Jeff Horwitz, Kate Berry | May 17
In a sign of renewed pressure on mortgage servicers, a number of big banks have ceased or dramatically slowed the final step in the foreclosure process.
Harry Terris | May 16
The latest monthly reports from credit card issuers provide more evidence that loss rates will stay abnormally low longer than thought just a few months ago.
Harry Terris | May 15
Margin compression once again overpowered loan growth in the first quarter, sapping banks’ traditional source of revenue.
Harry Terris | May 09
In three years of “say-on-pay” votes since Dodd-Frank, investors have widely acquiesced to double-digit increases in bank executive compensation.
Harry Terris | May 08
Small banks’ perch in small-business lending is being steadily eroded by large, credit-card issuing competitors.
Harry Terris | Apr 30
Median chief executive pay raises slowed from the year before but look healthy compared with stagnant revenues and languishing stock prices.
Apr 30
Large bank CEOs rake in far more than their small bank peers, but large bank CEO pay represents a small fraction of total payroll expense.
Apr 30
The median increase in CEO pay was brisk at 11% in 2012, but slower than the median 16% increase in 2011. Click on column headers to sort.
Harry Terris | Apr 18
B of A just recorded its lowest provision for buybacks of bad mortgages in years, and JPMorgan Chase has been reducing its reserves, but most claims from private investors are unresolved.
Harry Terris | Apr 15
Credit card delinquencies ticked down in March, and releases of reserves for loan losses boosted first quarter profits.
Harry Terris | Apr 11
Share buybacks have been dormant at big banks and dividends remain slim, but capital payouts are gaining momentum after this winter’s stress tests.
Harry Terris | Apr 09
Bankers cite still-tepid credit demand as lending loses momentum, and worries over deteriorating standards and pricing.
Harry Terris | Apr 03
Analysts are skeptical lenders can cut overhead fast enough to keep up with a projected collapse in mortgage volume. Some banks are intent on taking a bigger piece of the pie.
Harry Terris | Mar 27
For banks looking to poach customers disaffected by mergers among rivals, there is plenty of opportunity. More than 20% of deposits have changed hands recently in about 50 markets around the country.
Harry Terris | Mar 22
Big banks reversed a buildup in long-dated bonds over the last two quarters, a reassuring development amid worries that they might “reach for yield.”
