Financial institutions

Despite some regulatory gains under the last administration, the deregulation underway by Trump officials threatens to endanger the financial system all over again.

Jamie Dimon and Lloyd Blankfein remain prominent public figures, but many other crisis-era CEOs have kept low profiles over the past decade.

Depending on the asset class, about 11%-18% of earnings per share came from tax savings. The looming question is how do they top themselves in 2019 when tax rates don’t change like they did this year.

At least six groups are exploring opening new banks in the state, which is enjoying an economic recovery and has a dearth of local financial institutions.

The letter from 29 Republicans, including some who may chair the House Financial Services Committee next year, urges the Federal Reserve’s top regulator to "recalibrate" the capital surcharge for banks like JPMorgan Chase and Citigroup.

Year to date Mar. 31, 2018. Dollars in thousands.

On Mar. 31, 2018. Dollars in thousands.

On Mar. 31, 2018. Dollars in thousands.

The French company's stake in First Hawaiian will fall to about a third after the secondary offer is completed, and First Hawaiian will buy some of the shares.

Ten years ago, it was a banking crisis, but it became a political one. That crisis never ended.

The California company also benefited from higher interest rates and double-digit loan growth.

Organizers of Dogwood State Bank want to open Raleigh's first new bank since the financial crisis.

First Hawaiian, which is currently being spun off from BNP Paribas, has hired Ravi Mallela as chief financial officer.

John Turner, who became CEO of the Alabama company this month, has promoted John Owen to COO. Its Turner’s second executive appointment this week.

The San Antonio company also kept a lid on expenses in the second quarter, further boosting its bottom line.

The North Carolina regional will pay $30 million for the much-smaller Palmetto Heritage Bancshares.

The Ohio company said low unemployment is keeping business clients from expanding, while higher asking prices are forcing it to avoid bank acquisitions.

Prosperity Bancshares in Houston said that its earnings increased 19% from a year earlier as its efficiency ratio rose.

Vipin Gupta, who was chief information officer at Key Community Bank, will oversee strategy for information technology at Toyota Financial Services.

BankUnited in Miami Lakes, Fla., said that second-quarter earnings rose 36% as average loan and investment securities balances increased.