BB&T

Tax hits, deposit wars, paydown blues: A 4Q preview

12/07/17

It’s only early December, but bank CEOs’ comments this week about tax reform, their thirst for deposits, consumer lending initiatives, and challenges in commercial lending offer a sneak peek at what’s coming when earnings season begins next month.

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Dudley’s warning on cutting capital rules: Goldman names strategy head

11/07/17

New York Fed chief cautions against taking “meat cleaver” to Dodd-Frank; Stephanie Cohen, one of the highest-ranking women at the bank, will try finding new sources of revenue.

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Buying season ahead? Banks increasingly talk up M&A

10/20/17

Flush with capital and facing stiff competition for customers, many regional banks appear to be mulling acquisitions to accelerate growth.

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U.S. has too many banks: BB&T's Kelly King

10/19/17

Dramatic changes in the way banking services are delivered combined with slow economic growth has resulted in too many banks chasing too little business, said BB&T's CEO.

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Amex's new direction; SEC shops at JPMorgan

10/19/17

Chenault to leave credit card giant helm after 16 years, vice chairman will take his place; Brett Redfearn named the agency’s director of trading and markets.

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BB&T kept pruning its loan portfolio in 3Q

10/19/17

Total loans fell 1.6% at the North Carolina-based regional bank, which has been scaling back in key segments such as residential mortgages and auto. Wider margins offset that reduction, but earnings were flat and revenue growth small.

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D.C. gridlock suppressing demand for business loans: Bank CEOs

09/15/17

Flush with cash, many commercial firms are also opting to pay down debt rather than take on new loans, and those seeking financing aren’t always turning to banks to meet their needs.

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Card rewards give banks a rare achievement — happy customers

08/17/17

Credit card issuers have been trying to outdo each other to offer the best rewards program. And it shows, as customer satisfaction rates with many (but not all) of their banks have never been higher in a yearly J.D. Power study. But they may not last forever.

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Unwinding of Fed's balance sheet threatens bank deposit gains

07/31/17

As much as $2.5 trillion, or nearly half of bank deposit growth since the crisis, may be attributable to the central bank's quantitative easing. If investors start drawing down on their accounts to buy back assets from the Fed, the trend could dampen liquidity at certain banks, add upward pressure on deposit prices and reshape M&A.

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Profit, revenue rise at BB&T despite minimal loan growth

07/20/17

The regional bank reported an 8% gain in fee income and trimmed costs amid 1% loan growth.

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