What changed in banking regulation and policy this week?
Government decisions, new rules and policy shifts reported this week.
The U.S. Office of the Comptroller of the Currency (OCC) granted preliminary conditional approval for a federal bank charter to World Liberty Trust Co. on Friday, August 14, 2026.
Read at coindesk.com ↗The collapse of the federal SAVE student loan repayment plan, following a March 2026 court judgment, has led to a significant rise in loan delinquencies.
Read at thestreet.com ↗Bank of America has updated its remote work policy to prohibit employees from taking two consecutive remote days, including the Friday-to-Monday period.
Read at bankingdive.com ↗The Office of the Comptroller of the Currency (OCC) granted preliminary conditional approval to World Liberty Trust Company, a Florida-based national trust bank linked to the Trump family's World Liberty Financial.
Read at decrypt.co ↗What funding rounds and acquisitions happened in banking this week?
The week’s notable investments, financing rounds, acquisitions and strategic deals.
Citigroup's U.S. Consumer Cards business has entered into a definitive agreement to acquire the fintech company Kard Financial, Inc. The acquisition aims to integrate Kard's commerce media and rewards platform to enhance customer engagement through personalized offers.
Read at finextra.com ↗Bank of America has entered into an agreement to acquire a 49.9% stake in the Indian digital lender Jio Credit.
Read at finextra.com ↗What products launched in banking this week?
Notable product launches, releases and platform updates from the week.
Mitsubishi UFJ Financial Group (MUFG) has initiated a proof-of-concept trial to move Japanese Government Bond (JGB) repo transactions onto the Canton Network blockchain.
Read at finextra.com ↗Chime Financial is exploring the integration of stablecoin wallet services into its consumer application.
Read at paymentsjournal.com ↗Consumer banking fintech firm Chime Financial is reportedly exploring the integration of stablecoin features into its mobile application.
Read at finextra.com ↗What financial results were reported in banking this week?
Earnings, guidance and other financial results reported this week.
The S&P 500 reached 7,800 points on August 14, 2026, as inflation data showed the consumer price index rose 0.1% in July.
Read at courthousenews.com ↗JPMorgan Chase terminated its banking relationship with the prediction platform Polymarket in October 2025 due to regulatory concerns.
Read at coindesk.com ↗New lending to property investors in Australia fell by 8.6% in the June quarter, according to data from the Australian Bureau of Statistics.
Read at theguardian.com ↗What court rulings and legal actions hit banking this week?
Court rulings, filings and legal actions reported this week.
JPMorgan Chase has terminated its banking relationship with the prediction market platform Polymarket due to regulatory concerns.
Read at ft.com ↗On June 13, 2025, Judge Noël Wise of the Northern District of California denied KPMG's motion to dismiss in the securities litigation regarding the collapse of Silicon Valley Bank.
Read at cpajournal.com ↗The Court of Appeal, led by Lady Justice Cockerill, ruled in favor of Steven Orton in his appeal against Barclays Bank regarding costs penalties in a small claims case.
Read at lawgazette.co.uk ↗Senator Cynthia Lummis, former Senator Pat Toomey, the Digital Chamber, and the Blockchain Association have filed briefs supporting Custodia Bank in its legal battle for a Federal Reserve master account.
Read at bankingdive.com ↗4 of 5 courts and legal events are listed; the rest were ranked lower by importance and multi-source corroboration and are not shown.
What research was published in banking this week?
New research findings and studies published this week.
Moody's released a report on August 14, 2026, warning that rising temperatures and water scarcity threaten global asset valuations, particularly in real estate.
Read at bisnow.com ↗What incidents and outages hit banking this week?
Incidents, outages and safety events reported this week.
Four individuals were arrested in Brazil and three others charged in Europe following a €30 million bank fraud scheme targeting Commerzbank customers.
Read at bleepingcomputer.com ↗What partnerships were announced in banking this week?
Partnerships, integrations and joint projects announced this week.
Bank Leumi, Israel's largest bank, plans to launch cryptocurrency trading for Bitcoin, Ethereum, and Solana by early 2027.
Read at decrypt.co ↗What else happened in banking this week?
Developments from the week that fit none of the other sections.