Commercial banking

JPMorgan proves its profits don't depend on traders

07/14/17

While trading results reported Friday were worse than the firm had warned, 2Q earnings set a record and the company said it will increase loans this year at double the rate analysts expected.

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How banks are fighting climate change

07/11/17

When the U.S. withdrew from the Paris Agreement, business leaders across the country called on the private sector to step up their own efforts to reduce greenhouse gas emissions and ultimately limit global warming to 2 degrees Celsius. From new corporate governance practices to energy efficient upgrades, here’s a look at some of the ways the banking sector is combating climate change.

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California struggles for answer to pot banking conundrum

07/10/17

The nation’s largest state set out to bring a once-illicit industry into the financial mainstream but is now running into a Washington, D.C.-size barrier.

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Vantiv to buy Worldpay for $9.9B as JPMorgan bows out

07/05/17

The deal partners said the cost savings opportunities and international reach presented by the combination were appealing, and JPMorgan Chase said it won’t make a bid after being invited to consider an offer.

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N.J.'s Sun Bancorp caps its turnaround with sale to OceanFirst

06/30/17

The $487 million deal would be OceanFirst's fourth, and largest, acquisition in its home state since 2015.

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Santander taps consumer, commercial bankers to serve as co-presidents

06/27/17

Michael Cleary, Santander's head of consumer and business banking, and Robert Rubino, a former executive vice president at Citizens Financial Group, will share duties while overseeing their own business units.

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Triumph in Texas bulks up in Colo. with branch buy

06/26/17

The $2.6 billion-asset parent of TBK Bank is acquiring nine branches from Independent Bank Group.

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Berkshire Hills’ quest to become New England’s next breakout bank

06/23/17

A headquarters move to Boston, a core system with plenty of headroom and a CEO who admires big acquirers like M&T and the old Banknorth: All the signs are there of an ambitious bank with a plan.

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RBC's job cuts are latest sign of strain among Canadian banks

06/21/17

Royal Bank of Canada, the country’s second-largest lender by assets, is cutting about 450 positions, mostly at its headquarters.

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Big banks and regionals strategize for the second half of 2017

06/15/17

With the first half of 2017 drawing to a close, bank executives gathered this week at the Morgan Stanley Financial Services conference to discuss their companies’ performance thus far and, more important, outline their priorities for the rest of the year and beyond. Here are some of the highlights.

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