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The Dallas company recorded a higher provision as nearly $330 million in energy credits were classified as "criticized" during the second quarter. The size of Comerica's energy portfolio also shrank by 8% during the quarter.
July 17 -
A new proposal by the FDIC could further discourage the use of noncore deposits, including those facilitated by deposit brokers and listing services and even certain reciprocal instruments not subject to the brokered-fund penalty.
July 17 -
Meta Financial Group in Sioux Falls, S.D., has agreed to buy Fort Knox Financial Services, a software firm that helps independent tax firms process refund transfers.
July 17 -
Meta Financial Group in Sioux Falls, S.D., has agreed to buy Fort Knox Financial Services, a software firm that helps independent tax firms process refund transfers.
July 17 -
"Smart Strategies for Growing Loan Portfolios" explores new ways credit unions can pump up their lending volume.
July 17 -
A week has passed since the collections and credit world was turned upside down by the Federal Communications Commission when it issued a Declaratory Ruling and Order regarding the Telephone Consumer Protection Act. Now what?
July 17 -
Financial monitoring is one of the most effective ways to identify human traffickers. That's why it's crucial that banks work closely with law enforcement officials to put a stop to this criminal activity.
July 17
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Marlette Funding is set to announce Friday that it has raised $75 million from investors including a fund affiliated with the Invus Group, a private-equity firm, and Navient Corp. The money will mainly be used to keep a portion of the loans Marlette originates through its website, MyBestEgg.com.
July 17 -
CoBiz Financial in Denver has added the owner, chairman and chief executive of the Colorado Rockies baseball franchise to its board.
July 17 -
SunTrust Banks in Atlanta reported higher quarterly earnings after of a tax benefit and a decline in expenses more than offset a decline in revenue.
July 17


