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While they won’t be in position to enact legislation, House Democrats could use their newfound power to spotlight issues that Republicans have largely ignored, including the exploding levels of corporate debt.
November 13 -
Raises for the rank and file have fueled investor complaints that banks aren’t keeping a lid on expenses. Executives say the pay increases have lowered turnover and improved customer service.
November 8 -
The Federal Reserve Board plan to revise its post-crisis framework promises reduced compliance costs and other benefits. But some analysts see the removal of guardrails as increasing failure risk, which may spook investors.
November 5 -
Clarfeld Financial Advisors will become a division of Citizens Bank Wealth Management.
November 5 -
The $263 million portfolio has been covered by a loss-share agreement since an investor group bought the failed BankUnited in 2009.
November 5 -
Koebler, the bank's head of consumer lending, will replace Jerome Lienhard, who is retiring.
November 1 -
The Dallas bank inherited the five Bank of the Hills branches when it acquired Sterling Bancshares in 2011.
November 1 -
With their share prices slumping and growth prospects dimming, many banks are trying to appease investors by initiating buyback programs.
October 31 -
In a highly anticipated proposal, the central bank outlined a new approach for its post-crisis supervisory program that divides banks into different tiers based on size.
October 31 -
A deal between TD Bank and a Vermont nonprofit is just one example of how banks are getting creative in addressing affordable housing needs while reaping financial and regulatory benefits.
October 30 -
The U.S. subsidiary of the Spanish company Banco Bilbao Vizcaya Argentaria benefited from healthy growth in consumer, credit card and C&I lending in the third quarter.
October 30 -
The Cleveland bank gave details on a program for trimming 5% in expenses next year in order to ensure its efficiency ratio goals are met.
October 30 -
The Federal Reserve Board’s meeting to discuss supervisory standards for midsize institutions will be closely watched by regulatory relief advocates and those who want the Fed to maintain its firm hand.
October 29 -
The central bank will hold an open meeting Oct. 31 to discuss changes to the enhanced supervisory regime as required by the regulatory relief bill passed in May.
October 24 -
The Minneapolis company said in an email to American Banker that it would reduce its headcount by approximately 1%, or about 740 positions, across the company.
October 24 -
The Florida bank set aside much less money to cover soured medallion loans in the third quarter, and total loans rose more than 7%.
October 24 -
The pressure is on for banks to lean more heavily on capital markets, wealth management and other nonmortgage sources of fee income. That could get tougher in upcoming quarters.
October 23 -
The Ohio company touted a strong pipeline for loans but warned that noninterest costs will likely rise in the fourth quarter when it records charges tied to branch closings.
October 23 -
Though consumer lending and C&I lending improved at the Cincinnati company, its corporate and mortgage banking revenues fell in the third quarter. Last year Fifth Third also posted a one-time gain of $1B associated with its sale of shares in Vantiv, complicating the comparison.
October 23 -
The $22.9 billion-asset TCF also highlighted improvements in credit quality in the third quarter as it continued to exit the auto finance business.
October 22
























