Bankruptcy Blogs

Amex beats estimates; OCC blames itself on Wells

04/20/17

The card company reported flat billed business following two down quarters despite loss of Costco co-branded business; bank regulator faults its examiners for ignoring Wells Fargo problems as far back as 2010.

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BB&T accepts short-term earnings hit for higher profit in coming quarters

04/20/17

The North Carolina company reported lower net income from a year earlier after extinguishing nearly $3 billion in FHLB advances. BB&T also reported more regulatory charges as it deals with a consent order.

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Market rally, rate hikes combine to boost BNY Mellon’s 1Q profit

04/20/17

The custody bank also won $109 billion worth of new asset-servicing business in the quarter, which pushed assets under custody to over $30 trillion.

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Les SCPI pour dynamiser son épargne

04/20/17

Avec des performances toujours aussi attractives, les SCPI sont en 2017 l’une des meilleures pistes à envisager pour diversifier, mais surtout pour dynamiser son épargne. Une manière d’investir dans la pierre, de profiter de rendements fort intéressants, tout en évitant les tracasseries locatives. Qu’est-ce-qu’une SCPI ? Une SCPI est une Société Civile de Placement Immobilier. Cette […]

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Signature Bank seeks more C&I loans to take advantage of rising rates

04/19/17

The New York bank has rapidly expanded its commercial real estate lending over the last several years, but now it is ready to slow down a bit and add more commercial and industrial loans to the mix.

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Energy sector rebound fuels 1Q profit rise at Texas Capital

04/19/17

Texas Capital Bancshares sharply reduced the size of its loan-loss provision as credit quality improved in its energy loan book. That helped the Dallas bank post a 77% rise in first-quarter profit.

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BancorpSouth reports higher profit on loan growth, expense control

04/19/17

The Mississippi company's first-quarter earnings rose 60% from a year earlier. Its results from last year were weighed down by a settlement with regulators.

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American Express revenue beats estimates after marketing push

04/19/17

American Express Co. reported revenue that beat analysts’ estimates after a marketing campaign showed signs of encouraging more card spending after the loss of key partnerships.

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Wells Fargo CEO: Ousting most of board would be 'crazy'

04/19/17

Tim Sloan just survived his biggest test yet, when a board investigation found he wasn't to blame for the bank's notorious account scandal. But his next is just days away: Persuading investors not to expel much of the board.

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House panel to hold hearing on Dodd-Frank overhaul plan next week

04/19/17

The House GOP has signaled that it is ready to move forward on its Dodd-Frank Act replacement plan.

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