Economy

The bank has taken a decisive step to protect its asset quality, but the move also raises questions about what will drive loan growth in the future — and whether the company is on the block.

Royal Bank of Canada showed it can defy expectations even while being more selective in lending.

Along with crowdfunding and peer-to-peer lending, cryptocurrency can improve access to payments, credit and other financial services for SMEs, writes Eugene Green, CEO and founder of WishFinance.

For remaking East West Bank from a small savings institution into a $36.3 billion-asset player with a seat on the front lines of U.S.-China relations — all while churning out record earnings year after year — American Banker is recognizing Ng for being a "Consistent Performer" as part of our 2017 Banker of the Year awards.

The service will require more coordination between the bank and its parent company, BNP Paribas.

On his last day at the agency, Keith Noreika called for scaling back the Bank Holding Company Act, arguing that it burdens banks with duplicative regulation and restricts their economic potential.

The pilot could help the agency improve its image after past criticism of slow responses to catastrophes.

Conforming loan limits for mortgages bought by Fannie Mae and Freddie Mac will increase for the second consecutive year in response to the rapid rise in home prices, the Federal Housing Finance Agency said.

The former bank CEO is widely expected to continue the recent push to implement a more industry-friendly agenda.

The Pittsburgh bank is counting on its acquisition of the Trout Group to help strengthen ties with clients in the life sciences, biotechnology, pharmaceutical and medical device sectors.

New York Venture Bank would be run be a former Square 1 executive and would feature former CFPB deputy director Raj Date on its board.

A decision to slash the equity required for most change-in-ownership loans could help the small-business lending program top its recent record.

Borrowing from the startup world and some popular TV shows, Citigroup is encouraging employees to pitch innovative ideas to a panel of senior execs who could give them the green light to start work.

Bank ponders assisting customers trading digital currency futures; banks still face challenges despite a good third quarter.

The past year has been a wild ride for everyone, but it has left bankers in particular with many reasons to count their blessings.

The digital-currency startup, which markets software to banks, appears keen to signal that it wants to play by the rules.

Federal Deposit Insurance Corp. Chairman Martin Gruenberg raised concerns about provisions that would significantly increase the systemic risk threshold for large banks, as well as one that would change the calculation for the supplementary leverage ratio.

Guidance focuses on five key traits, including overseeing risk profiles; a former Congressional aide says agency must be accountable.

Zions Bancorp. appears to have found a novel approach to escape the added requirements for banks above the Dodd-Frank Act's systemic $50 billion asset threshold, but other banks in a similar position are more likely to wait for Congress to address the issue rather than following suit.

Carver Bancorp, which has spent 70 years serving minorities in Harlem and surrounding neighborhoods, is struggling to turn a profit. As black-run banks nationwide struggle to stay afloat, Carver's CEO insists the institution is on the right track.