Expense management

The trade-offs of growth at First Republic

01/16/18

Wealth management assets, deposits and fee income swelled at the San Francisco bank, but interest and noninterest costs rose along with them.

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Five pivotal questions for banks in 2018

01/03/18

Changing political and economic forces are raising new questions about deployment of tax savings and the cost of deposits, while old concerns about cost-cutting, credit quality and risk taking persist or return.

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Randolph Bancorp in Mass. to cut mortgage jobs

12/15/17

The company said it will lay off more than a dozen employees in a move that reflects the current volume of mortgage loan originations.

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Investors Bancorp in N.J. to cut roughly 100 jobs, close six branches

12/07/17

The company has been working to address an informal agreement with regulators tied to Bank Secrecy Act compliance.

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First Horizon in Tenn. raises cost-cutting goal for Capital Bank deal

12/05/17

The company also set high expectations for revenue opportunities while projecting it will deliver at 15% return on equity in 2019.

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HomeStreet investor wants Seattle company to slow its expansion

11/21/17

Blue Lion Capital believes a heavy focus on mortgages and acquisitions is hurting HomeStreet's financial performance.

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Bridge in N.Y. to switch to state charter, close six branches

11/16/17

Bridge Bancorp, which plans to rebrand is bank as BNB Bank, also plans to boost 2018 profit by $3.3 million by closing 14% of its branches.

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Prosper reports $26M loss despite spike in lending

11/13/17

The San Francisco company is one of numerous online lenders that are struggling to become profitable.

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Hurricanes contribute to eighth consecutive quarterly loss at OnDeck

11/06/17

The online small-business lender, which has been cutting expenses, said it is on track to achieve profitability in the fourth quarter.

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Replacing a fast-growing bank’s iconic leader — good luck with that

11/03/17

Ira Robbins, the CEO-in-waiting at Valley National Bancorp, will have to complete a major acquisition, make the bank more competitive on returns and costs and tackle other tough tasks after taking over for Gerald Lipkin.

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