Commercial banking

The Oklahoma lender said its oil-and-gas portfolio remains a key source of stability and potential growth, despite weaker commodity prices.

The top five bank holding companies have combined total credit card loan portfolios of more than $600 billion.

Rep. Roger Williams, chairman of the House Small Business Committee, says Small Business Administration is considering allowing borrowers to self-certify eligibility for loans, a step some believe could lead to more fraud. The agency declined to say whether that is one of the changes it's considering.

CEO Rajinder Singh said battered competitors are "throwing off" both talent and customers, creating a chance for the Miami Lakes, Florida, bank to pick up new business.

The top five banks and thrifts have combined total assets of more than $12 trillion as of December 31, 2022.

Elevated interest rates, economic uncertainty and financial sector fragility exposed by recent bank failures threaten to stunt lending activity.

Ping An Insurance Group is seeking a more abrupt break off of the bank's more profitable Asian operations, while HSBC has pledged a slower pivot to Asia while paring its presence in Europe and North America. 

The Dallas-based bank, whose shares have slumped 19% this year, laid off the staff last week, according to a spokesperson.

Morgan Stanley's investment bank and its giant wealth unit surpassed analysts' expectations in the first quarter even as profits fell from a year earlier, dragged down by a drop-off in dealmaking and a jump in loan-loss provisions.

With once-in-a-generation levels of inflation whittling away at their savings, Americans are once again beginning to fall behind on payments, bank earnings show.