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The auto lender's earnings outpaced Wall Street's expectations. But shrinking car inventories at dealerships, which stemmed from new tariffs, put a dent in Ally's lending.
July 18
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The Columbus, Ohio-based regional bank also benefited from strong performances by several legacy business lines, including auto, mortgages and SBA lending.
July 18
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The Dallas-based lender, which reported a year-over-year decline in earnings, is anticipating increased loan activity and deposit growth later in the year.
July 18
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The regional bank's cloud-based software platform will be one of the first of its kind, a top executive said Friday.
July 18
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The North Carolina-based regional bank still expects its revenue to outpace its spending this year, though if interest rates hold steady, it could "create some risk," a top executive said Friday.
July 18
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With the big banks honing in on Amex's high-end card turf, Steve Squeri said his company's past success will drive the future.
July 18
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The Rhode Island-based bank plans to use artificial intelligence to boost efficiency and improve customer service. "Everything is fair game," said CEO Bruce Van Saun.
July 17
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Fifth Third Bancorp in Cincinnati wants to become a bank for crypto platforms. Its CEO believes that stablecoins pose minimal threat to the U.S. deposit market.
July 17
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The Minneapolis-based bank reported solid commercial growth during the second quarter, with the momentum carrying over into July.
July 17
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The U.K. fintech's shares fell about 5% in London, partly due to international currency volatility. It hopes a U.S. listing will improve the company's ability to raise capital.
July 17
