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Chris Cumming

Recent Stories From this Author

New York Community Could Stunt Growth to Delay SIFI Status
July 23, 2014 CEO Joe Ficalora says the thrift has ways it can buy time to announce a transformative acquisition or benefit from a change in...

New York Community's Profit Slips as It Nears $50B in Assets
July 23, 2014 New York Community Bancorp's quarterly profit slipped from a year earlier despite strong loan growth and gains from property...

Regions Boosts Loans, Margins, Profits
July 22, 2014 Regions Financial in Birmingham, Ala., met bullish second-quarter earnings expectations as loan growth offset a decline in fee...

Advocacy Group Secures Review of California Branch Deal
July 18, 2014 A community group has succeeded in forcing additional scrutiny of Banc of California's expansion plans.

Fulton Financial Ordered to Fix Anti-Laundering Controls
July 18, 2014 Regulators have ordered Fulton Financial (FULT) in Lancaster, Pa., to strengthen its Bank Secrecy Act and anti-money...

Regional Banks Struggle to Find More Ways to Cut Costs
July 17, 2014 The ongoing search for expense cuts continues, as investors wonder why regional banks such as KeyCorp, Fifth Third, Webster...

People's United Forms Payments Unit, Beats Earnings Estimates
July 17, 2014 People's United in Bridgeport, Conn., has started a payments firm in partnership with Vantiv in a move that aided the...

Webster Misses 2Q Estimate on Reduced Mortgage Fees
July 17, 2014 Webster Financial (WBS) in Waterbury, Conn., reported higher quarterly earnings but missed its earnings targets as...

Banc of California, Advocacy Group Spar over CRA Plan
July 16, 2014 A community group opposes Banc of California's plans to buy 20 branches, saying management isn't being open about plans to...

Profit Replacing Book Value as Bank Investor Gauge
July 15, 2014 The industry is slowly turning to valuations based on earnings rather than tangible book value, raising concerns that banks...

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