The company's $800 million goodwill impairment charge may reflect macroeconomic factors, but also likely resulted from a purchase of HSBC branches two years ago. Other banks are unlikely to face the exact same issues, observers said.

Breaking News

The price of crude oil has fallen 25% in four months, but banks most closely tied to the energy industry aren't worried. They say risk-mitigation strategies make a bust unlikely, and it would take a severe and prolonged slump to hurt credit quality.

John Allison, the former chief executive of BB&T, has written another book, this time offering his free-market prescription for producing better leaders in America.

Most of the securitized single-family market is currently exempt, but only a tiny part of the commercial equivalent is. However, nonexempt commercial will get more expensive to issue, and the single-family exemption could change.

To win over younger customers, banks must offer free products that work straight out of the box, while also reducing red tape. To hire the best millennial-generation employees, banks need to appeal to younger workers' global values.
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Executives at regional banks around the country have reported a wide variation in quarterly loan growth (some good, some not) as economic volatility, heavy competition and new regulatory requirements present obstacles.

Concerns still remain among community bankers that examiners could push individual community banks to undergo stress tests, even if the agencies refuse to make it mandatory.

The Mississippi company withdrew two merger applications in August after the FDIC targeted its Bank Secrecy Act compliance. Management says they have made significant progress and are looking forward to a follow up exam early next year.

The GSE regulator's second attempt to stimulate the mortgage market is receiving a lukewarm reception from lenders, who remain gun-shy after being forced by Fannie and Freddie to repurchase billions of dollars in soured loans since 2008.
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Huntington Bancshares says spend — it plans to expand its branch network next year — but SunTrust, BB&T and First Horizon are of a mind to keep cutting costs.

Enterprise Financial wants to show that mortgages made to legal immigrants that have taxpayer ID numbers are actually safe credit risks, and it is testing the philosophy at a branch in Kansas City, Kan.

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