Paul Davis

Popular tries rebranding effort in Chicago; Another former colleague added to Krawcheck's B of A unit; Wells opens 5 East Coast offices aimed at global business; and more.

Banco Bilbao Vizcaya Argentaria SA reported Wednesday that profits in its U.S. operations rose in the second quarter as problem loans eased slightly.

O.B. Grayson Hall — who took over as chief executive April 1 — said during a second-quarter conference call Tuesday that the company will reenter the indirect auto lending business this quarter after quitting it two years ago.

Most large and regional banking companies are drowning in deposits, raising concern that excess liquidity could be a drag on earnings in coming quarters.

BB&T Corp. and PNC Financial Services Group Inc. were among those discussing Thursday how they are purging such assets at an accelerated rate, citing improved buyer interest and better pricing, particularly for residential development and mortgages.

Financial reform backlash from several bank chiefs; Calif. homeowner squares off with JPMorgan Chase CEO at shareholders meeting; US Bank chief channels his inner teenager on earnings call.

Banks that do business from California to New York said Wednesday that static business borrowing last quarter has dampened hopes that loan demand could pick up by as soon as yearend.

Bank of America raised almost all the same questions as its fellow megabanks did last week and got no closer to resolving them.

Bank of America Corp. raised almost all the same questions as its fellow megabanks did last week and got no closer to resolving them.

Sterling of New York's man in Louisiana; JPMorgan Chase gives CFO Mike Cavanagh a send-off; Chase, Citi and U.S. Bancorp vie for top billing in loyalty.

OCC head Dugan will step down Aug.14; "The regulator from Hell" joins the National Foundation for Credit Counseling; CIT hailed five new chiefs in the past two months; and more.

The baseball credo "hit 'em where they ain't" might be the best way to describe some bankers' unlikely advice that now is the time to wade into commercial real estate lending.

Bank of America Corp. has completed the sale of First Republic Bank to a private-equity investor group.

Bankers have spent months saying they are making every good loan possible, and now regulators are demanding more information to prove it.

BB&T Corp. has awarded restricted stock worth $11.6 million to five executives — with one notable catch. The stock will vest only if the Winston-Salem, N.C., company posts a higher return on equity than the average of a 12-bank peer group over a three-year period, it said Friday in a filing with the Securities and Exchange Commission.

People inside and outside B of A, of Charlotte, say it has made progress. But they concur that the biggest obstacle to a rehabilitated brand is — like at a lot of banks — convincing the public that the company is serious about stemming foreclosures.

Mini Davos tackles questions of capital; NYC Mayor Bloomberg pipes up for the banking industry; Synovus chief Anthony's illness hits local community, too; and more.

Though executives at many private-equity firms continue to raise capital and scout opportunities, few have emerged victorious in the bidding for failed institutions in recent months.

The $32 billion-asset company, which was already vulnerable because of credit-quality problems and seven consecutive quarters of net losses, said that its chairman and chief executive, Richard Anthony, had taken medical leave to undergo treatment for a blood vessel disorder that was diagnosed last week.

Synovus Financial said Monday that Richard Anthony is taking an indefinite leave of absence after being diagnosed with a blood vessel disorder.