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The $163.7 billion-asset auto lender reported net income of $248 million, down 5.7% as a result of an increased loan-loss provision and noninterest expenses.
January 31
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If President Trump takes a stand against large banks and in support of smaller banks, he would be following the legacy of the nation’s seventh president.
January 31
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The Livingston, N.J., company took a big hit in the fourth quarter as it continued to divest certain business lines and restructure its operations.
January 31
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The Pasadena, Calif.-based prepaid card issuer expects to gain 750,000 active new cardholders in the deal.
January 30
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Customers Bancorp says it expects to announce a deal to divest its BankMobile unit within 60 days. It could be an attractive target for a bank with strong loan demand.
January 30 -
Citigroup's plan to sell a $97 billion mortgage servicing portfolio and subservice its remaining accounts highlights the growing prevalence of nondepository servicers and raises questions about how much capacity exists for these institutions to absorb more large deals.
January 30
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Citigroup's decision to exit mortgage servicing by the end of 2018 is part of a long-term strategy to increase returns and sharpen the bank's focus on its core retail customers.
January 30
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With home values — and interest rates — rising, homeowners finally seem ready to tap into their homes' equity to fund long-delayed home-improvement projects.
January 30
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The California bank has hired an outside firm to review its loans and will de-emphasize health care lending.
January 30
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With home values — and interest rates — rising, homeowners finally seem ready to tap into their homes' equity to fund long-delayed home-improvement projects.
January 30
