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On Thursday the Winston-Salem, N.C., bank's CFO made it clear that of the various ways BB&T can put some of its excess capital to work, making an acquisition is the company's first choice.
By Sara LeproMay 5 -
Bank of America is changing the fee structure for some checking products. This month, the company will raise the monthly fee on its MyAccess checking account to $12 from $8.95.
By Sara LeproMay 5 -
U.S. Bancorp is falling in line with other big banks that have recently replaced their free checking product with one that has some fees attached.
By Sara LeproMay 4 -
MoneyAisle.com has launched an online marketplace for unsecured personal loans and financing for boats and recreational vehicles.
By Sara LeproMay 4 -
Letting the numbers speak for themselves, Bank of America has sent a message to anyone still disgruntled over its $29.1 billion purchase of Merrill Lynch. And that message is: "I told you so."
By Sara LeproApril 29 -
Letting the numbers speak for themselves, Bank of America Corp. has sent a message to anyone still disgruntled over its $29.1 billion purchase of Merrill Lynch & Co. And that message is: "I told you so."
By Sara LeproApril 29 -
Capital One is seeking a senior VP of "acquisition readiness," and a retired Michigan couple is seeking litigation riches at the expense of ATM operators.
By Sara Lepro and Matthew MonksApril 28 -
Citi CFO Gerspach on when he's occupied by thoughts of net interest margin; it was a rough week for B of A; TD Bank gets a new U.S. SBA chief in South Financial's Bradshaw.
April 25 -
The bank has repaid Tarp and credit quality is improving. But revenues are stagnating and SunTrust is unlikely to be a buyer in the near term.
By Sara LeproApril 21 -
Amid all the market noise about possible M&A activity, BB&T Corp. CEO Kelly King doesn't want there to be any confusion about his bank's approach.
By Sara LeproApril 21 -
The bank has repaid Tarp and credit quality is improving. But revenues are stagnating and SunTrust is unlikely to be a buyer in the near term.
By Sara LeproApril 21 -
Fair Isaac says it has found a way to predict strategic defaults; mortgage brokers and loan officers try to game the Fed's compensation rule but the joke's on them; and more.
By Kate Berry and Sara LeproApril 20 -
The small business lender said Wednesday that the Federal Deposit Insurance Corp. and the Utah Department of Financial Institutions had lifted cease-and-desist orders against its banking subsidiary, CIT Bank.
By Sara LeproApril 20 -
The small business lender said that the FDIC and the Utah Department of Financial Institutions had lifted cease-and-desist orders against its banking subsidiary, CIT Bank.
By Sara LeproApril 20 -
Two straight quarters in the black is not good enough for Grayson Hall, the chief executive of Regions Financial Corp., to proclaim "mission accomplished."
By Sara LeproApril 19 -
Regions Financial posted its second quarterly profit in a row on Tuesday, after a year and a half of losses, as credit costs declined.
By Sara LeproApril 19 -
On June 3, the Winston-Salem, N.C., company's Free Checking account will become Bright Banking, an account that will carry a monthly maintenance fee of $10.
By Sara LeproApril 14 -
PNC's Rohr enlists the services of Cookie Monster to get message across; N.Y. Yankees star a surprise guest at B of A branch; Citi vet Rhodes' new book: "Banker to the World"
April 14 -
The U.S. unit of Spanish banking company Santander Group said Wednesday that David Miree recently joined the bank as executive vice president and managing director of the retail network, in charge of overseeing all of Sovereign's 721 branches, the brokerage and investment division and business banking.
By Sara LeproApril 13 -
First Horizon, of Memphis, Tenn., has agreed to sell Highland Capital Management Corp., its investment management subsidiary, to the subsidiary's president, Steven Wishnia.
By Sara LeproApril 13
