(j,f); })(window,document,'script','dataLayer','GTM-55G8WRR');</script> <!-- End Google Tag Manager --> <script> let eventParams = {}; eventParams.author = "Caitlin Mullen"; eventParams.date_published_readable = "2024-11-26"; eventParams.post_type = "Article"; eventParams.tags = "Operations"; eventParams.topics = "Commercial, Technology"; eventParams.clone = "False"; const gtmEventObject = { event: 'page.content', 'page.content': { v:11, // seer version ...eventParams } }; window.pushGTMEvent(gtmEventObject); </script> <script type="module" src="/static/js/dist/lyticsHelper.bundle.js?325815190225" ></script> <script type="text/javascript" src="/static/js/ad_blocker_recovery.js?160016291122"></script> <!-- These are the 2 necessary scripts for the ad recovery message to work --> <script async src="https://fundingchoicesmessages.google.com/i/pub-8553262192892817?ers=1" nonce="RORABhIXgMhQdZXbks8fZQ"></script> <script nonce="RORABhIXgMhQdZXbks8fZQ">(function() {function signalGooglefcPresent() {if (!window.frames['googlefcPresent']) {if (document.body) {const iframe = document.createElement('iframe'); iframe.style = 'width: 0; height: 0; border: none; z-index: -1000; left: -1000px; top: -1000px;'; iframe.style.display = 'none'; iframe.name = 'googlefcPresent'; document.body.appendChild(iframe);} else {setTimeout(signalGooglefcPresent, 0);}}}signalGooglefcPresent();})();</script> <!-- If the ad recovery message is blocked, this script shows a backup error message asking users to allow ads --> <script>(function(){/* Copyright The Closure Library Authors. SPDX-License-Identifier: Apache-2.0 */ 'use strict';var aa=function(a){var b=0;return function(){return b<a.length?{done:!1,value:a[b++]}:{done:!0}}},ba="function"==typeof Object.create?Object.create:function(a){var b=function(){};b.prototype=a;return new b},k;if("function"==typeof Object.setPrototypeOf)k=Object.setPrototypeOf;else{var m;a:{var ca={a:!0},n={};try{n.__proto__=ca;m=n.a;break a}catch(a){}m=!1}k=m?function(a,b){a.__proto__=b;if(a.__proto__!==b)throw new TypeError(a+" is not extensible");return a}:null} var p=k,q=function(a,b){a.prototype=ba(b.prototype);a.prototype.constructor=a;if(p)p(a,b);else for(var c in b)if("prototype"!=c)if(Object.defineProperties){var d=Object.getOwnPropertyDescriptor(b,c);d&&Object.defineProperty(a,c,d)}else a[c]=b[c];a.v=b.prototype},r=this||self,da=function(){},t=function(a){return a};var u;var w=function(a,b){this.g=b===v?a:""};w.prototype.toString=function(){return this.g+""};var v={},x=function(a){if(void 0===u){var b=null;var c=r.trustedTypes;if(c&&c.createPolicy){try{b=c.createPolicy("goog#html",{createHTML:t,createScript:t,createScriptURL:t})}catch(d){r.console&&r.console.error(d.message)}u=b}else u=b}a=(b=u)?b.createScriptURL(a):a;return new w(a,v)};var A=function(){return Math.floor(2147483648*Math.random()).toString(36)+Math.abs(Math.floor(2147483648*Math.random())^Date.now()).toString(36)};var B={},C=null;var D="function"===typeof Uint8Array;function E(a,b,c){return"object"===typeof a?D&&!Array.isArray(a)&&a instanceof Uint8Array?c(a):F(a,b,c):b(a)}function F(a,b,c){if(Array.isArray(a)){for(var d=Array(a.length),e=0;e<a.length;e++){var f=a[e];null!=f&&(d[e]=E(f,b,c))}Array.isArray(a)&&a.s&&G(d);return d}d={};for(e in a)Object.prototype.hasOwnProperty.call(a,e)&&(f=a[e],null!=f&&(d[e]=E(f,b,c)));return d} function ea(a){return F(a,function(b){return"number"===typeof b?isFinite(b)?b:String(b):b},function(b){var c;void 0===c&&(c=0);if(!C){C={};for(var d="ABCDEFGHIJKLMNOPQRSTUVWXYZabcdefghijklmnopqrstuvwxyz0123456789".split(""),e=["+/=","+/","-_=","-_.","-_"],f=0;5>f;f++){var h=d.concat(e[f].split(""));B[f]=h;for(var g=0;g<h.length;g++){var l=h[g];void 0===C[l]&&(C[l]=g)}}}c=B[c];d=Array(Math.floor(b.length/3));e=c[64]||"";for(f=h=0;h<b.length-2;h+=3){var y=b[h],z=b[h+1];l=b[h+2];g=c[y>>2];y=c[(y&3)<< 4|z>>4];z=c[(z&15)<<2|l>>6];l=c[l&63];d[f++]=""+g+y+z+l}g=0;l=e;switch(b.length-h){case 2:g=b[h+1],l=c[(g&15)<<2]||e;case 1:b=b[h],d[f]=""+c[b>>2]+c[(b&3)<<4|g>>4]+l+e}return d.join("")})}var fa={s:{value:!0,configurable:!0}},G=function(a){Array.isArray(a)&&!Object.isFrozen(a)&&Object.defineProperties(a,fa);return a};var H;var J=function(a,b,c){var d=H;H=null;a||(a=d);d=this.constructor.u;a||(a=d?[d]:[]);this.j=d?0:-1;this.h=null;this.g=a;a:{d=this.g.length;a=d-1;if(d&&(d=this.g[a],!(null===d||"object"!=typeof d||Array.isArray(d)||D&&d instanceof Uint8Array))){this.l=a-this.j;this.i=d;break a}void 0!==b&&-1<b?(this.l=Math.max(b,a+1-this.j),this.i=null):this.l=Number.MAX_VALUE}if(c)for(b=0;b<c.length;b++)a=c[b],a<this.l?(a+=this.j,(d=this.g[a])?G(d):this.g[a]=I):(d=this.l+this.j,this.g[d]||(this.i=this.g[d]={}),(d=this.i[a])? G(d):this.i[a]=I)},I=Object.freeze(G([])),K=function(a,b){if(-1===b)return null;if(b<a.l){b+=a.j;var c=a.g[b];return c!==I?c:a.g[b]=G([])}if(a.i)return c=a.i[b],c!==I?c:a.i[b]=G([])},M=function(a,b){var c=L;if(-1===b)return null;a.h||(a.h={});if(!a.h[b]){var d=K(a,b);d&&(a.h[b]=new c(d))}return a.h[b]};J.prototype.toJSON=function(){var a=N(this,!1);return ea(a)}; var N=function(a,b){if(a.h)for(var c in a.h)if(Object.prototype.hasOwnProperty.call(a.h,c)){var d=a.h[c];if(Array.isArray(d))for(var e=0;e<d.length;e++)d[e]&&N(d[e],b);else d&&N(d,b)}return a.g},O=function(a,b){H=b=b?JSON.parse(b):null;a=new a(b);H=null;return a};J.prototype.toString=function(){return N(this,!1).toString()};var P=function(a){J.call(this,a)};q(P,J);function ha(a){var b,c=(a.ownerDocument&&a.ownerDocument.defaultView||window).document,d=null===(b=c.querySelector)||void 0===b?void 0:b.call(c,"script[nonce]");(b=d?d.nonce||d.getAttribute("nonce")||"":"")&&a.setAttribute("nonce",b)};var Q=function(a,b){b=String(b);"application/xhtml+xml"===a.contentType&&(b=b.toLowerCase());return a.createElement(b)},R=function(a){this.g=a||r.document||document};R.prototype.appendChild=function(a,b){a.appendChild(b)};var S=function(a,b,c,d,e,f){try{var h=a.g,g=Q(a.g,"SCRIPT");g.async=!0;g.src=b instanceof w&&b.constructor===w?b.g:"type_error:TrustedResourceUrl";ha(g);h.head.appendChild(g);g.addEventListener("load",function(){e();d&&h.head.removeChild(g)});g.addEventListener("error",function(){0<c?S(a,b,c-1,d,e,f):(d&&h.head.removeChild(g),f())})}catch(l){f()}};var ia=r.atob("aHR0cHM6Ly93d3cuZ3N0YXRpYy5jb20vaW1hZ2VzL2ljb25zL21hdGVyaWFsL3N5c3RlbS8xeC93YXJuaW5nX2FtYmVyXzI0ZHAucG5n"),ja=r.atob("WW91IGFyZSBzZWVpbmcgdGhpcyBtZXNzYWdlIGJlY2F1c2UgYWQgb3Igc2NyaXB0IGJsb2NraW5nIHNvZnR3YXJlIGlzIGludGVyZmVyaW5nIHdpdGggdGhpcyBwYWdlLg=="),ka=r.atob("RGlzYWJsZSBhbnkgYWQgb3Igc2NyaXB0IGJsb2NraW5nIHNvZnR3YXJlLCB0aGVuIHJlbG9hZCB0aGlzIHBhZ2Uu"),la=function(a,b,c){this.h=a;this.j=new R(this.h);this.g=null;this.i=[];this.l=!1;this.o=b;this.m=c},V=function(a){if(a.h.body&&!a.l){var b= function(){T(a);r.setTimeout(function(){return U(a,3)},50)};S(a.j,a.o,2,!0,function(){r[a.m]||b()},b);a.l=!0}},T=function(a){for(var b=W(1,5),c=0;c<b;c++){var d=X(a);a.h.body.appendChild(d);a.i.push(d)}b=X(a);b.style.bottom="0";b.style.left="0";b.style.position="fixed";b.style.width=W(100,110).toString()+"%";b.style.zIndex=W(2147483544,2147483644).toString();b.style["background-color"]=ma(249,259,242,252,219,229);b.style["box-shadow"]="0 0 12px #888";b.style.color=ma(0,10,0,10,0,10);b.style.display= "flex";b.style["justify-content"]="center";b.style["font-family"]="Roboto, Arial";c=X(a);c.style.width=W(80,85).toString()+"%";c.style.maxWidth=W(750,775).toString()+"px";c.style.margin="24px";c.style.display="flex";c.style["align-items"]="flex-start";c.style["justify-content"]="center";d=Q(a.j.g,"IMG");d.className=A();d.src=ia;d.style.height="24px";d.style.width="24px";d.style["padding-right"]="16px";var e=X(a),f=X(a);f.style["font-weight"]="bold";f.textContent=ja;var h=X(a);h.textContent=ka;Y(a, e,f);Y(a,e,h);Y(a,c,d);Y(a,c,e);Y(a,b,c);a.g=b;a.h.body.appendChild(a.g);b=W(1,5);for(c=0;c<b;c++)d=X(a),a.h.body.appendChild(d),a.i.push(d)},Y=function(a,b,c){for(var d=W(1,5),e=0;e<d;e++){var f=X(a);b.appendChild(f)}b.appendChild(c);c=W(1,5);for(d=0;d<c;d++)e=X(a),b.appendChild(e)},W=function(a,b){return Math.floor(a+Math.random()*(b-a))},ma=function(a,b,c,d,e,f){return"rgb("+W(Math.max(a,0),Math.min(b,255)).toString()+","+W(Math.max(c,0),Math.min(d,255)).toString()+","+W(Math.max(e,0),Math.min(f, 255)).toString()+")"},X=function(a){a=Q(a.j.g,"DIV");a.className=A();return a},U=function(a,b){0>=b||null!=a.g&&0!=a.g.offsetHeight&&0!=a.g.offsetWidth||(na(a),T(a),r.setTimeout(function(){return U(a,b-1)},50))},na=function(a){var b=a.i;var c="undefined"!=typeof Symbol&&Symbol.iterator&&b[Symbol.iterator];b=c?c.call(b):{next:aa(b)};for(c=b.next();!c.done;c=b.next())(c=c.value)&&c.parentNode&&c.parentNode.removeChild(c);a.i=[];(b=a.g)&&b.parentNode&&b.parentNode.removeChild(b);a.g=null};var pa=function(a,b,c,d,e){var f=oa(c),h=function(l){l.appendChild(f);r.setTimeout(function(){f?(0!==f.offsetHeight&&0!==f.offsetWidth?b():a(),f.parentNode&&f.parentNode.removeChild(f)):a()},d)},g=function(l){document.body?h(document.body):0<l?r.setTimeout(function(){g(l-1)},e):b()};g(3)},oa=function(a){var b=document.createElement("div");b.className=a;b.style.width="1px";b.style.height="1px";b.style.position="absolute";b.style.left="-10000px";b.style.top="-10000px";b.style.zIndex="-10000";return b};var L=function(a){J.call(this,a)};q(L,J);var qa=function(a){J.call(this,a)};q(qa,J);var ra=function(a,b){this.l=a;this.m=new R(a.document);this.g=b;this.i=K(this.g,1);b=M(this.g,2);this.o=x(K(b,4)||"");this.h=!1;b=M(this.g,13);b=x(K(b,4)||"");this.j=new la(a.document,b,K(this.g,12))};ra.prototype.start=function(){sa(this)}; var sa=function(a){ta(a);S(a.m,a.o,3,!1,function(){a:{var b=a.i;var c=r.btoa(b);if(c=r[c]){try{var d=O(P,r.atob(c))}catch(e){b=!1;break a}b=b===K(d,1)}else b=!1}b?Z(a,K(a.g,14)):(Z(a,K(a.g,8)),V(a.j))},function(){pa(function(){Z(a,K(a.g,7));V(a.j)},function(){return Z(a,K(a.g,6))},K(a.g,9),K(a.g,10),K(a.g,11))})},Z=function(a,b){a.h||(a.h=!0,a=new a.l.XMLHttpRequest,a.open("GET",b,!0),a.send())},ta=function(a){var b=r.btoa(a.i);a.l[b]&&Z(a,K(a.g,5))};(function(a,b){r[a]=function(c){for(var d=[],e=0;e<arguments.length;++e)d[e-0]=arguments[e];r[a]=da;b.apply(null,d)}})("__h82AlnkH6D91__",function(a){"function"===typeof window.atob&&(new ra(window,O(qa,window.atob(a)))).start()});}).call(this); window.__h82AlnkH6D91__("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"); </script> <script src="/static/js/jquery_360.min.js?543516150322"></script> <script> // waitForTriggerHandler() is library for queuing up javascript to be stored and then executed when a trigger // function is called. You can push() any number of functions which will be stored unless and until trigger() // is called. Once trigger() is called any future functions that you push() in will be executed immediately. // It is safe to call .trigger() multiple times. Any arguments passed to .trigger() will also be passed along // to the associated function function waitForTriggerHandler() { var function_queue = []; var trigger_arguments = []; this._triggered = false; this.push = function(fn) { if (this._triggered) { // just run it immediately if handler has already been triggered fn.apply(null, trigger_arguments); } else { // otherwise add to the queue to run later function_queue.push(fn); } }; this.trigger = function() { // any arguments passed to trigger(foo, bar, baz) will also be passed along to functions in the queue // first convert any arguments to an array trigger_arguments = Array.prototype.slice.call(arguments); while (function_queue.length){ // for each function in the queue, pop it off and then execute it while passing in any // args that may have been passed to trigger(). function_queue.pop().apply(null, trigger_arguments); // The "null" above is for the value of "this". // See https://developer.mozilla.org/en-US/docs/Web/JavaScript/Reference/Global_Objects/Function/apply#Parameters } this._triggered = true; } } // set up waitToLoadAds handler window.waitToLoadAds = new waitForTriggerHandler(); // We set up the triggers for this below, they depend on whether we're loading lytics on the page </script> <script type="text/javascript"> // This token is here for test_lytics_snippet.py test: lytics-is-enabled window.googletag = window.googletag || {}; googletag.cmd = googletag.cmd || []; // initialize callback (source: https://learn.lytics.com/product-docs/lytics-javascript-tag/receiving-data-from-lytics) !function(){"use strict";var o=window.jstag||(window.jstag={}),r=[];function n(e){o[e]=function(){for(var n=arguments.length,t=new Array(n),i=0;i<n;i++)t[i]=arguments[i];r.push([e,t])}}n("send"),n("mock"),n("identify"),n("pageView"),n("unblock"),n("getid"),n("setid"),n("loadEntity"),n("getEntity"),n("on"),n("once"),n("call"),o.loadScript=function(n,t,i){var e=document.createElement("script");e.async=!0,e.src=n,e.onload=t,e.onerror=i;var o=document.getElementsByTagName("script")[0],r=o&&o.parentNode||document.head||document.body,c=o||r.lastChild;return null!=c?r.insertBefore(e,c):r.appendChild(e),this},o.init=function n(t){return this.config=t,this.loadScript(t.src,function(){if(o.init===n)throw new Error("Load error!");o.init(o.config),function(){for(var n=0;n<r.length;n++){var t=r[n][0],i=r[n][1];o[t].apply(o,i)}r=void 0}()}),this}}(); // custom init + lytics default install tag from https://activate.getlytics.com/connect?aid=2751 // see https://learn.lytics.com/understanding/product-docs/lytics-javascript-tag/configuration#configuration-options var lyticsCid = '44fda7674f94228540d8fba6786f9770'; console.log('You are using the Lytics Prod account'); jstag.init({ src: `https://c.lytics.io/api/tag/${lyticsCid}/latest.min.js`, pageAnalysis: { dataLayerPull: { disabled: true } } }); jstag.pageView(); (function(){ var sailthru_cookie, sailthru_user_id; function read_cookie(cookieName) { var re = new RegExp('[; ]'+cookieName+'=([^\\s;]*)'); var sMatch = (' '+document.cookie).match(re); if (cookieName && sMatch) return unescape(sMatch[1]); return ''; } sailthru_cookie = read_cookie('sailthru_hid'); if (sailthru_cookie.length > 56) { sailthru_user_id = sailthru_cookie.slice(32,56); jstag.send({ st_profile_id: sailthru_user_id }); } })(); jstag.call('entityReady', waitToLoadAds.trigger); setTimeout(waitToLoadAds.trigger, 1000); // also trigger lytics if it's taking too long waitToLoadAds.push(function (lytics_data) { // lytics_data won't be defined if lytics failed to load correctly. In that case // we don't need to set any segments. if (lytics_data && lytics_data.segments) { googletag.cmd.push(function() { googletag.pubads().setTargeting("LyticsSegments", lytics_data.segments); }); } }); function getUID(id) { window.dataLayer.push({'user_id': id}); }; jstag.getid(getUID); </script> <script type="text/javascript" src="/static/js/mailcheck.min.js?192616240919"></script> <script type="text/javascript" src="/static/js/dive_mailcheck.js?192616240919"></script> <script src="/static/js/app.js?262317060225"></script> <script type="text/javascript"> var divecounter_settings = {}; divecounter_settings.showSignupAd = true; </script> <script type="text/javascript" src="/static/js/divecounter.js?261616040423"></script> <script type="text/javascript"> // Special unbounce signup thing for google traffic. Test with ?test_unbounce in the URL // Note: divecounter must already be loaded. Only enabled on pages that would normally have signup ads // Note: showSignupAd is always off if prestitial is enabled! if ((typeof divecounter !== "undefined") && ($(window).width() > 640)) { var test_unbounce = (window.location.href.indexOf("?test_unbounce")>=0); var force_unbounce = (window.location.href.indexOf("signupbounce=1")>=0) || (window.location.href.indexOf("utm_campaign=Linked-HR")>=0) || (window.location.href.indexOf("utm_source=outbrain")>=0); if (test_unbounce || force_unbounce || (document.referrer.match(/^https?:\/\/(www\.google\.|news\.google\.|t\.co|twitter\.com|www\.facebook\.com)/i) && divecounter.getOption('showSignupAd') && divecounter.canShow(1,1)) ) { // dyanmically load ouibounce.js only on pages where its needed $.getScript("/static/js/ouibounce.min.js?102717100918", function(){ // Once ouibounce.js loads, call the script // We're reusing divecounter's modal instead of OuiBounce's modal code (that's why we pass it 'false') var _ouibounce = ouibounce(false, { aggressive: test_unbounce, // ignore cookie in test mode cookieName: '_viewedOuiBounce', // underscored cookies should be ignored by Varnish callback: function() { divecounter_open_ad(); } }); }); } // end should show unbounce } // end divecounter defined </script> <!-- Start VWO Async SmartCode --> <link rel="preconnect" href="https://dev.visualwebsiteoptimizer.com" /> <script type='text/javascript' data-cfasync="false" id='vwoCode'> window._vwo_code || (function() { var account_id=796876, version=2.0, settings_tolerance=2000, hide_element='body', hide_element_style = 'opacity:0 !important;filter:alpha(opacity=0) !important;background:none !important', /* DO NOT EDIT BELOW THIS LINE */ f=false,w=window,d=document,v=d.querySelector('#vwoCode'),cK='_vwo_'+account_id+'_settings',cc={};try{var c=JSON.parse(localStorage.getItem('_vwo_'+account_id+'_config'));cc=c&&typeof c==='object'?c:{}}catch(e){}var stT=cc.stT==='session'?w.sessionStorage:w.localStorage;code={use_existing_jquery:function(){return typeof use_existing_jquery!=='undefined'?use_existing_jquery:undefined},library_tolerance:function(){return typeof library_tolerance!=='undefined'?library_tolerance:undefined},settings_tolerance:function(){return cc.sT||settings_tolerance},hide_element_style:function(){return'{'+(cc.hES||hide_element_style)+'}'},hide_element:function(){return typeof cc.hE==='string'?cc.hE:hide_element},getVersion:function(){return version},finish:function(){if(!f){f=true;var e=d.getElementById('_vis_opt_path_hides');if(e)e.parentNode.removeChild(e)}},finished:function(){return f},load:function(e){var t=this.getSettings(),n=d.createElement('script'),i=this;if(t){n.textContent=t;d.getElementsByTagName('head')[0].appendChild(n);if(!w.VWO||VWO.caE){stT.removeItem(cK);i.load(e)}}else{n.fetchPriority='high';n.src=e;n.type='text/javascript';n.onerror=function(){_vwo_code.finish()};d.getElementsByTagName('head')[0].appendChild(n)}},getSettings:function(){try{var e=stT.getItem(cK);if(!e){return}e=JSON.parse(e);if(Date.now()>e.e){stT.removeItem(cK);return}return e.s}catch(e){return}},init:function(){if(d.URL.indexOf('__vwo_disable__')>-1)return;var e=this.settings_tolerance();w._vwo_settings_timer=setTimeout(function(){_vwo_code.finish();stT.removeItem(cK)},e);var t=d.currentScript,n=d.createElement('style'),i=this.hide_element(),r=t&&!t.async&&i?i+this.hide_element_style():'',c=d.getElementsByTagName('head')[0];n.setAttribute('id','_vis_opt_path_hides');v&&n.setAttribute('nonce',v.nonce);n.setAttribute('type','text/css');if(n.styleSheet)n.styleSheet.cssText=r;else n.appendChild(d.createTextNode(r));c.appendChild(n);this.load('https://dev.visualwebsiteoptimizer.com/j.php?a='+account_id+'&u='+encodeURIComponent(d.URL)+'&vn='+version)}};w._vwo_code=code;code.init();})(); </script> <!-- End VWO Async SmartCode --> <script type="text/javascript"> function read_cookie(cookieName) { var re = new RegExp('[; ]'+cookieName+'=([^\\s;]*)'); var sMatch = (' '+document.cookie).match(re); if (cookieName && sMatch) return unescape(sMatch[1]); return ''; } var script = document.createElement('script'); script.type = 'text/javascript'; script.async = true; script.addEventListener('load', function(e) { // we only pass the template this context variable on newsposts let informaData = false; informaData = {"canonicalUrl": "https://www.bankingdive.com/news/us-bank-capital-markets-wealth-corporate-trust-philipson/733998/", "pageIsSponsored": false, "pageSponsor": "", "contentAuthor": "Caitlin Mullen", "contentPubDate": "2024-11-26 08:16:40", "pageID": "newspost 733998", "pageTitle": "U.S. Bank bets on capital markets boost", "pageType": "article", "primaryTerm": "Commercial, Technology", "secondaryTerm": "Operations"}; if (window.IIRISTracker) { var sailthru_id = read_cookie('sailthru_hid'); if (sailthru_id.length > 56) { sailthru_id = sailthru_id.slice(32,56); } var notProduction = 'False' === 'True'; var domain = 'www.bankingdive.com'.split('.')[1]; // on non-prod environment, there is specific collector domain to send the data to. var cDomain = notProduction ? 