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Despite some green shoots in key credit segments, total loan growth was light at many banks last quarter. Rate hikes are threatened, and deposits will get pricier — where will the earnings come from?
July 20 -
Yet margin improvement proved to be the decisive factor in a strong quarter in which total lending was flat.
July 20 -
LendingClub, Prosper, SoFi and other fintechs are driving the expansion, according to new data from TransUnion, and that could spell bad news for credit unions.
July 10 -
After the Cincinnati bank started a personal assistant service for new mothers, it learned new parents needed help with budgeting, and that motivated it to team up with a Goldman Sachs firm to establish a financial wellness program for all its employees.
July 9 -
LendingClub, Prosper, SoFi and other fintechs are driving the expansion, according to new data from TransUnion.
July 3 -
The rents are steep and they don't generate much revenue, but some banks believe that airport branches still have a role to play in their retail strategies — particularly as advice centers.
June 26 -
SunTrust will operate a branch inside Hartsfield-Jackson's main domestic terminal and operate 16 ATMs throughout the airport. Wells said its revenue had been declining.
June 20 -
The Atlanta bank has financed construction and other activities tied to nursing homes and related facilities mainly in its East Coast markets. It says the timing is good to tap into demand elsewhere in the country.
June 14 -
The firms were initially slated to be included in a newly merged trade association, but they were blocked after some executives objected to adding more Wall Street banks.
June 8 -
The Atlanta bank had previously failed compliance metrics in five straight quarters before passing them last year, according to the settlement's monitor.
June 6