BankThink

Asian-American bank plans $50 million IPO

07/14/17

Several RBB Bancorp executives and directors, including CEO Alan Thian, will also sell a significant number of shares when the Los Angeles company goes public.

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Dimon: U.S. gridlock 'embarrassing,' media barely better

07/14/17

JPMorgan Chase Chief Executive Officer Jamie Dimon, fresh from a work trip overseas, unloaded on everything that's holding U.S. businesses back.

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Wells Fargo signals caution in retreat from weak car market

07/14/17

Wells Fargo's new car loans dropped by almost half in the second quarter, while its automotive portfolio fell to the lowest level in two years after the San Francisco-based company tightened underwriting standards.

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Why banks should care about Trump's climate-change withdrawal

07/14/17

Without climate change mitigation, financial institutions should expect higher weather-related losses, greater uncertainty surrounding transition pathways and increased market volatility.

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Strong commercial loan growth at PNC

07/14/17

Business lending rose 6% at the Pittsburgh bank, while consumer lending was largely flat.

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Cost control, increased lending pad quarterly profit at First Horizon

07/14/17

First Horizon reported lower fee income in the second quarter. The company said it is making progress planning for its pending purchase of Capital Bank Financial.

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Citigroup's bankers, bond traders are narrowing gap on JPMorgan

07/14/17

Citigroup Inc.’s bond traders and investment bankers are closing in on their rivals at JPMorgan Chase & Co.

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The credit union for people who breathe air: Comments of the week

07/14/17

Readers slam credit unions’ ever-inclusive membership criteria, weigh in on the OCC’s proposed fintech charter, encourage a rewrite of the CRA, and more.

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Q2 earnings season begins; CFPB director fires back at OCC

07/14/17

JPMorgan Chase, Citigroup and Wells Fargo release earnings Friday; Cordray says acting comptroller’s claim that new consumer agency’s rule endangers banks has “no basis.”

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JPMorgan proves its profits don't depend on traders

07/14/17

While trading results reported Friday were worse than the firm had warned, 2Q earnings set a record and the company said it will increase loans this year at double the rate analysts expected.

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