Corporate finance

A recent high-profile news story doesn't paint the National Credit Union Administration chairman in a good light, but some in the industry say it could also lead to positive changes on the board.

The Florida company's earnings increased after it completed a big acquisition and produced strong year-over-year loan production.

The McLean, Va., company also reported a decline in charge-offs on credit card loans.

CEO Greg Carmichael says the Cincinnati bank will hire bankers in Denver, Dallas and Houston as part of a broader expansion into fast-growing markets that are home to lots of midsize firms. It is also interested in buying more fee-based businesses.

The Virginia company cautioned that it expects lending to slow down this year.

The low-cost deposits it gained in its purchase of 52 Wells Fargo branches, combined with higher interest rates, lifted Flagstar's net interest margin.

Many government employees are turning to alternative lenders to bridge the gap between paychecks; the average pay at the biggest U.S. banks rose by just 3% last year, well below the CEO rate.

Fintechs are developing data-crunching, automated products that seek to help banks precisely calibrate capital levels. The banks' goal is to pass stress tests while maximizing returns to investors.

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The Tennessee company is pleased with loan growth. It has also been able to reduce its dependence on brokered deposits as it brings in new customers following its purchase of Capital Bank.

Strong demand for commercial loans helped offset weaker growth in consumer lending and a decline in fee income.

Even though American Express received pre-approval to provide transaction settlement services in China more than a year ago, it is playing the waiting game to get those wheels in motion amid a fiery political climate.

A spike in charge-offs in the third quarter stoked concerns about commercial real estate exposure. Shares in the Arkansas company rose after it reported its fourth-quarter results.

The Midland, Mich.-based institution returned $19.4 million to members for 2018 through rewards and dividends.

The units that handle small business payments and the one for larger firms will be combined; survey shows U.K. consumers may shun loans.

The acquisition of VAR Technology Finance bolsters the bank's efforts to expand into new areas of lending.

Executives at Key pushed back against doubts over a deal for Laurel Road Bank’s digital lending platform so late in the credit cycle, arguing that its customers are prime borrowers with high incomes.

American Express Co. is pulling out the big bucks to keep its stronghold on premium credit-card users.

Demand for commercial loans surged in the fourth quarter and executives at the Buffalo company see the momentum continuing in the new year.

The North Carolina regional closed dozens of branches and cut jobs across the company, directing a chunk of the savings to digital banking initiatives.