-
Advocates for depositor-owned banks hope Warsaw Federal's $5 million capital raise will serve as a template for institutions in need of more capital than retained earnings can provide.
September 11 -
Underlying U.S. inflation unexpectedly picked up in August on higher prices for housing and travel, undercutting the chances of an outsize Federal Reserve interest-rate cut next week.
September 11 -
When it comes to delivering superior return on average equity, smaller banks frequently punch above their weight, according to a recent study by Capital Performance Group and American Banker.
September 11 -
Berkshire Hathaway began selling BofA shares in July and has whittled its stake down to just above 11%.
September 11 -
Large banks welcomed regulators' proposed changes to last year's controversial reform package, but remain skeptical about the need for more capital.
September 11 -
Vice President Kamala Harris sought to outline proposals on housing and a child tax credit, while former President Donald Trump highlighted an aggressive tariff plan.
September 10 -
Mark McArdle advised attendees to remain cautious about the reasons behind implementation of artificial intelligence.
September 10 -
The North Carolina bank lowered its medium-term target for return on tangible common equity target, reflecting the fact that the financial projections for the merger of BB&T and SunTrust Banks have not come to fruition.
September 10 -
The largest U.S. bank will likely record lower net interest income and higher expenses in 2025 than Wall Street had forecast, a top executive said Tuesday.
September 10 -
Federal Reserve Governor Michelle Bowman called for reforms to reduce volatility, increase transparency and address overlaps in stress tests and capital requirements for banks.
September 10