'com-informa-prod1.mini.snplow.net' : 'c.' + domain + '.com' // removed .com previous line var cfg = { config: { td: {}, snowplow: { context: {} } } }; cfg.config.idsource = 'sailthruid'; cfg.config.snowplow.appId = domain; cfg.config.snowplow.cDomain = cDomain; cfg.config.td.lob = 'it'; cfg.config.td.domain = domain; cfg.config.snowplow.contentTagEnabled = !!informaData cfg.config.snowplow.context = informaData window.IIRISTracker.initConfig(cfg); window.IIRISTracker.setTrackingUID(sailthru_id); var irisEvt = new Event('trackerLoaded'); window.dispatchEvent(irisEvt); } else { window.addEventListener('trackerLoaded', function(evt) { if(window.IIRISTracker) { window.IIRISTracker.setTrackingUID(sailthru_id); } }); } }); script.src = 'https://static.iris.informa.com/widgets/v3.0/iris-t.js'; document.getElementsByTagName('head')[0].appendChild(script); </script> <script type="text/javascript"> jQuery.browser = {}; (function () { jQuery.browser.msie = false; jQuery.browser.version = 0; if (navigator.userAgent.match(/MSIE ([0-9]+)\./)) { jQuery.browser.msie = true; jQuery.browser.version = RegExp.$1; } })(); </script> <!-- for modal signup form --> <script type="text/javascript" src="/static/js/jquery.simplemodal.divefork.min.js?093716120922"></script> <style> /* dynamic style overrides based on DB go here*/ </style> <meta name="sailthru.title" content="U.S. Bank bets on capital markets boost" /> <meta name="sailthru.post_type" content="Article" /> <meta name="sailthru.dive_awards" content="False" /> <meta name="sailthru.post_updated" content="False" /> <meta name="lytics:topics" content="Operations, Technology, Commercial" /> <meta name="robots" content="max-image-preview:large"> <meta name="news_keywords" content="Commercial,commercial,Technology,technology"/> <script type="text/javascript"> /** Stolen from http://stackoverflow.com/questions/24816/escaping-html-strings-with-jquery **/ $(document).ready(function () { //"Tweet this" pullquote sections // This is used in the processing of 'tweet this' pull quotes function escapeHtml(string) { var entityMap = { "&": "&", "<": "<", ">": ">", '"': '"', "'": ''', "/": '/' }; return String(string).replace(/[&<>"'\/]/g, function (s) { return entityMap[s]; }); } // Process the twitter pullquote sections: // * create the link // * create the text ('tweet this quote') for the link $(".pquote").each(function (index) { var j_words; if ($(this).data('twitter-text') != 'undefined') { j_words = $(this).children('.tweetwords').first(); } else { j_words = $(this).data('twitter-text'); } var j_replace = $(this).children('.tweetquote').first(); var clean_text = escapeHtml(j_words.text()); var link_attributes = 'href="https://twitter.com/intent/tweet?text=' + clean_text + '%20https%3A//www.bankingdive.com/news/us-bank-capital-markets-wealth-corporate-trust-philipson/733998/' + '" class="popup button twitter" data-sharebutton="tweet_quote" data-shareusing="twitter"'; var img = '<img src="/static/img/social_icons/twitter-follow-icon.png?102717100918" alt="Share on Twitter" loading="lazy">'; var link = '<a ' + link_attributes + '>Tweet this quote' + img + '</a>'; j_replace.html(link); }); }); </script> <script type="module" src="/static/js/dist/signupReferrer.bundle.js?325815190225" ></script> <script data-cfasync="false" type="text/javascript" src="/static/js/prestitial.js?270116210524"></script> <script async src="https://securepubads.g.doubleclick.net/tag/js/gpt.js"></script> <script src="/static/js/dist/signupDataGam.bundle.js?325815190225"></script> <script type="text/javascript" src="/static/js/dist/adTemplates.bundle.js?325815190225"></script> <script> var eventMethod = window.addEventListener ? "addEventListener" : "attachEvent"; var eventer = window[eventMethod]; var messageEvent = eventMethod == "attachEvent" ? "onmessage" : "message"; // Build the site_logos object to be later referenced in house ads const site_logos = {}; site_logos['diveapi'] = { domain: 'diveapi', site_name: "API Site", alt_text: "API Site logo", is_current_site: false, white: { png: "None", svg: "None", }, black: { png: "None", svg: "None", } }; site_logos['agriculturedive'] = { domain: 'agriculturedive', site_name: "Agriculture Dive", alt_text: "Agriculture Dive logo", is_current_site: false, white: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/agriculture_white.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/agriculture_white.svg", }, black: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/agriculture_black.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/agriculture_black.svg", } }; site_logos['automotivedive'] = { domain: 'automotivedive', site_name: "Automotive Dive", alt_text: "Automotive Dive logo", is_current_site: false, white: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/automotive_white.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/automotive_white.svg", }, black: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/automotive_black.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/automotive_black.svg", } }; site_logos['bankingdive'] = { domain: 'bankingdive', site_name: "Banking Dive", alt_text: "Banking Dive logo", is_current_site: true, white: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/banking_white.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/banking_white.svg", }, black: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/banking_black.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/banking_black.svg", } }; site_logos['biopharmadive'] = { domain: 'biopharmadive', site_name: "BioPharma Dive", alt_text: "BioPharma Dive logo", is_current_site: false, white: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/biopharma_white.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/biopharma_white.svg", }, black: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/biopharma_black.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/biopharma_black.svg", } }; site_logos['cfo'] = { domain: 'cfo', site_name: "CFO.com", alt_text: "CFO.com logo", is_current_site: false, white: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/cfodotcom_white.svg", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/cfodotcom_white.svg", }, black: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/cfodotcom_black.svg", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/cfodotcom_black.svg", } }; site_logos['cfodive'] = { domain: 'cfodive', site_name: "CFO Dive", alt_text: "CFO Dive logo", is_current_site: false, white: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/cfo_white.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/cfo_white.svg", }, black: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/cfo_black.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/cfo_black.svg", } }; site_logos['ciodive'] = { domain: 'ciodive', site_name: "CIO Dive", alt_text: "CIO Dive logo", is_current_site: false, white: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/cio_white.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/cio_white.svg", }, black: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/cio_black.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/cio_black.svg", } }; site_logos['constructiondive'] = { domain: 'constructiondive', site_name: "Construction Dive", alt_text: "Construction Dive logo", is_current_site: false, white: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/construction_white.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/construction_white.svg", }, black: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/construction_black.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/construction_black.svg", } }; site_logos['cstoredive'] = { domain: 'cstoredive', site_name: "C-Store Dive", alt_text: "C-Store Dive logo", is_current_site: false, white: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/cstore_white.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/cstore_white.svg", }, black: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/cstore_black.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/cstore_black.svg", } }; site_logos['customerexperiencedive'] = { domain: 'customerexperiencedive', site_name: "CX Dive", alt_text: "CX Dive logo", is_current_site: false, white: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/cx_white.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/cx_white.svg", }, black: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/cx_black.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/cx_black.svg", } }; site_logos['cybersecuritydive'] = { domain: 'cybersecuritydive', site_name: "Cybersecurity Dive", alt_text: "Cybersecurity Dive logo", is_current_site: false, white: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/cybersecurity_white.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/cybersecurity_white.svg", }, black: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/cybersecurity_black.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/cybersecurity_black.svg", } }; site_logos['educationdive'] = { domain: 'educationdive', site_name: "Education Dive", alt_text: "Education Dive logo", is_current_site: false, white: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/education_white.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/education_white.svg", }, black: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/education_black.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/education_black.svg", } }; site_logos['esgdive'] = { domain: 'esgdive', site_name: "ESG Dive", alt_text: "ESG Dive logo", is_current_site: false, white: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/esg_white.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/esg_white.svg", }, black: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/esg_black.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/esg_black.svg", } }; site_logos['facilitiesdive'] = { domain: 'facilitiesdive', site_name: "Facilities Dive", alt_text: "Facilities Dive logo", is_current_site: false, white: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/facilities_white.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/facilities_white.svg", }, black: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/facilities_black.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/facilities_black.svg", } }; site_logos['fashiondive'] = { domain: 'fashiondive', site_name: "Fashion Dive", alt_text: "Fashion Dive logo", is_current_site: false, white: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/fashion_white.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/fashion_white.svg", }, black: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/fashion_black.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/fashion_black.svg", } }; site_logos['fooddive'] = { domain: 'fooddive', site_name: "Food Dive", alt_text: "Food Dive logo", is_current_site: false, white: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/food_white.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/food_white.svg", }, black: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/food_black.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/food_black.svg", } }; site_logos['grocerydive'] = { domain: 'grocerydive', site_name: "Grocery Dive", alt_text: "Grocery Dive logo", is_current_site: false, white: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/grocery_white.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/grocery_white.svg", }, black: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/grocery_black.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/grocery_black.svg", } }; site_logos['healthcaredive'] = { domain: 'healthcaredive', site_name: "Healthcare Dive", alt_text: "Healthcare Dive logo", is_current_site: false, white: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/healthcare_white.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/healthcare_white.svg", }, black: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/healthcare_black.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/healthcare_black.svg", } }; site_logos['highereddive'] = { domain: 'highereddive', site_name: "Higher Ed Dive", alt_text: "Higher Ed Dive logo", is_current_site: false, white: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/highered_white.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/highered_white.svg", }, black: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/highered_black.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/highered_black.svg", } }; site_logos['hoteldive'] = { domain: 'hoteldive', site_name: "Hotel Dive", alt_text: "Hotel Dive logo", is_current_site: false, white: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/hotel_white.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/hotel_white.svg", }, black: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/hotel_black.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/hotel_black.svg", } }; site_logos['hrdive'] = { domain: 'hrdive', site_name: "HR Dive", alt_text: "HR Dive logo", is_current_site: false, white: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/hr_white.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/hr_white.svg", }, black: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/hr_black.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/hr_black.svg", } }; site_logos['k12dive'] = { domain: 'k12dive', site_name: "K-12 Dive", alt_text: "K-12 Dive logo", is_current_site: false, white: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/k12_white.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/k12_white.svg", }, black: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/k12_black.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/k12_black.svg", } }; site_logos['legaldive'] = { domain: 'legaldive', site_name: "Legal Dive", alt_text: "Legal Dive logo", is_current_site: false, white: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/legal_white.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/legal_white.svg", }, black: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/legal_black.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/legal_black.svg", } }; site_logos['manufacturingdive'] = { domain: 'manufacturingdive', site_name: "Manufacturing Dive", alt_text: "Manufacturing Dive logo", is_current_site: false, white: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/manufacturing_white.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/manufacturing_white.svg", }, black: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/manufacturing_black.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/manufacturing_black.svg", } }; site_logos['marketingdive'] = { domain: 'marketingdive', site_name: "Marketing Dive", alt_text: "Marketing Dive logo", is_current_site: false, white: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/marketing_white.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/marketing_white.svg", }, black: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/marketing_black.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/marketing_black.svg", } }; site_logos['medtechdive'] = { domain: 'medtechdive', site_name: "MedTech Dive", alt_text: "MedTech Dive logo", is_current_site: false, white: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/medtech_white.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/medtech_white.svg", }, black: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/medtech_black.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/medtech_black.svg", } }; site_logos['mobilemarketer'] = { domain: 'mobilemarketer', site_name: "Mobile Marketer", alt_text: "Mobile Marketer logo", is_current_site: false, white: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/mobilemarketer_white.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/mobilemarketer_white.svg", }, black: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/mobilemarketer_black.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/mobilemarketer_black.svg", } }; site_logos['multifamilydive'] = { domain: 'multifamilydive', site_name: "Multifamily Dive", alt_text: "Multifamily Dive logo", is_current_site: false, white: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/multifamily_white.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/multifamily_white.svg", }, black: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/multifamily_black.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/multifamily_black.svg", } }; site_logos['packagingdive'] = { domain: 'packagingdive', site_name: "Packaging Dive", alt_text: "Packaging Dive logo", is_current_site: false, white: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/packaging_white.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/packaging_white.svg", }, black: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/packaging_black.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/packaging_black.svg", } }; site_logos['paymentsdive'] = { domain: 'paymentsdive', site_name: "Payments Dive", alt_text: "Payments Dive logo", is_current_site: false, white: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/payments_white.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/payments_white.svg", }, black: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/payments_black.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/payments_black.svg", } }; site_logos['pharmavoice'] = { domain: 'pharmavoice', site_name: "PharmaVoice", alt_text: "PharmaVoice logo", is_current_site: false, white: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/pharmavoice_white.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/pharmavoice_white.svg", }, black: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/pharmavoice_black.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/pharmavoice_black.svg", } }; site_logos['proformative'] = { domain: 'proformative', site_name: "Proformative", alt_text: "Proformative logo", is_current_site: false, white: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/proformative_white.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/proformative_white.svg", }, black: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/proformative_black.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/proformative_black.svg", } }; site_logos['restaurantdive'] = { domain: 'restaurantdive', site_name: "Restaurant Dive", alt_text: "Restaurant Dive logo", is_current_site: false, white: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/restaurant_white.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/restaurant_white.svg", }, black: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/restaurant_black.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/restaurant_black.svg", } }; site_logos['retaildive'] = { domain: 'retaildive', site_name: "Retail Dive", alt_text: "Retail Dive logo", is_current_site: false, white: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/retail_white.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/retail_white.svg", }, black: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/retail_black.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/retail_black.svg", } }; site_logos['smartcitiesdive'] = { domain: 'smartcitiesdive', site_name: "Smart Cities Dive", alt_text: "Smart Cities Dive logo", is_current_site: false, white: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/smartcities_white.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/smartcities_white.svg", }, black: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/smartcities_black.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/smartcities_black.svg", } }; site_logos['socialmediatoday'] = { domain: 'socialmediatoday', site_name: "Social Media Today", alt_text: "Social Media Today logo", is_current_site: false, white: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/smt_white.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/smt_white.svg", }, black: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/smt_color.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/smt_color.svg", } }; site_logos['supplychaindive'] = { domain: 'supplychaindive', site_name: "Supply Chain Dive", alt_text: "Supply Chain Dive logo", is_current_site: false, white: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/supplychain_white.