Erin Callan

Head

TRENDING

Industry News

Big U.S. banks' surprise trading haul blunts lending income slump

In a rare sweep, fixed-income and equities traders at five of the largest U.S. banks beat estimates for the first quarter.

By Hannah Levitt, Bloomberg News

4m ago
Politics and policy

What will it actually take to let big banks fail?

Federal Deposit Insurance Corp. chair Martin Gruenberg said last week that regulators have the tools they need to allow big banks to fail in an orderly fashion. But resetting public and market expectations is not so easy.

By John Heltman

14m ago
Earnings

Unrelenting interest income pressure weighs down PNC's earnings

The Pittsburgh-based regional bank also emphasized expense control for the first quarter and throughout 2024 as it manages credit quality vulnerabilities and higher charge-offs, particularly among office loans.

By Jim Dobbs

43m ago