Banking

Corporate clients are increasingly asking their banks to help digitize back-office processes. Such a move can help both parties save time and money.

The deal expands Post Oak’s existing operations around Houston

While the rising interest rate environment has gotten a lot of attention, plenty of other factors will play a role in CUs’ financial fortunes in the year ahead, including a potential Dodd-Frank rollback, rising delinquencies and more.

William Davis Jr. was the company’s CEO from 1996 to 2009

Robins Financial recognizes trio of top employees, Numerica ramps up lending department and more CU professionals in the news.

The San Francisco private bank reported double-digit gains in originations and noninterest income that led to a nearly 30% increase in profits last quarter.

Loans increased, the margin widened and credit quality continued to improve.

The Open Financial Exchange has 7,000 installations. More than a decade ago, the industry saw the data standard as the solution to screen scraping, a practice that bedevils them today.

Fourth-quarter profit dropped 5.4% as revenue from its mortgage business declined, Wells Fargo said Friday.

The Seattle company warned that fourth-quarter profit could fall more than 80% from a year earlier.

Big banks report; Why Goldman is different

JPMorgan Chase said profit rose 24% as bond-trading revenue climbed more than analysts estimated and expenses fell.

Welcome to the new PaymentsSource Morning Briefing, delivered daily. The information you need to start your day, including top headlines from PaymentsSource and around the Web. Today: Worldpay's Ogden has a new venture; ANZ offers instant card replacement on mobile; Airtel launches mobile banking in India; Payment Rails targets the gig economy.

PNC’s fourth-quarter profit improved on higher lending to corporate customers for real estate and other loans.

Bank of America, the second-largest U.S. lender by assets, said fourth-quarter profit rose 43% as revenue from fixed-income trading increased and expenses dropped.

Banks have started reconsidering how much they are willing to pay for low-income housing tax credits.

The company had been operating for years under a licensing agreement with the San Francisco banking giant.

The California bank, grappling with credit-quality issues, did not say when – or if – a successor will be named

Some vendors have begun offering authentication platforms through which biometrics and other authentication tools can be plugged into any or all channels. TD Bank is sold on this concept, but others are not completely sure.

American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader responses to AmericanBanker.com articles, social media, and from around the web.