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/supplychain_white.svg", }, black: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/supplychain_black.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/supplychain_black.svg", } }; site_logos['truckingdive'] = { domain: 'truckingdive', site_name: "Trucking Dive", alt_text: "Trucking Dive logo", is_current_site: false, white: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/trucking_white.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/trucking_white.svg", }, black: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/trucking_black.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/trucking_black.svg", } }; site_logos['utilitydive'] = { domain: 'utilitydive', site_name: "Utility Dive", alt_text: "Utility Dive logo", is_current_site: false, white: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/utility_white.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/utility_white.svg", }, black: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/utility_black.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/utility_black.svg", } }; site_logos['wastedive'] = { domain: 'wastedive', site_name: "Waste Dive", alt_text: "Waste Dive logo", is_current_site: false, white: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/waste_white.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/waste_white.svg", }, black: { png: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/waste_black.png", svg: "https://d12v9rtnomnebu.cloudfront.net/logo/publications/waste_black.svg", } }; // Get the dive domain and return the dive logo object, or null if it doesn't exist in site_logos function getDivesiteLogoObject(link_url, alt_domain='') { let dive_domain; // Split link URL on 'adurl=' and take what comes after as the ad url const ad_url = decodeURIComponent(link_url.split('adurl=')[1]); // Split on . to get an array of hostname segments const dive_domain_array = new URL(ad_url).hostname.split('.'); // Retrieve the second to last element of the hostname array, which should always be the domain dive_domain = dive_domain_array[dive_domain_array.length - 2] if (alt_domain) { // If alt_domain has been specified, normalize it. i.e. "HR Dive", "http://hrdive.com", etc. => "hrdive" // This will override the link url's domain. dive_domain = alt_domain.replace(/\s+/g, '').replace(/^(https?:\/\/)?(www\.)?|\.com.*|\?.*|#.*/gi, '').toLowerCase(); } // Return the site logos object for this domain if it exists, or null if it does not if (site_logos[dive_domain]) { return site_logos[dive_domain]; } else { // Fallback logo const url_prefix = "https://d12v9rtnomnebu.cloudfront.net/divesite/responsive_ad_assets/small_logos/"; return { domain: 'industrydive', site_name: 'Industry Dive', alt_text: 'Industry Dive logo', white: { svg: url_prefix + 'industrydive-small-white.svg', png: url_prefix + 'industrydive-small-white.png', }, black: { svg: url_prefix + 'industrydive-small-black.svg', png: url_prefix + 'industrydive-small-black.png', } } } } eventer(messageEvent, function (e) { var key = e.message ? "message" : "data"; var data = e[key]; var eventName = data.message || 'ignore'; if (eventName == 'adContentAvailable') { var $ad_element; $ad_element = $('div').filter('[data-container-ad-unit-id="' + data.adUnit + '-' + window.dfp_visibility + '"]'); $ad_element.hide() var nativeAdEditorialSelector = '.sidebar .hybrid-ad-wrapper .native-ad-editorial'; var nativeAdEditorialExists = $(nativeAdEditorialSelector).length > 0; if ( nativeAdEditorialExists ) { $(nativeAdEditorialSelector).closest('.hybrid-ad-wrapper').addClass('native-ad-editorial-sidebar-border'); } // Inline homepage ad $('.feed-item-ad .hybrid-ad-wrapper a').each(function (index, element) { window.updateGamAdUrl(element, 'inline'); }); // Editorial native ad sidebar // NOTE: must go before inline native ad to ensure correct location added $('.sidebar .native-ad.editorial a').each(function (index, element) { window.updateGamAdUrl(element, 'sidebar'); }); // Editorial native ad inline $('.native-ad.editorial a').each(function (index, element) { window.updateGamAdUrl(element, 'inline'); }); // Sidebar ad $('.sidebar .hybrid-ad-wrapper a').each(function (index, element) { window.updateGamAdUrl(element, 'sidebar'); }); } }, false); var googletag = googletag || {}; googletag.cmd = googletag.cmd || []; googletag.cmd.push(function () { var desktopWidth = 1024; if (window.innerWidth >= desktopWidth) { window.dfp_visibility = 'desktop'; } else { window.dfp_visibility = 'mobile'; } var dfpDisplayConfiguration = { "prestitialEnabled": true, "leaderboardEnabled": true, "sidebarAdsEnabled": true, "visibility": window.dfp_visibility }; if (window.dfp_visibility == 'desktop') { if (typeof prestitialAds == 'object' && prestitialAds.pageIsPrestitialEligible()) { googletag.defineSlot('/21662595662/bankingdive/bankingdiveprestitial', [[500, 300], [640, 480]], 'paychekgoeshere').addService(googletag.pubads()); } if (dfpDisplayConfiguration.leaderboardEnabled) { googletag.defineSlot('/21662595662/bankingdive/bankingdiveleaderboard', [[970, 180], [728, 90], [970, 90]], 'dfp-leaderboard-desktop').addService(googletag.pubads()); googletag.pubads().addEventListener('slotRenderEnded', function (event) { if ((event.slot.getAdUnitPath() === '/21662595662/bankingdive/bankingdiveleaderboard' || event.slot.getAdUnitPath() === '/21662595662/bankingdive/bankingdiveleaderboard') && !event.isEmpty ) { $(window).blur(function () { if (document.activeElement === $('#dfp-leaderboard-desktop iframe')[0] || document.activeElement === $('#dfp-leaderboard-desktop iframe')[0]) { try { localStorage.setItem('leaderboard_signup_path', document.location.pathname); } catch (e) { // local storage could not be available due to privacy settings or something } } }); } }); } if (dfpDisplayConfiguration.sidebarAdsEnabled) { googletag.defineSlot('/21662595662/bankingdive/bankingdivehybrid1', [[300, 250], 'fluid', [160, 600]], 'dfp-hybrid1-desktop').addService(googletag.pubads()); } googletag.defineSlot('/21662595662/bankingdive/bankingdivehybrid2', [[300, 250], 'fluid'], 'dfp-hybrid2-desktop').addService(googletag.pubads()); googletag.defineSlot('/21662595662/bankingdive/bankingdivehybrid3', [[300, 250], 'fluid'], 'dfp-hybrid3-desktop').addService(googletag.pubads()); googletag.defineSlot('/21662595662/bankingdive/bankingdivehybrid4', [[300, 250], 'fluid'], 'dfp-hybrid4-desktop').addService(googletag.pubads()); googletag.defineSlot('/21662595662/bankingdive/bankingdivethankyouhybrid1', ['fluid'], 'dfp-thankyouhybrid1-desktop').addService(googletag.pubads()); googletag.defineSlot('/21662595662/bankingdive/bankingdivethankyouhybrid2', ['fluid'], 'dfp-thankyouhybrid2-desktop').addService(googletag.pubads()); } else { googletag.defineSlot('/21662595662/bankingdive/bankingdivehybrid1', [[300, 250], 'fluid'], 'dfp-hybrid1-mobile').addService(googletag.pubads()); googletag.defineSlot('/21662595662/bankingdive/bankingdivehybrid2', [[300, 250], 'fluid'], 'dfp-hybrid2-mobile').addService(googletag.pubads()); googletag.defineSlot('/21662595662/bankingdive/bankingdivehybrid3', [[300, 250], 'fluid'], 'dfp-hybrid3-mobile').addService(googletag.pubads()); googletag.defineSlot('/21662595662/bankingdive/bankingdivehybrid4', [[300, 250], 'fluid'], 'dfp-hybrid4-mobile').addService(googletag.pubads()); googletag.defineSlot('/21662595662/bankingdive/bankingdivethankyouhybrid1', ['fluid'], 'dfp-thankyouhybrid1-mobile').addService(googletag.pubads()); googletag.defineSlot('/21662595662/bankingdive/bankingdivethankyouhybrid2', ['fluid'], 'dfp-thankyouhybrid2-mobile').addService(googletag.pubads()); } googletag.pubads().setTargeting("topics", ["Commercial","commercial","Technology","technology"]); googletag.pubads().setTargeting("tags", ["banking-tag-operations"]); if ((typeof divecounter !== "undefined") && (divecounter.getData().is_subscriber)) { googletag.pubads().setTargeting("is_subscriber", "yes"); } var site = window.location.host; googletag.pubads().setTargeting("site", site); var first_path = window.location.pathname.split( '/' )[1]; googletag.pubads().setTargeting("first_path", first_path); googletag.pubads().setTargeting("newspost_type", "Article"); googletag.pubads().setTargeting("articleID", "733998"); googletag.pubads().setTargeting("slug", "us bank capital markets wealth corporate trust philipson"); googletag.pubads().setTargeting("is_sponsored", "false" ); // Don't show skyscraper ads on full-width articles googletag.pubads().setTargeting("show_skyscraper", "true"); // Set ad targeting on the trendline to show the ads designated for it var isTopicPage = window.location.pathname.indexOf('/topic/') !== -1; if(isTopicPage) { googletag.pubads().setTargeting('is_topics_page', 'true'); } googletag.pubads().setCentering(true); googletag.pubads().collapseEmptyDivs(false); // Whether to collapse the slots even before the ads are fetched. googletag.pubads().enableSingleRequest(); googletag.enableServices(); }); </script> <script>window.fallbackAds = '[{\u0022adType\u0022: \u0022editorial_native_ad\u0022, \u0022link\u0022: \u0022/trendline/artificial\u002Dintelligence/418/?utm_source\u003DBD\u0026utm_medium\u003DNativeFB\u0026utm_campaign\u003DTrendlineFB\u0022, \u0022label\u0022: \u0022Trendline\u0022, \u0022image\u0022: \u0022https://imgproxy.divecdn.com/bCjWnnA1VVA_RqNS20TveXoUBhyrbnkaP0aKSYB3\u002Dmo/g:ce/rs:fit:212:100/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9BSV9wcm9jZXNzb3IuanBn.webp\u0022, \u0022attribution\u0022: \u0022\u0022, \u0022headline\u0022: \u0022The growing use of AI in banking\u0022, \u0022ctaText\u0022: \u0022Access now\u0022, \u0022description\u0022: \u0022Banks are enthusiastic about AI\u005Cu2019s promises. But can they get customers on board, and will regulators let the innovation happen?\u0022}, {\u0022adType\u0022: \u0022editorial_native_ad\u0022, \u0022link\u0022: \u0022/trendline/fraud\u002Dand\u002Daml\u002Din\u002Dbanking/146/?utm_source\u003DBD\u0026utm_medium\u003DNativeFB\u0026utm_campaign\u003DTrendlineFB\u0022, \u0022label\u0022: \u0022Trendline\u0022, \u0022image\u0022: \u0022https://imgproxy.divecdn.com/uP19CzdqKiAs3AEZLU\u002Dbd2Kc0xgYt4aypo77mdv88Nc/g:ce/rs:fit:212:100/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS82MzU1MjIwODM5Xzk4MmIxMjYzZDVfYi5qcGc\u003D.webp\u0022, \u0022attribution\u0022: \u0022Flickr\u003B 401(K) 2012\u0022, \u0022headline\u0022: \u0022The state of fraud and AML in banking\u0022, \u0022ctaText\u0022: \u0022Access now\u0022, \u0022description\u0022: \u0022The past year has been one of reckoning with regard to fraud\u005Cu00a0\u005Cu2014 from TD\u005Cu2019s $3 billion AML penalty to the continuing punitive phase connected to PPP misdeeds, crypto bankruptcies and pig butchering.\u0022}, {\u0022adType\u0022: \u0022editorial_native_ad\u0022, \u0022link\u0022: \u0022/trendline/customer\u002Dservice/95/?utm_source\u003DBD\u0026utm_medium\u003DNativeFB\u0026utm_campaign\u003DTrendlineFB\u0022, \u0022label\u0022: \u0022Trendline\u0022, \u0022image\u0022: \u0022https://imgproxy.divecdn.com/74Mal1jQ962AQU\u002DCws5dqnsv5CajuTB4rrytz1j79Eo/g:ce/rs:fit:212:100/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9fM0pDMTEyMS5qcGc\u003D.webp\u0022, \u0022attribution\u0022: \u0022\u0022, \u0022headline\u0022: \u0022Creating winning customer service in the banking industry\u0022, \u0022ctaText\u0022: \u0022Access now\u0022, \u0022description\u0022: \u0022Banks and fintechs have a choice when looking to grow: Identify a new customer segment and expand services, or drill down and better serve the clients they have.\u0022}]'</script> <script type="module" src="/static/js/dist/onBoardDiagnostics.bundle.js?325815190225" ></script> <!-- NEW RELIC SYNTHETICS CANARY --> <!-- script for informa/techtarget banner --> <script src="https://d12v9rtnomnebu.cloudfront.net/informa_banner/techtarget-informa-banner.min.js"></script> </head> <body class=" flush-top article-page news topic- commercial topic- technology "> <techtarget-informa-banner theme="light" language="en" class="no-print"></techtarget-informa-banner> <!-- Accessibility skip-nav link --> <a href="#skip-link-target" class="button button--loud skip-nav-link" tabindex="1">Skip to main content</a> <!-- Google Tag Manager (noscript) --> <noscript><iframe src="https://www.googletagmanager.com/ns.html?id=GTM-55G8WRR" height="0" width="0" style="display:none;visibility:hidden"> </iframe></noscript> <!-- End Google Tag Manager (noscript) --> <div id="prestitial-init" style="display: none;" class="prestitial-init"></div> <div id="prestitial-outer" class="prestitial content-overlay" style="display:none;"> <section class="site-menu" aria-label="Site menu"> <div class="site-menu-inner"> <img src="https://d12v9rtnomnebu.cloudfront.net/logo/publications/banking_black.svg" alt="Banking Dive" class="pub-logo"> </div> </section> <section class="paychek-page-wrapper row"> <div class="paychek-button large-4 large-push-8 columns"> <div> CONTINUE TO SITE ➞ </div> </div> <div class="paychek large-8 large-pull-4 columns"> <div id="paychekgoeshere"></div> <script data-cfasync="false" type="text/javascript"> if (typeof prestitialAds !== 'undefined' && prestitialAds.pageIsPrestitialEligible()) { prestitialAds.showOverlay(); } </script> <script type="text/javascript"> if (typeof prestitialAds !== 'undefined' && prestitialAds.pageIsPrestitialEligible()) { prestitialAds.initialize(7); prestitialAds.setPrestitialPossibleCookie(); var prestitial_ad_is_loaded = false; var prestitial_ad_is_empty = false; googletag.cmd.push(function () { googletag.pubads().addEventListener('slotRenderEnded', function (event) { if (event.slot.getAdUnitPath() == '/21662595662/bankingdive/bankingdiveprestitial') { if (event.isEmpty || prestitialAds.testingNoAd()) { prestitial_ad_is_empty = true; prestitialAds.closePrestitial(); } else { prestitial_ad_is_loaded = true; $.modal.close(); $('div#prestitial-init').hide(); // hide the all white overlay prestitialAds.setCookie( "_prestitialViewed", (new Date()).getTime(), prestitialAds.daysBetweenPrestitial ); } } }); }); if (prestitialAds.testingNoAd()) { } else { waitToLoadAds.push(function() { googletag.cmd.push(function () { googletag.display('paychekgoeshere'); }); }); } setTimeout( function () { if (!prestitial_ad_is_loaded && !prestitialAds.overrideTimeout()) { if (!prestitial_ad_is_empty) { // if the prestitial is already hidden, then don't hide it again. if (!prestitialAds.prestitialAdIsClosed()) { prestitialAds.closePrestitial(); prestitialAds.logClosePrestitialAdBy('failed'); } } } else if (!prestitialAds.overrideTimeout()) { setTimeout( function () { // if the prestitial is already hidden, then don't hide it again. if (!prestitialAds.prestitialAdIsClosed()) { prestitialAds.closePrestitial(); prestitialAds.logClosePrestitialAdBy('timeout'); } }, prestitialAds.timeoutSeconds() ); } else { } }, 2900 ); prestitialAds.sentPrestitialEligibleEvent(); } else if (typeof prestitialAds !== 'undefined' && !prestitialAds.pageIsPrestitialEligible()){ prestitialAds.closePrestitial(); } </script> </div> </section> </div> <div id="signup-inter" class="modal_dialog" style="display:none;"> <form id="signup-inter-form" class="form-basic" name="signup-inter-form" action="/signup/" method="POST"> <input type="hidden" name="signup_box_location" value="interstitial"> <input type="hidden" name="signup_initial_url_path" value=""> <h1> Don't miss tomorrow's banking industry news </h1> <p class="interstitial-text"> Let Banking Dive's free newsletter keep you informed, straight from your inbox. </p> <p class="form-error__message" id="interstitial-error"></p> <div id="form-interstitial"> <input type="email" name="email" placeholder="Work email address" class="email" required id="id_bf4a39_email"> <div id="newsletter-list-section"> <ul id="id_bf4a39_site_newsletters" class="list-no-bullets"> <li><label for="id_bf4a39_site_newsletters_0"><input type="checkbox" name="site_newsletters" value="760" class="list-no-bullets" id="id_bf4a39_site_newsletters_0"> Daily Dive <span class="secondary-label">M-F</span></label> </li> <li><label for="id_bf4a39_site_newsletters_1"><input type="checkbox" name="site_newsletters" value="3172" class="list-no-bullets" id="id_bf4a39_site_newsletters_1"> Fintech Weekly <span class="secondary-label">Every Wednesday</span></label> </li> </ul> </div> <div id="interstitial-consent-container"> <input name="user_consent" value="1" id="id_user_consent" type="checkbox"> <span> By signing up to receive our newsletter, you agree to our <a href="https://www.techtarget.com/terms-of-use/" target="_blank">Terms of Use</a> and <a href="https://www.techtarget.com/privacy-policy/" target="_blank">Privacy Policy</a>. You can unsubscribe at anytime. </span> </div> </div> <input id="signup-inter-submit" class="email_submit submit button" type="submit" data-role="none" value="Subscribe today"> </form> </div> <!-- leaderboard --> <div class="leaderboard-wrap"> <div class="hide-small show-large"> <div data-container-ad-unit-id="/21662595662/bankingdive/bankingdiveleaderboard-desktop"></div> <div id='dfp-leaderboard-desktop' style="min-height: 90px"> <script> waitToLoadAds.push(function() { googletag.cmd.push(function() { if (window.dfp_visibility == 'desktop') { googletag.display('dfp-leaderboard-desktop'); } }) }); </script> </div> </div> </div> <div class="page-container"> <header role="banner"> <nav id="top" class="site-menu" aria-label="Site menu"> <div class="site-menu-inner"> <!-- logo --> <div class="pub-logo-wrapper"> <a href="/" class="analytics t-dash-navigation"> <img class="pub-logo" src="https://d12v9rtnomnebu.cloudfront.net/logo/publications/banking_black.svg" alt="Banking Dive" height="28"> </a> </div> <!-- desktop menu, not visible on mobile/tablet --> <div class="menu-content-wrapper"> <ul class="desktop-menu-main"> <li> <a href="/deep-dive/" class="nav-menu-item analytics t-deepdive-navigation">Deep Dive</a> </li> <li> <a href="/opinion/" class="nav-menu-item analytics t-opinion-navigation">Opinion</a> </li> <li> <a href="/library/" class="nav-menu-item analytics t-library-navigation">Library</a> </li> <li> <a href="/events/" class="nav-menu-item analytics t-events-navigation">Events</a> </li> <li> <a href="/press-release/" class="nav-menu-item analytics t-press-releases-navigation">Press Releases</a> </li> <li class="topics top-nav-dropdown-item"> <button class="nav-menu-item topics-dropdown-item"> Topics <span class="dropdown-toggle-arrow"></span> </button> </li> </ul> <!-- mobile menu toggle icon, not visible on desktop --> <a href="/signup/?signup_location=header" class="nav-menu-item nav-signup-button mobile-nav-signup-button analytics t-signup-navigation button"> Sign up </a> <button class="mobile-menu-toggle"> <img src="/static/img/menu_icons/menu.svg?273117231121" alt="menu" loading="lazy"> </button> <!