Consumer lending

Fee income falls at SunTrust, but profits still soar

10/19/18

Strong net interest income and other factors made up for a drop in investment banking and other noninterest income at the Atlanta bank, which reported double-digit earnings growth.

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Warren calls for Sloan's head; bank groups pan Volcker 2.0

10/19/18

The senator wants the Fed to retain its asset cap on Wells Fargo until the CEO is fired; industry groups call on regulators to reconsider or scrap plans to modify Volcker Rule.

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Tech spending sprees, construction comeback: Takeaways from 3Q earnings

10/18/18

A shifting C&I landscape, heated competition for deposits and red flags in consumer lending also took center stage in often testy exchanges between bankers and analysts on quarterly earnings calls.

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Goldman, Morgan Stanley want to lend the ultra-rich more money

10/18/18

The firms' profit reports this week showed they're increasingly rushing into the booming market for lending to high-net-worth individuals. So far, it's paying off: Morgan Stanley has tripled those loans in the past five years, while Goldman Sachs is expanding overseas.

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Small banks are grabbing more of the C&I market. Wise move?

10/17/18

Bigger banks appear to be losing C&I share to small and midsize lenders. That's raising questions about whether community banks — known more for commercial real estate lending — have enough expertise to underwrite deals that larger banks avoid.

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Banks should measure their social impact

10/16/18

As financial institutions struggle to regain public trust, they need to find more systematic ways to gauge how their work impacts consumers and communities.

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Bank Holding Companies with the Largest Credit Card Loan Portfolios

10/15/18

On Jun. 30, 2018. Dollars in thousands.

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Bank Holding Companies with the Largest Consumer Loan Portfolios

10/15/18

On Jun. 30, 2018. Dollars in thousands.

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BofA's loans rise 1.4%, but margins exceed expectations

10/15/18

Net income soared 32% thanks to higher interest rates that contributed to a wider net interest margin and its most quarterly interest income in years.

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Citi’s credit card business reaches a turning point

10/12/18

Citigroup spent years reeling in customers with promotional rates, many of which have expired or soon will. The bank thinks it can keep a large number of those customers and make more money off of them.

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