Laura Alix is a reporter at American Banker.
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Citizens Financial is going out of market to find midsize businesses in need of credit or advisory services in uncertain times. It is a good example of the resiliency that regional banks are showing amid softer loan demand, Washington gridlock and still-low interest rates.
By Laura AlixJune 6 -
Executives at Wells Fargo, SunTrust and PNC insist that credit cards, mortgages and other consumer lines can help pick up the slack as commercial borrowers remain cautious.
June 1 -
Loan growth is tepid, optimism has waned for regulatory and tax reform, and questions abound on consumer credit, bank executives are warning as midyear approaches.
By Andy PetersMay 31 -
Canada's big banks are pursuing wholesale banking, capital markets and select M&A opportunities across the border to hedge against a slowing mortgage market and other economic concerns on the home front.
By Laura AlixMay 26 -
The Toronto bank said increases in deposits and loans spurred a 20% rise in profit at its U.S. retail bank from a year earlier.
By Laura AlixMay 25 -
Royal Bank of Canada got an earnings boost from its U.S. capital markets business and its ownership of City National Bank in Los Angeles, helping to offset softer growth at home.
By Laura AlixMay 25 -
New mothers were bailing out from the Cincinnati bank at twice the rate of other women employees, so it decided to offer a maternity concierge service that would help them with stressful chores.
By Laura AlixMay 24 -
Online lenders are evading New York regulations by claiming their loans are “made” by federally chartered or out-of-state partner banks, Department of Financial Services Superintendent Maria Vullo told lawmakers Monday.
By Laura AlixMay 22 -
The city joins a growing list of municipalities that have filed similar lawsuits, just two weeks after the Supreme Court ruled that municipalities have standing to sue lenders under the Fair Housing Act.
By Laura AlixMay 15 -
The regulator said that the Bank of Lake Mills, Freedom Stores and Military Credit Services violated the FTC Act.
By Laura AlixMay 11