-- newsletter and search, only shown on desktop --> <ul class="desktop-menu-sub list-no-bullets"> <li> <button class="search-toggle search-button-front analytics t-search-navigation-top"> <img src="/static/img/menu_icons/search.svg?320116291121" alt="search" width="16" height="16" loading="lazy"> <span class="sub-link">Search</span> </button> </li> <li> <a href="/signup/?signup_location=header" class="nav-menu-item nav-signup-button desktop-nav-signup-button analytics t-signup-navigation button"> <img src="/static/img/email_icons/mail.svg?273117231121" width="16" height="11" loading="lazy" alt=""> Sign up </a> </li> </ul> </div> </div> </nav> </header> <div class="menu-search js-search-hide"> <div class="menu-search-inner-wrapper row"> <form action="/search/" method="GET" data-ajax="false"> <label for="search-desktop"> <span class="screen-reader-text search">Search</span> </label> <input id="search-desktop" type="search" name="q" placeholder="Search" data-role="none"> <button type="submit" value="" data-role="none" class="search-button-front analytics t-search-navigation-drawer"> <img src="/static/img/menu_icons/search.svg?320116291121" alt="search" height="16" width="16" loading="lazy"> </button> <img class="close" src="/static/img/menu_icons/close.svg?273117231121" width="16" height="16" alt="close search" loading="lazy"> </form> </div> </div> <nav class="topics menu-bar" aria-label="Menu bar"> <ul class="list-no-bullets"> <li> <a class="analytics t-topic-navigation-commercial" href="/topic/commercial/">Commercial</a> </li> <li> <a class="analytics t-topic-navigation-retail" href="/topic/retail/">Retail</a> </li> <li> <a class="analytics t-topic-navigation-credit-unions" href="/topic/credit-unions/">Credit Unions</a> </li> <li> <a class="analytics t-topic-navigation-payments" href="/topic/payments/">Payments</a> </li> <li> <a class="analytics t-topic-navigation-regulations-policy" href="/topic/regulations-policy/">Regulations & Policy</a> </li> <li> <a class="analytics t-topic-navigation-technology" href="/topic/technology/">Technology</a> </li> <li> <a class="analytics t-topic-navigation-risk" href="/topic/risk/">Risk</a> </li> <li> <a class="analytics t-topic-navigation-fintech" href="/topic/fintech/">Fintech</a> </li> </ul> </nav> <script type="module" src="/static/js/dist/navSignupHelper.bundle.js?325815190225" ></script> <script> window.siteName = 'Banking Dive'; </script> <div class="search-overlay"></div> <div class="page-wrapper"> <div class="page-inner-wrapper" id="skip-link-target"> <div class="row"> <div class="medium-10 medium-centered large-12"> <section id="main-content" class="main-content large-8 columns"> <link rel="preload" as="image" href="https://imgproxy.divecdn.com/MFMc_LAdOeqxX7mJkeEtTscoisCOZzYaZ1Ro8SlmiMU/g:ce/rs:fill:1200:675:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9VU0JhbmtUb3dlcl9DQV8zeDIuanBn.webp" imagesrcset="https://imgproxy.divecdn.com/Eho92wmut6bxJ1izjqjAM9VaW3LPl2cUvOxSZ_xbJho/g:ce/rs:fill:400:225:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9VU0JhbmtUb3dlcl9DQV8zeDIuanBn.webp 400w, https://imgproxy.divecdn.com/pfKkhs8DYZvS7t6gpztCgaZ91Zv44AM1YjQpX7PIaj0/g:ce/rs:fill:800:450:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9VU0JhbmtUb3dlcl9DQV8zeDIuanBn.webp 800w, https://imgproxy.divecdn.com/MFMc_LAdOeqxX7mJkeEtTscoisCOZzYaZ1Ro8SlmiMU/g:ce/rs:fill:1200:675:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9VU0JhbmtUb3dlcl9DQV8zeDIuanBn.webp 1200w, https://imgproxy.divecdn.com/euxZTX3yqM70jX-UOXph7stPb5PJmHFkCAqw5cwGZXc/g:ce/rs:fill:1600:900:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9VU0JhbmtUb3dlcl9DQV8zeDIuanBn.webp 1600w" imagesizes="(min-width: 64em) 60vw, 100vw" alt=""> <article class=""> <div class="first-page-pdf"> <!-- logo for print --> <div class="printed-branding"> <span class="promoted-branded-copy">An article from</span> <img src="https://d12v9rtnomnebu.cloudfront.net/logo/printer_friendly/bankingdive.jpg" alt="site logo"> </div> <div class="article-title-wrapper"> <div class="post-label-wrapper"> </div> <h1 class="display-heading-04"> U.S. Bank bets on capital markets boost </h1> <p>The super-regional is expanding its product set and angling for a more prominent position with its clients, the bank’s head of wealth, corporate, commercial and institutional banking said.</p> </div> <div class="byline"> <div class="article-byline"> <div class="date date-bottom-border"> <span class="published-info"> Published Nov. 26, 2024 </span> </div> <div class="byline-row "> <div class="author "> <div class="author-row author-row-flex"> <a href="/editors/cmullen/"> <img class="author-img-round analytics t-article-byline-author" src="https://d1b6lhn2ymmy1x.cloudfront.net/journalist-headshots/payments/mullen-caitlin-circle-150x150.png" alt="Caitlin Mullen's headshot"> </a> <div class="author-name author-name-with-headshot"> <a rel="author" href="/editors/cmullen/" class="analytics t-article-byline-author">Caitlin Mullen</a> <span class="author-title">Reporter</span> </div> </div> </div> <div class="social-share"> <ul class="social-icon-list"> <li> <a href="http://www.linkedin.com/shareArticle?mini=true&url=https%3A//www.bankingdive.com/news/us-bank-capital-markets-wealth-corporate-trust-philipson/733998/&title=U.S.%20Bank%20bets%20on%20capital%20markets%20boost" aria-label="Share article to Linkedin" class="social-icon analytics t-article-byline-social-linkedin"> <img src="/static/img/social_icons/article_page/linkedin.svg?092716141024" alt="Post to LinkedIn"> <span class="social-icon__text">post</span> </a> </li> <li> <a href="https://www.facebook.com/sharer/sharer.php?u=https%3A//www.bankingdive.com/news/us-bank-capital-markets-wealth-corporate-trust-philipson/733998/" aria-label="Share article to Facebook" class="social-icon analytics t-article-byline-social-facebook"> <img src="/static/img/social_icons/article_page/facebook.svg?440116200824" alt="Share on Facebook"> <span class="social-icon__text">share</span> </a> </li> <li> <a href="https://twitter.com/intent/tweet?text=U.S.%20Bank%20bets%20on%20capital%20markets%20boost%20https%3A//www.bankingdive.com/news/us-bank-capital-markets-wealth-corporate-trust-philipson/733998/%20via%20@bankingdive" aria-label="Share article to X/Twitter" class="social-icon analytics t-article-byline-social-twitter"> <img src="/static/img/social_icons/article_page/x.svg?092716141024" alt="Post on X"> <span class="social-icon__text">post</span> </a> </li> <li> <a href="javascript:window.print()" aria-label="Print article" class="social-icon js-social-icon-print"> <img src="/static/img/social_icons/article_page/print.svg?440116200824" alt="Print this page"> <span class="social-icon__text">print</span> </a> </li> <li> <a href="/cdn-cgi/l/email-protection#c2fd91b7a0a8a7a1b6ff97ec91ece7f0f280a3aca9e7f0f2a0a7b6b1e7f0f2adace7f0f2a1a3b2abb6a3aee7f0f2afa3b0a9a7b6b1e7f0f2a0adadb1b6e4a3afb2f980ada6bbffaab6b6b2b1e7f183ededb5b5b5eca0a3aca9abaca5a6abb4a7eca1adafedaca7b5b1edb7b1efa0a3aca9efa1a3b2abb6a3aeefafa3b0a9a7b6b1efb5a7a3aeb6aaefa1adb0b2adb0a3b6a7efb6b0b7b1b6efb2aaabaeabb2b1adacedf5f1f1fbfbfaed" aria-label="Share article with email" class="social-icon analytics t-article-byline-social-email"> <img src="/static/img/social_icons/article_page/email.svg?092716141024" alt="Email this page"> <span class="social-icon__text">email</span> </a> </li> <li> <a href="/selfservice/article-licensing/submit/?newspostUrl=https://www.bankingdive.com/news/us-bank-capital-markets-wealth-corporate-trust-philipson/733998/" aria-label="License article" class="social-icon js-social-icon-license analytics t-article-byline-social-licensing"> <img src="/static/img/social_icons/article_page/cart.svg?092716141024" alt="License this article"> <span class="social-icon__text">license</span> </a> </li> </ul> </div> </div> </div> </div> <figure class="inside_story"> <div class="figure_content article-hero-img"> <img class="" src="https://imgproxy.divecdn.com/MFMc_LAdOeqxX7mJkeEtTscoisCOZzYaZ1Ro8SlmiMU/g:ce/rs:fill:1200:675:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9VU0JhbmtUb3dlcl9DQV8zeDIuanBn.webp" width="1200" height="675" srcset="https://imgproxy.divecdn.com/Eho92wmut6bxJ1izjqjAM9VaW3LPl2cUvOxSZ_xbJho/g:ce/rs:fill:400:225:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9VU0JhbmtUb3dlcl9DQV8zeDIuanBn.webp 400w, https://imgproxy.divecdn.com/pfKkhs8DYZvS7t6gpztCgaZ91Zv44AM1YjQpX7PIaj0/g:ce/rs:fill:800:450:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9VU0JhbmtUb3dlcl9DQV8zeDIuanBn.webp 800w, https://imgproxy.divecdn.com/MFMc_LAdOeqxX7mJkeEtTscoisCOZzYaZ1Ro8SlmiMU/g:ce/rs:fill:1200:675:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9VU0JhbmtUb3dlcl9DQV8zeDIuanBn.webp 1200w, https://imgproxy.divecdn.com/euxZTX3yqM70jX-UOXph7stPb5PJmHFkCAqw5cwGZXc/g:ce/rs:fill:1600:900:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9VU0JhbmtUb3dlcl9DQV8zeDIuanBn.webp 1600w" sizes="(min-width: 64em) 60vw, 100vw" alt="A skyscraper with the name "U.S. Bank" atop it is shown." > </div> <figcaption class="inside_story_caption"> <span class="source_text"> Courtesy of U.S. Bank </span> </figcaption> </figure> </div> <div class="row"> <div class="article-large-12 columns article-wrapper"> <div class="print-wrapper"> <div class=" large medium article-body"> <p><span><span><span><span><span><span>After </span></span></span></span></span></span><a href="https://www.bankingdive.com/news/us-bank-investor-day-targets-ceo-cecere-kedia/726988/"><span><span><span><span><span><span><span><span>U.S. Bank’s investor day in September</span></span></span></span></span></span></span></span></a><span><span><span><span><span><span>, analysts covering the company largely had a “show me” reaction to the bank’s growth projections. </span></span></span></span></span></span></p> <p><span><span><span><span><span><span>Stephen Philipson, U.S. Bank’s head of wealth, corporate, commercial and institutional banking, said the bank’s executives have taken heed. </span></span></span></span></span></span></p> <p><span><span><span><span><span><span>“A lot of the feedback we got was, ‘This is a great strategy. We want to see you execute on it.’ We definitely feel that and are very focused on it,” Philipson said during a recent interview. “I think we’re starting to show people.” </span></span></span></span></span></span></p> <div class="hybrid-ad-wrapper show-small hide-large"> <div class="hybrid-ad-inner-wrapper"> <div class="show-small hide-large"> <div data-container-ad-unit-id="/21662595662/bankingdive/bankingdivehybrid1-mobile"></div> <div id="dfp-hybrid1-mobile"> <script data-cfasync="false" src="/cdn-cgi/scripts/5c5dd728/cloudflare-static/email-decode.min.js"></script><script> waitToLoadAds.push(function() { googletag.cmd.push(function() { if (window.dfp_visibility == 'mobile' ) { googletag.display('dfp-hybrid1-mobile'); googletag.pubads().addEventListener('slotRenderEnded', function (event) { var adUnitPath = '/21662595662/bankingdive/bankingdivehybrid1'; var onProformative = false; if (onProformative && event.slot.getAdUnitPath() === adUnitPath && !event.isEmpty ) { var adUnitPathWithVisibility = adUnitPath + '-mobile'; var selector = '.pf-comments__ad-wrapper [data-container-ad-unit-id="' + adUnitPathWithVisibility + '"]'; if (!$(selector).closest('.pf-comments__ad-wrapper').hasClass('borders')) { $(selector).closest('.pf-comments__ad-wrapper').addClass('borders') } } }); } }); }); </script> </div> </div> </div> </div> <div class="hybrid-ad-wrapper hide-small show-large"> <div class="hybrid-ad-inner-wrapper"> <div class="hide-small show-large"> <div data-container-ad-unit-id="/21662595662/bankingdive/bankingdivehybrid2-desktop"></div> <div id="dfp-hybrid2-desktop"> <script> waitToLoadAds.push(function() { googletag.cmd.push(function() { if (window.dfp_visibility == 'desktop' ) { googletag.display('dfp-hybrid2-desktop'); googletag.pubads().addEventListener('slotRenderEnded', function (event) { var adUnitPath = '/21662595662/bankingdive/bankingdivehybrid2'; var onProformative = false; if (onProformative && event.slot.getAdUnitPath() === adUnitPath && !event.isEmpty ) { var adUnitPathWithVisibility = adUnitPath + '-desktop'; var selector = '.pf-comments__ad-wrapper [data-container-ad-unit-id="' + adUnitPathWithVisibility + '"]'; if (!$(selector).closest('.pf-comments__ad-wrapper').hasClass('borders')) { $(selector).closest('.pf-comments__ad-wrapper').addClass('borders') } } }); } }); }); </script> </div> </div> </div> </div> <p><span><span><span><span><span><span>U.S. Bank’s </span></span></span></span></span></span><a href="https://s203.q4cdn.com/711684571/files/doc_financials/2024/q3/Press-Release-3Q24.pdf"><span><span><span><span><span><span><span><span>revenue fell about 2%</span></span></span></span></span></span></span></span></a><span><span><span><span><span><span> year-over-year in the third quarter, but its expense levels dropped even more, yielding modest positive operating leverage. Philipson said the bank made needed investments and is committed to better leveraging its array of businesses, and now executives are confident the Minneapolis-based lender can build on that in the fourth quarter and beyond. </span></span></span></span></span></span></p> <p><span><span><span><span><span><span>To achieve that, U.S. Bank is doubling down on interconnectivity across its businesses, removing siloes and expanding its product set. The bank’s WCIB business, which Philipson has led since June, has steadily added services and sought to position itself as a reliable and capable bank partner.</span></span></span></span></span></span></p> <p><span><span><span><span><span><span>WCIB now accounts for 43% of the bank’s net revenue, according to </span></span></span></span></span></span><a href="https://s203.q4cdn.com/711684571/files/doc_downloads/2024/11/BAAB-2024-Presentation.pdf"><span><span><span><span><span><span><span><span>a recent conference presentation</span></span></span></span></span></span></span></span></a><span><span><span><span><span><span>. For wealth and capital markets – fee-driven businesses – it’s 13%. </span></span></span></span></span></span></p> <p><span><span><span><span><span><span>Within its capital markets unit, U.S. Bank recently added commodities and asset-backed securities businesses. Global capital markets revenue last year jumped about 38%, to $911 million, and the bank envisions a 12% to 15% revenue growth opportunity in the medium term.</span></span></span></span></span></span></p> <p><span><span><span><span><span><span>In wealth, the bank has invested heavily in digital platforms and user experience, in an effort to get more of its 13 million bank customers to become wealth clients, too. </span></span></span></span></span></span><span><span><span><strong><span><span> </span></span></strong></span></span></span></p> <p><span><span><span><span><span><span>“We’re not getting into some new area of the business that we don’t have experience in, or changing our risk appetite,” said Philipson, who’s based in Charlotte, North Carolina, where the bank has about 1,400 employees. “It’s more just leveraging a lot of the opportunities that sit within the four walls of U.S. Bank.” </span></span></span></span></span></span></p> <div class="hybrid-ad-wrapper show-small hide-large"> <div class="hybrid-ad-inner-wrapper"> <div class="show-small hide-large"> <div data-container-ad-unit-id="/21662595662/bankingdive/bankingdivehybrid2-mobile"></div> <div id="dfp-hybrid2-mobile"> <script> waitToLoadAds.push(function() { googletag.cmd.push(function() { if (window.dfp_visibility == 'mobile' ) { googletag.display('dfp-hybrid2-mobile'); googletag.pubads().addEventListener('slotRenderEnded', function (event) { var adUnitPath = '/21662595662/bankingdive/bankingdivehybrid2'; var onProformative = false; if (onProformative && event.slot.getAdUnitPath() === adUnitPath && !event.isEmpty ) { var adUnitPathWithVisibility = adUnitPath + '-mobile'; var selector = '.pf-comments__ad-wrapper [data-container-ad-unit-id="' + adUnitPathWithVisibility + '"]'; if (!$(selector).closest('.pf-comments__ad-wrapper').hasClass('borders')) { $(selector).closest('.pf-comments__ad-wrapper').addClass('borders') } } }); } }); }); </script> </div> </div> </div> </div> <div class="hide-small show-large" id="desktop-inline-signup"></div> <h3 class="standard-heading"><span><span><span><strong><span><span>Stepping up offense </span></span></strong></span></span></span></h3> <p><span><span><span><span><span><span>The super-regional lender also aims to accelerate from a go-to-market perspective, he said.</span></span></span></span></span></span></p> <p><span><span><span><span><span><span>“Historically, as a bank, we’ve always been very good at playing defense,” Philipson said, pointing to a risk management culture he characterized as strong. “Part of the thought now is, ‘Hey, let’s maintain that really strong defense, but let’s work on our offense as well.’” </span></span></span></span></span></span></p> <figure class="image-right inside_story"> <div class="figure_content"> <div><img alt="Stephen Philipson, U.S. Bank executive" data-imagemodel="170942" src="https://imgproxy.divecdn.com/rChQ372oTPcIjkdPmh8H6KmpCRaWx-WImalgUUWwPSg/g:ce/rs:fit:1600:0/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9VU0JfU3RlcGhlblBoaWxpcHNvbl9PY3RvYmVyXzIwMjQuanBn.webp"/></div> </div> <figcaption class="inside_story_caption"> <div class="caption_text">Stephen Philipson</div> <div class="source_text">Permission granted by U.S. Bank</div> <div class="clearfix"> </div> </figcaption> </figure> <p><span><span><span><span><span><span>Philipson said U.S. Bank is in a unique position: At $665 billion in assets, it’s the largest U.S. bank that’s not designated systemically important on a global scale. And it has a product set regionals can’t compete with, he asserted. After spending more in recent years on technology and acquisitions, the bank is now poised to reap the benefits, Philipson said.</span></span></span></span></span></span></p> <p><span><span><span><span><span><span>To some extent, U.S. Bank has been challenged by timing, said David Konrad, managing director in equity research for KBW. The bank made a solid acquisition in </span></span></span></span></span></span><a href="https://www.bankingdive.com/news/occ-approves-us-bank-mufg-union-merger/634163/"><span><span><span><span><span><span><span><span>MUFG Union Bank</span></span></span></span></span></span></span></span></a><span><span><span><span><span><span>, but interest rates soared from the </span></span></span></span></span></span><a href="https://www.bankingdive.com/news/us-bank-to-buy-mufg-union-bank-in-8b-deal/606923/"><span><span><span><span><span><span><span><span>time the purchase was announced</span></span></span></span></span></span></span></span></a><span><span><span><span><span><span> to when it closed in late 2022, and U.S. Bank had to absorb that, he noted.</span></span></span></span></span></span></p> <p><span><span><span><span><span><span>Historically among the most efficient lenders, the bank has lost some operating leverage, so it’s now trying to bolster fee income and improve its expense ratio, Konrad said.</span></span></span></span></span></span></p> <p><span><span><span><span><span><span>In capital markets, U.S. Bank is angling for a more prominent position with clients. The bank has entered relationships with corporations as a participant in their credit facility, “and your goal is to up-tier and move to a lead-in credit facility,” Philipson said. </span></span></span></span></span></span></p> <p><span><span><span><span><span><span>It’s “one of these chicken and egg things, because you don’t necessarily want to provide more credit … until you’re sure there’s a sustainable relationship and you’re generating fee revenue,” he noted. </span></span></span></span></span></span></p><div class="show-small hide-large" id="mobile-inline-signup"></div><section class="storylines-carousel-wrapper hide-small show-large" id="desktop-carousel"></section> <p><span><span><span><span><span><span>Yet “those customers typically don’t want to give you the fee revenue until they’re confident in your capabilities and you’re giving them more credit,” Philipson added. “So you’re in this courting process with customers when you enter that credit facility and then demonstrating your product capabilities.” </span></span></span></span></span></span></p> <p><span><span><span><span><span><span>The bank has sought to make customers better aware of all it can do for them, including investment services such as corporate trust and fund services – typically the domain of larger institutions such as Citi or BNY.</span></span></span></span></span></span></p> <p><span><span><span><span><span><span>After the financial crisis, U.S. Bank embarked on a concerted effort to build out corporate banking, capital markets and some investment services businesses, Philipson said. </span></span></span></span></span></span></p> <p><span><span><span><span><span><span>The lender picked up Wachovia’s corporate trust business and has continued building over the last 15 years to achieve scale. “There was a real opportunity, when everybody else was sort of back on their heels, to both build some of these businesses and attract talent,” Philipson said of that period. </span></span></span></span></span></span></p> <h3 class="standard-heading"><span><span><span><strong><span><span>Building methodically</span></span></strong></span></span></span></h3> <p><span><span><span><span><span><span>The bank has taken more of a tortoise than hare approach in expanding its capital markets business, pursuing depth in one area before adding another. U.S. Bank launched commodities and asset-backed securities last year, structured notes this year and is expanding its customer repurchase agreement business in the near future, Philipson said. </span></span></span></span></span></span></p> <p><span><span><span><span><span><span>Philipson contrasted that against banks that announce they’re getting into a business, hire a bunch of staff, and then abandon those plans if they don’t meet targets. </span></span></span></span></span></span></p> <p><span><span><span><span><span><span>“We’ve been much more focused on, we’re going to build methodically over time,” he said.