BankThink

Consumer banking rises 2% at Citi

01/18/17

Citigroup reported fourth-quarter profit that surpassed analysts’ estimates as trading revenue jumped 31%, more than the bank had forecast last month.

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Changing of the guard at U.S. Bank; Steve Mnuchin's other bank

01/18/17

As expected, Cecere succeeds Davis at regional bank; OneWest is expected to get most of focus at Treasury nominee's confirmation hearing, but First Federal acquisition also raises questions.

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FIS launches networking group for fintech firms

01/17/17

FIS is forming a network for the inaugural class of its VC Fintech Accelerator program.

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Commercial loan niches hold promise, but which niche is the smartest?

01/17/17

Three midsize banks projected increases in loans this year in the latest round of earnings discussions, but their levels of optimism varied, and their commercial lending strategies in some cases conflicted.

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Fulton Financial profit jumps on lending growth

01/17/17

Higher lending for mortgages, construction and commercial real estate boosted Fulton Financial's profit.

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HSBC turns to tech execs for guidance

01/17/17

HSBC has formed an advisory board to guide it on fintech, cybersecurity and IT infrastructure issues.

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Wells' new pay plan is 'not that radical' – and that's good news for rivals

01/17/17

The embattled company's new incentive pay plan appears to resemble those used by other banks, which suggests that regulators are unlikely to demand big changes throughout the sector.

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A low-key leader for low-growth conditions: U.S. Bancorp's Cecere

01/17/17

The highly regarded and outspoken Richard Davis is a hard act to follow, but Andy Cecere, who will take over the successful Minneapolis company in a few months, is said to have the right blend of knowledge and judicious temperament for meeting the business challenges that lie ahead.

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White House outlines broad principles on fintech

01/17/17

Just days before President Obama will leave office, the White House released a white paper advocating for the U.S. government to engage in efforts to promote the fintech industry.

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Mercantile's 4Q results reveal strong credit quality, cost control

01/17/17

The Michigan company expects a recently announced mortgage initiative to produce solid growth in 2017.

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