Jeff Horwitz

Comerica Inc.'s redemption of $500 million in trust-preferred securities will save it more than $20 million a year and sets an example of Dodd-Frank Act adaptation for a handful of other regional banks.

Comerica Inc.'s redemption of $500 million in trust-preferred securities will save it more than $20 million a year and sets an example of Dodd-Frank Act adaptation for a handful of other regional banks.

Sallie Krawcheck shares Brian Moynihan's mantra; a retail veteran retires at Comerica; speculation over Elizabeth Warren possible CFPB nomination refuses to die

Fannie Mae wants out of its defaulted residential mortgage holdings as quickly as possible and is warning loan servicers not to stand in its way.

The refusal to foreclose quickly on and sell distressed homes at inventory-clearing prices may be contributing to the stall of the overall market seen in July sales data.

Wells Fargo & Co. has struck agreements to add 4,000 access points to its global remittance network in Mexico, nearly doubling its current site total in that country.

As part of its disposal of U.S. consumer banking businesses, HSBC Holdings PLC is shopping HSBC Mortgage Corp. around. As with many yard sale offerings, the property's attractiveness is up for debate.

Proposed updates to the Basel accord would force U.S. banks with large mortgage servicing portfolios to take a multibillion-dollar regulatory capital hit.

During the boom years, mortgage lenders paid Fannie Mae and Freddie Mac a small fee for accepting stated-income loans. Today those lenders are paying a whole lot more.

The ramifications of a federal court's order for Wells Fargo & Co. to repay $203 million in overdraft fees extend far beyond the price tag one company has to pay for its California operations.

People once thought guaranteeing conventional, thoroughly underwritten mortgages with near Treasury-level funding costs was a lucrative, low-risk business. Freddie Mac's forthcoming second-quarter results could provide a reminder why.

HSBC Holdings PLC's North American arm still isn't adding much to the company yet, but it has reduced its consumer finance losses to the point where it is no longer weighing down its parent.

Bankers say tighter spreads and looser terms show intensifying competition for scarce desirable borrowers.

Popular tries rebranding effort in Chicago; Another former colleague added to Krawcheck's B of A unit; Wells opens 5 East Coast offices aimed at global business; and more.

Zions Bancorp. announced a deal Wednesday to offload to Deutsche Bank the risk of its $1.16 billion of pooled, trust-preferred securities.

A theme of second-quarter results has been lingering asset-quality troubles worsened by shrinking loan balances. Though New York Community Bancorp is not immune to the former, its focus on multifamily residential properties helped make it one of the few banking companies to expand its loan book in the quarter.

CIT Group reported on Tuesday a profitable quarter (its second since emerging from bankruptcy) and progress toward paying down debt.

Retail banking executives believe customers are on the cusp of behavioral changes that will render them "unrecognizable," a new Accenture study says — and the same executives have little faith that their banks are ready to change with them.

If regulators had used the tests to prod European banks to raise capital, American institutions might soon be trading, and competing, with stronger peers across the Atlantic.

If regulators had used the tests to prod European banks to raise capital, American institutions might soon be trading, and competing, with stronger peers across the Atlantic.