</span></span></span></span></span></span></p> <div class="hybrid-ad-wrapper hide-small show-large"> <div class="hybrid-ad-inner-wrapper"> <div class="hide-small show-large"> <div data-container-ad-unit-id="/21662595662/bankingdive/bankingdivehybrid4-desktop"></div> <div id="dfp-hybrid4-desktop"> <script> waitToLoadAds.push(function() { googletag.cmd.push(function() { if (window.dfp_visibility == 'desktop' ) { googletag.display('dfp-hybrid4-desktop'); googletag.pubads().addEventListener('slotRenderEnded', function (event) { var adUnitPath = '/21662595662/bankingdive/bankingdivehybrid4'; var onProformative = false; if (onProformative && event.slot.getAdUnitPath() === adUnitPath && !event.isEmpty ) { var adUnitPathWithVisibility = adUnitPath + '-desktop'; var selector = '.pf-comments__ad-wrapper [data-container-ad-unit-id="' + adUnitPathWithVisibility + '"]'; if (!$(selector).closest('.pf-comments__ad-wrapper').hasClass('borders')) { $(selector).closest('.pf-comments__ad-wrapper').addClass('borders') } } }); } }); }); </script> </div> </div> </div> </div> <section class="storylines-carousel-wrapper show-small hide-large" id="mobile-carousel"></section> <p><span><span><span><span><span><span>Like many banks, U.S. Bank is also chasing growth in its wealth business. It’s invested in digital improvements and envisions a lift once those upgrades are rolled out in 2026, Philipson said. The lender liked Union Bank’s adviser platform, “so we’re basically going to be adopting that across the whole U.S. Bank wealth footprint,” he said.</span></span></span></span></span></span></p> <p><span><span><span><span><span><span>The bank has also built a new digital interface that’s designed to better connect clients’ various U.S. Bank accounts. Philipson said he sees that accelerating customer acquisition.</span></span></span></span></span></span></p> <p><span><span><span><span><span><span>Konrad doesn’t expect U.S. Bank to post outsized growth in wealth, but said its capital markets business is poised to continue double-digit percentage-point growth. That’s welcome because the bank’s star payments business has experienced headwinds as payments sector multiples and growth rates have fallen.</span></span></span></span></span></span></p> <p><span><span><span><span><span><span>It’s unclear whether U.S. Bank would consider a bolt-on acquisition, such as a small investment bank, for the capital markets business. But if it does, Konrad said, “that’s an avenue that the market kind of rewards.”</span></span></span></span></span></span></p> </div> <div class="reading-list recommended-reading"> <h3 class="sidebar-box__header reading-list__header">Recommended Reading</h3> <ul class="list-no-bullets"> <li class="reading-list__item"> <a href="https://www.bankingdive.com/news/us-bank-investor-day-targets-ceo-cecere-kedia/726988/" class="reading-list__link analytics t-article-end-recommended"> U.S. Bank reaches its proving ground </a> <span class="label label--soft"> <span class="secondary-label">By <a rel="author" href="/editors/cmullen/">Caitlin Mullen</a> • </span> <span class="secondary-label">Sept. 13, 2024</span> </span> </li> </ul> </div> <div class="post-article-wrapper"> <div class="share-buttons"> <ul class="social-button-list"> <li> <a href="http://www.linkedin.com/shareArticle?mini=true&url=https%3A//www.bankingdive.com/news/us-bank-capital-markets-wealth-corporate-trust-philipson/733998/&title=U.S.%20Bank%20bets%20on%20capital%20markets%20boost" class="social-button analytics t-article-end-social-linkedin" title="Post"> <img src="/static/img/social_icons/article_page/linkedin.svg?092716141024" alt="Post to LinkedIn"> </a> </li> <li> <a href="https://www.facebook.com/sharer/sharer.php?u=https%3A//www.bankingdive.com/news/us-bank-capital-markets-wealth-corporate-trust-philipson/733998/" class="social-button analytics t-article-end-social-facebook" title="Share"> <img src="/static/img/social_icons/article_page/facebook.svg?440116200824" alt="Share on Facebook"> </a> </li> <li> <a href="https://twitter.com/intent/tweet?text=U.S.%20Bank%20bets%20on%20capital%20markets%20boost%20https%3A//www.bankingdive.com/news/us-bank-capital-markets-wealth-corporate-trust-philipson/733998/%20via%20@bankingdive" class="social-button analytics t-article-end-social-twitter" title="Post"> <img src="/static/img/social_icons/article_page/x.svg?092716141024" alt="Post to X"> </a> </li> <li> <a href="javascript:window.print()" class="social-button js-social-button-print" title="Print"> <img src="/static/img/social_icons/article_page/print.svg?440116200824" alt="Print this page"> </a> </li> <li> <a href="/cdn-cgi/l/email-protection#132c406671797670672e463d403d36212351727d78362123717667603621237c7d3621237072637a67727f3621237e726178766760362123717c7c606735727e6328517c776a2e7b676763603620523c3c6464643d71727d787a7d74777a65763d707c7e3c7d7664603c66603e71727d783e7072637a67727f3e7e7261787667603e6476727f677b3e707c61637c617267763e67616660673e637b7a7f7a63607c7d3c2420202a2a2b3c" class="social-button analytics t-article-end-social-email" title="Email"> <img src="/static/img/social_icons/article_page/email.svg?092716141024" alt="Email this page"> </a> </li> <li class="article-licensing-item"> <a href="/selfservice/article-licensing/submit/?newspostUrl=https://www.bankingdive.com/news/us-bank-capital-markets-wealth-corporate-trust-philipson/733998/" class="article-licensing-button js-social-button-license analytics t-article-end-social-licensing" title="License"> <img src="/static/img/social_icons/article_page/cart.svg?092716141024" alt="License this article"> <span class="social-button__text">purchase licensing rights</span> </a> </li> </ul> </div> <div class="post-article-topics"> <div> <span>Filed Under:</span> <span><a class="topic analytics t-article-end-topic" href="/topic/commercial/">Commercial, </a></span> <span><a class="topic analytics t-article-end-topic" href="/topic/technology/">Technology</a></span> </div> </div> </div> </div> </div> </div> </article> <section class="signup call-out elevated-footer standard-newspost-mobile show-small show-medium hide-large"> <div class="row"> <div class="large-11 medium-11 medium-centered columns footer-signup" style="display: flex"> <div class="footer-signup__content"> <h3>Banking Dive news delivered to your inbox</h3> <p class="subhead">Get the free daily newsletter read by industry experts</p> <form class="form js-form-email-validate" name="signup" action="/signup/" method="POST"> <label for="id_d7c42c_email" class="email-input js-email-input"> <span class="screen-reader-text">Email:</span> <input type="email" name="email" placeholder="Work email address" class="email" required id="id_d7c42c_email"> </label> <input type="hidden" name="signup_box_location" value="elevated_footer"> <input type="hidden" name="signup_initial_url_path" value="/news/us-bank-capital-markets-wealth-corporate-trust-philipson/733998/"> <input type="hidden" name="signup_internal_referrer"> <input type="hidden" name="signup_external_referrer"> <input type="hidden" name="referral_url"> <input type="hidden" name="js_enabled" value="0" id="id_d7c42c_js_enabled"> <ul class="signup-list list-no-bullets"> <li> <label><span class="screen-reader-text">Select Newsletter:</span></label> <input id="newsletter-elevated_footer-checkbox-760" type="checkbox" name="site_newsletters" value="760" class="checkbox" /> <label for="newsletter-elevated_footer-checkbox-760"> <span class="newsletter-title">Daily Dive</span> <span class="secondary-label">M-F</span> </label> </li> <li> <label><span class="screen-reader-text">Select Newsletter:</span></label> <input id="newsletter-elevated_footer-checkbox-3172" type="checkbox" name="site_newsletters" value="3172" class="checkbox" /> <label for="newsletter-elevated_footer-checkbox-3172"> <span class="newsletter-title">Fintech Weekly</span> <span class="secondary-label">Every Wednesday</span> </label> </li> <li> <label><span class="screen-reader-text">Select user consent:</span></label> <input type="checkbox" name="user_consent" id="id_user_consent-elevated_footer" value="1" class="checkbox"/> <label for="id_user_consent-elevated_footer"> <span class="signup-user-consent_box"> <span> By signing up to receive our newsletter, you agree to our <a href="https://www.techtarget.com/terms-of-use/" target="_blank">Terms of Use</a> and <a href="https://www.techtarget.com/privacy-policy/" target="_blank">Privacy Policy</a>. You can unsubscribe at anytime. </span> </span> </label> </li> </ul> <button class="button button--medium signup-button" type="submit" value="Sign up">Sign up</button> <script data-cfasync="false" src="/cdn-cgi/scripts/5c5dd728/cloudflare-static/email-decode.min.js"></script><script type="module" src="/static/js/dist/sendEmailToLytics.bundle.js?325815190225" ></script> <label class="error email_error" style="display:none;">A valid email address is required.</label> <label class="error newsletter-error" style="display:none;">Please select at least one newsletter.</label> </form> </div> <div class="footer-signup__image"> <img class="desktop-image" src="/static/img/article-signup.png?320916100822" width="275" height="275" loading="lazy" alt="Daily Dive newsletter example"> </div> </div> </div> </section> <div class="sidebar-box hide-large editors-pick-footer-mobile"> <h3 class="sidebar-box__header"> Editors' picks </h3> <ul class="feed"> <li class="row feed__item"> <div class="medium-5 columns"> <figure class="feed__image-container"> <a class="feed__image analytics t-edfooter-edpicks-1" href="/news/jpmorgan-chase-piepszak-coo-pinto-petno-dimon/737259/"> <img class="" src="https://imgproxy.divecdn.com/biO0HAT9eO8c59sZw_b31ck2oGEHjjlP86pCie8AhKw/g:ce/rs:fill:1200:675:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy0xNDkzNTM0OTYyLmpwZw==.webp" width="1200" height="675" srcset="https://imgproxy.divecdn.com/9iGqN7e3ZxbBc4JOdPmN3p-ayKrTYnxsL5-FEOXzsJI/g:ce/rs:fill:300:169:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy0xNDkzNTM0OTYyLmpwZw==.webp 300w, https://imgproxy.divecdn.com/Xp25CObBG2mc76TDAB4wZIksq3UcsnoszDliIJYJjPY/g:ce/rs:fill:600:338:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy0xNDkzNTM0OTYyLmpwZw==.webp 600w, https://imgproxy.divecdn.com/biO0HAT9eO8c59sZw_b31ck2oGEHjjlP86pCie8AhKw/g:ce/rs:fill:1200:675:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy0xNDkzNTM0OTYyLmpwZw==.webp 1200w" sizes="(min-width: 40em ) 25vw, 100vw" alt="JPMorgan Chase building signage in New York City" loading="lazy" > </a> <figcaption> <img class="feed__attribution-icon" src="/static/images/info-icon.png?234917240220" width="16" height="16" alt="Image attribution tooltip" tabindex="0"> <div class="feed__attribution">Michael M. Santiago / Staff via Getty Images</div> <img class="feed__attribution-icon" src="/static/images/info-icon.png?234917240220" width="16" height="16" alt="Image attribution tooltip" tabindex="-1"> </figcaption> </figure> </div> <div class="medium-7 columns"> <h3 class="feed__title feed__title--display"> <a href="/news/jpmorgan-chase-piepszak-coo-pinto-petno-dimon/737259/" class="analytics t-edfooter-edpicks-1"> JPMorgan elevates Piepszak to COO </a> </h3> <p class="feed__description hide-small show-large">Jennifer Piepszak replaces Daniel Pinto, who will retire in 2026. But she indicated she’d rather work in a “senior operating role” than be considered to succeed CEO Jamie Dimon “at this time.”</p> <div class="secondary-label"> By Dan Ennis • <span class="secondary-label">Jan. 14, 2025</span> </div> </div> </li> <li class="row feed__item"> <div class="medium-5 columns"> <figure class="feed__image-container"> <a class="feed__image analytics t-edfooter-edpicks-2" href="/news/2025-trump-cfpb-fed-fdic-merger-acquisition-capital-one-discover-crypto-occ-artificial-intelligence/736809/"> <img class="" src="https://imgproxy.divecdn.com/68IUFi5yJQXu3GCUMDV4174AcagS2_tORP2xbTbt_t4/g:ce/rs:fill:1200:675:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy0xNTc0ODUxNjMuanBn.webp" width="1200" height="675" srcset="https://imgproxy.divecdn.com/8OIOsnmymP9dhdU6BocaGwSQW2_Yd2AMhyOWNVxHvUA/g:ce/rs:fill:300:169:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy0xNTc0ODUxNjMuanBn.webp 300w, https://imgproxy.divecdn.com/_Fzcl4Q6TFNGhIyWSREM1QWfEctG_niQ3CJyu7Mso5w/g:ce/rs:fill:600:338:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy0xNTc0ODUxNjMuanBn.webp 600w, https://imgproxy.divecdn.com/68IUFi5yJQXu3GCUMDV4174AcagS2_tORP2xbTbt_t4/g:ce/rs:fill:1200:675:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy0xNTc0ODUxNjMuanBn.webp 1200w" sizes="(min-width: 40em ) 25vw, 100vw" alt="Bank plaque pictured on a city building housing a financial company." loading="lazy" > </a> <figcaption> <img class="feed__attribution-icon" src="/static/images/info-icon.png?234917240220" width="16" height="16" alt="Image attribution tooltip" tabindex="0"> <div class="feed__attribution">Pgiam via Getty Images</div> <img class="feed__attribution-icon" src="/static/images/info-icon.png?234917240220" width="16" height="16" alt="Image attribution tooltip" tabindex="-1"> </figcaption> </figure> </div> <div class="medium-7 columns"> <h3 class="feed__title feed__title--display"> <a href="/news/2025-trump-cfpb-fed-fdic-merger-acquisition-capital-one-discover-crypto-occ-artificial-intelligence/736809/" class="analytics t-edfooter-edpicks-2"> 6 banking trends to watch in 2025 </a> </h3> <p class="feed__description hide-small show-large">Donald Trump’s return to the White House is expected to make an impression on a number of facets in banking – from regulation to M&A to crypto.</p> <div class="secondary-label"> By Dan Ennis, Rajashree Chakravarty, Caitlin Mullen and Gabrielle Saulsbery • <span class="secondary-label">Jan. 8, 2025</span> </div> </div> </li> </ul> </div> <div style="display: none;" id="inline-signup-html-desktop"> <div class="inline-signup"> <p class="inline-signup__copy">Keep up with the story. Subscribe to the Banking Dive free daily newsletter</p> <form class="form js-form-email-validate" name="signup" action="/signup/" method="POST"> <label for="id_8cb3fd_email" class="email-input js-email-input"> <span class="screen-reader-text">Email:</span> <input type="email" name="email" placeholder="Work email address" class="email" required id="id_8cb3fd_email"> </label> <input type="hidden" name="signup_box_location" value="inline"> <input type="hidden" name="signup_initial_url_path" value="/news/us-bank-capital-markets-wealth-corporate-trust-philipson/733998/"> <input type="hidden" name="signup_internal_referrer"> <input type="hidden" name="signup_external_referrer"> <input type="hidden" name="referral_url"> <input type="hidden" name="js_enabled" value="0" id="id_8cb3fd_js_enabled"> <ul class="signup-list list-no-bullets"> <li> <label><span class="screen-reader-text">Select Newsletter:</span></label> <input id="newsletter-inline-checkbox-760" type="checkbox" name="site_newsletters" value="760" class="checkbox" /> <label for="newsletter-inline-checkbox-760"> <span class="newsletter-title">Daily Dive</span> <span class="secondary-label">M-F</span> </label> </li> <li> <label><span class="screen-reader-text">Select Newsletter:</span></label> <input id="newsletter-inline-checkbox-3172" type="checkbox" name="site_newsletters" value="3172" class="checkbox" /> <label for="newsletter-inline-checkbox-3172"> <span class="newsletter-title">Fintech Weekly</span> <span class="secondary-label">Every Wednesday</span> </label> </li> <li> <label><span class="screen-reader-text">Select user consent:</span></label> <input type="checkbox" name="user_consent" id="id_user_consent-inline" value="1" class="checkbox"/> <label for="id_user_consent-inline"> <span class="signup-user-consent_box"> <span> By signing up to receive our newsletter, you agree to our <a href="https://www.techtarget.com/terms-of-use/" target="_blank">Terms of Use</a> and <a href="https://www.techtarget.com/privacy-policy/" target="_blank">Privacy Policy</a>. You can unsubscribe at anytime. </span> </span> </label> </li> </ul> <button class="button button--medium signup-button" type="submit" value="Sign up">Sign up</button> <script type="module" src="/static/js/dist/sendEmailToLytics.bundle.js?325815190225" ></script> <label class="error email_error" style="display:none;">A valid email address is required.</label> <label class="error newsletter-error" style="display:none;">Please select at least one newsletter.</label> </form> </div> <div class="subscriber-demographics demographics-form" id="demographics-box-inline"></div> <script src="/static/js/subscriberDemographicsForm.js?450216090125"></script> <script> var siteName = 'Banking Dive' || null; if (siteName) { setupFormCallbackAndCreateFormIfSub(siteName, 'inline'); } </script> </div> <script type="text/javascript"> $(document).ready(function () { // copy the contents of the generic_signup partial into the desktop_signup_spot $desktop_signup_spot = $("#desktop-inline-signup"); $desktop_signup = $("#inline-signup-html-desktop").children(); $desktop_signup_spot.append($desktop_signup); $("#inline-signup-html-desktop").remove(); }); </script> <link rel="preload" href="https://d12v9rtnomnebu.cloudfront.net/carousel/glider.min.css" as="style" onload="this.onload=null;this.rel='stylesheet'"> <!