Kristin Broughton

The New Jersey company reported lower third-quarter profit that included severance costs from a two-year program to boost its bottom line.

Provision costs surged to $44.5 million from $1.2 million. The company attributed that increase to higher chargeoffs in its taxi book.

The New York bank's total loans rose 8% to $31 billion from a mix of commercial real estate and specialty finance credits.

The Minneapolis company is considering re-entering a business it exited under pressure from its regulator in 2014.

Net interest margin widened 12 basis points, too. Those lending results offset a decline in fee income at the Minneapolis company, which saw earnings rise 4%.

The embattled company has begun offering cash bonuses to certain customers who open accounts, but at least for now pricey deposit rates would not ensure that customers stick around, executives said Friday.

Third-quarter results from PNC, Bank of America, First Horizon and others suggest that demand for commercial loans may not be as weak as bankers and investors had feared. Or maybe some banks are just getting really good at poaching rivals’ customers.

Regions Financial's chief credit officer is leading a transformation in the way the company manages risk in its loan portfolio.

Consumers are looking for high-tech services, not just higher deposit rates, in deciding where to park their cash, a top JPMorgan executive said in discussing the company's explosive deposit growth in the third quarter — and whether it will continue.

From chairing a panel charged with replacing Libor to advising the president and Congress on regulatory reform, JPMorgan Chase's chief regulatory affairs officer has emerged as a leading voice on fine-tuning crisis-era rules.

Diane Schumaker-Krieg has traveled the globe urging stressed Wells Fargo colleagues to carve out time for art, exercise and other rejuvenating activities. She says happiness correlates to career success.

Demand for commercial loans has been weak for much of the past year and among the big questions bank executives will face this earnings season is when they can expect the pace to finally pick up.

The sale of the struggling Financial Freedom unit to an undisclosed buyer would continue CIT's strategy of shedding noncore business lines.

Executives from across the industry celebrated gender diversity Thursday evening at American Banker’s Most Powerful Women in Banking and Finance dinner in New York.

Verba's two-decade career at one of the East Coast's fastest-growing banks began with an old-fashioned letter to a local bank when she was in her late 40s and an epiphany about work-life balance.

The Federal Reserve's nationwide preparedness plan for cash emergencies is being put to a unique test in Puerto Rico. Stocks are being replenished with daily flights, but the lack of power to ATMs and branches is contributing to reports of cash shortages.

Let others debate the meaning of the Fearless Girl statue. To State Street's Hannah Grove, its message to the banking industry was simple: create a more welcoming workplace for all.

Tim Welsh has spent his first two months on the job thinking about how to make U.S. Bank as central to consumers’ lives as Amazon, develop new personal financial management services, and expand into new cities.

The island's largest bank has reopened a portion of its branch network while rushing cash to ATMs and consoling clients and employees in the first week of recovery from Hurricane Maria. But it and other banks are likely months away from normal operations.

American Banker's No. 3 Most Powerful Woman in Banking is embracing a major challenge in molding a commercial finance company with a spotty history into a profitable, middle-market bank.