Credit quality

HSBC's surprise: An $897M charge for toxic U.S. mortgages

05/04/18

Costs rose at the global bank, profit in North America fell 16%, and questions are mounting for new CEO John Flint ahead of the release of his strategic plan.

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Back from the brink and ready to get back to lending

04/27/18

Porter Bancorp in Kentucky spent years tackling credit and capital issues. As Limestone Bank, it will finally get back on offense.

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Commercial loan charge-off put a dent in CIT's 1Q

04/24/18

CIT took a $22 million hit on a business loan, and overall loan growth was tepid.

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Zions' results reflect growing comfort with oil exposure

04/23/18

The Utah company reduced the size of its loan-loss allowance, citing improvement in its energy book at minimal losses from Hurricane Harvey.

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When ‘as is’ won’t cut it: Cleaning house to get a bank deal done

04/20/18

First Personal Bank in Illinois tried — and failed — to sell itself three times. The bank finally found an eager buyer after tackling several lingering problems.

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PacWest profit jumps 50% on improved credit quality, CRE growth

04/17/18

The Los Angeles bank also benefited from a reduced reliance on costlier certificates of deposit.

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Legal expenses eat into M&T's 1Q profits

04/16/18

A $135 million increase in litigation expenses related to its 2011 acquisition of Wilmington Trust overshadowed a wider net interest margin and improved credit quality for the Buffalo, N.Y., company in the first quarter.

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Wells may restate earnings; Capital rule phase in

04/16/18

Bank’s earnings report notes possible $1 billion in fines; loan-loss accounting rule will be rolled out over three years.

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Wells Fargo's latest problems go beyond potential $1 billion fine

04/13/18

The bank revealed Friday that it is facing hefty regulatory penalties and will likely have to restate first-quarter earnings. Declines in loan balances and fee income and questions about upcoming stress tests are only adding to investors' worries.

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Banks were told tax reform would spur lending. They’re still waiting

04/12/18

Investors are growing worried about lackluster loan growth this year at community banks.

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