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Yet margin improvement proved to be the decisive factor in a strong quarter in which total lending was flat.
July 20 -
Kathy Kraninger emerges “unscathed” in testy Senate confirmation hearing; the bank is reportedly refunding money it charged customers for add-on services.
July 20 -
A provision in a bill aimed at strengthening financial options for members of the military currently excludes defense-based credit unions.
July 20 -
Credit card and auto loans grew again in the second quarter at the McLean, Va., company, and the net charge-off rates of both business lines fell, too.
July 19 -
Readers weigh in on the Federal Housing Finance Agency's leadership structure, react to a recent data-sharing debate, opine on whether banks should let consumers use their credit cards to buy bitcoin and more.
July 19 -
To improve videoconferencing adoption, banks are advised to focus on one particular group of clients.
July 19 -
It may be unprecedented, but it was hardly surprising. Still, it comes at a dangerous time for the Fed. Here’s why.
July 19
American Banker -
The bank had numerous warnings that there could be severe regulatory consequences related to deceptively advertised add-on products. It is paying the price for failing to do more in response.
July 19
American Banker -
The bank announced plans to open 100 to 125 branches in fast-growing cities across the Southeast, and will close an equal number in the Midwest. In a way, it's finishing a plan it cooked up nearly two decades ago.
July 19 -
The House appropriations bill would also expedite the appeals process for CFPB examination decisions and reduce the number of times big banks must submit resolution plans to every two years.
July 19 -
While the regulatory environment is more accommodating for big deals, many regionals still have their reasons for staying on the sidelines.
July 19 -
The nominee to run the consumer bureau endured tough questioning over the administration’s family-separation policy but appeared to weather the barrage.
July 19 -
Assets under custody and administration surged to a record high of $33.6 trillion, the trust bank said in its second-quarter report.
July 19 -
U.S. Bancorp reported record net income of $1.7 billion for the second quarter on record net revenue of $5.6 billion, and corporate payments growth stood out as a key driver.
July 19 -
The bureau determined that Triton Management Group had unfairly charged Mississippi consumers excess interest in violation of state law.
July 19 -
American Express has spent years developing new marketing alliances and acquiring programs to shed its reputation as a card for the elite. But its success still hinges on premium cardholders.
July 19 -
About 15% of Walmart’s workforce is budgeting and taking pay advances through the app.
July 19 -
An uptick in lending helped to offset declines in both service charges and mortgage banking fees at the Cincinnati company.
July 19 -
A tempered forecast overshadowed solid second-quarter results at the North Carolina regional bank.
July 19 -
The Cleveland company reported higher investment banking income and kept many expense items in check during the second quarter.
July 19


























