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SunTrust Banks Inc. surprised analysts Thursday by reporting a $56 million, 11-cents-a-share loss, far better than its $229 million loss a quarter earlier.
By Jeff HorwitzJuly 22 -
Associated Banc-Corp announced Thursday a $10.2 million loss for the second quarter, down from a $33.8 million loss a year earlier.
By Jeff HorwitzJuly 22 -
Financial reform backlash from several bank chiefs; Calif. homeowner squares off with JPMorgan Chase CEO at shareholders meeting; US Bank chief channels his inner teenager on earnings call.
July 22 -
Wells Fargo's $3.1 billion of earnings in the second quarter handily outpaced analyst expectations, and its unchanged revenue outdid many of its peers' performance.
By Jeff HorwitzJuly 21 -
Zions Bancorp. reported a loss of $135 million, or 84 cents a share, on Monday, though it continued to slim down its nonperforming assets.
By Jeff HorwitzJuly 19 -
TCF Financial Corp. on Thursday reported a second-quarter profit of $45 million, nearly double a year earlier. Total revenue rose by $15 million year over a year, a 5% increase. The company's net interest margin also jumped, to 4.18%, from 3.80%.
By Jeff HorwitzJuly 15 -
Sterling of New York's man in Louisiana; JPMorgan Chase gives CFO Mike Cavanagh a send-off; Chase, Citi and U.S. Bancorp vie for top billing in loyalty.
July 15 -
With U.S. financial reform nearly through, eyes are turning to the Basel Committee on Banking Supervision, which is hammering out a set of regulatory standards intended to lay the foundation for a global overhaul.
By Jeff HorwitzJuly 14 -
On Monday, the Federal Housing Finance Agency said that, as the conservator of Freddie Mac and Fannie Mae, it is subpoenaing loan-level underwriting and performance data from 64 security issuers and other entities.
By Jeff HorwitzJuly 12 -
OCC head Dugan will step down Aug.14; "The regulator from Hell" joins the National Foundation for Credit Counseling; CIT hailed five new chiefs in the past two months; and more.
July 8 -
When the largest banks report second-quarter results this month, there will likely be less to brag about on the credit front, and tough questions to answer about the probable impact of financial reform.
By Jeff HorwitzJuly 6 -
Robert Steel is resigning his seat on Wells Fargo's board of directors, the company said in a filing with the Securities and Exchange Commission on Friday.
By Jeff HorwitzJuly 2 -
Robert Steel is resigning his seat on Wells Fargo & Co.'s board of directors, the company said in a filing with the Securities and Exchange Commission on Friday.
By Jeff HorwitzJuly 2 -
CIT Group Inc. announced a package of refinancings and asset sales on Thursday, a step that CEO John Thain billed as a sign of its more stable footing.
By Jeff HorwitzJuly 1 -
Jitters seized the market on Tuesday, with bank stocks down sharply across the board and Citigroup Inc. briefly making a double-digit plunge on what a Financial Industry Regulatory Authority spokesman told Dow Jones Newswires was a reporting error.
By Jeff HorwitzJune 29 -
All is not well in "credit union land," as insiders half-jokingly call the industry, and the challenges have prevented credit unions from taking advantage of bank stumbles.
By Jeff HorwitzJune 28 -
As overdraft restrictions, interchange fee limits, and consumer protection proposals dribbled out of Washington, many commentators predicted the end of a hallowed retail banking strategy: giving stuff away.
By Jeff Horwitz and Sara LeproJune 24 -
To get capital relief for ABS investments, institutions will have to show they did their homework.
By Jeff HorwitzJune 18 -
To get capital relief for ABS investments, institutions will have to show they did their homework.
By Jeff HorwitzJune 18 -
Upcoming book takes a look back at the Crutchfield-McColl rivalry; B of A's lesson in the prevalence of social media; New hire to oversee Huntington's equipment-finance unit.
June 17




