Chris Cumming

Recent Stories From this Author

N.Y. Community Profits from Asset Sales, Seeks SIFI Reform
January 29, 2015 New York Community Bancorp wants Washington to raise the asset size for systemically important financial institutions, but in...

Oil Concerns Dominate Quarterly Calls for Zions and Other Banks
January 27, 2015 Zions Bancorp. on Monday reported improvement in its net interest margin and noninterest revenue, along with progress in...

Zions Ups Loan-Loss Reserves to Cover Energy Risk
January 26, 2015 Zions Bancorp earned $73.2 million in the fourth quarter, compared to a loss of $59 million in the same period of 2013, when...

Scuttled Deal Indicates Possible Roadblock for Mutual Mergers
January 26, 2015 Two Pennsylvania banks recently called off a mutual conversion/merger after the FDIC rejected it on policy grounds. The...

Georgia Bank, Creditor End Trust-Preferred Bankruptcy Fight
January 23, 2015 A small Georgia lender has reached a deal to avoid a threatened involuntary bankruptcy, though the resolution is likely to...

Fee Income: A Great Plan B If You've Got It
January 22, 2015 BB&T and KeyCorp's quarterly results showed how more diversified regional banks can turn to their insurance sales, investment...

KeyCorp's Earnings Rise 7% on Fee-Income Gains
January 22, 2015 KeyCorp in Cleveland beat earnings forecasts on the strength of increased fee income.

Consumer Benefit of Citi's Mortgage Settlement 'Mixed', Monitor Says
January 21, 2015 Citigroup has begun forgiving some consumer debt in accordance with a July settlement with the Justice Department, but this is...

Community Banks Struggling with Fee-Based Diversification
January 5, 2015 Smaller banks are eager to launch new businesses to increase noninterest income. But a new survey indicates that many are...

Banks Make Progress Freeing Selves from FDIC Loss-Sharing Pacts
January 2, 2015 It hasn't been easy for banks to get out of loss-sharing agreements with the FDIC, but Bank of the Ozarks recently secured the...

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