Earnings

Bank OZK rebounds, emphasizes focus on credit quality

01/18/19

A spike in charge-offs in the prior quarter stoked concerns about commercial real estate exposure.

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JPM merging payments units; Brit banks worried about consumer lending

01/18/19

The units that handle small business payments and the one for larger firms will be combined; survey shows U.K. consumers may shun loans.

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People’s United buys tech finance firm

01/18/19

The acquisition of VAR Technology Finance bolsters the bank's efforts to expand into new areas of lending.

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KeyCorp’s deal for student lender raises eyebrows

01/17/19

Executives at Key pushed back against doubts over a deal for Laurel Road Bank’s digital lending platform so late in the credit cycle, arguing that its customers are prime borrowers with high incomes.

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Amex ratchets up spending in rewards war for premium clients

01/17/19

American Express Co. is pulling out the big bucks to keep its stronghold on premium credit-card users.

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M&T expects C&I lending to drive growth in 2019

01/17/19

Demand for commercial loans surged in the fourth quarter and executives at the Buffalo company see the momentum continuing in the new year.

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BB&T accelerates cost-cutting to fund tech expansion

01/17/19

The North Carolina regional closed dozens of branches and cut jobs across the company, directing a chunk of the savings to digital banking initiatives.

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Signature Bank's profits surge on market, business-line expansion

01/17/19

The New York company added eight new client teams in 2018 and established a new division that caters to private equity firms on both coasts.

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Goldman still blames former banker for 1MDB; Morgan Stanley disappoints

01/17/19

Goldman Sachs CEO David Solomon sticks to rogue banker defense in scandal; bank misses earnings, revenue estimates.

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Entegra in N.C. delays earnings to review potential impairment charge

01/16/19

The company recently agreed to be sold to SmartFinancial in Knoxville, Tenn.

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