Eric Luse

Partner

Eric Luse is partner of the Washington law firm of Luse Gorman PC. He has been representing banks, savings institutions and holding companies for more than 30 years, and specializes in mergers and acquisitions, capital formation, corporate and securities law, executive compensation and general bank regulatory and enforcement matters.

Mutual banks

Dear Congress: Mutuals need relief from Fed rule

The central bank’s dividend waiver rule has severely limited the formation of mutual holding companies.

By Eric Luse

August 8

TRENDING

Earnings

Key is downbeat on U.S. economy, upbeat on its own outlook

The Cleveland-based bank is projecting steady growth in net interest income even as credit losses remain manageable. But Chairman and CEO Chris Gorman also said that he thinks a recession is likely.

By John Reosti

2h ago
Commercial lending

Texas Capital reports 53% jump in criticized loans, plans for more

The first-quarter increase involved commercial real estate loans, including some problematic multifamily loans and an office credit, but none of the criticized loans were to consumers, officials at the Dallas company say. Further CRE deterioration is anticipated.

By Allissa Kline

3h ago
Earnings

How loan-hungry Ally is preparing for the Fed's upcoming speed limit

The Detroit-based company is exploring ways to make more consumer auto loans without running afoul of stricter capital standards that are expected from the Federal Reserve. Possible approaches include more securitizations and the use of credit risk transfers.

By Polo Rocha

3h ago