Paul Davis

Executives at several regional banks said this week that they have done what they could to resolve credit losses and now must wait on the economy before making more progress.

Plagued by bad press and a struggling stock, Bank of America Corp. tried Tuesday to buy some time by erring on the side of disclosure.

First Horizon National Corp. said declines in problem assets may have hit a temporary wall, with further improvement possibly on hold until mid-2011.

First Horizon National Corp. said declines in problem assets may have hit a temporary wall, with further improvement possibly on hold until mid-2011.

First Horizon National said declines in problem assets may have hit a temporary wall, with further improvement possibly on hold until mid-2011.

Kudos given for TCF's choice of legal representation in Dodd-Frank challenge; Dimon reminded of third-party mortgage broker nightmare; Visa and Citi vet Morris goes PE.

William Cooper, TCF's chairman and chief executive, said Tuesday that its lawsuit against the Federal Reserve Board to block caps on debit card interchange fees is about more than preserving revenue, and that the industry could face worse restrictions if it stands idle.

TCF Financial chief executive William Cooper said Tuesday that his company's lawsuit to block the caps on debit-card interchange fees is about more than preserving revenue.

The $21 billion-asset company said it has filed an application to merge IronStone Bank, its thrift, into First Citizens Bank, a state-chartered bank. IronStone, which was used over the past eight years to expand into states such as Arizona, California and Florida, will continue to operate as a division of the bank.

Banking companies will not maximize their profits if they don't add women and minorities to their boards at a quicker pace, an increasing number of advocates argue.

Synovus Financial Corp. said Thursday that Kessell Stelling will remain president and chief executive, permanently succeeding Richard Anthony.

Bank of America Corp. said Wednesday that it has issued 40 grants totaling more than $3.7 million to fund microloan programs.

The new leader of BBVA's U.S. operations has already set a clear direction: countertrend. Manuel Sanchez was reluctant in an interview to display the appetite for acquisitions common among bankers these days, including his former boss.

Several banks on the list of most adoption-friendly workplaces; Madrid-based bank names new leaders for its U.S. ops; Cullen/Frost chief pats himself on the back for declining Tarp.

B of A's competitors are expected to wait and see how its moves sit with the public and with Elizabeth Warren, the special presidential adviser who's setting up the Consumer Financial Protection Bureau.

Bank of America Corp. said Thursday that it had hired Ralph Andretta to serve as global affinity products and international card executive.

Bill Isaac's "poppycock" enlivened a book-signing; it's alphabet soup as BBVA becomes the "official bank" of the NBA and a sponsor of the WNBA; and more.

D. Bryan Jordan used the "e" word this week, but he urged likely skeptics not to dismiss First Horizon Corp.'s willingness to revisit expansion as a strategic U-turn. Jordan, the company's chief executive, told attendees at a New York conference hosted by Barclays Capital that First Horizon would consider opening branches in markets outside Tennessee just two years after it retreated to its home state.

BB&T Corp. cautioned that it could experience "elevated charge-offs" in the third quarter as it gets more aggressive in disposing of bad loans.

The heads of JPMorgan Chase & Co., Bank of America Corp., PNC Financial Services Group Inc. and other banking companies said added fees, investments in businesses unrelated to lending and smaller client bases will offset the toll of reform expenses and tepid lending.