BankThink

Huntington starts to tap into last year’s FirstMerit acquisition

01/25/17

Acquisition pushes quarterly revenues past $1 billion for first time ever.

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Banks’ obsession with credit unions’ tax status helps no one

01/25/17

The banking industry casts aspersions on credit unions while overlooking their unique challenges and contributions to the broader economy.

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UMB Financial profit rises on double-digit loan growth

01/25/17

Big increases in construction and commercial real estate lending boosted revenue at the Kansas City, Mo., company.

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New York Community still hunting for a large acquisition

01/25/17

The company wants a big deal to help push it over $50 billion of assets, at which point it will be considered systematically important.

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First Merchants to buy Arlington Bank in Ohio

01/25/17

First Merchants in Muncie, Ind., has agreed to buy Arlington Bank in Upper Arlington, Ohio.

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Chase reaches deal on passwords; Mnuchin on bank regulation

01/25/17

Bank customers will be able to check information on Mint, TurboTax and QuickBooks without sharing their JPM passwords; Treasury secretary nominee says regulation should account for bank "complexity and activity"

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U.S. robo adviser market opens up to foreign competition

01/25/17

Wealthsimple is backed by the same investor, Power Financial, that last year injected $75 million into Personal Capital.

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Capital One profits fall 14% on higher credit costs, less fee income

01/24/17

Total loans rose 7%, but the provision for loan losses jumped 27% to $1.7 billion.

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Strong loan growth propels profits at Trustmark in Miss.

01/24/17

Increases in commercial real estate, C&I and municipal and state loans boosted fourth-quarter profit at the $13 billion-asset Trustmark.

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Discover’s profit jumps 13% jump on surge in consumer lending

01/24/17

Strong loan growth was partially offset by rising delinquencies in its flagship credit card business, as well as in student and personal loans.

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