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Strong growth in the bank's core business of multifamily lending was offset by higher rates it paid on CDs and borrowed funds.
October 24 -
Netspend customers kept from accessing paychecks; Sen. Elizabeth Warren rebukes Comerica over fraud in benefits program; FDIC poised to revamp deposit rules (about time, say banks); and more from this week's most-read stories.
October 19 -
Earnings were bolstered by lower taxes and higher asset-servicing fees, but revenue was flat and analysts raised concerns about a shrinking deposit base.
October 18 -
Many bankers say the agency needs to rethink its definition of brokered deposits and how it sets interest rate caps.
October 16 -
The Dallas company reported a 41% increase in 3Q earnings despite lackluster performances in lending, deposits and fee income.
October 16 -
Banks looking to build online-only affiliates to turbocharge deposit-gathering can expect intense competition and heightened regulatory scrutiny.
October 15 -
College prospects cite the financial crisis as one reason they are passing on community bank jobs to join fintechs.
October 15 -
The third interest rate increase of the year could have a significant impact on banks' lending, deposit gathering and even M&A decisions. Here's what to expect.
October 10 -
The two megabanks face different problems, as Bank of America customers are frustrated over fees and customer service while Wells customers are alarmed about the bank's recent scandals.
October 10 -
CIT Bank and Simple recently started offering higher yields on the condition that customers make regular contributions to savings. The offers are designed to help the banks avoid rate wars, but some analysts question whether they will appeal to enough consumers.
October 10