Banking

On Sep. 30, 2018. Dollars in thousands.

On Sep. 30, 2018. Dollars in thousands.

Business lending at the 10 largest regionals got a boost from turmoil in the securities markets; hedge funds stand to gain if conservatorship ends.

Chemical is paying roughly $3.6 billion for the $23.5 billion-asset TCF. The combined company will be based in Detroit, Chemical's hometown, and operate under the TCF brand.

The information you need to start your day, from PaymentsSource and around the Web. Today: Asia fintech consortium debuts; Go-Jek and Apruve raise investment; Apple Pay's set for Los Angeles' transit system.

Among the things we've learned this earnings season: C&I is back, fee income is flat, and leveraged lending is beginning to "rear its ugly head."

John Ciulla, one year in as CEO of Webster Financial, discusses how he is preparing for the next downturn, picking his spots in tech spending, and remaining cautious about M&A.

As suspense builds over which firm will be the first to seek the special-purpose charter, a side discussion has emerged over which financial services sector has the most to gain — or lose — from the new option.

A man entered a SunTrust branch in Sebring, Fla., and shot and killed five women, four of whom were bank employees; 24 million mortgage documents exposed in data security lapse; the battle for deposits is like "a steel-cage" match; and more from this week's most-read stories.

At a FASB meeting Monday on proposed changes to the accounting standard, its critics will be given a platform.

The consumer bureau says the online lender improperly extracted millions from over 5,000 accounts without getting authorization.

The core-banking vendor won the investment and ringing endorsements from the trade group and several banks because its open system and cloud delivery could eventually challenge entrenched tech players.

The New York company will also match donations made by its employees to Feeding America and United Way Worldwide.

Despite a generally positive picture in the Shared National Credit report, regulators warned that underperforming loans in the portfolio remain elevated.

The parent company of Silicon Valley Bank predicted a strong year, saying the high-tech and other niches it serves are built to withstand current economic uncertainty.

Small businesses short on cash can use advances from Fundbox to buy products from online suppliers.

Keith Wilton will also succeed Walter Kaczmarek as president in August.

The largest banks are expected to soon receive requests to appear before the House Financial Services Committee; banks taking steps to curb scams.

The information you need to start your day, from PaymentsSource and around the Web. Today: Discover's deliquencies on the rise; Brexit fears ding B2B; Hyperledger's Grid bolsters payment ecosystem; India's Paytm looks for more markets; New York awards new crypto licences.

Readers weigh in on the Consumer Financial Protection Bureau's payday rule, consider the gender wage gap in banking, debate restrictions to membership at the Federal Home Loan banks and more.