Huntington Bancshares

Wells Fargo, Comerica, BancShares: Bankers on the move


Wells Fargo's continued leadership shake-up led to more executive shuffling in the final two montsh of 2019.


Labor shortage crimps demand for commercial loans, bankers say


Many business customers are putting off expansion because they can’t find enough workers to fill available jobs.


Banks are all revved up for boat, RV lending


Bank of the West intends to stop making indirect auto loans and will instead focus on financing purchases of boats and recreational vehicles. It’s just the latest example of a regional bank pouring more resources into the powersports sector.


Huntington counts on consumers to drive loan growth


The combination of low unemployment, rising wages and falling interest rates means more households are taking out loans for big-ticket items like speedboats and mobile homes.


Zions is latest regional to announce layoffs


Huntington Bancshares and U.S. Bancorp also said in recent days that they are eliminating jobs to reduce overhead and improve profits. With net interest margins shrinking and branch traffic continuing to decline, expect more banks to follow suit, analysts say.


Huntington will lay off 150 to 200 workers


The Ohio company, scheduled to report third-quarter results Thursday, blamed the decision on the squeeze interest rates are putting on revenue.


Huntington names Visa executive as its new chief financial officer


Zachary Wasserman will succeed Mac McCullough, who is retiring at the end the year.


KeyBank rolls out no-fee overdraft, debit-linked savings accounts


The new products, along a 2% cash-back credit card, are aimed at helping customers build savings and reduce debt.


Wellness app inspires KeyBank effort to make branches more relevant


Building off the popularity of its personal financial management tool, HelloWallet, the Cleveland bank is now offering in-person financial checkups as a way to deepen customer relationships.


Huntington lowers revenue guidance ahead of anticipated rate cuts


The Columbus, Ohio, company said Thursday that it expects the Federal Reserve to cut interest rates twice this year and two more times in 2020.