Phil Pennie

Phil Pennie, director of user profiling for ZDNet.

TRENDING

Earnings

Ohio banks say 'Howdy' to commercial loan opportunities in Texas

At a time of mild or nonexistent loan growth, middle-market borrowers in the Lone Star State are providing a boost to Fifth Third Bancorp and Huntington Bancshares.

By Catherine Leffert

1h ago
Industry News

Capital One and Discover walked away from talks before reaching a deal

New details have emerged about the negotiations that culminated in Capital One's blockbuster $35 billion agreement to acquire Discover. At one point last December, the two parties broke off discussions, according to a securities filing.

By Allissa Kline

1h ago
Politics and policy

Fed: Inflation, policy uncertainty are top financial stability concerns

According to the Federal Reserve Board's latest financial stability report, persistent inflation and policy uncertainty are the primary worries for banks. Survey respondents expressed heightened anxiety over murky policy outlooks due to geopolitical turmoil and rapidly approaching domestic elections.

By Ebrima Santos Sanneh

2h ago