Republicans repeatedly claim that the Dodd-Frank Act has hurt consumers by raising costs and hampering credit availability. But the data doesn't back that up.
Merchant banking activities activities amount to more than $30 billion in direct investments, including more than $11 billion in renewable energy investments, a survey found.
Pinnacle Financial wanted to be in high-growth markets. BNC Bancorp saw more regulatory burden looming and limited opportunities to sell itself. Those factors spurred what is currently the year's second-biggest bank deal.
It would be a pity if our bad collective memory led to an increase in systemic risk in the U.S. regulatory system, with possible international implications, so soon after the crisis.
Contrary to the opinion that the Federal Reserve is out of “options” to boost the economy, the central bank still has these three liquidity-strengthening tools at its disposal.
Peter Hancock resigns at insurer's board meeting following "shocking" $3 billion fourth-quarter loss; Wells reorganizes retail bank unit, demotes executives.
American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms.
