John F. Galvin

TRENDING

Commercial lending

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

The first-quarter increase stemmed from higher interest rates, partial charge-offs and certain problem loans, many involving commercial real estate, executives at the Dallas bank say. Further CRE deterioration is anticipated.

By Allissa Kline

1h 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

1h ago
House Financial Services Leadership

House banking panel advances measures to nullify credit card, ESG rules

The House Financial Services Committee also sent to the full House two bipartisan bills, including one that would prevent large banks from opting out of having to recognize Accumulated Other Comprehensive Income in regulatory capital.

By Claire Williams

1h ago