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Fifth Third last bought a bank in 2008, but CEO Greg Carmichael says "strategic bank M&A absolutely makes sense," and the Cincinnati bank is poised to clear up a blot on its regulatory record that blocked dealmaking.
December 7 -
The company has been working to address an informal agreement with regulators tied to Bank Secrecy Act compliance.
December 7 -
The fires are raging in Los Angeles and Ventura counties, prompting California's governor to declare a state of emergency.
December 7 -
As some lenders exit indirect auto lending, those that stick around have an opportunity to control pricing and reach more customers.
December 7 -
The Tennessee company also set high expectations for revenue opportunities while projecting it will deliver a 15% return on equity in 2019.
December 5 -
During an industry conference Tuesday, executives from PNC, Wells Fargo, JPMorgan Chase and elsewhere offered differing takes on whether the Republican tax plan will boost loan demand.
December 5 -
Eagle Bancorp vigorously defended itself after a potential short seller made claims of dubious insider dealings, pushing back harder than many banks have in the past.
December 5 -
The expected refund is tied to loans that investors bought when they acquired the failed BankUnited in 2009.
December 4 -
The Small Business Credit Availability Act aims to double the debt-to-equity ratio for business development companies. Increased leverage could spur more lending to small and midsize borrowers.
December 4 -
American Banker’s award winners for 2017 had moments in their careers where hard knocks taught an indelible lesson, they trusted their gut or they listened to good advice. Here is a takeaway from each of their stories.
December 4