Paul Davis

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.

The Minneapolis company said it expects to close its purchase of Advisory Research Inc. in the first quarter in a cash-and-stock deal valued at $218 million.

Bank of America shareholders are to meet Feb. 23 to approve the issuance of more common stock as a result of its exit from federal assistance.

Tough breaks for Citi's Pandit; Cullen/Frost's Evans checks in with Texas branches; New hires at ING Group and BB&T Corp.

It would be easy to view Brian Moynihan's promotion to chief executive as a consolation prize for Bank of America Corp., but a consensus is taking root that he is the right person to manage the company right now.

Regions Financial said Thursday that Chairman and CEO C. Dowd Ritter will retire in March. He will be succeeded as CEO by O.B. Grayson Hall, who will remain president.