interest rates

Fannie, Freddie to retain earnings; PayPal wins Chinese payments license

10/01/19

The GSEs will hold onto a combined $45 billion as they start the process of going private; PayPal becomes the first foreign firm to win approval to enter the country’s payments market.

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Are Trump’s Fed tweets working?; repo turmoil may be here to stay

09/27/19

A research paper says the president’s constant criticisms are driving Fed policy, directly or indirectly; the huge demand by banks for cash may be the result of tougher regulations.

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Why Frost Bank is building and not buying in Houston

09/25/19

The once-acquisitive company is not interested in a "roll-up strategy" in Texas's biggest city, said CEO Phil Green. In a Q&A, he also explained why loan competition is intensifying and what's really keeping business customers up at night.

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Fed's Powell: Don't expect changes to bank liquidity rule

09/18/19

Despite concerns over how regulatory requirements affect short-term funding markets, the central bank is not considering a reduction in the liquidity coverage ratio, Jerome Powell said.

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Banks’ deposit-rate challenge: How low can they go?

09/17/19

CEOs have been telling investors that if the Fed continues to cut interest rates, they will lower rates they are paying on deposits to minimize the hit to net interest margins. The danger is that if they lower rates too quickly or by too much, big depositors could go elsewhere.

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The changing metrics of credit; HSBC wants out of France

09/12/19

Lenders considering other factors for those with bad or no credit history; the bank plans to sell its French retail unit.

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JPM prepping for zero rates; N.J. to pressure banks on guns

09/11/19

Dimon doesn’t expect it to happen, but the bank is getting ready just in case; the state will require banks to disclose their relationship with gun sellers.

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Why M&T says it can withstand lower interest rates

09/09/19

M&T has skillfully used hedges, maintained an appropriate loan mix and resisted offering market-leading deposit rates, its chief financial officer said at a financial services conference.

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Wells Fargo again lowers a key earnings target

09/09/19

For the third time in five months, the San Francisco bank made a downward revision Monday to its guidance on net interest income. An executive cited the impact of lower interest rates.

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Who’s afraid of the 'narrow bank'?

09/05/19

A new kind of institution wants to make the interest rate the Federal Reserve pays to its member institutions more widely available, but that could have big implications for monetary policy.

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