Interest rate risk

Big mortgage lenders are flirting with disaster


Banks' lowering of origination fees and loosening of underwriting standards often foreshadow a downturn.


Comerica CEO won’t rule out acquisitions


While his focus is on organic growth in Texas and California, Curt Farmer says he would consider a deal in those states if the right one comes along.


Threat of negative rates has banks setting floors on loans


Many lenders are establishing a firm bottom on variable interest rates amid intense competition for commercial credits, rising deposit costs and the possibility that the Fed could take rates to unprecedented lows.


No room for error with deposit pricing


Banks need to more actively manage margins — including the use of new modeling technology — in the current low-interest-rate environment.


Comerica searching for a new CFO


Muneera Carr, Comerica's CFO since 2017, will leave in October and James Herzog, who had been the bank's treasurer, will serve as interim CFO until a successor is named.


JPMorgan's contrarian move: Stockpiling securities


The bank started buying more Treasurys and mortgage-backeds over a year ago, long before talk about rate cuts. What did it know that its rivals didn't?


Why President Trump has the Fed on the ropes


The Federal Reserve's monetary policies have exacerbated the wealth gap, making the central bank a vulnerable target for Trump. He’s taking full advantage.


Make banks use T-bills as collateral for excess reserves


The approach could work as long as the Fed were to add certain thresholds.


Regional banks use hedging tactics to combat rate cuts


KeyCorp, Regions Financial and others have sacrificed short-term profits to avoid being crushed by an anticipated decline in interest rates.


Interest income pushes 1Q bank earnings up 9% to $61B: FDIC


More than 66% of the banks reported a jump in net income during the first quarter but new risks are emerging in interest rates and underwriting, the Federal Deposit Insurance Corp. said Wednesday.