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See which bank topped American Banker's annual ranking of the best-performing midsize institutions.
July 17 -
For at least the fifth consecutive quarter, the Providence, Rhode Island, company increased its allowance for credit losses on general office loans, which continue to be a problem area for banks.
July 17 -
The Detroit-based auto lender has been dealing with an imbalance in deposit costs and loan yield since rates rapidly rose. Now, the bank's fixed-rate loans from before are maturing.
July 17 -
The credit card company is seeing fewer customers fall behind on their payments. But with lower-income consumers still being pinched by inflation, Synchrony isn't loosening its lending standards.
July 17 -
An analysis of 13 comment letters from the financial industry highlights the most important changes banks want to see to rules proposed by CISA.
July 17 -
Acting Comptroller of the Currency Michael Hsu said the OCC will review its 2020 interpretation of preemption under the Dodd-Frank Act and explore more direct engagement, tailored federal regulation and supervision of nonbank fintechs.
July 17 -
The judge in the case said the former associate needed to go to prison in order to send a message to others in the financial industry.
July 17 -
Federal Reserve Gov. Christopher Waller said that economic data seems to indicate that the economy will achieve a so-called "soft landing" but said he would like to see additional data before the central bank cuts interest rates.
July 17 -
Morgan Stanley became the latest big Wall Street bank to tap the U.S. investment-grade market Wednesday after reporting earnings, as strong investor demand helps lenders borrow at lower yields than would have been possible at the start of the month.
July 17 -
The final rule governing the use of automated valuation models for home assessments is substantially similar to the initial proposal made last June.
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