Earnings

Would TD Bank benefit from a Schwab-Ameritrade deal?

11/21/19

Toronto-Dominion Bank would end up with a smaller stake in a larger brokerage if Schwab and TD Ameritrade combined. But it could parlay that stake into funds for a U.S. bank acquisition.

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CIBC's 'day late and a dollar short' missteps sour investors

11/19/19

Five years into Victor Dodig's time as chief executive officer of CIBC, the performance gap between Canada's fifth-largest bank and its peers is as wide as ever.

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Eagle in Maryland discloses spike in watch list loans

11/13/19

Such credits, which reflect borrowers with financial challenges, increased significantly during the third quarter.

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Equity Bancshares in Kan. discloses material weakness tied to internal controls

11/13/19

The issue, tied to how the company reconciles corporate accounts to its general ledger, is not expected to impact past financial statements.

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BB&T and SunTrust have extra incentive to close deal in '19

11/08/19

Completing the deal before the new year would let the merged company avoid an earnings hit in complying with the Current Expected Credit Loss accounting standard and give it more flexibility on capital adjustments.

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Neobanks pose latest threat to prepaid card issuer Green Dot

11/08/19

Earlier this decade, a boom in low-cost prepaid cards undercut the firm's business model. Now the fiercest competition is coming from venture capital-backed startups that offer accounts with no overdraft fees.

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Hilltop discloses material weakness tied to its loan-loss allowance

11/01/19

The Dallas company said it should be able to avoid restating past financial results. Hilltop also reported higher quarterly earnings boosted by a increase in mortgage activity.

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What helped Cullen/Frost expand its 3Q margin

10/31/19

The San Antonio company said it withstood rate pressures because it has been ahead of the game in deposit pricing over the last two years.

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SOFR-linked deals plummet; 1MDB scandal mastermind settles with DOJ

10/31/19

Issuance of securities backed by the ostensible Libor replacement hit by money market turmoil; Jho Low will surrender luxury assets.

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New York Community warns about heated competition in multifamily lending

10/30/19

Shares in the lender fell after it reported lower third-quarter profits, said nonperforming assets rose and cautioned that it had lost multifamily loan deals to competitors offering easier terms.

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