Economy

Banks play a key role in staving off global warming

09/25/19

Here’s why we joined other banks globally in disclosing the environmental impact from loans and investments.

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Restaurant business is giving lenders indigestion

08/21/19

As a growing number of chains go bankrupt, loan charge-offs are rising.

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BofA’s CEO says the biggest recession risk is the fear of recession

08/16/19

Bank of America’s customers spent $1.9 trillion this year through Aug. 12, an increase of 5.9% from a year earlier — a sign that the economy, driven by the consumer, remains strong, Brian Moynihan said.

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Political upheaval could hinder Puerto Rico's recovery, bank CEOs say

07/24/19

The heads of the island's largest banks are worried that ongoing protests over government corruption and other scandals are a setback to an economy slowly rebounding from the devastating hurricanes of 2017.

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Which fintechs are best positioned to handle a recession?

06/28/19

In a downturn, some fintechs, such as independent lenders, will be more vulnerable to economic forces than those working to service banks' regulatory needs.

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Slowdown, CRE, BB&T-SunTrust: What has bankers on edge

05/15/19

Ask 453 bankers their forecasts on loan demand and the economy, or their feelings about the BB&T-SunTrust merger, pot banking as well other hot issues, and a clear picture emerges. Promontory Interfinancial Network recently did just that, and here our five takeaways from the results.

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'Political pandering to the uninformed': Comments of the week

04/25/19

Readers respond to the debates over economic inequality and CEO pay disparities, weigh in on FDIC board membership, consider LendingClub exiting small-business lending and more.

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Banks can’t ignore fight over economic inequality

04/24/19

As with the debate over guns, climate change and other social issues, banks may find themselves pressured to do more to address the country's wealth gap.

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Why a once-acquisitive bank cooled on M&A

04/22/19

Columbia Banking CEO Hadley Robbins says he's confident the bank can grow on its own as the number of buyout targets in the Pacific Northwest dwindles.

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Dimon sees recent volatility as harbinger of things to come

04/04/19

Jamie Dimon, in his 51-page annual letter to shareholders, warned investors to get ready for more wild rides like the one that upended markets at the end of last year.

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