Economy

Loans for recreational vehicles may yield higher returns than traditional auto loans, but the opportunity could fade if the economy heads into a recession.

Once a moneymaker and executive training spot, the business is no longer cost-effective; Edward Bramson wants a board seat.

Recent developments give the impression that the administration and lawmakers are in direct competition, but the ultimate framework may rely on coordination from both branches of government.

The exemption was included in a suite of other changes unveiled to provide greater transparency to the Fed's stress testing regime.

Absent some policy change, nearly a third of the loans backed by Fannie Mae and Freddie Mac could be in violation of the Consumer Financial Protection Bureau's Qualified Mortgage rule in two years.

Policymakers need to update banking regulations to minimize the risks posed by technology companies entering financial services, a well-known policy analyst says in a new paper.

BBVA Compass in Birmingham, Ala., reported 6% increases in loans and revenue, as strength in consumer loans and credit cards offset weakness in fee income.

As policymakers consider administrative reforms to Fannie and Freddie, they must address the problem of capital arbitrage to avoid overleveraging the mortgage system.

The European Commission says eight unnamed banks operated as a cartel in the €7 trillion eurozone government bond market; authorities detected a 150-foot tunnel leading to a JPMorgan Chase branch in Florida.

The regional bank is roughly a third of the way to the 260 workers needed to staff the 25 branches it plans to open there over two years.

Although the credit union industry managed to add more loans and members, lending is expected to grow at just 8 percent this year, according to a recent report.

The new asset-based securities lending unit, based in Charlotte, N.C., will provide warehouse lines of credits to nonbank consumer and commercial lenders.

It’s possible the G-SIB surcharge, an additional capital charge on large banks, contributed to market volatility at the end of last year, argues Sen. Thom Tillis.

In addition to closing on its largest acquisition to date, the Tulsa, Okla., company reported double-digit growth in energy, health care and commercial real estate loans.

The French banking giant has spent months winding down its holdings in the $20 billion-asset bank.

Assets increased 6% in 2018 to nearly $52 billion as loan originations surged and the company redeployed $2 billion of cash into higher-yielding securities.

Big data and artificial intelligence will allow banks to do more for small businesses, former SBA head Karen Mills argues.

The Trump administration will offer a framework and get Congressional input on housing finance; some online banks offer more than 2% interest on deposits.

Banks say regulatory relief efforts should go even further, while public interest groups — and even one of the Fed’s regional offices — say the proposals to roll back supervisory standards go too far.

Shaza Andersen, a well-known banker around the nation's capital, would serve as Trustar Bank's CEO.