Economy

On March 31, 2017. Dollars in thousands

On March 31, 2017. Dollars in thousands

Seeing a need for virtual and legacy payments worlds to better connect, Push Payments and partner linked2pay developed a real-time payments system that can function as that connective tissue.

The phony-sales scandal forced a reckoning over an organizational structure that had long encouraged autonomy for the bank’s various business units.

Buying Capital Bank puts the company on a fast track for more regulatory scrutiny. Executives are identifying ways to boost revenue and taking other measures so it can handle the change.

Expenses also rose, as well as the provision for loan losses, but credit quality remained spotless at the lender to the wealthy.

Business lending rose 6% at the Pittsburgh bank, while consumer lending was largely flat.

First Horizon reported lower fee income in the second quarter. The company said it is making progress planning for its pending purchase of Capital Bank Financial.

Readers slam credit unions’ ever-inclusive membership criteria, weigh in on the OCC’s proposed fintech charter, encourage a rewrite of the CRA, and more.

Property Assessed Clean Energy loans can no longer be offered in unincorporated areas of Kern County, Calif. The controversial loans, meant to promote energy efficiency, began in California and are now offered in a number of states.

It's not only regulation that is hurting profitability, but also banks' failure to adapt to the internet age, according to a recent study.

Bank of the Ozarks recently dissolved its holding company in a move that goes against modern banking strategy. There are, however, strong arguments for other institutions to follow the bank's lead.

New data shows that large commercial banks are increasing their originations of single-family construction loans, but these loans still represent a small percentage of their total assets.

When the U.S. withdrew from the Paris Agreement, business leaders across the country called on the private sector to step up their own efforts to reduce greenhouse gas emissions and ultimately limit global warming to 2 degrees Celsius. From new corporate governance practices to energy efficient upgrades, here’s a look at some of the ways the banking sector is combating climate change.

It’s not speed, which will steadily if not exponentially increase in the near term. It’s the centralists that are holding onto their roles as reconcilers of data.

The procedures manual follows other steps the Federal Deposit Insurance Corp. has taken to try to clarify its process for evaluating charter bids.

The region is responsible for a third of all bank sellers — and more than half of the industry's overall deal volume.

On March 31, 2017. Dollars in thousands

On March 31, 2017. Dollars in thousands

On March 31, 2017. Dollars in thousands