Americas

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.

The $625 million-asset company said in a press release Thursday that Greg Remus will become its CEO on Oct. 1. He will succeed Ray Lipman, who will remain chairman.

Umpqua Holdings in Portland, Ore., reported higher second-quarter profit, citing lower merger costs and growth in residential real estate lending and equipment finance.

Webster Financial in Waterbury, Conn., reported second-quarter profit of $50.5 million, a 12% jump from a year ago, as mortgage banking revenue improved.

The ability to innovate isn't a rare quality possessed by a select few. In fact, one expert says, it's no different than being able to cook.

A look at some highlights from this week's meeting and greeting in the Mile High City.

Ten credit unions have signed on to CU Direct' AutoPREMIER service, a car-buying solution designed to enhance member service during the auto-buying process and help CUs retain member loans.

Washington Federal in Seattle reported higher quarterly profit due to gains from the sale of foreclosed properties and certain investments.

The $2.65 billion military credit union now can serve veterans regardless of how long they served in the military.

M&T Bank in Buffalo, N.Y., reported higher quarterly profit that reflected increased fees and higher net interest income.