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The Columbus, Ohio, company said Thursday that it expects the Federal Reserve to cut interest rates twice this year and two more times in 2020.
By Jon PriorJuly 25 -
The heads of the island's largest banks are worried that ongoing protests over government corruption and other scandals are a setback to an economy slowly rebounding from the devastating hurricanes of 2017.
By Jon PriorJuly 24 -
The Birmingham, Ala., company warned in its earnings call that moves by the central bank could make it harder to lower costs.
By Jon PriorJuly 19 -
Alleged discrimination over immigration status is the latest legal headache for Wells Fargo.
By Jon PriorJuly 17 -
The Texas bank said it was setting aside higher provisions for credit losses as private investments are drying up in a volatile oil and gas market.
By Jon PriorJuly 17 -
The Memphis, Tenn., regional will explore the use of voice assistants as part of its digital banking push.
By Jon PriorJuly 16 -
The Georgia regional plans to open more branches in the state as it looks to loan growth and fees as a way to offset intense competition for deposits.
By Jon PriorJuly 16 -
Other banks say they need to add branches to attract more deposits, but Capital One is sticking to its strategy of aggressively closing them and gathering the bulk of new deposits online.
By Jon PriorJuly 1 -
Amala Duggirala, Logan Pichel and Kate Danella are all part of the executive leadership team reporting to CEO John Turner.
By Jon PriorJune 27 -
The Columbus, Ohio, bank has hired a former executive from Bank of America to run the new business, which will target physician, dentist and veterinary practices.
By Jon PriorJune 20 -
The bipartisan proposal aims to renew banks' interest in low-income housing tax credits and bring more lower-priced homes to markets that badly need them.
By Jon PriorJune 18 -
The Memphis, Tenn., company said a common corporate identity for all its units made sense given a recent acquisition and its growth ambitions.
By Jon PriorJune 11 -
Lenders are turning to the Farm Service Agency to backstop more loans as their Midwestern customers are beset by flooding in addition to the U.S. trade war with China and volatile crop prices. Can the FSA meet the increased demand?
By Jon PriorJune 10 -
The regional bank has begun closing branches in Chicagoland as part of a plan to reduce its net number of brick-and-mortar offices by up to 15% even as it looks to expand in the Southeast.
By Jon PriorJune 5 -
The Cincinnati bank wants to convert from a state charter as it expands in the Southeast and beefs up digital banking operations.
By Jon PriorMay 31 -
In a presentation Thursday, co-COO Gordon Smith expanded on Jamie Dimon's recent comments about frustrations in the mortgage market, was upbeat about branch profitability and discussed some of the bank's Chase Pay challenges.
By Jon PriorMay 30 -
Many banks have already scaled back home lending or even left the business. With profit margins shrinking, inventories of homes at crisis levels and competition from nonbanks intensifying, that’s unlikely to change.
By Jon PriorMay 29 -
Farmers were already taking on more debt to cover losses from falling crop prices. New tariffs and other retaliatory moves could hurt ag borrowers further and lead to loan losses and tighter underwriting.
By Jon PriorMay 16 -
Heightened regulatory scrutiny and a slowdown in commerce have raised concerns about the viability of doing business along the U.S.-Mexico border.
By Jon PriorMay 9 -
Community banks in the state have struggled to attract the funds to meet surging loan demand, but that could change now that a new law has made it easier for them to accept government deposits.
By Jon PriorMay 3



