-- This block of HTML and django template logic is used to get proximizer'ed versions of carousel story images --> <div style="display: none" id="carousel_images"> <div class="proximized_carousel_image" id="carousel_0"> <img class="carousel-item__image" src="https://imgproxy.divecdn.com/cl6fSbPbJaJeY2g8qO_-ew6LTSr7d_a4w88UXS73CJc/g:ce/rs:fill:1200:675:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy04MzEwNzM5NC5qcGc=.webp" width="1200" height="675" srcset="https://imgproxy.divecdn.com/uqWYSWoaw5OfctnYxLeEbzfSTNvmPV7tABgMt_C21Wk/g:ce/rs:fill:300:169:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy04MzEwNzM5NC5qcGc=.webp 300w, https://imgproxy.divecdn.com/t7LQkCkq5jwJtwA4LV8-IDbPTBdUj35DYno_sNtOVYo/g:ce/rs:fill:600:338:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy04MzEwNzM5NC5qcGc=.webp 600w, https://imgproxy.divecdn.com/cl6fSbPbJaJeY2g8qO_-ew6LTSr7d_a4w88UXS73CJc/g:ce/rs:fill:1200:675:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy04MzEwNzM5NC5qcGc=.webp 1200w" sizes="(min-width: 40em ) 25vw, 100vw" alt="A Wells Fargo flag flies in front of a Wells Fargo bank branch." > </div> <div class="proximized_carousel_image" id="carousel_1"> <img class="carousel-item__image" src="https://imgproxy.divecdn.com/Ugdp1kuJ7Q-rkzWNBI8POmmGK-UearwCwJ_Ob4HqGHs/g:ce/rs:fill:1200:675:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9XZWxsc19GYXJnb19icmFuY2guanBn.webp" width="1200" height="675" srcset="https://imgproxy.divecdn.com/VnhQ5osxSBoGfrNCSe0WdJ05TZQEIqZZyNaK2aqdgLg/g:ce/rs:fill:300:169:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9XZWxsc19GYXJnb19icmFuY2guanBn.webp 300w, https://imgproxy.divecdn.com/h6aej3El27I-A0nMK7P5qm6VCdJPFSkswtD0P-hbByo/g:ce/rs:fill:600:338:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9XZWxsc19GYXJnb19icmFuY2guanBn.webp 600w, https://imgproxy.divecdn.com/Ugdp1kuJ7Q-rkzWNBI8POmmGK-UearwCwJ_Ob4HqGHs/g:ce/rs:fill:1200:675:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9XZWxsc19GYXJnb19icmFuY2guanBn.webp 1200w" sizes="(min-width: 40em ) 25vw, 100vw" alt="Wells Fargo branch exterior" > </div> <div class="proximized_carousel_image" id="carousel_2"> <img class="carousel-item__image" src="https://imgproxy.divecdn.com/DWawmwgZtz_V5HxSu4VBi8MmgwTzooREzt452SVJk8U/g:ce/rs:fill:1200:675:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy01MzE3NDc0M19RWjlxcnYyLmpwZw==.webp" width="1200" height="675" srcset="https://imgproxy.divecdn.com/1kpflyOjvWcGW15JURk9WqviU1Lu-DC-OyywTizdgHk/g:ce/rs:fill:300:169:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy01MzE3NDc0M19RWjlxcnYyLmpwZw==.webp 300w, https://imgproxy.divecdn.com/30vFypbx6WGolCaSs8wG9NfgbkMK6H3LKvfOCozKHxI/g:ce/rs:fill:600:338:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy01MzE3NDc0M19RWjlxcnYyLmpwZw==.webp 600w, https://imgproxy.divecdn.com/DWawmwgZtz_V5HxSu4VBi8MmgwTzooREzt452SVJk8U/g:ce/rs:fill:1200:675:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy01MzE3NDc0M19RWjlxcnYyLmpwZw==.webp 1200w" sizes="(min-width: 40em ) 25vw, 100vw" alt="bank of america flag waving in Charlotte" > </div> <div class="proximized_carousel_image" id="carousel_3"> <img class="carousel-item__image" src="https://imgproxy.divecdn.com/nVa84uurLZ3zLTC9X58c1MUoIZ6Dv_CIYB6WEZO-gew/g:nowe:107:189/c:2889:1632/rs:fill:1200:675:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy0xNDk5MzU2NTQuanBn.webp" width="1200" height="675" srcset="https://imgproxy.divecdn.com/3cK5X1WIJYIWCFyJZhrrJr55p5TvaEndl4SA9vvoEHg/g:nowe:107:189/c:2889:1632/rs:fill:300:169:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy0xNDk5MzU2NTQuanBn.webp 300w, https://imgproxy.divecdn.com/s6ECPfm-RCL-s5pMkpHRUg3QuSUs0zXvlyw7nApDnrg/g:nowe:107:189/c:2889:1632/rs:fill:600:338:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy0xNDk5MzU2NTQuanBn.webp 600w, https://imgproxy.divecdn.com/nVa84uurLZ3zLTC9X58c1MUoIZ6Dv_CIYB6WEZO-gew/g:nowe:107:189/c:2889:1632/rs:fill:1200:675:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy0xNDk5MzU2NTQuanBn.webp 1200w" sizes="(min-width: 40em ) 25vw, 100vw" alt="A man smokes outside a Standard Chartered bank location." > </div> <div class="proximized_carousel_image" id="carousel_4"> <img class="carousel-item__image" src="https://imgproxy.divecdn.com/UdKz2Pr4OmlDsvZwK1h1fC33KoC9EjvcI6sK8nn9mAY/g:ce/rs:fill:1200:675:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9nZXR0eWltYWdlcy05NDk1ODY0NjItNTk0eDU5NC5qcGc=.webp" width="1200" height="675" srcset="https://imgproxy.divecdn.com/KqdRS1TcUBlsmwlkz_Dpfv3eMvKr0RCg6ZCNVxjMDds/g:ce/rs:fill:300:169:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9nZXR0eWltYWdlcy05NDk1ODY0NjItNTk0eDU5NC5qcGc=.webp 300w, https://imgproxy.divecdn.com/ac85Q_h2ZrHcAdFu5Sy5jdK6xyZZvSRVuSVaS6yeew8/g:ce/rs:fill:600:338:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9nZXR0eWltYWdlcy05NDk1ODY0NjItNTk0eDU5NC5qcGc=.webp 600w, https://imgproxy.divecdn.com/UdKz2Pr4OmlDsvZwK1h1fC33KoC9EjvcI6sK8nn9mAY/g:ce/rs:fill:1200:675:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9nZXR0eWltYWdlcy05NDk1ODY0NjItNTk0eDU5NC5qcGc=.webp 1200w" sizes="(min-width: 40em ) 25vw, 100vw" alt="Exterior of a Charles Schwab branch" > </div> <div class="proximized_carousel_image" id="carousel_5"> <img class="carousel-item__image" src="https://imgproxy.divecdn.com/Wzt99WE3yUL64oFXRCZ2fCfX0LGEUVfeegQjw_ty2v4/g:ce/rs:fill:1200:675:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS91bm5hbWVkX3lzS09IamwuanBn.webp" width="1200" height="675" srcset="https://imgproxy.divecdn.com/4uxVLnagdnHqXh5pLLkoIhIkR5AIiZunbayGbpHGl8k/g:ce/rs:fill:300:169:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS91bm5hbWVkX3lzS09IamwuanBn.webp 300w, https://imgproxy.divecdn.com/X_1Y6Jh8NciXSnZrB2HvEiQVjhSC6Y1z1g42PSa3QlM/g:ce/rs:fill:600:338:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS91bm5hbWVkX3lzS09IamwuanBn.webp 600w, https://imgproxy.divecdn.com/Wzt99WE3yUL64oFXRCZ2fCfX0LGEUVfeegQjw_ty2v4/g:ce/rs:fill:1200:675:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS91bm5hbWVkX3lzS09IamwuanBn.webp 1200w" sizes="(min-width: 40em ) 25vw, 100vw" alt="A vertical SMBC sign stands outside a glass office building." > </div> <div class="proximized_carousel_image" id="carousel_6"> <img class="carousel-item__image" src="https://imgproxy.divecdn.com/XiWy6q_zwaP6m1j28B-R-4VSx3zAp-tPyQAUkguXHgA/g:ce/rs:fill:1200:675:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy0yMDUxMTcwNTMwLmpwZw==.webp" width="1200" height="675" srcset="https://imgproxy.divecdn.com/Sm_DO-gEbcUhQK091HGTNTrQD8aiByk8tz6meJZFzqY/g:ce/rs:fill:300:169:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy0yMDUxMTcwNTMwLmpwZw==.webp 300w, https://imgproxy.divecdn.com/2ESruk_aGLFxLk6xYVq6S-UsEC8Aso7GOxFT11UcnVg/g:ce/rs:fill:600:338:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy0yMDUxMTcwNTMwLmpwZw==.webp 600w, https://imgproxy.divecdn.com/XiWy6q_zwaP6m1j28B-R-4VSx3zAp-tPyQAUkguXHgA/g:ce/rs:fill:1200:675:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy0yMDUxMTcwNTMwLmpwZw==.webp 1200w" sizes="(min-width: 40em ) 25vw, 100vw" alt="People walk by a Citi location" > </div> <div class="proximized_carousel_image" id="carousel_7"> <img class="carousel-item__image" src="https://imgproxy.divecdn.com/0eklnLwCqkKiyb6NysD0cMV3VVJEymjQDq-k09jQHLM/g:nowe:898:645/c:2319:1310/rs:fill:1200:675:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9JTUdfOTQ3Ni5qcGc=.webp" width="1200" height="675" srcset="https://imgproxy.divecdn.com/f5YBol98nF9XQMAoC3rN9AkYyBkST1mAm32xMv1JgJA/g:nowe:898:645/c:2319:1310/rs:fill:300:169:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9JTUdfOTQ3Ni5qcGc=.webp 300w, https://imgproxy.divecdn.com/VT5n4yZiQpZdGvAL-RvPdfidvkFgs1TP7W0P1arPBxU/g:nowe:898:645/c:2319:1310/rs:fill:600:338:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9JTUdfOTQ3Ni5qcGc=.webp 600w, https://imgproxy.divecdn.com/0eklnLwCqkKiyb6NysD0cMV3VVJEymjQDq-k09jQHLM/g:nowe:898:645/c:2319:1310/rs:fill:1200:675:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9JTUdfOTQ3Ni5qcGc=.webp 1200w" sizes="(min-width: 40em ) 25vw, 100vw" alt="The exterior of a Citizens Bank is pictured." > </div> </div> <script src="https://d12v9rtnomnebu.cloudfront.net/carousel/glider-compat.min.js" defer></script> <script src="https://d12v9rtnomnebu.cloudfront.net/carousel/glider.min.js" defer></script> <script> window.carouselData = {}; window.carouselData.carouselStories = [{"title": "Wells Fargo clears 10th consent order; 4 remain", "link": "https://www.bankingdive.com/news/wells-fargo-clears-10th-consent-order-4-remain/740232/", "pub_date": "Feb 18, 2025"}, {"title": "Wells Fargo faces labor board complaint over union vote", "link": "https://www.bankingdive.com/news/wells-fargo-faces-labor-board-complaint-over-union-vote/740093/", "pub_date": "Feb 13, 2025"}, {"title": "\u2018Taking stock\u2019: BofA and JPMorgan execs weigh in on Trump 2.0", "link": "https://www.bankingdive.com/news/bank-regulatory-changes-supervision-cfpb-occ-trump-bofa-moynihan-jpmorgan/739952/", "pub_date": "Feb 12, 2025"}, {"title": "Mandy DeFilippo named Standard Chartered\u2019s top US exec", "link": "https://www.bankingdive.com/news/mandy-defilippo-named-stancharts-us-americas-ceo/739880/", "pub_date": "Feb 12, 2025"}, {"title": "TD to sell entire Charles Schwab investment", "link": "https://www.bankingdive.com/news/td-to-sell-entire-charles-schwab-investment/739691/", "pub_date": "Feb 10, 2025"}, {"title": "SMBC taps ex-TD exec as Americas COO", "link": "https://www.bankingdive.com/news/smbc-taps-td-exec-greg-keeley-coo/739581/", "pub_date": "Feb 07, 2025"}, {"title": "Citi\u2019s year-end promotions total 8,500", "link": "https://www.bankingdive.com/news/citi-year-end-promotions-total-8500/739571/", "pub_date": "Feb 07, 2025"}, {"title": "Citizens chief experience officer to retire", "link": "https://www.bankingdive.com/news/citizens-chief-experience-officer-beth-johnson-to-retire/739049/", "pub_date": "Feb 03, 2025"}] // For each carousel story in our object, add the HTML contents of the corresponding .proximized_carousel_image DIV as a property // This will be used in the carousel.mustache.html template to display the image for (i=0; i < $('.proximized_carousel_image').length; i++) { window.carouselData.carouselStories[i].proximizedImage = $('#carousel_' + i).html().trim(); } // Remove the DOM elements for the proximized images since we already have what we need from them $('#carousel_images').remove(); window.carouselData.preferredTopic = "Commercial" window.carouselData.preferredTopicLink = "/topic/commercial/" window.carouselData.storylineTitle = "" </script> <script type="module" src="/static/js/dist/storylinesCarousel.bundle.js?325815190225" ></script> </section> <aside class="sidebar large-4 columns"> <div class="hybrid-ad-wrapper hide-small show-large"> <div class="hybrid-ad-inner-wrapper"> <div class="hide-small show-large"> <div data-container-ad-unit-id="/21662595662/bankingdive/bankingdivehybrid1-desktop"></div> <div id='dfp-hybrid1-desktop'> <script> waitToLoadAds.push(function() { googletag.cmd.push(function() { if (window.dfp_visibility == 'desktop' ) { googletag.display('dfp-hybrid1-desktop'); googletag.pubads().addEventListener('slotRenderEnded', function (event) { var adUnitPath = '/21662595662/bankingdive/bankingdivehybrid1'; var onProformative = false; if (onProformative && event.slot.getAdUnitPath() === adUnitPath && !event.isEmpty ) { var adUnitPathWithVisibility = adUnitPath + '-desktop'; var selector = '.pf-comments__ad-wrapper [data-container-ad-unit-id="' + adUnitPathWithVisibility + '"]'; if (!$(selector).closest('.pf-comments__ad-wrapper').hasClass('borders')) { $(selector).closest('.pf-comments__ad-wrapper').addClass('borders') } } }); } }); }); </script> </div> </div> </div> </div> <div class="signup sidebar-signup-box hide-small show-large" data-box-priority="0"> <h3 class="sidebar-signup-box__header">Get the free newsletter</h3> <p class="sidebar-signup-box__description">Subscribe to Banking Dive for top news, trends & analysis</p> <form class="form js-form-email-validate" name="signup" action="/signup/" method="POST"> <label for="id_28dd04_email" class="email-input js-email-input"> <span class="screen-reader-text">Email:</span> <input type="email" name="email" placeholder="Work email address" class="email" required id="id_28dd04_email"> </label> <input type="hidden" name="signup_box_location" value="sidebar"> <input type="hidden" name="signup_initial_url_path" value="/news/us-bank-capital-markets-wealth-corporate-trust-philipson/733998/"> <input type="hidden" name="signup_internal_referrer"> <input type="hidden" name="signup_external_referrer"> <input type="hidden" name="referral_url"> <input type="hidden" name="js_enabled" value="0" id="id_28dd04_js_enabled"> <ul class="signup-list list-no-bullets"> <li> <label><span class="screen-reader-text">Select Newsletter:</span></label> <input id="newsletter-sidebar-checkbox-760" type="checkbox" name="site_newsletters" value="760" class="checkbox" /> <label for="newsletter-sidebar-checkbox-760"> <span class="newsletter-title">Daily Dive</span> <span class="secondary-label">M-F</span> </label> </li> <li> <label><span class="screen-reader-text">Select Newsletter:</span></label> <input id="newsletter-sidebar-checkbox-3172" type="checkbox" name="site_newsletters" value="3172" class="checkbox" /> <label for="newsletter-sidebar-checkbox-3172"> <span class="newsletter-title">Fintech Weekly</span> <span class="secondary-label">Every Wednesday</span> </label> </li> <li> <label><span class="screen-reader-text">Select user consent:</span></label> <input type="checkbox" name="user_consent" id="id_user_consent-sidebar" value="1" class="checkbox"/> <label for="id_user_consent-sidebar"> <span class="signup-user-consent_box"> <span> By signing up to receive our newsletter, you agree to our <a href="https://www.techtarget.com/terms-of-use/" target="_blank">Terms of Use</a> and <a href="https://www.techtarget.com/privacy-policy/" target="_blank">Privacy Policy</a>. You can unsubscribe at anytime. </span> </span> </label> </li> </ul> <button class="button button--medium signup-button" type="submit" value="Sign up">Sign up</button> <script type="module" src="/static/js/dist/sendEmailToLytics.bundle.js?325815190225" ></script> <label class="error email_error" style="display:none;">A valid email address is required.</label> <label class="error newsletter-error" style="display:none;">Please select at least one newsletter.</label> </form> </div> <div class="subscriber-demographics demographics-form" id="demographics-box-sidebar"></div> <script src="/static/js/subscriberDemographicsForm.js?450216090125"></script> <script> var siteName = 'Banking Dive' || null; if (siteName) { setupFormCallbackAndCreateFormIfSub(siteName, 'sidebar'); } </script> <div class="sidebar-box" data-box-priority="2"> <h3 class="sidebar-box__header sidebar-box__header--loud"> Most Popular </h3> <ol class="sidebar-box-list sidebar-box-list--ordered"> <li class="sidebar-box-list__item sidebar-box-list__item--ordered flex"> <!-- image --> <div class="sidebar-box-list__image-container"> <a class="analytics t-most-popular-sidebar-item-1 hide-small show-large" href="/news/cfpb-firings-vought-data-destroy-money-transfer-doge-musk-fdic/740190/"> <img class="sidebar-box-list__image" src="https://imgproxy.divecdn.com/7UGnGnoqZDURBCDnrO94B5q_52oZzkekH9XCSvJ8NS8/g:ce/rs:fill:600:338:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy0yMTkzNDY5Njk1LmpwZw==.webp" width="600" height="338" srcset="https://imgproxy.divecdn.com/cWs5jVuNsTJ65F0ckEZzWIJcb1fBbwSWTMxLf2qRqdA/g:ce/rs:fill:300:169:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy0yMTkzNDY5Njk1LmpwZw==.webp 300w, https://imgproxy.divecdn.com/7UGnGnoqZDURBCDnrO94B5q_52oZzkekH9XCSvJ8NS8/g:ce/rs:fill:600:338:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy0yMTkzNDY5Njk1LmpwZw==.webp 600w" sizes="25vw" alt="A man sits at a table as photographers stand over him." loading="lazy" > </a> </div> <div class="sidebar-box-title-container"> <a class="analytics t-most-popular-sidebar-item-1 sidebar-box-list__item-title" href="/news/cfpb-firings-vought-data-destroy-money-transfer-doge-musk-fdic/740190/">Judge halts CFPB firings </a> <!--Article Title--> </div> </li> <li class="sidebar-box-list__item sidebar-box-list__item--ordered flex"> <!-- image --> <div class="sidebar-box-list__image-container"> <a class="analytics t-most-popular-sidebar-item-2 hide-small show-large" href="/news/wells-fargo-clears-10th-consent-order-4-remain/740232/"> <img class="sidebar-box-list__image" src="https://imgproxy.divecdn.com/t7LQkCkq5jwJtwA4LV8-IDbPTBdUj35DYno_sNtOVYo/g:ce/rs:fill:600:338:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy04MzEwNzM5NC5qcGc=.webp" width="600" height="338" srcset="https://imgproxy.divecdn.com/uqWYSWoaw5OfctnYxLeEbzfSTNvmPV7tABgMt_C21Wk/g:ce/rs:fill:300:169:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy04MzEwNzM5NC5qcGc=.webp 300w, https://imgproxy.divecdn.com/t7LQkCkq5jwJtwA4LV8-IDbPTBdUj35DYno_sNtOVYo/g:ce/rs:fill:600:338:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy04MzEwNzM5NC5qcGc=.webp 600w" sizes="25vw" alt="A Wells Fargo flag flies in front of a Wells Fargo bank branch." loading="lazy" > </a> </div> <div class="sidebar-box-title-container"> <a class="analytics t-most-popular-sidebar-item-2 sidebar-box-list__item-title" href="/news/wells-fargo-clears-10th-consent-order-4-remain/740232/">Wells Fargo clears 10th consent order; 4 remain </a> <!--Article Title--> </div> </li> <li class="sidebar-box-list__item sidebar-box-list__item--ordered flex"> <!-- image --> <div class="sidebar-box-list__image-container"> <a class="analytics t-most-popular-sidebar-item-3 hide-small show-large" href="/news/trump-order-independent-agencies-fed-sec-cftc/740359/"> <img class="sidebar-box-list__image" src="https://imgproxy.divecdn.com/L0bDYtWT2UqIeBAi41sc-OwMonSfj3pIC5epIfbVclA/g:ce/rs:fill:600:338:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy0yMjAwNDcyNjIwLmpwZw==.webp" width="600" height="338" srcset="https://imgproxy.divecdn.com/5A81hP4Kfu5K5IP9Rv0ridiCJiWoorPAconFebK4SIw/g:ce/rs:fill:300:169:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy0yMjAwNDcyNjIwLmpwZw==.webp 300w, https://imgproxy.divecdn.com/L0bDYtWT2UqIeBAi41sc-OwMonSfj3pIC5epIfbVclA/g:ce/rs:fill:600:338:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy0yMjAwNDcyNjIwLmpwZw==.webp 600w" sizes="25vw" alt="President Donald Trump holds up a few papers while speaking into a microphone." loading="lazy" > </a> </div> <div class="sidebar-box-title-container"> <a class="analytics t-most-popular-sidebar-item-3 sidebar-box-list__item-title" href="/news/trump-order-independent-agencies-fed-sec-cftc/740359/">Trump order tightens White House grip on Fed, SEC </a> <!--Article Title--> </div> </li> <li class="sidebar-box-list__item sidebar-box-list__item--ordered flex"> <!-- image --> <div class="sidebar-box-list__image-container"> <a class="analytics t-most-popular-sidebar-item-4 hide-small show-large" href="/news/banks-dei-mentions-trump-diversity-inclusion-jpmorgan-citizens/740230/"> <img class="sidebar-box-list__image" src="https://imgproxy.divecdn.com/t0jdbkmSOZh5eNOL878V7Y6Bb1uCyd0qiQDEY40M-ms/g:ce/rs:fill:600:338:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy0xOTI3ODgxMjk3LmpwZw==.webp" width="600" height="338" srcset="https://imgproxy.divecdn.com/UFaEn645cvSjZcmWngmidmudcaHnEgTLNs71I9QKAEo/g:ce/rs:fill:300:169:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy0xOTI3ODgxMjk3LmpwZw==.webp 300w, https://imgproxy.divecdn.com/t0jdbkmSOZh5eNOL878V7Y6Bb1uCyd0qiQDEY40M-ms/g:ce/rs:fill:600:338:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy0xOTI3ODgxMjk3LmpwZw==.webp 600w" sizes="25vw" alt="Two people walk past a Chase bank branch." loading="lazy" > </a> </div> <div class="sidebar-box-title-container"> <a class="analytics t-most-popular-sidebar-item-4 sidebar-box-list__item-title" href="/news/banks-dei-mentions-trump-diversity-inclusion-jpmorgan-citizens/740230/">Banks back away from DEI mentions </a> <!--Article Title--> </div> </li> </ol> </div> <div class="sidebar-box hide-small show-large" data-box-priority="4"> <h3 class="sidebar-box__header">Library resources</h3> <ul class="sidebar-box-list"> <li class="sidebar-box-list__item flex"> <div class='sidebar-box-list__icon sidebar-box-list__icon--loud'> <img src="/static/img/lib_icons/webinar.svg?102717100918" height="25" width="25" alt="editorial resource icon" loading="lazy"> </div> <div> <div class="label label--soft">Virtual Event Playback</div> <a class="analytics t-library-sidebar-item-1 sidebar-box-list__item-title" target="_blank" href="https://events.industrydive.com/events/fighting-payments-fraud-in-2025?utm_source=BD&utm_medium=Library&utm_campaign=Q12025PaymentsDiveLive"> Fighting Payments Fraud in 2025 </a> </div> </li> <li class="sidebar-box-list__item flex"> <div class='sidebar-box-list__icon sidebar-box-list__icon--soft'> <img src="/static/img/lib_icons/playbook-black.svg?141716111021" height="25" width="25" alt="studioID resource icon" loading="lazy"> </div> <div> <div class="label label--soft">Playbook</div> <a class="analytics t-library-sidebar-item-2 sidebar-box-list__item-title" target="_blank" href="https://bankingdive.tradepub.com/c/pubRD.mpl?secure=1&sr=pp&_t=pp:&qf=w_defa7815&ch="> How To Overcome the Challenges of Siloed HR Data </a> <span class="sponsor-label__leading-text secondary-label">Custom content for </span> <span class="sponsor-label__name secondary-label">Workday</span> </div> </li> <li class="sidebar-box-list__item flex"> <div class='sidebar-box-list__icon sidebar-box-list__icon--loud'> <img src="/static/img/lib_icons/whitepaper.svg?102717100918" height="25" width="25" alt="editorial resource icon" loading="lazy"> </div> <div> <a class="analytics t-library-sidebar-item-3 sidebar-box-list__item-title" target="_blank" href="https://www.bankingdive.com/news/trump-bank-regulation-cfpb-chopra-fdic-hill-mergers-acquisitions-capital-one-discover-ai-crypto-aml/738920/"> The Banking Dive Outlook on 2025 </a> </div> </li> </ul> <a class="analytics t-library-sidebar-all sidebar-box__cta" aria-label="View all library items" href="/library/">View all</a> </div> <div class="sidebar-box js-pressrelease-sidebar-box" data-box-priority=" 6 "> <h3 class="sidebar-box__header">Company Announcements</h3> <ul class="sidebar-box-list"> <li class="sidebar-box-list__item flex js-pressrelease" data-pressrelease-full-url="https://www.bankingdive.com/press-release/20250205-the-ultimate-evolution-pepecoins-pepecoin-bold-vision-for-2025-promises-1/"> <div class="sidebar-box-title-container"> <a class="sidebar-box-list__item-title analytics t-pr-sidebar-item" href="/press-release/20250205-the-ultimate-evolution-pepecoins-pepecoin-bold-vision-for-2025-promises-1/">The Ultimate Evolution: PepeCoin’s (PEPECOIN) Bold Vision for 2025 Promises Cutting-Edge Utili…</a> <span class="secondary-label"> From Crypto </span> </div> </li> <li class="sidebar-box-list__item flex js-pressrelease" data-pressrelease-full-url="https://www.bankingdive.com/press-release/20250206-nearly-4x-more-us-gen-z-investors-have-crypto-than-a-retirement-account-yo/"> <div class="sidebar-box-list__thumbnail-container"> <img alt="YouGov America logo" height="48" loading="lazy" src="https://res.cloudinary.com/dmgi9movl/image/upload/dpr_2.0,h_48,w_48/v1738854579/press_release/assets/company_logos/yougov-logo-250x250_dd9xh0.jpg" width="48"/> </div> <div class="sidebar-box-title-container"> <a class="sidebar-box-list__item-title analytics t-pr-sidebar-item" href="/press-release/20250206-nearly-4x-more-us-gen-z-investors-have-crypto-than-a-retirement-account-yo/">Nearly 4x more US Gen Z investors have crypto than a retirement account: YouGov report</a> <span class="secondary-label"> From YouGov America </span> </div> </li> <li class="sidebar-box-list__item flex js-pressrelease" data-pressrelease-full-url="https://www.bankingdive.com/press-release/20250210-advisor-labs-chris-weidemann-to-address-credit-union-leaders-on-the-future-2/"> <div class="sidebar-box-list__thumbnail-container"> <img alt="Advisor Labs logo" height="48" loading="lazy" src="https://res.cloudinary.com/dmgi9movl/image/upload/dpr_2.0,h_48,w_48/v1739227276/press_release/assets/company_logos/ezgif-5421ae5708276a_fo9jyl.jpg" width="48"/> </div> <div class="sidebar-box-title-container"> <a class="sidebar-box-list__item-title analytics t-pr-sidebar-item" href="/press-release/20250210-advisor-labs-chris-weidemann-to-address-credit-union-leaders-on-the-future-2/">Advisor Labs’ Chris Weidemann to Address Credit Union Leaders on the Future of AI at MDC Winte…</a> <span class="secondary-label"> From Advisor Labs </span> </div> </li> <li class="sidebar-box-list__item flex js-pressrelease" data-pressrelease-full-url="https://www.bankingdive.com/press-release/20250212-financial-infidelity-20-of-millennials-say-lying-about-debt-is-worse-than/"> <div class="sidebar-box-list__thumbnail-container"> <img alt="Brigit logo" height="48" loading="lazy" src="https://res.cloudinary.com/dmgi9movl/image/upload/dpr_2.0,h_48,w_48/v1739377326/press_release/assets/company_logos/brigit_logo_eocqgq_douhqj.jpg" width="48"/> </div> <div class="sidebar-box-title-container"> <a class="sidebar-box-list__item-title analytics t-pr-sidebar-item" href="/press-release/20250212-financial-infidelity-20-of-millennials-say-lying-about-debt-is-worse-than/">Financial Infidelity? 