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Bank of America’s consumer loans grew a lot. But its rivals? Not so much. The mixed results raise questions about whether BofA’s performance is a leading or trailing indicator, and if credit quality is going to be more of a problem industrywide.
July 16
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The New York bank, which is part of Leumi Group in Israel, is entering a new business line after spending years improving its infrastructure.
July 16
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Limited acquisition opportunities remain in the state's hottest markets, which will force buyers to pay bigger premiums or pursue deals elsewhere.
July 16
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On Mar. 31, 2018. Dollars in thousands.
July 16 -
On Mar. 31, 2018. Dollars in thousands.
July 16 -
P. Byron DeFoor, who already has majority stakes in two community banks, is planning to buy First Columbia Bancorp.
July 16
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On Mar. 31, 2018. Dollars in thousands.
July 16 -
Despite some criticisms of the strategy, community banks should continue to pair up with fintech companies that can help them expand their digital offerings.
July 16
Independent Community Bankers of America -
Rather than ban screen scraping, financial institutions should improve secure account connectivity so that consumers can share data with the apps they want to use.
July 16
Quovo -
Executives at the recent In|Vest conference discussed ways to make banks more competitive in the world of financial advice.
July 15
