Earnings

Business loans rise 6% at Citizens Financial

07/20/18

That helped push total lending growth to 4% and contributed to strong second-quarter earnings at the Providence, R.I., company.

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State Street to buy investment management platform for $2.6B

07/20/18

State Street said it would suspend a share repurchase program and issue common and preferred stock to pay for the deal.

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Consumer and CRE loans rise at SunTrust

07/20/18

Yet margin improvement proved to be the decisive factor in a strong quarter in which total lending was flat.

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CFPB nominee stands strong; Wells Fargo’s latest issue

07/20/18

Kathy Kraninger emerges “unscathed” in testy Senate confirmation hearing; the bank is reportedly refunding money it charged customers for add-on services.

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Credit losses shrink at Capital One

07/19/18

Credit card and auto loans grew again in the second quarter at the McLean, Va., company, and the net charge-off rates of both business lines fell, too.

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‘FHFA is a toothless tiger’: Comments of the week

07/19/18

Readers weigh in on the Federal Housing Finance Agency's leadership structure, react to a recent data-sharing debate, opine on whether banks should let consumers use their credit cards to buy bitcoin and more.

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Why regional bank CEOs are lukewarm on more M&A

07/19/18

While the regulatory environment is more accommodating for big deals, many regionals still have their reasons for staying on the sidelines.

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Asset inflows, higher rates push BNY Mellon profit higher

07/19/18

Assets under custody and administration surged to a record high of $33.6 trillion, the trust bank said in its second-quarter report.

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Fifth Third profits rise despite ongoing fee pressure

07/19/18

An uptick in lending helped to offset declines in both service charges and mortgage banking fees at the Cincinnati company.

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BB&T warns of slower revenue growth in second half of '18

07/19/18

A tempered forecast overshadowed solid second-quarter results at the North Carolina regional bank.

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