-
As the company boosts originations to subprime and other borrowers, it remains to be seen if the improvements in asset quality will continue. A similar question mark is hanging over many consumer lenders these days.
July 25 -
It's imperative that bank executives consider how the country’s trade war could hit their bottom lines.
July 25MRV Associates -
The Los Angeles company's second-quarter profit also benefited from last fall's purchase of CU Bancorp.
July 17 -
Fannie Mae and Freddie Mac may need to tap into U.S. Treasury funds when they adopt CECL, a new accounting rule that makes companies set aside money upfront for expected loan losses.
July 12 -
The Dallas company expects to report a higher loan-loss provision after the loans, which include two shared national credits, deteriorated in the second quarter.
June 19 -
CIT took a $22 million hit on a business loan, and overall loan growth was tepid.
April 24 -
The San Juan company disclosed an error in the way it calculated the provision for losses in its commercial loan book.
March 20 -
The tax reform law passed late last year, which significantly cut the corporate tax rate, has been widely popular among banks, but a one-time hit to the value of their deferred tax assets was felt far and wide.
February 27 -
The company will set aside more than $10 million, with most of the provision addressing an issue with a commercial loan.
December 19 -
The Federal Reserve Board on Thursday proposed to give banks more insight into portfolio performance under its stress testing models in an effort to help banks better understand the Fed’s methodology.
December 7