Retail & Commercial

Earnings were bolstered by lower taxes and higher asset-servicing fees, but revenue was flat and analysts raised concerns about a shrinking deposit base.

The program will focus on increasing lending to small and medium enterprises in Guatemala, Burkina Faso and Kenya.

The company said it is trying to improve shareholder returns as rising rates cut into its net interest margin.

The New York bank, which reported a 25% increase in third-quarter earnings Thursday, recently began serving digital-asset companies and private equity firms.

Commercial and industrial lending rose 8% in the third quarter at the Cleveland bank, but other factors drove its double-digit gain in profits as overall loan growth was modest.

The Connecticut company also reported modest loan growth and a greatly improved net interest margin.

The company will pay $42 million for Oak Park River Forest Bancshares.

In honor of International Credit Union Day, here's CU Journal's annual look at the everyday occurrences – both routine and meaningful – that bring "the credit union difference" to life.

The $286.4 million deal is an important test for Upgrade, which has raised $142 million of equity over the past two years but has yet to turn a profit.

The Portland, Ore, company also benefited from lower expenses and an improved efficiency ratio.