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Strong growth in commercial and CRE lending also led record to interest income in the quarter.
January 19 -
Profit surged at BB&T in Winston-Salem, N.C., during the fourth quarter, driven by various acquisitions and growth in business lending.
January 19 -
BorrowersFirst said its new financing will come from Waterfall Asset Management, a New York firm that focuses on high-yield investments.
January 19 -
The Pittsburgh company was aided by high-single-digit organic loan growth in addition to an acquisition that was completed in February.
January 18 -
An improving picture in the energy sector helped Hancock Holding in Gulfport, Miss., report a huge jump in fourth-quarter profit.
January 18 -
Three midsize banks projected increases in loans this year in the latest round of earnings discussions, but their levels of optimism varied, and their commercial lending strategies in some cases conflicted.
January 17 -
The startup, known for refinancing millennials' student loans, is now writing more than $100 million of home mortgages a month, and expects this to be its fastest-growing product. Here's why.
January 17 -
Wells Fargo faces an economic environment that may not be particularly suited for the way the bank is structured. Also: are you brave enough to make bitcoin a part of your retirement portfolio?
January 17 -
The startup, known for refinancing millennials' student loans, is now writing more than $100 million of home mortgages a month, and expects this to be its fastest-growing product. Here's why.
January 17 -
JPMorgan Chase, Bank of America and PNC reported lackluster revenue growth as higher trading fees and increases in commercial lending barely compensated for consumer-side challenges.
January 13 -
PNC’s fourth-quarter profit improved on higher lending to corporate customers for real estate and other loans.
January 13 -
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.
January 13 -
Banks have started reconsidering how much they are willing to pay for low-income housing tax credits.
January 12 -
Any economic environment, including this one, has risks but it is unclear whether banks are sufficiently worried about what lies ahead.
January 12
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The U.K.-based firm has raised $373 million from investors since it was founded in 2010.
January 11 -
Credit unions have enjoyed a multiyear run of solid growth in membership and originations. Rising rates and the potential for regulatory overhaul could mean new competition — just as refi volumes are set to fall.
January 11 -
The Office of the Comptroller of the Currency's decision to offer a special-purpose charter for fintech firms may entice more players than expected.
January 11 -
Two influential Democratic senators' surprise objections to the OCC's fintech charter show that the initiative may be more politically fraught than the industry and agency expected.
January 9 -
F.N.B., Iberiabank and Simmons First are among the banks entering new regions. A growing need for scale and increased use of technology are among the reasons for their aggressive moves.
January 9 -
In a letter Monday to Comptroller Thomas Curry, Sens. Sherrod Brown, D-Ohio, and Jeff Merkley, D-Ore., registered their strong opposition to the concept of the charter, which would allow certain types of fintech companies to avoid state licensing requirements by obtaining a limited-purpose national bank charter.
January 9











