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The Los Angeles bank also benefited from a reduced reliance on costlier certificates of deposit.

The Chicago custody bank also benefited from a recent acquisition of a UBS business in Europe and the lower federal income tax rate.

The company, which completed a major acquisition last year, said tax reform will help it generate a higher return on average assets.

Joe Petitti and Jack Knight formerly held leadership posts at First Republic.

Sen. Elizabeth Warren is struggling to get data that shows how bad sexual harassment might be on Wall Street.

The Alabama bank agreed to buy Peoples Bank for $23 million as part of a plan to target new Southeastern markets.

The Rosemont, Ill., bank rode loan growth, interest rate trends and noninterest-income gains to a double-digit increase in profits in the first quarter.

Lawmakers should not toss out an agency rule aimed at curbing auto dealer markups that adversely impact borrowers of color.

Profits soared at the Dallas bank as recent interest rate hikes and ongoing expense cuts outweighed weakness in the company’s loan book and in its fee income.

Fed vice chair wants to put stress test scenarios out for comment by banks; C&Is outstanding at record level in March.