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The company continued to reduce its exposure to energy loans during the fourth quarter.
February 1 -
The acquisition should allow the San Francisco-based online lender SoFi to fulfill a long-standing goal: offering a deposit account to its young, upwardly mobile customers.
February 1 -
Gary Armstrong, former Richmond, Va., market president for Park Sterling, will have a similar role at Bay Banks.
February 1 -
Citigroup's decision to exit mortgage servicing by the end of 2018 is part of a long-term strategy to increase returns and sharpen the bank's focus on its core retail customers.
January 30 -
The California bank has hired an outside firm to review its loans and will de-emphasize health care lending.
January 30 -
Eastern Bank developed its own online lending platform to compete with the likes of Kabbage and OnDeck. It might now be able to cash in by licensing to other banks.
January 29 -
If offering a national regulation option to fintech players is the carrot, compliance with commonsense borrower protections could be the stick in promoting responsible financial innovation.
January 29
Harvard Business School -
With loans of $100,000 or less, the typical bank breaks even or loses money. But one Florida community bank is betting faster turnaround times on small-business loans can help the bottom line.
January 29 -
The banking trade group confirmed that it has run a formal bidding process to find a partner.
January 27 -
TCF Financial executives are considering pulling back from selling auto loans, following a sharp decline in gains during the fourth quarter.
January 27 -
Webster Financial was unable to hit its loan and deposit goals in Boston last year as it prioritized relationship building over cut-rate pricing.
January 27 -
The New York company may struggle with profitability as it decides whether to find a new buyer.
January 26 -
Having a bank loan officer authorized to also cross-sell securities is like holding a burning candle at both ends. Sooner or later the bank will get burned.
January 26
Barnes Walker -
Even with some energy firms still struggling, bankers seemed confident that the Texas economy would remain one of the nation’s strongest in 2017.
January 25 -
The phrase “it is what it is” came up several times as CEO Joseph Ficalora addressed analysts’ questions about nixing plans to buy Astoria and the challenges of getting another deal done.
January 25 -
The Wayne, N.J., company posted double-digit gains in interest and nontinterest income.
January 25 -
Big increases in construction and commercial real estate lending boosted revenue at the Kansas City, Mo., company.
January 25 -
The company wants a big deal to help push it over $50 billion of assets, at which point it will be considered systematically important.
January 25 -
Increases in commercial real estate, C&I and municipal and state loans boosted fourth-quarter profit at the $13 billion-asset Trustmark.
January 24 -
The National Credit Union Administration and credit union trade groups cheered a judge's decision to dismiss a lawsuit against the agency's member business lending rule, but ICBA is still mulling the possibility of an appeal.
January 24





















