Branch deal, higher rates boost Flagstar's 4Q profit


The low-cost deposits it gained in its purchase of 52 Wells Fargo branches, combined with higher interest rates, lifted Flagstar's net interest margin.


Battle for deposits is ‘a steel-cage match’


Loan demand is finally picking up after several lackluster quarters. Banks' big challenge is finding cheap deposits to fund all those new loans.


Signature Bank's profits surge on market, business-line expansion


The New York company added eight new client teams in 2018 and established a new division that caters to private equity firms on both coasts.


Freed from consent order, U.S. Bank steps up branch plan


The nation’s fifth-largest bank now has the financial flexibility to consolidate more branches in existing markets and open new, smaller ones in cities where it has no retail presence, CEO Andy Cecere said.


Moynihan or Dimon: Whose crystal ball is right?


Bank of America CEO Brian Moynihan and his fellow executives said they see nothing to suggest a slowdown is imminent. Their outlook was far more upbeat than that of JPMorgan chief Jamie Dimon.


Strong commercial lending offsets margin pressure at First Republic


The San Francisco company's quarterly earnings also reflected higher wealth management revenue.


Why more banks aren't doing the robot


Robotic process automation is said to have a high return on investment, but adopting it on a large scale has proven challenging, especially at community banks.


M&A in 2019: Banks will keep paying up for deposit-rich sellers


Deposit premiums for bank mergers, which topped 10% in 2018 for the first time in years, are expected to keep rising as competition for cheap funding intensifies.


USAA mishandled payday disputes, opened unauthorized accounts: CFPB


The bank will pay over $15 million in restitution and fines to settle claims that it neglected stop-payment requests and reopened deposit accounts without customers' consent.


Forget M&A: Regions takes different path in pursuit of growth


New CEO John Turner hasn't fully laid out his vision for the future, but it clearly will involve hiring specialized lenders, balancing labor-saving AI with old-fashioned relationship building, and more streamlining.