The company plans to sell more mortgages in the first quarter, which would bring its loan-to-deposit ratio below 100%.
The state has proposed a law to cap the interest rate on certain consumer loans, but nonbanks aim to skirt it by seeking a rent-a-charter.
The New York company will enter Rochester as part of its $35 million purchase of FSB Bancorp.
The bank could pay about $2 billion to close the 1MDB case in the U.S.; in letters lawmakers ask Dimon about policies to combat racism.
Impeachment continues to dominate Congress, but legislation the industry seeks is still pending and the bank regulators have a full agenda. Here are the figures who will drive the policy debate.
Lower interest rates are allowing banks to use the cheaper capital to repay higher-cost debt and prepare for future expansion.
The company will pay about $58 million in cash for Melrose Bancorp.
In October, U.S. District Judge Victor Marrero ruled against the OCC in a case brought by the New York State Department of Financial Services.
The fresh optimism is starting to outweigh some of the worries hanging over the sector heading into the new year.
House Financial Services Committee Chairwoman Maxine Waters said oversight of the bank will be a focus for the panel next year.
