Commercial lending

Bank of America's new policy denying loans and other services to certain gun makers came after dozens of employees lost family members or suffered other trauma related to mass shootings in the past few years, CEO Brian Moynihan said.

The Federal Trade Commission alleges in a lawsuit that the company's "no-hidden-fee" pledge is deceptive. LendingClub says the claims are unwarranted.

The Silicon Valley-based institution is funding the housing, parking and mixed-use retail development in place of what used to be a raising-drying warehouse.

Double-digit growth in personal loans and record wealth management revenue also helped the Tulsa, Okla., beat earnings forecasts.

The Florida bank's placement of all taxi loans on nonaccrual status in recent months strengthened its bottom line in the first quarter.

Double-digit gains in the bank's two largest loan categories offset declines in commercial and home loans.

CIT took a $22 million hit on a business loan, and overall loan growth was tepid.

The Cincinnati bank reported strong profits, but its efforts to lower credit risk curbed lending as expenses rose in the first quarter.

Double-digit consumer-loan growth more than offset a decline in commercial real estate loan balances.

The move toward more asset-based finance shows how CEO Craig Dahl, in his second year at the helm, is reshaping the Minnesota company after its surprise exit from auto lending last year.

Aggressive growth in commercial leasing and asset-based finance helped offset a planned pullback in auto lending at the Wayzata, Minn., company.

After nearly two years of sputtering commercial loan growth, regional bankers are counting heavily on expanding their portfolios of personal loans and other types of consumer credit.

The regional bank's net income rose 37% thanks to those factors and others.

The news of the data breach cast a shadow over relatively strong first-quarter earnings for the Atlanta bank.

Randal Quarles found himself in the middle of an issue that typically doesn't fall under a banking regulator's purview.

“We know we've said this before, but we do feel we've put this behind us now,” Joseph DePaolo said Thursday.

Randal Quarles found himself in the middle of an issue that typically doesn't fall under a bank regulator's purview.

The Waterbury, Conn., company also posted a double-digit gain in net interest income thanks to a 7% increase in commercial loan balances and a widening net interest margin.

The Bridgeport, Conn., company said that first-quarter net income climbed 52% over the same period last year to $107.9 million.

The New York bank said it wrote down each taxi medallion loan to a value of $160,000. At their peak, New York City medallions were worth well over $1 million.