Commercial banking

TD Bank makes small-business push along East Coast


The Toronto company will add as many as 75 small-business bankers in several of its key U.S. markets.


Lemons or lemonade? How bankers feel about their environment


Some execs have plenty to be sour about, but others are emphasizing the possibilities amid today's economic and political realities. Their contrasting mindsets were on full display at a Credit Suisse conference this week.


'Not hearts and minds': Comments of the week


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


TCF’s tough-guy CEO had a soft spot for working-class customers


Longtime TCF Chairman and CEO Bill Cooper, who died Tuesday at the age of 73, is being remembered as an innovator who never forgot where he came from.


William Cooper, retail banking innovator, dies at 73


Cooper built TCF into a Midwestern powerhouse by targeting what he called the “Joe Lunch-Bucket crowd.”


Regional bankers manage expectations on lending


Corporate borrowers aren’t ready just yet to pull the trigger on multimillion-dollar loans to buy fleets of trucks or scads of new inventory despite excitement about a more business-friendly Washington, lenders cautioned.


Trump's anti-Mexico policies threaten Citibanamex, revive divestiture talk


The president’s vow to impose a 20% tax on Mexican imports could make life harder for the Citigroup-owned unit, which is Mexico’s second-largest bank.


Bankers grapple with Trump's 'America First' trade agenda


Bank CEOs have recently raised red flags about the president's protectionist rhetoric, including his proposals to tax imports from China and Mexico. The concerns have arisen as import-export financing is already facing headwinds.


CIT profits plunge on restructuring costs


The Livingston, N.J., company took a big hit in the fourth quarter as it continued to divest certain business lines and restructure its operations.


How this bank keeps small-business clients away from online lenders


Eastern Bank developed its own online lending platform to compete with the likes of Kabbage and OnDeck. It might now be able to cash in by licensing to other banks.