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First Niagara Financial Group in Buffalo, N.Y. has hired Peggy Yankovich to lead the commercial card and payments business of its treasury management group. Yankovich had been the global head of corporate cards, global payments & cash management at HSBC.
July 16 -
Wintrust Financial in Rosemont, Ill. reported higher second-quarter profit due to loan portfolio growth and higher mortgage banking revenues.
July 16 -
WASHINGTON Steven Antonakes, the No. 2 official at the Consumer Financial Protection Bureau, is resigning from the agency, according to an internal agency memo obtained by American Banker.
July 16 -
Kelly King, who is close to closing BB&T s biggest acquisition to date, told analysts that he could look to add up to $20 billion in assets next year through acquisitions. Management also used a conference call to emphasize the ongoing importance of organic growth.
July 16 -
Georgia United creates 'chief people officer,' Pen Air FCU snags CUNA award and more.
July 16 -
Bank executives never know what to expect when they face analysts. M&T's CFO may have been prepared for questions on the companys long-delayed acquisition, but instead he got tougher question over a charitable donation.
July 16 -
First Republic Bank in San Francisco reported higher second-quarter profit, driven by higher loan revenue and wealth management fees.
July 16 -
The Cleveland company, which this spring said it had decided to start originating its own mortgage loans again, shared more details on the start date of this new effort and the rationale behind it.
July 16 -
Washington Federal in Seattle reported higher quarterly profit due to gains from the sale of foreclosed properties and certain investments.
July 16 -
BB&T in Winston-Salem, N.C., met Wall Street's earnings expectations after reporting revenue rose slightly. The company's second-quarter net income available to shareholders rose 7% from a year earlier, to $454 million. Revenue increased 1.3%, to $2.3 billion.
July 16 -
Citigroup Inc., the third-largest U.S. bank, posted profit that beat analysts' estimates as Chief Executive Officer Michael Corbat showed progress on cutting costs.
July 16 -
The combination of swelling deposits and weak loan growth continues to be a tough problem for regional banks. U.S. Bancorp's Richard Davis thinks higher loan growth is just around the corner to solve the problem, but PNC's Bill Demchak fears deposits could flee faster than lending will ramp up.
July 15 -
PacWest Bancorp, the parent of Pacific Western Bank in Los Angeles, reported earnings of $85.1 million in the second quarter, up 16% from the prior quarter.
July 15 -
Santander Consumer USA Holdings named Blythe Masters nonexecutive chairman, replacing the executive who quit the post less than two weeks ago and a week after the subprime auto lender's parent company was hit with a regulatory order.
July 15 -
Veridian CU announces new CFO, Langley FCU elects two to its board and more.
July 15 -
PNC Financial Services Group in Pittsburgh said its second-quarter profit declined, citing lower yields on loans and securities.
July 15 -
Wells Fargo executives received a host of questions Tuesday about the effect of rising interest rates on its deposits and other risk factors, but they said they cannot let uncertainty restrain their short-term actions and think some predictions about rates especially on Treasuries may be wrong.
July 14 -
Banks better get ready for a quick, steep increase in deposit costs after the Fed raises rates. Technology, new regulations and other factors have changed the slower-paced retail-banking game of old, JPMorgan Chase executives say.
July 14 -
Bank of America has named Jackie Yoon president of its St. Louis market, after Larry Otto left the job for the same position at U.S. Bancorp.
July 14 -
Comerica in Dallas has hired a leader for its commercial lending division after its vice chairman, who had led that segment, resigned.
July 14