20% of Millennials Say Lying About Debt is Worse Than Cheating, Accordin…</a> <span class="secondary-label"> From Brigit </span> </div> </li> </ul> <span class="sidebar-box__cta"> <a class="analytics t-pr-sidebar-all" aria-label="View all press release items" href="/press-release/">View all</a> | <a class="analytics t-pr-sidebar-start" href="/press-release/get-started/">Post a press release</a> </span> </div> <div class="sidebar-box hide-small show-large" data-box-priority="8"> <h3 class="sidebar-box__header">What We're Reading</h3> <ul class="sidebar-box-list"> <li class="sidebar-box-list__item"> <img src="https://www.google.com/s2/favicons?domain=https%3A//news.bloomberglaw.com/banking-law/trump-gets-ready-to-move-bank-regulators-after-workforce-purge" height="16" width="16" alt="" loading="lazy"> <span class="label label--soft">Bloomberg Law</span> <a class="analytics t-wwr-sidebar-item sidebar-box-list__item-title" href="https://news.bloomberglaw.com/banking-law/trump-gets-ready-to-move-bank-regulators-after-workforce-purge" target="_blank"> Trump Gets Ready to Move Bank Regulators After Workforce Purge <img src="/static/img/offsite.svg?141716111021" class="off-site-link" alt="offsite link" height="12" width="12" loading="lazy"> </a> </li> <li class="sidebar-box-list__item"> <img src="https://www.google.com/s2/favicons?domain=https%3A//www.ft.com/content/35483a02-f6eb-4db1-978f-a2ebcc36de6e" height="16" width="16" alt="" loading="lazy"> <span class="label label--soft">Financial Times</span> <a class="analytics t-wwr-sidebar-item sidebar-box-list__item-title" href="https://www.ft.com/content/35483a02-f6eb-4db1-978f-a2ebcc36de6e" target="_blank"> HSBC sets out scale of cost cuts under chief executive’s restructuring plan <img src="/static/img/offsite.svg?141716111021" class="off-site-link" alt="offsite link" height="12" width="12" loading="lazy"> </a> </li> <li class="sidebar-box-list__item"> <img src="https://www.google.com/s2/favicons?domain=https%3A//www.bloomberg.com/opinion/articles/2025-02-19/jamie-dimon-leaked-audio-takes-jpmorgan-backward-on-hybrid-work" height="16" width="16" alt="" loading="lazy"> <span class="label label--soft">Bloomberg</span> <a class="analytics t-wwr-sidebar-item sidebar-box-list__item-title" href="https://www.bloomberg.com/opinion/articles/2025-02-19/jamie-dimon-leaked-audio-takes-jpmorgan-backward-on-hybrid-work" target="_blank"> Opinion: It’s Not What Jamie Dimon Said About WFH. It’s How He Said It <img src="/static/img/offsite.svg?141716111021" class="off-site-link" alt="offsite link" height="12" width="12" loading="lazy"> </a> </li> </ul> <a class="analytics t-wwr-sidebar-all sidebar-box__cta" aria-label="View all what we are reading items" href="/what-we-are-reading">View all</a> </div> <div class="sidebar-box hide-small show-large" data-box-priority="10"> <h3 class="sidebar-box__header">Events</h3> <ul class="sidebar-box-list"> <li class="sidebar-box-list__item flex"> <div class="sidebar-box-list__events-date "> <span class="sidebar-box-list__events-date__day "> 25 </span> <span class="sidebar-box-list__events-date__month "> FEB </span> </div> <div class="sidebar-box-title-container__events"> <span class="label label--soft"> Conference </span> <a class="analytics t-events-sidebar-item sidebar-box-list__item-title sidebar-box-list__item-title--spaced" href="https://shorturl.at/sFUMn" target="_blank" rel="noopener noreferrer">FinovateEurope </a> <span class="label label--weak">London </span><br> <span class="label label--weak-italic">Presented by Informa Connect</span> </div> </li> </ul> <div class="sidebar-box__cta"> <a class="analytics t-events-sidebar-start " href="/selfservice/event-listings/contact">Promote an event</a> </div> </div> <div class="sidebar-box hide-small show-large" data-box-priority="8"> <h3 class="sidebar-box__header">Industry Intel</h3> <ul class="sidebar-box-list"> <li class="sidebar-box-list__item"> <a class="analytics t-intel-sidebar-item sidebar-box-list__item-title" target="_blank" href="http://resources.industrydive.com/2025-financial-services-ai-and-data-predictions"> 2025 Financial Services AI + Data Predictions: The Trends, Headwinds and Opportunities for the Year Ahead </a> <span class="secondary-label secondary-label--all-caps">Webinar - on demand</span> <span class="secondary-label">•</span> <span class="secondary-label">Provided by Snowflake</span> </li> <li class="sidebar-box-list__item"> <a class="analytics t-intel-sidebar-item sidebar-box-list__item-title" target="_blank" href="https://resources.industrydive.com/the-last-mile-of-the-client-experience"> The Last Mile of the Client Experience </a> <span class="secondary-label secondary-label--all-caps">Webinar - on demand</span> <span class="secondary-label">•</span> <span class="secondary-label">Provided by SOCi</span> </li> <li class="sidebar-box-list__item"> <a class="analytics t-intel-sidebar-item sidebar-box-list__item-title" target="_blank" href="https://resources.industrydive.com/payments-modernization-mid-tier-banks"> Payments Modernization for Mid-Tier Banks </a> <span class="secondary-label secondary-label--all-caps">Webinar - on demand</span> <span class="secondary-label">•</span> <span class="secondary-label">Provided by Volante Technologies</span> </li> </ul> </div> <div class="hybrid-ad-wrapper hide-small show-large"> <div class="hybrid-ad-inner-wrapper"> <div class="hide-small show-large"> <div data-container-ad-unit-id="/21662595662/bankingdive/bankingdivehybrid3-desktop"></div> <div id='dfp-hybrid3-desktop'> <script> waitToLoadAds.push(function() { googletag.cmd.push(function() { if (window.dfp_visibility == 'desktop' ) { googletag.display('dfp-hybrid3-desktop'); googletag.pubads().addEventListener('slotRenderEnded', function (event) { var adUnitPath = '/21662595662/bankingdive/bankingdivehybrid3'; var onProformative = false; if (onProformative && event.slot.getAdUnitPath() === adUnitPath && !event.isEmpty ) { var adUnitPathWithVisibility = adUnitPath + '-desktop'; var selector = '.pf-comments__ad-wrapper [data-container-ad-unit-id="' + adUnitPathWithVisibility + '"]'; if (!$(selector).closest('.pf-comments__ad-wrapper').hasClass('borders')) { $(selector).closest('.pf-comments__ad-wrapper').addClass('borders') } } }); } }); }); </script> </div> </div> </div> </div> </aside> </div> </div> </div> <!-- ends page-inner-wrapper --> <section class="pre-footer"> <section class="signup call-out elevated-footer hide-small hide-medium show-large"> <div class="row"> <div class="large-11 medium-11 medium-centered columns footer-signup" style="display: flex"> <div class="footer-signup__content"> <h3>Banking Dive news delivered to your inbox</h3> <p class="subhead">Get the free daily newsletter read by industry experts</p> <form class="form js-form-email-validate" name="signup" action="/signup/" method="POST"> <label for="id_3b13aa_email" class="email-input js-email-input"> <span class="screen-reader-text">Email:</span> <input type="email" name="email" placeholder="Work email address" class="email" required id="id_3b13aa_email"> </label> <input type="hidden" name="signup_box_location" value="elevated_footer"> <input type="hidden" name="signup_initial_url_path" value="/news/us-bank-capital-markets-wealth-corporate-trust-philipson/733998/"> <input type="hidden" name="signup_internal_referrer"> <input type="hidden" name="signup_external_referrer"> <input type="hidden" name="referral_url"> <input type="hidden" name="js_enabled" value="0" id="id_3b13aa_js_enabled"> <ul class="signup-list list-no-bullets"> <li> <label><span class="screen-reader-text">Select Newsletter:</span></label> <input id="newsletter-elevated_footer-checkbox-760" type="checkbox" name="site_newsletters" value="760" class="checkbox" /> <label for="newsletter-elevated_footer-checkbox-760"> <span class="newsletter-title">Daily Dive</span> <span class="secondary-label">M-F</span> </label> </li> <li> <label><span class="screen-reader-text">Select Newsletter:</span></label> <input id="newsletter-elevated_footer-checkbox-3172" type="checkbox" name="site_newsletters" value="3172" class="checkbox" /> <label for="newsletter-elevated_footer-checkbox-3172"> <span class="newsletter-title">Fintech Weekly</span> <span class="secondary-label">Every Wednesday</span> </label> </li> <li> <label><span class="screen-reader-text">Select user consent:</span></label> <input type="checkbox" name="user_consent" id="id_user_consent-elevated_footer" value="1" class="checkbox"/> <label for="id_user_consent-elevated_footer"> <span class="signup-user-consent_box"> <span> By signing up to receive our newsletter, you agree to our <a href="https://www.techtarget.com/terms-of-use/" target="_blank">Terms of Use</a> and <a href="https://www.techtarget.com/privacy-policy/" target="_blank">Privacy Policy</a>. You can unsubscribe at anytime. </span> </span> </label> </li> </ul> <button class="button button--medium signup-button" type="submit" value="Sign up">Sign up</button> <script type="module" src="/static/js/dist/sendEmailToLytics.bundle.js?325815190225" ></script> <label class="error email_error" style="display:none;">A valid email address is required.</label> <label class="error newsletter-error" style="display:none;">Please select at least one newsletter.</label> </form> </div> <div class="footer-signup__image"> <img class="desktop-image" src="/static/img/article-signup.png?320916100822" width="275" height="275" loading="lazy" alt="Daily Dive newsletter example"> </div> </div> </div> </section> <section class="hide-small hide-medium show-large pressrelease-section"> <div class="row pressrelease-footer-box js-pressrelease-footer-box"> <div class="large-12 columns"> <div class="row"> <div class="large-12 columns pressrelease-footer-header"> <h2 class="uppercase-heading-02 pressrelease-footer__heading">Company Announcements</h2> </div> </div> <div class="row"> <div class="large-12 columns pressrelease-footer__cta-links"> <a class="analytics t-pr-edfooter-all" aria-label="View all press release items" href="/press-release/">View all</a> | <a class="analytics t-pr-edfooter-start" href="/press-release/get-started/">Post a press release</a> </div> </div> <div class="row pressrelease-footer__item-list"> <a class="pressrelease-footer-item__anchor analytics t-pr-edfooter-item" href="/press-release/20250205-the-ultimate-evolution-pepecoins-pepecoin-bold-vision-for-2025-promises-1/"> <div class="large-3 columns pressrelease-footer-item js-pressrelease" data-pressrelease-full-url="https://www.bankingdive.com/press-release/20250205-the-ultimate-evolution-pepecoins-pepecoin-bold-vision-for-2025-promises-1/"> <div class="pressrelease-footer-item__title"> The Ultimate Evolution: PepeCoin’s (PEPECOIN) Bold Vision for 2025 Promises Cutting-Edge Utili… </div> <div class="pressrelease-footer-item__description"> <div class="pressrelease-footer-item__company"> <div>From Crypto</div> <div class="press-release-date">February 05, 2025</div> </div> </div> </div> </a> <a class="pressrelease-footer-item__anchor analytics t-pr-edfooter-item" href="/press-release/20250206-nearly-4x-more-us-gen-z-investors-have-crypto-than-a-retirement-account-yo/"> <div class="large-3 columns pressrelease-footer-item js-pressrelease" data-pressrelease-full-url="https://www.bankingdive.com/press-release/20250206-nearly-4x-more-us-gen-z-investors-have-crypto-than-a-retirement-account-yo/"> <div class="pressrelease-footer-item__title"> Nearly 4x more US Gen Z investors have crypto than a retirement account: YouGov report </div> <div class="pressrelease-footer-item__description"> <div class="pressrelease-footer-item__company"> <div>From YouGov America</div> <div class="press-release-date">February 06, 2025</div> </div> <span> <img alt="YouGov America logo" class="pressrelease-footer-item__logo" height="50" loading="lazy" src="https://res.cloudinary.com/dmgi9movl/image/upload/dpr_2.0,h_50,w_50/v1738854579/press_release/assets/company_logos/yougov-logo-250x250_dd9xh0.jpg" width="50"/> </span> </div> </div> </a> <a class="pressrelease-footer-item__anchor analytics t-pr-edfooter-item" href="/press-release/20250210-advisor-labs-chris-weidemann-to-address-credit-union-leaders-on-the-future-2/"> <div class="large-3 columns pressrelease-footer-item js-pressrelease" data-pressrelease-full-url="https://www.bankingdive.com/press-release/20250210-advisor-labs-chris-weidemann-to-address-credit-union-leaders-on-the-future-2/"> <div class="pressrelease-footer-item__title"> Advisor Labs’ Chris Weidemann to Address Credit Union Leaders on the Future of AI at MDC Winte… </div> <div class="pressrelease-footer-item__description"> <div class="pressrelease-footer-item__company"> <div>From Advisor Labs</div> <div class="press-release-date">February 10, 2025</div> </div> <span> <img alt="Advisor Labs logo" class="pressrelease-footer-item__logo" height="50" loading="lazy" src="https://res.cloudinary.com/dmgi9movl/image/upload/dpr_2.0,h_50,w_50/v1739227276/press_release/assets/company_logos/ezgif-5421ae5708276a_fo9jyl.jpg" width="50"/> </span> </div> </div> </a> <a class="pressrelease-footer-item__anchor analytics t-pr-edfooter-item" href="/press-release/20250212-financial-infidelity-20-of-millennials-say-lying-about-debt-is-worse-than/"> <div class="large-3 columns pressrelease-footer-item js-pressrelease" data-pressrelease-full-url="https://www.bankingdive.com/press-release/20250212-financial-infidelity-20-of-millennials-say-lying-about-debt-is-worse-than/"> <div class="pressrelease-footer-item__title"> Financial Infidelity? 20% of Millennials Say Lying About Debt is Worse Than Cheating, Accordin… </div> <div class="pressrelease-footer-item__description"> <div class="pressrelease-footer-item__company"> <div>From Brigit</div> <div class="press-release-date">February 13, 2025</div> </div> <span> <img alt="Brigit logo" class="pressrelease-footer-item__logo" height="50" loading="lazy" src="https://res.cloudinary.com/dmgi9movl/image/upload/dpr_2.0,h_50,w_50/v1739377326/press_release/assets/company_logos/brigit_logo_eocqgq_douhqj.jpg" width="50"/> </span> </div> </div> </a> </div> </div> </div> </section> <div class="row editors-pick-footer hide-small show-large"> <div class="columns medium-7"> <div class="row"> <div class="columns medium-12"> <div class="editors-pick-footer__title"> Editors' picks </div> <ul class="feed"> <li class="row feed__item"> <div class="medium-5 columns"> <figure class="feed__image-container"> <a class="feed__image analytics t-edfooter-edpicks-1" href="/news/jpmorgan-chase-piepszak-coo-pinto-petno-dimon/737259/"> <img class="" src="https://imgproxy.divecdn.com/biO0HAT9eO8c59sZw_b31ck2oGEHjjlP86pCie8AhKw/g:ce/rs:fill:1200:675:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy0xNDkzNTM0OTYyLmpwZw==.webp" width="1200" height="675" srcset="https://imgproxy.divecdn.com/9iGqN7e3ZxbBc4JOdPmN3p-ayKrTYnxsL5-FEOXzsJI/g:ce/rs:fill:300:169:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy0xNDkzNTM0OTYyLmpwZw==.webp 300w, https://imgproxy.divecdn.com/Xp25CObBG2mc76TDAB4wZIksq3UcsnoszDliIJYJjPY/g:ce/rs:fill:600:338:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy0xNDkzNTM0OTYyLmpwZw==.webp 600w, https://imgproxy.divecdn.com/biO0HAT9eO8c59sZw_b31ck2oGEHjjlP86pCie8AhKw/g:ce/rs:fill:1200:675:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy0xNDkzNTM0OTYyLmpwZw==.webp 1200w" sizes="(min-width: 40em ) 25vw, 100vw" alt="JPMorgan Chase building signage in New York City" loading="lazy" > </a> <figcaption> <img class="feed__attribution-icon" src="/static/images/info-icon.png?234917240220" width="16" height="16" alt="Image attribution tooltip" tabindex="0"> <div class="feed__attribution">Michael M. Santiago / Staff via Getty Images</div> <img class="feed__attribution-icon" src="/static/images/info-icon.png?234917240220" width="16" height="16" alt="Image attribution tooltip" tabindex="-1"> </figcaption> </figure> </div> <div class="medium-7 columns"> <h3 class="feed__title feed__title--display"> <a href="/news/jpmorgan-chase-piepszak-coo-pinto-petno-dimon/737259/" class="analytics t-edfooter-edpicks-1"> JPMorgan elevates Piepszak to COO </a> </h3> <p class="feed__description hide-small show-large">Jennifer Piepszak replaces Daniel Pinto, who will retire in 2026. But she indicated she’d rather work in a “senior operating role” than be considered to succeed CEO Jamie Dimon “at this time.”</p> <div class="secondary-label"> By Dan Ennis • <span class="secondary-label">Jan. 14, 2025</span> </div> </div> </li> <li class="row feed__item"> <div class="medium-5 columns"> <figure class="feed__image-container"> <a class="feed__image analytics t-edfooter-edpicks-2" href="/news/2025-trump-cfpb-fed-fdic-merger-acquisition-capital-one-discover-crypto-occ-artificial-intelligence/736809/"> <img class="" src="https://imgproxy.divecdn.com/68IUFi5yJQXu3GCUMDV4174AcagS2_tORP2xbTbt_t4/g:ce/rs:fill:1200:675:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy0xNTc0ODUxNjMuanBn.webp" width="1200" height="675" srcset="https://imgproxy.divecdn.com/8OIOsnmymP9dhdU6BocaGwSQW2_Yd2AMhyOWNVxHvUA/g:ce/rs:fill:300:169:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy0xNTc0ODUxNjMuanBn.webp 300w, https://imgproxy.divecdn.com/_Fzcl4Q6TFNGhIyWSREM1QWfEctG_niQ3CJyu7Mso5w/g:ce/rs:fill:600:338:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy0xNTc0ODUxNjMuanBn.webp 600w, https://imgproxy.divecdn.com/68IUFi5yJQXu3GCUMDV4174AcagS2_tORP2xbTbt_t4/g:ce/rs:fill:1200:675:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy0xNTc0ODUxNjMuanBn.webp 1200w" sizes="(min-width: 40em ) 25vw, 100vw" alt="Bank plaque pictured on a city building housing a financial company." loading="lazy" > </a> <figcaption> <img class="feed__attribution-icon" src="/static/images/info-icon.png?234917240220" width="16" height="16" alt="Image attribution tooltip" tabindex="0"> <div class="feed__attribution">Pgiam via Getty Images</div> <img class="feed__attribution-icon" src="/static/images/info-icon.png?234917240220" width="16" height="16" alt="Image attribution tooltip" tabindex="-1"> </figcaption> </figure> </div> <div class="medium-7 columns"> <h3 class="feed__title feed__title--display"> <a href="/news/2025-trump-cfpb-fed-fdic-merger-acquisition-capital-one-discover-crypto-occ-artificial-intelligence/736809/" class="analytics t-edfooter-edpicks-2"> 6 banking trends to watch in 2025 </a> </h3> <p class="feed__description hide-small show-large">Donald Trump’s return to the White House is expected to make an impression on a number of facets in banking – from regulation to M&A to crypto.