Laura Alix is a reporter at American Banker.
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The global bank’s U.S. unit has bounced back, aided by growth in deposits and wealth management profits as well as a focus on international customers. A $125 million investment in tech and branches hasn’t hurt either.
By Laura AlixAugust 4 -
Insurers are seeing modest gains in market share as banks, facing increased scrutiny from regulators, lightly tap the brakes.
By Laura AlixAugust 1 -
Core deposit growth might be the best indicator of which banks will have true staying power in the years ahead.
By Laura AlixAugust 1 -
Lustig, Glaser & Wilson often harassed the wrong consumers, demanded amounts that were not owed, bullied consumers into paying from exempt income, and failed to obtain legitimate documentation of those debts, state officials said.
By Laura AlixJuly 27 -
The Miami Lakes company’s chargeoffs of medallion loans increased fivefold, but profits rose thanks to gains in C&I, CRE and other types of loans.
By Laura AlixJuly 26 -
The new Explore Visa card is seen as a "bridge" to more traditional banking services, said Regions' head of retail products and payments.
By Laura AlixJuly 26 -
The Tulsa, Okla., company reported loan growth in all categories, including a 56% increase in personal loans.
By Laura AlixJuly 26 -
The Salt Lake City company also benefited from increases in investment securities and several large loan recoveries during the quarter.
By Laura AlixJuly 25 -
Auto risks mounting. Mortgage market tightening. Are there any good risks these days in consumer lending? Regional bank executives insist partnerships with online lenders, unsecured personal loans and other niche efforts can work if done properly.
July 21 -
The Rhode Island bank plans to build out its fee income capabilities, expand C&I lending in the Southeast, renegotiate vendor contracts and take other steps to produce expense cuts and revenue enhancements of at least $90 million.
By Laura AlixJuly 21