Bankruptcy Blogs

Cost Increases Tame Profits at SunTrust

01/20/17

Quarterly profit fell at SunTrust Banks in Atlanta as noninterest expense rose 8.4% and its loan-loss provision increased.

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Regions counters branch-closing costs with improved loan yields

01/20/17

Quarterly profit improved despite a spike in noninterest expenses.

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'Getting the chatbot to upsell': Comments of the week

01/20/17

American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms.

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Mnuchin on the Hill; FHA mortgage loan volume rises as risk grows

01/20/17

Treasury Secretary-designate Steven Mnuchin fended off questions about his past investments and foreclosure practices while discussing policy matters at his Senate confirmation hearing; FHA mortgage bond volume is starting to hit worrisome levels.

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Associated’s profits boosted by double-digit gain in fee income

01/19/17

Associated Banc-Corp in Green Bay, Wis., reported a sharp increase in profits on an 11% increase in noninterest income and on lower credit costs.

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JPMorgan boosts Dimon’s annual pay 3.7% to $28 million

01/19/17

JPMorgan Chase increased Chief Executive Jamie Dimon’s compensation by 3.7% for last year as the bank’s stock advanced 31%.

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Four takeaways from Mnuchin's Capitol Hill grilling

01/19/17

Treasury Secretary-designate Steven Mnuchin struck a pro-banking industry tone during testimony on Capitol Hill Thursday while tangling with lawmakers over foreclosures, offshore accounts and other issues.

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Small things make a big difference, mobile check deposit edition

01/19/17

Jim Van Dyke, CEO of futurion, discusses the correlations between mobile deposit features, the ratings of those features, and app adoption.

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Banks that normally like to buy tread carefully on M&A

01/19/17

CEOs at several regionals have decided to sit on the sidelines so they can digest recent big acquisitions, while others are contemplating going for more deals provided they find lower-risk opportunities.

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New credit union battle brewing over alternative capital

01/19/17

Initial regulatory steps toward giving credit unions access to alternative sources of capital could add to bankers' concerns that their tax-advantaged rivals are expanding beyond their mission.

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