Laura Alix is a reporter at American Banker.
-
Burgess, chairman of FirstCapital Bank of Texas, succeeds Dorothy Savarese, of Cape Cod Five Cents Savings Bank in Massachusetts, as chairman of the American Bankers Association.
October 17 -
Third-quarter profits at the Georgia bank rose 52% thanks to doubled-digit growth in consumer lending and the sale of credit card assets it had obtained from the retailer Cabela's.
October 17 -
The San Francisco bank hopes to win middle-market business from its new commercial offices in Cleveland and Dallas.
October 16 -
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.
October 13 -
The Pittsburgh company benefited from loan growth and higher interest rates, though fee income fell and expense rose in the third quarter.
October 13 -
The company had strong gains in construction lending and trust fee income, but its business lending operation had flat results.
October 12 -
A change in the formula that banks use to calculate borrowers’ debt-to-income ratios, announced by Fannie Mae in April, appears to be spurring more lending.
October 6 -
At 1.56%, the delinquency rate on consumer loans remains well below historic averages, the American Bankers Association said Thursday.
October 5 -
With baby boomers moving into retirement and many young folks eschewing careers in banking, the industry could soon be facing a talent shortage. Are more banking degree programs the answer?
September 29 -
The sale of the $1.4 billion-asset Premium Assignment Corp. to IPFS is expected to close in the fourth quarter.
September 26
