Earnings

Depositors put ‘digital capability’ on par with yields: Inside JPM's 3Q

10/12/17

Consumers are looking for high-tech services, not just higher deposit rates, in deciding where to park their cash, a top JPMorgan executive said in discussing the company's explosive deposit growth in the third quarter — and whether it will continue.

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Commerce in Mo. reports higher earnings on expense control, increased lending

10/12/17

The company had strong gains in construction lending and trust fee income, but its business lending operation had flat results.

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HSBC names new CEO; BlackRock assets near $6 trillion

10/12/17

John Flint, HSBC's current retail chief, will take the helm next February; asset manager BlackRock has added $1 trillion of assets in the past year, or more than $1.5 billion every business day.

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Citigroup's 2% reduction in costs provides cornerstone of 3Q

10/12/17

Overall net income rose 8% to $4.13 billion as cost control helped overcome shortcomings in global consumer banking profits and bond trading revenue.

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JPMorgan leans on core banking in third quarter

10/12/17

An increase in corporate loans, the highest lending margin in 4 1/2 years and record profit in asset management helped the lender top analysts’ estimates and offset trading and other challenges.

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Bank of the Ozarks' 3Q profit climbs 26% on surge in new lending

10/11/17

A 38% increase in new loan originations led to another quarter of record earnings.

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Equifax offers breach details; Bank rally needs validation

10/11/17

Hackers accessed driver’s license data on nearly 11 million people, the company says; the rally in bank shares may sputter out if third-quarter earnings reports disappoint.

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Hoping for loan growth, bracing for stagnation: 3Q preview

10/10/17

Demand for commercial loans has been weak for much of the past year and among the big questions bank executives will face this earnings season is when they can expect the pace to finally pick up.

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Iberiabank warns of 3Q costs from hurricanes and energy exposure

10/05/17

The Louisiana company also set aside funds to cover efforts to settle litigation tied to its mortgage business.

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Wells Fargo got off easy; Massachusetts sues Equifax

09/20/17

An internal CFPB memo says it was considering a $10 billion fine before settling on $100 million; state suit against credit bureau is likely to be the first of many.

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