</p> <div class="secondary-label"> By Dan Ennis, Rajashree Chakravarty, Caitlin Mullen and Gabrielle Saulsbery • <span class="secondary-label">Jan. 8, 2025</span> </div> </div> </li> </ul> </div> </div> </div> <div class="columns medium-4"> <div class="row newsposts-by-topic"> <div class="columns medium-12"> <div class="editors-pick-footer__title"> Latest in Commercial </div> <div class="newsposts-by-topic-section"> <ul class="feed"> <li class="row feed__item"> <div class="medium-4 columns"> <div class="feed__image-container"> <a class="feed__image analytics t-edfooter-topics-1" href="/news/wells-fargo-clears-10th-consent-order-4-remain/740232/"> <img class="" src="https://imgproxy.divecdn.com/t7LQkCkq5jwJtwA4LV8-IDbPTBdUj35DYno_sNtOVYo/g:ce/rs:fill:600:338:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy04MzEwNzM5NC5qcGc=.webp" width="600" height="338" srcset="https://imgproxy.divecdn.com/uqWYSWoaw5OfctnYxLeEbzfSTNvmPV7tABgMt_C21Wk/g:ce/rs:fill:300:169:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy04MzEwNzM5NC5qcGc=.webp 300w, https://imgproxy.divecdn.com/t7LQkCkq5jwJtwA4LV8-IDbPTBdUj35DYno_sNtOVYo/g:ce/rs:fill:600:338:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy04MzEwNzM5NC5qcGc=.webp 600w" sizes="25vw" alt="A Wells Fargo flag flies in front of a Wells Fargo bank branch." loading="lazy" > </a> </div> </div> <div class="medium-8 columns latest-copy"> <div class="display-heading-01"> <a class="analytics t-edfooter-topics-1" href="/news/wells-fargo-clears-10th-consent-order-4-remain/740232/"> Wells Fargo clears 10th consent order; 4 remain </a> </div> <div class="secondary-label"> By Rajashree Chakravarty </div> </div> </li> <li class="row feed__item"> <div class="medium-4 columns"> <div class="feed__image-container"> <a class="feed__image analytics t-edfooter-topics-2" href="/news/wells-fargo-faces-labor-board-complaint-over-union-vote/740093/"> <img class="" src="https://imgproxy.divecdn.com/h6aej3El27I-A0nMK7P5qm6VCdJPFSkswtD0P-hbByo/g:ce/rs:fill:600:338:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9XZWxsc19GYXJnb19icmFuY2guanBn.webp" width="600" height="338" srcset="https://imgproxy.divecdn.com/VnhQ5osxSBoGfrNCSe0WdJ05TZQEIqZZyNaK2aqdgLg/g:ce/rs:fill:300:169:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9XZWxsc19GYXJnb19icmFuY2guanBn.webp 300w, https://imgproxy.divecdn.com/h6aej3El27I-A0nMK7P5qm6VCdJPFSkswtD0P-hbByo/g:ce/rs:fill:600:338:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9XZWxsc19GYXJnb19icmFuY2guanBn.webp 600w" sizes="25vw" alt="Wells Fargo branch exterior" loading="lazy" > </a> </div> </div> <div class="medium-8 columns latest-copy"> <div class="display-heading-01"> <a class="analytics t-edfooter-topics-2" href="/news/wells-fargo-faces-labor-board-complaint-over-union-vote/740093/"> Wells Fargo faces labor board complaint over union vote </a> </div> <div class="secondary-label"> By Rajashree Chakravarty </div> </div> </li> <li class="row feed__item"> <div class="medium-4 columns"> <div class="feed__image-container"> <a class="feed__image analytics t-edfooter-topics-3" href="/news/bank-regulatory-changes-supervision-cfpb-occ-trump-bofa-moynihan-jpmorgan/739952/"> <img class="" src="https://imgproxy.divecdn.com/30vFypbx6WGolCaSs8wG9NfgbkMK6H3LKvfOCozKHxI/g:ce/rs:fill:600:338:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy01MzE3NDc0M19RWjlxcnYyLmpwZw==.webp" width="600" height="338" srcset="https://imgproxy.divecdn.com/1kpflyOjvWcGW15JURk9WqviU1Lu-DC-OyywTizdgHk/g:ce/rs:fill:300:169:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy01MzE3NDc0M19RWjlxcnYyLmpwZw==.webp 300w, https://imgproxy.divecdn.com/30vFypbx6WGolCaSs8wG9NfgbkMK6H3LKvfOCozKHxI/g:ce/rs:fill:600:338:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy01MzE3NDc0M19RWjlxcnYyLmpwZw==.webp 600w" sizes="25vw" alt="bank of america flag waving in Charlotte" loading="lazy" > </a> </div> </div> <div class="medium-8 columns latest-copy"> <div class="display-heading-01"> <a class="analytics t-edfooter-topics-3" href="/news/bank-regulatory-changes-supervision-cfpb-occ-trump-bofa-moynihan-jpmorgan/739952/"> ‘Taking stock’: BofA and JPMorgan execs weigh in on Trump 2.0 </a> </div> <div class="secondary-label"> By Caitlin Mullen </div> </div> </li> <li class="row feed__item"> <div class="medium-4 columns"> <div class="feed__image-container"> <a class="feed__image analytics t-edfooter-topics-4" href="/news/mandy-defilippo-named-stancharts-us-americas-ceo/739880/"> <img class="" src="https://imgproxy.divecdn.com/s6ECPfm-RCL-s5pMkpHRUg3QuSUs0zXvlyw7nApDnrg/g:nowe:107:189/c:2889:1632/rs:fill:600:338:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy0xNDk5MzU2NTQuanBn.webp" width="600" height="338" srcset="https://imgproxy.divecdn.com/3cK5X1WIJYIWCFyJZhrrJr55p5TvaEndl4SA9vvoEHg/g:nowe:107:189/c:2889:1632/rs:fill:300:169:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy0xNDk5MzU2NTQuanBn.webp 300w, https://imgproxy.divecdn.com/s6ECPfm-RCL-s5pMkpHRUg3QuSUs0zXvlyw7nApDnrg/g:nowe:107:189/c:2889:1632/rs:fill:600:338:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy0xNDk5MzU2NTQuanBn.webp 600w" sizes="25vw" alt="A man smokes outside a Standard Chartered bank location." loading="lazy" > </a> </div> </div> <div class="medium-8 columns latest-copy"> <div class="display-heading-01"> <a class="analytics t-edfooter-topics-4" href="/news/mandy-defilippo-named-stancharts-us-americas-ceo/739880/"> Mandy DeFilippo named Standard Chartered’s top US exec </a> </div> <div class="secondary-label"> By Gabrielle Saulsbery </div> </div> </li> </ul> </div> </div> </div> </div> </div> </section> <hr class="footer-hr"> <footer> <div class="custom-article-footer"> <div class="row columns"> <div class="footer-grid"> <div class="footer-links"> <a href="https://www.industrydive.com"> <img class="pub-logo-footer" src="https://d12v9rtnomnebu.cloudfront.net/logo/corporate/ID_black.svg" alt="Industry Dive Logo" height="28" loading="lazy"/> </a> <ul class="social-icon-list social-icon-list__footer"> <li> <a href="https://www.linkedin.com/company/banking-dive/about/" aria-label="Industry Dive LinkedIn" class="social-icon-footer analytics t-sitefooter-linkedin"> <img src="/static/img/social_icons/article_page/linkedin.svg?092716141024" alt="linkedin icon"> </a> </li> <li> <a href="https://www.facebook.com/Banking-Dive-510756622789753" aria-label="Industry Dive Facebook" class="social-icon-footer analytics t-sitefooter-facebook"> <img src="/static/img/social_icons/article_page/facebook.svg?440116200824" alt="facebook icon"> </a> </li> <li> <a href="https://twitter.com/bankingdive" aria-label="Industry Dive X/Twitter" class="social-icon-footer analytics t-sitefooter-twitter"> <img src="/static/img/social_icons/article_page/x.svg?092716141024" alt="x icon"> </a> </li> <li> <a href="https://www.bankingdive.com/feeds/news/" aria-label="Industry Dive RSS feed" class="social-icon-footer analytics t-sitefooter-rss"> <img src="/static/img/social_icons/article_page/rss.svg?440116200824" alt="rss feed icon"> </a> </li> </ul> </div> <div class="link-wrapper"> <div class="footer-links"> <h4 class="uppercase-heading-01">Explore</h4> <ul class="list-no-bullets"> <li> <a href="/about/" class="analytics t-about-sitefooter">About</a> </li> <li> <a href="/editors/" class="analytics t-editors-sitefooter">Editorial Team</a> </li> <li> <a href="/contact/" class="analytics t-feedback-sitefooter">Contact Us</a> </li> <li> <a href="/signup/?signup_location=footer-list&signup_path=/news/us-bank-capital-markets-wealth-corporate-trust-philipson/733998/" class="analytics t-signup-sitefooter">Newsletter</a> </li> <li> <a href="/selfservice/article-licensing/submit/" class="analytics t-licensing-sitefooter">Purchase Licensing Rights</a> </li> <li> <a class="analytics t-pr-sitefooter-all" href="/press-release/">Press Releases</a> </li> <li> <a href="/what-we-are-reading/" class="analytics t-wwr-sitefooter">What We're Reading</a> </li> </ul> </div> <div class="second-column"> <div class="footer-links"> <h4 class="uppercase-heading-01">Reach our audience</h4> <ul class="list-no-bullets"> <li> <a href="/advertise/" class="analytics t-advertising-sitefooter">Advertising</a> </li> <li> <a class="analytics t-pr-sitefooter-all" href="/press-release/get-started/">Post a press release</a> </li> <li> <a class="analytics t-pr-sitefooter-all" href="/opinion/">Submit an opinion piece</a> </li> <li> <a class="analytics t-events-sitefooter-start" href="/selfservice/event-listings/contact">Promote an event</a> </li> </ul> </div> <div class="footer-links"> <h4 class="uppercase-heading-01">Related Publications</h4> <ul class="list-no-bullets"> <li> <a href="https://www.cfodive.com/" class="analytics t-sitefooter-related-cfo-dive">CFO Dive</a> </li> <li> <a href="https://www.paymentsdive.com/" class="analytics t-sitefooter-related-payments-dive">Payments Dive</a> </li> </ul> </div> </div> </div> </div> </div> </div> </footer> <hr class="footer-hr"> <div class="baseline-footer-wrapper"> <div> <div> Industry Dive is an Informa TechTarget business. </div> </div> <div class="baseline-footer"> © 2025 TechTarget, Inc. or its subsidiaries. All rights reserved. | View our <a href="https://www.industrydive.com/industries/">other publications</a> | <a href="https://www.techtarget.com/privacy-policy/">Privacy policy</a> | <a href="https://www.techtarget.com/terms-of-use/">Terms of use</a> | <a href="https://www.industrydive.com/takedown-policy/">Take down policy</a>. <br> <a href="#" onclick="Osano.cm.showDrawer('osano-cm-dom-info-dialog-open')">Cookie Preferences / Do Not Sell</a> </div> <div class="informa-legal-notice"> This website is owned and operated by Informa TechTarget, part of a global network that informs, influences and connects the world's technology buyers and sellers. All copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. TechTarget, Inc.'s registered office is 275 Grove St. Newton, MA 02466. </div> </div> </div> </div> <!-- mobile menu, not visible on desktop, must go AFTER footer --> <nav class="mobile-menu"> <div class="mm-top-bar"> <button class="mobile-menu-toggle"> <img src="/static/img/menu_icons/close.svg?273117231121" width="20" height="20" alt="close menu"/> </button> <div class="mm-search"> <form action="/search/" method="GET" data-ajax="false"> <label for="search-mobile"> <span class="screen-reader-text">Search</span> <input id="search-mobile" type="search" name="q" placeholder="Search" data-role="none"> </label> <button type="submit" value="" data-role="none" class="search-button-front analytics t-search-navigation-mobile"> <img src="/static/img/menu_icons/search.svg?320116291121" width="15" height="15" alt="search"> </button> </form> </div> </div> <ul class="mm-list list-no-bullets"> <li> <a href="/" class="analytics t-dash-navigation-mobile"> <span>Home</span> </a> </li> <li class="mm-accordion"> <button> <span>Topics</span> <span class="accordion-toggle-arrow"> <img src="/static/img/menu_icons/chevron_down.svg?102717100918" width="16" height="9" alt="down arrow" loading="lazy"> </span> </button> <ul class="list-no-bullets"> <li> <a class="analytics t-topic-navigation-mobile-commercial" href="/topic/commercial/">Commercial</a> </li> <li> <a class="analytics t-topic-navigation-mobile-retail" href="/topic/retail/">Retail</a> </li> <li> <a class="analytics t-topic-navigation-mobile-credit-unions" href="/topic/credit-unions/">Credit Unions</a> </li> <li> <a class="analytics t-topic-navigation-mobile-payments" href="/topic/payments/">Payments</a> </li> <li> <a class="analytics t-topic-navigation-mobile-regulations-policy" href="/topic/regulations-policy/">Regulations & Policy</a> </li> <li> <a class="analytics t-topic-navigation-mobile-technology" href="/topic/technology/">Technology</a> </li> <li> <a class="analytics t-topic-navigation-mobile-risk" href="/topic/risk/">Risk</a> </li> <li> <a class="analytics t-topic-navigation-mobile-fintech" href="/topic/fintech/">Fintech</a> </li> </ul> </li> <li> <a href="/deep-dive/" class="analytics t-deepdive-navigation-mobile"> <span>Deep Dive</span> </a> </li> <li> <a href="/opinion/" class="analytics t-opinion-navigation-mobile"> <span>Opinion</span> </a> </li> <li> <a href="/library/" class="analytics t-library-navigation-mobile"> <span>Library</span> </a> </li> <li> <a href="/events/" class="analytics t-events-navigation-mobile"> <span>Events</span> </a> </li> <li> <a href="/press-release/" class="analytics t-press-releases-navigation-mobile"> <span>Press Releases</span> </a> </li> </ul> <section class="signup mm-signup"> <div class="row"> <div class="large-9 medium-10 medium-centered columns"> <h3 class="display-heading-03 display-heading-03--loud">Get Banking Dive in your inbox</h3> <p class="subhead">The free newsletter covering the top industry headlines</p> <form class="form js-form-email-validate" name="signup" action="/signup/" method="POST"> <label for="id_cdca9d_email" class="email-input js-email-input"> <span class="screen-reader-text">Email:</span> <input type="email" name="email" placeholder="Work email address" class="email" required id="id_cdca9d_email"> </label> <input type="hidden" name="signup_box_location" value="integrated_menu"> <input type="hidden" name="signup_initial_url_path" value="/news/us-bank-capital-markets-wealth-corporate-trust-philipson/733998/"> <input type="hidden" name="signup_internal_referrer"> <input type="hidden" name="signup_external_referrer"> <input type="hidden" name="referral_url"> <input type="hidden" name="js_enabled" value="0" id="id_cdca9d_js_enabled"> <ul class="signup-list list-no-bullets"> <li> <label><span class="screen-reader-text">Select Newsletter:</span></label> <input id="newsletter-integrated_menu-checkbox-760" type="checkbox" name="site_newsletters" value="760" class="checkbox" /> <label for="newsletter-integrated_menu-checkbox-760"> <span class="newsletter-title">Daily Dive</span> <span class="secondary-label">M-F</span> </label> </li> <li> <label><span class="screen-reader-text">Select Newsletter:</span></label> <input id="newsletter-integrated_menu-checkbox-3172" type="checkbox" name="site_newsletters" value="3172" class="checkbox" /> <label for="newsletter-integrated_menu-checkbox-3172"> <span class="newsletter-title">Fintech Weekly</span> <span class="secondary-label">Every Wednesday</span> </label> </li> <li> <label><span class="screen-reader-text">Select user consent:</span></label> <input type="checkbox" name="user_consent" id="id_user_consent-integrated_menu" value="1" class="checkbox"/> <label for="id_user_consent-integrated_menu"> <span class="signup-user-consent_box"> <span> By signing up to receive our newsletter, you agree to our <a href="https://www.techtarget.com/terms-of-use/" target="_blank">Terms of Use</a> and <a href="https://www.techtarget.com/privacy-policy/" target="_blank">Privacy Policy</a>. You can unsubscribe at anytime. </span> </span> </label> </li> </ul> <button class="button button--medium signup-button" type="submit" value="Sign up">Sign up</button> <script type="module" src="/static/js/dist/sendEmailToLytics.bundle.js?325815190225" ></script> <label class="error email_error" style="display:none;">A valid email address is required.</label> <label class="error newsletter-error" style="display:none;">Please select at least one newsletter.</label> </form> </div> </div> </section> </nav> <script src="/static/js/news.js?543416080722" async></script> <script> //Add styling for pdf only if admin button is clicked $(".download-promoted-story-button").click(function(){ $("body").addClass("admin-pdf-styling"); }); $(".js-social-button-print, .js-social-icon-print").click(function(){ if ($("body").hasClass("admin-pdf-styling")){ $("body").removeClass("admin-pdf-styling"); } }); </script> <script type="application/ld+json"> { "@context": "https://schema.org", "@type": "NewsArticle", "headline": "U.S. Bank bets on capital markets boost", "image": [ "https://imgproxy.divecdn.com/bLRY07OF0J3VCK7gE3il_GALXF81ptgLfP22ruBp684/g:ce/rs:fill:1200:1200:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9VU0JhbmtUb3dlcl9DQV8zeDIuanBn.webp", "https://imgproxy.divecdn.com/eycUSsMUqSrYLyhE-FRSP6oZ4PF0bH2vb5bkWdE-GkQ/g:ce/rs:fill:1200:900:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9VU0JhbmtUb3dlcl9DQV8zeDIuanBn.webp", "https://imgproxy.divecdn.com/MFMc_LAdOeqxX7mJkeEtTscoisCOZzYaZ1Ro8SlmiMU/g:ce/rs:fill:1200:675:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9VU0JhbmtUb3dlcl9DQV8zeDIuanBn.webp" ], "datePublished": "2024-11-26T08:16:40", "dateModified": "", "author": [ { "@type": "Person", "name": "Caitlin Mullen", "url": "www.bankingdive.com/editors/cmullen/" } ] } </script> <script type="module" src="/static/js/dist/article.bundle.js?325815190225" ></script> <!-- Track signups for Facebook Conversions API --> <script type="module" src="/static/js/dist/signupValidation.bundle.js?325815190225" ></script> <script type="module" src="/static/js/dist/gtmEvents.bundle.js?325815190225" ></script> <!-- Convert straight quotes to curly --> <script type="module" src="/static/js/dist/smartQuotes.bundle.js?325815190225" ></script> <script> // Set cookie if we're on mobile app. Expire if we're not. This affects // which template is used to display the site to the user. $(document).ready(function() { // Get integer value of mobileapp param from URL and default to 0 if it doesn't exist var mobileapp = ''; // Set cookie if mobileapp is 1 or 2 or expire cookie if mobileapp == 0 if (mobileapp == '0') { document.cookie = 'mobileapp=; path=/; expires=Thu, 01 Jan 1970 00:00:01 GMT;'; } else if (mobileapp == '1' || mobileapp == '2') { document.cookie = 'mobileapp=' + mobileapp + '; path=/;'; } // There's no need to immediately load or preload print.css since it's not needed on page // load. Therefore, load it when the document is ready var stylesheet=document.createElement("link"); stylesheet.setAttribute("rel", "stylesheet"); stylesheet.setAttribute("type", "text/css"); stylesheet.setAttribute("media", "print"); if (window.location.pathname.includes('trendline')) { stylesheet.setAttribute("href", "/static/css/print_trendline.css?275715190225"); } else { stylesheet.setAttribute("href", "/static/css/print.css?275715190225"); } document.getElementsByTagName("head")[0].appendChild(stylesheet); }); </script> <!-- Sailthru Horizon --> <!-- <script type="text/javascript" src="https://ak.sail-horizon.com/horizon/v1.js"></script> --> <script src="https://ak.sail-horizon.com/spm/spm.v1.min.js"></script> <script type="text/javascript"> $(function() { // Sailthru Personalization Engine Setup var sailthru_setup = { customerId: '12ab35a80530ffa5450add9c09f5de04', domain: 'horizon.bankingdive.com', spider: true }; if (window.Sailthru) { Sailthru.init(sailthru_setup); } }); </script> <script>(function(){function c(){var b=a.contentDocument||a.contentWindow.document;if(b){var d=b.createElement('script');d.innerHTML="window.__CF$cv$params={r:'914d890b6d624a29',t:'MTc0MDA0NDQyOC4wMDAwMDA='};var a=document.createElement('script');a.nonce='';a.src='/cdn-cgi/challenge-platform/scripts/jsd/main.js';document.getElementsByTagName('head')[0].appendChild(a);";b.getElementsByTagName('head')[0].appendChild(d)}}if(document.body){var a=document.createElement('iframe');a.height=1;a.width=1;a.style.position='absolute';a.style.top=0;a.style.left=0;a.style.border='none';a.style.visibility='hidden';document.body.appendChild(a);if('loading'!==document.readyState)c();else if(window.addEventListener)document.addEventListener('DOMContentLoaded',c);else{var e=document.onreadystatechange||function(){};document.onreadystatechange=function(b){e(b);'loading'!==document.readyState&&(document.onreadystatechange=e,c())}}}})();</script></body> </html>