News Topic: Deposits

Margin expansion may grind to a halt if the Fed holds rates steady or cuts them further. The problem is regionals tend to lack the side businesses that the big banks possess to offset lending slumps. ... Read full article

Readers react to the Fed's lengthy plan for a real-time payments system and Fifth Third's minimum wage increase, jab at Sen. Warren's absence on the Senate Banking Committee and more. ... Read full article

Year to date Mar. 31, 2019. Dollars in thousands. ... Read full article

The FBI is looking into whether Italy’s largest bank was also hacked; about 4.5 million people have already inquired about getting a cash settlement with the credit bureau. ... Read full article

Earnings at the U.S. unit of the Spanish banking giant Banco Bilbao Vizcaya Argentaria fell 13% from a year earlier. ... Read full article

Thanks to its newly launched bank, Ameriprise's 10,000 financial advisers will soon start offering direct services like deposits and mortgages. ... Read full article

First Financial Banc will gain nearly $300 million in liquidity when it acquires First National Corp. of Wynne. ... Read full article

Pressure to raise rates on deposits offset strong loan growth at the Salt Lake City company. ... Read full article

The current overdraft rules could use some tweaks, but it should largely remain the same to protect consumers. ... Read full article

Total and core deposits fell in the second quarter from three months earlier at the Los Angeles bank as consumers sought higher yields, but CEO Matt Wagner said assuring proper funding for loan growth is a priority. ... Read full article

The agency's board voted 3-1 on Tuesday to give large banks additional time to comply with new rules that force them to keep better track of insured deposits. ... Read full article

The company revealed its pretax losses for its forays into consumer and other digital banking services, which began in 2016 with the launch of a consumer deposit franchise and an installment loan product. ... Read full article

The company could rein in deposit costs, cut operational expenses and buy back more shares in anticipation of a Federal Reserve rate reduction. Other banks — especially big ones — could do the same. ... Read full article

Other banks say they need to add branches to attract more deposits, but Capital One is sticking to its strategy of aggressively closing them and gathering the bulk of new deposits online. ... Read full article

On Mar. 31, 2019. Dollars in thousands. ... Read full article

If Libra becomes a major financial force, the stability of global finance is on the line. ... Read full article

The move figures to generate more low-cost funding for the firm’s consumer lending businesses without sacrificing substantial revenue. ... Read full article

Freedom Northwest in Idaho hopes a proposal from the NCUA will help it bring in more deposits to fund a fast-growing mortgage business. Banks are crying foul. ... Read full article