The Connecticut company, which is nearing the threshold to become a systemically important financial institution, has bought three businesses in the past year. ... Read full article
The $36.3 billion-asset bank reported double-digit growth in C&I loans, commercial real estate loans and specialty loans to the private-equity, entertainment and energy industries in the third quarter. ... Read full article
Robust growth in net interest income, combined with a lower provision for loan losses, helped boost Webster Financial Corp.'s profits to a record $62.4 million in the third quarter, 26% higher than a year earlier. ... Read full article
The New York bank's total loans rose 8% to $31 billion from a mix of commercial real estate and specialty finance credits. ... Read full article
Net income for the Oregon regional bank was $61.3 million, a slight decline from the same quarter last year. It earned 28 cents per share and fell short of analysts’ expectations, ... Read full article
Growth in asset servicing offset declines in fees from foreign exchange and depositary receipt activity. ... Read full article
The Cleveland company's third-quarter profit more than doubled from the same period last year, thanks largely to its 2016 acquisition of Buffalo-based First Niagara Financial Group. ... Read full article
Chenault to leave credit card giant helm after 16 years, vice chairman will take his place; Brett Redfearn named the agency’s director of trading and markets. ... Read full article
Total loans fell 1.6% at the North Carolina-based regional bank, which has been scaling back in key segments such as residential mortgages and auto. Wider margins offset that reduction, but earnings were flat and revenue growth small. ... Read full article
The Dallas company reported a 40% increase in net income from the same period in 2016. ... Read full article
The Minneapolis company is considering re-entering a business it exited under pressure from its regulator in 2014. ... Read full article
Profits at the custody bank rose 16%, but it announced a new streamlining program that is expected to generate yearly savings of $250 million by 2020. ... Read full article
Strong gains in net interest income offset a decline in fee income, but a recent settlement with the federal government over alleged misconduct at its Wilmington Trust unit weighed on the Buffalo company's overall results. ... Read full article
Net interest margin widened 12 basis points, too. Those lending results offset a decline in fee income at the Minneapolis company, which saw earnings rise 4%. ... Read full article
Quarterly earnings at big five banks could have been worse; Chase to buy WePay, which helps online marketplaces and crowdfunding websites process payments. ... Read full article
The company, which plans to change its name to Hancock Whitney next year, reported increased profit that reflected balance sheet growth. ... Read full article
Supreme Court will hear challenge to card company’s anti-steering rules; Anthony Alexis has been in the role for most of the agency’s six years of existence. ... Read full article
PacWest reversed a valuation allowance on tax credits, which helped boost third-quarter earnings. PacWest also expects its deal for CU Bancorp to close this week. ... Read full article
Third-quarter profits at the Georgia bank rose 52% thanks to doubled-digit growth in consumer lending and the sale of credit card assets it had obtained from the retailer Cabela's. ... Read full article
The Dallas company reported strong profits in the third quarter as higher yields on loans and improved cost control more than offset slight declines in loan balances and earning assets. ... Read full article
