Paul Davis

First Horizon National Corp. has shut down its institutional equity research business after a deal announced last summer fell through.

Synovus Financial Corp. said Thursday that it plans to consolidate to a single charter by midyear, punctuating the demise of its one-time signature business model.

U.S. Bancorp recoils from 'big bank' label; Outgoing bank exec will not stay on company's board; Some banks receive top marks in the tough economy, survey says.

With more than half of BBVA Compass' branches based in the Lone Star state, the unit's large 2009 loss tied to commercial real estate loans is casting doubt on Texas's immunity to the economy.

O.B. Grayson Hall has his work cut out for him as the incoming chief executive of struggling Regions Financial Corp.

BB&T slightly increased lending in the fourth quarter, particularly to commercial borrowers. It seemed to be trying to get the jump on regional competitors like SunTrust Banks Inc., which said Friday that its commercial lending fell 3% in the quarter.

BB&T slightly increased lending in the fourth quarter, particularly to commercial borrowers. It seemed to be trying to get the jump on regional competitors like SunTrust Banks Inc., which said Friday that its commercial lending fell 3% in the quarter.

The $169.4 billion-asset McLean, Va., company earned $375.6 million in the fourth quarter, compared to $393.5 million in the third quarter and a $1.4 billion loss a year earlier.

Brian Moynihan's strategy for his first call with analysts as Bank of America Corp.'s chief executive was clear: use measured reassurances to reconcile the highs and lows of the company's financials.

Industry watchers' description of the plan to charge a 15-basis-point fee on net liabilities ranged from an annoying, yet manageable, cost to a misguided policy.

Brian Moynihan reassigned several Bank of America Corp. executives Tuesday, less than a month after being named the chief executive.

Bankers will get one more credit-quality mulligan in the fourth-quarter earnings season kicking off this week — but expectations will rise afterward.

Dodd's retirement wins the senator a brief reprieve from criticism; Visa pointing out what it doesn't do to win over Hill staff?; everybody wants Bob Kelly ...

An improving outlook for financial stocks from Credit Suisse provided a supercharged lift to the sector ahead of Friday's unemployment data.

Finance industry colleagues propose a new GSE; B of A's Monynihan first appearance at bankers' group annual forum; Long-serving bankers depart from Citi, BB&T.

There is growing concern among big banks that revenue from fixed-income and equity trading will be weaker this year, putting more pressure on corporate finance to fill the void.

Bank stocks rang in 2010 with solid gains, riding a tide that also took several equity indexes to 15-month highs.

Speaking to a near-capacity crowd at the North Carolina Bankers Association's annual economic forecast luncheon, Brian Moynihan outlined several challenges facing the banking ...

For most of 2009, bankers were hesitant to forecast when credit woes might peak, but there is a growing consensus that credit problems could be largely resolved a year from now.

Economists and even some small-business advocates agree that the dearth of creditworthy applicants is holding back lending to small firms.