Consumer banking
Consumer banking
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Apart from the usual queries about prospects for loan growth and strategies for controlling costs, bank executives better be prepared this earnings season for probing questions about in-branch sales practices and how they are compensating front-line employees.
October 14 -
Concerns about bad oil loans have begun to fade, but other credit problems could be lurking. Several big banks reported a notable uptick in provisions for consumer loan losses.
October 14 -
BancorpSouth has extended the deadline to complete two acquisitions until the end of 2017 as it seeks to resolve a recent CRA downgrade.
October 14 -
First Bancshares in Hattiesburg, Miss., has agreed to buy two banks in Alabama and Florida and it announced plans for a capital-raise to fund the deals.
October 14 -
Consumers voted with their feet in September, as the embattled bank said Friday that new checking accounts were down by 25% from a year earlier.
October 14 -
Community banks need profit and diversification opportunities, while marketplace lenders may find mergers to be the easiest route into the banking system.
October 14 -
JPMorgan Chase is conducting a "deep dive" investigation into its cross-selling practices, in light of the fallout from the phony account scandal at Wells Fargo.
October 14 - Tennessee
Strong revenue growth powered First Horizon in Memphis to a 7% increase in third-quarter earnings.
October 14 -
Warren's voice is powerful in criticizing big banks, but she could play a more active role in providing relief to community banks to help boost job creation.
October 14 -
Wells Fargo, the lender whose chief executive officer stepped down this week amid a scandal in its branch network, said third-quarter profit fell 2.6% as expenses climbed and the bank set aside more money for soured loans.
October 14 -
Citigroup posted third-quarter profit that beat analysts' estimates as bond-trading revenue surged 35% from a year earlier, helped by interest-rate and currencies trading.
October 14 -
American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms.
October 14 - Pennsylvania
Third-quarter profit at PNC Financial Services Group in Pittsburgh declined on a yearly basis as a higher tax rate and increased expenses ate into improved revenue in both lending and fee-based products.
October 14 -
If people can send e-mails and other data instantly to others, the ability to do the same with payments shouldnt be far behind.
October 13 -
Some analysts are suggesting Wells Fargo should start closing branches, in order to move beyond the phony-accounts scandal, make up for an expected drop in fee income from reduced cross-selling and position itself for a digital future.
October 13 -
California Bank of Commerce in Lafayette has hired a veteran credit administrator to help expand its small-business lending.
October 13 -
Goldman Sachs' newly launched consumer lending website is aimed at some of the very same customers that big banks and marketplace lenders covet, yet there are plenty of questions about its business plan, its ability to manage credit risk and the prospects of online lenders in general.
October 13 -
A nearly double-digit increase in net interest income helped third-quarter profit increase by 12.9% at VSB Bancorp in New York.
October 13 -
West Town Bancorp in Illinois has revved up its government-backed lending to small businesses, making it a good example of how community banks can outhustle big lenders in the quest for new sources of fee income.
October 13 -
As Fannie Mae and Freddie Mac continue to experiment with upfront risk-sharing deals, some small mortgage lenders fear they will be left out of the action.
October 13







