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The North Carolina bank's new financing program will allow electric car buyers to include the cost of an at-home charging station in their auto loan.
February 8
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Adelphi Bank in Columbus was given the green light by the Federal Deposit Insurance Corp. to open.
February 8
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Primis Financial in McLean believes its multimillion-dollar investment in a subsidiary that makes online loans to doctors, dentists and veterinarians will begin paying off this year, after build-out costs weighed on the bottom line in 2021 and 2022.
February 8
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A senior regulator writes that the ongoing review of the system will lead to changes, rather than an embrace of the status quo.
February 8
Federal Housing Finance Agency -
The Federal Reserve's top regulator says discriminatory practices of the past still have an impact today and calls on banks and their supervisors to be more vigilant.
February 7
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Revisions in 2020 to the way regulators classify "hot" deposits struck some observers as risky, at least in theory. Silvergate seems to have made that risk less theoretical.
February 7
American Banker -
The top five have just under three billion dollars in noninterest income as of September 30, 2022.
February 7
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Bank executives are slowing their momentum across commercial and consumer lending segments, a Federal Reserve report finds. Many still expect growth this year, but not as much as in 2022.
February 7
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Truist Financial eliminated about 5% of its investment banking division amid uncertainty surrounding the dealmaking environment, according to people with knowledge with the matter.
February 7
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Regulators are bringing enforcement cases while also proposing wider changes that would alter the industry for years to come. The scrutiny covers pricing discrimination, products that make car purchases more expensive and lenders' handling of repossessions.
February 6
