The Detroit company is facing stiffer competition in the battle for online deposits, but it has benefited from a key rival's retreat in auto lending
Whoever succeeds current Director Mel Watt will have a front-and-center role in efforts to reform Fannie Mae and Freddie Mac.
The San Antonio company also kept a lid on expenses in the second quarter, further boosting its bottom line.
President Trump isn’t the first commander in chief to try to exert influence over the central bank, and history shows the clashes can end badly.
The Oklahoma bank’s net charge-offs were its second-highest in the last five quarters, but the company said it was confident in its credit quality outlook and growth prospects from a pending acquisition.
The North Carolina regional will pay $30 million for the much-smaller Palmetto Heritage Bancshares.
Shemara Wikramanayake’s appointment is termed a “landmark”; the company’s stock falls 3% despite a 28% earnings increase.
Forrester principal analyst Alyson Clarke explains why the two nonbanks fared well in a recent survey of 110,000 Americans.
The company will pay $191 million for Skagit Bancorp, a deposit-rich bank in Washington's North Sound region.
The $54 million purchase of Pilgrim Bancshares will give Hometown branches in all three regions of Massachusetts.
