Performance reports

OnDeck Capital in New York reported a $5.1 million loss in the fourth quarter as revenue failed to keep pace with rising expenses.

When Andrew Samuel joined Sunshine Bancorp in 2014, it had a casual culture where growth wasn't a big focus. Less than two years later, he has turned the company into a commercial bank with growth — and acquisitions — firmly in its future.

HSBC Holdings posted an unexpected fourth-quarter loss, its first since at least 2009, as revenue dropped and loans to oil and gas companies drove a jump in impairment charges.

Industry pundits have been predicting the demise of the branch since the dawn of online account access 20 years ago, but digital services haven't replaced branches. They have just increased the contact banks have with their customers. That's won't change anytime soon.

Barclays' investment bank chief, Tom King, plans to retire as soon as next month, said people with knowledge of the plans.

Comerica in Dallas retroactively cut its fourth-quarter profit by $14 million after discovering that a single borrower — an Arizona company the bank did not identify — was unlikely to repay its loan.

Community bank executives need to focus on these three areas in order to embrace change and cater to younger, tech-savvy customers.

Bank of Missouri knew that using new technology was important in making its business processes more efficient. But its IT team also knew that it had to get buy-in from the employees actually completing the steps as well to see real results.

The Detroit company is plowing ahead with its growth strategy at a time when some shareholders are agitating over its sagging share price.

Banks are coming up short in trying to keep pace with other more advanced app providers, but emulating these five steps taken by nonbanks can help drive mobile engagement.

Asset growth drove the Pennsylvania bank to create software that helps it vet and monitor vendors, with automated tracking of contracts and deadlines and storage of supporting documents.

Dick Evans, chairman and CEO at Cullen/Frost Bankers in San Antonio, discusses the decline in oil prices, and what it means for energy lending at the $28.6 billion-asset company.

It is outside the realm of possibility for bitcoin's blockchain to serve any useful purpose for the intermediaries it was designed to replace.

Here are the most common mistakes that would-be financial services disruptors make on their way to trying to execute a great idea and business plan.

The industry's rapid change is shining a spotlight on middle and senior managers who inherit positions and often have to fix the messes — while maintaining the successes — of their predecessors.

A pair of former BBCN directors said they resigned due to issues with the company's corporate governance and the leadership of Chairman and CEO Kevin Kim. BBCN claims the directors, who voted against its planned acquisition of Wilshire Bancorp, resigned after they were informed of plans to remove them from the board.

CEO Jeffrey Brown spent much of the firm's quarterly earnings call Tuesday responding to the demands of shareholders who are unhappy with Ally's weak stock price.

Trade groups for both industries put aside differences to seek congressional signatures on a letter urging FASB to reconsider its controversial proposal requiring early-stage loan-loss provisioning.

Fourth-quarter profit tanked at CIT Group in New York, as the costs to dismiss former OneWest Bank executives, and losses tied to the sale of Brazilian businesses weighed on results.

The near future may find more banks ceasing to originate residential mortgages in an effort to stop the slide in stock prices.