Corporate finance

The bank joins rivals in predicting a better than expected Q4; JPM exec says AI could help create products for savings.

JPM’s CFO says trading, investment banking revenue better than expected; the bank will pay $192 million to settle charges it helped customers hide assets.

The Independent Bank-Texas Capital merger could prompt other banks in the state to consider selling or buying.

The agency’s semiannual report warned institutions to be mindful of operational risks from the innovation in core banking systems, and detailed supervisory steps to monitor the adoption of a new reference rate.

The company will hold off on making loans under the Advantage Loan program as it conducts an audit and implements new policies and procedures.

The market was upended because the largest banks hold more liquid assets in Treasuries than at the Fed, limiting their ability to supply repo funding on short notice, according to a new analysis from the Bank for International Settlements.

From rising incomes and expenses at credit unions to an ever-widening gap between large and small shops, here's a look at how the regulator's third-quarter numbers break down.

The $28 million-asset AB&W Employees Credit Union will merge following a year of uneven financial results.

The country's top six banks were sideswiped by rising provisions for soured loans and slumping capital markets.

The regulator says the bank needs to address employee complaints and pay controls; the presidential hopeful would make it more difficult for banks to combine.

The decline in revenue from capital markets undercut gains in consumer banking and pushed fiscal fourth-quarter earnings below analysts’ expectations.

BB&T has said the outage, which blocked customers' account access for hours, cost it about $20 million.

Bank of Montreal's drive to improve efficiencies has come with a cost: C$357 million, along with more job cuts.

The New York-based institution has returned more than $8 million to members since 2003.

One-time expenses at a handful of large banks marred an otherwise solid quarter, while higher charge-offs point to possible credit-quality concerns.

Profits dipped 7% from a year earlier but banks still earned nearly $60 billion, the agency said in its Quarterly Banking Profile.

Several banks have reported spikes in substandard loans, special mention credits and watch-list relationships. What does it all mean?

A 10% cut next year, which will be identical to the fee reduction this year, is projected to save the industry about $85 million.

In September, loan balances grew at a slower pace than a year earlier, according to the latest trends report from CUNA Mutual.

Toronto-Dominion Bank would end up with a smaller stake in a larger brokerage if Schwab and TD Ameritrade combined. But it could parlay that stake into funds for a U.S. bank acquisition.