News Topic: Commercial banking

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

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. ... Read full article

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. ... Read full article

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. ... Read full article

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. ... Read full article

With loans of $100,000 or less, the typical bank breaks even or loses money. But one Florida community bank is betting faster turnaround times on small-business loans can help the bottom line. ... Read full article

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. ... Read full article

While bankers feel more positive about the environment since the election, taking advantage of the new environment is what’s really important. ... Read full article

With Republicans in control of Congress and the White House, smaller banks see a window of opportunity. ... Read full article

Even with some energy firms still struggling, bankers seemed confident that the Texas economy would remain one of the nation’s strongest in 2017. ... Read full article

The spike in fees compensated for lower interest income. ... Read full article

The Wayne, N.J., company posted double-digit gains in interest and nontinterest income. ... Read full article

Huntington Bancshares says it is especially well positioned to benefit from a commercial lending boom that could accompany a revival of U.S. heavy industry, but other lenders also say they are upbeat. ... Read full article

The $33 billion-asset company’s net income fell 16% to $50 million year over year. ... Read full article

Big increases in construction and commercial real estate lending boosted revenue at the Kansas City, Mo., company. ... Read full article

Total loans increased nearly 17% to $19.4 billion as the company’s three main business units each added more than $100 million of new loans year over year. ... Read full article

Fifth Third and other regionals have ditched what they deem to be high-risk commercial loans in hopes of strengthening credit quality over the long term. ... Read full article

The Honolulu company plans to sell off more shares still owned by BNP Paribas and BancWest. ... Read full article