Commercial banking

Commercial and industrial lending rose 8% in the third quarter at the Cleveland bank, but other factors drove its double-digit gain in profits as overall loan growth was modest.

The Portland, Ore, company also benefited from lower expenses and an improved efficiency ratio.

Total loans fell, but earnings soared thanks to wider margins, a smaller loan provision and fewer legal costs now that the Wilmington Trust probe is settled.

BofA hasn’t taken advantage of the benefits of owning Merrill Lynch; weakness seen despite stronger bank earnings.

The Pittsburgh bank reported a double-digit increase in 3Q profits on a mix of higher loan yields in its retail and corporate banking units, higher corporate service fees and several other factors.

Wells Fargo & Co. hasn’t yet fixed all of its problems, but at least it stopped its revenue slump.

The interest-rate moves stoking President Donald Trump’s ire are also fueling Citigroup Inc.’s profits.

The biggest U.S. bank leaned on old-fashioned lending in the third quarter to weather a slump in fixed-income trading.

This week’s name change is the latest in a string of moves Ira Robbins has made since he replaced his mentor, Gerald Lipkin, in January.

Fifth Third has allegedly informed Spike's Tactical that its accounts would not be renewed.