Weak loan growth, a $3.25 billion litigation accrual and other costs tied to the phony-accounts saga all added up to a messy fourth quarter for the San Francisco bank. ... Read full article
The New York company, which offers loans and provides personal finance advice, plans to expand its product line and invest in new technology with the funds. ... Read full article
Cordray picking his own interim successor sets off a firestorm; co-head of global banking leaves the U.K. bank after only 18 months. ... Read full article
The House-passed tax bill would eliminate the New Markets Tax Credit while the Senate bill would not reauthorize it when it expires in two years. Bankers and other proponents say that if it is discontinued many economic development projects in rural and ... Read full article
On Jun. 30, 2017. Dollars in thousands. ... Read full article
Community banks are spending on technology to expand without having to build new branches. ... Read full article
An increase in corporate loans, the highest lending margin in 4 1/2 years and record profit in asset management helped the lender top analysts’ estimates and offset trading and other challenges. ... Read full article
On June 30, 2017. Dollars in thousands. ... Read full article
The company said it could use the proceeds to fund acquisitions and to make more loans. ... Read full article
Collaboration will help make up for cost concerns from adopting the technology and ensure that the core vendors get the message of community banks’ interest. ... Read full article
On March 31, 2017. Dollars in thousands ... Read full article
On March 31, 2017. Dollars in thousands ... Read full article
The regional bank reported an 8% gain in fee income and trimmed costs amid 1% loan growth. ... Read full article
The Japanese firm is expanding its U.S. investment-banking unit to look more like its bigger Wall Street rivals. ... Read full article
On March 31, 2017. Dollars in thousands ... Read full article
On March 31, 2017. Dollars in thousands ... Read full article
Borrowers can benefit from more inclusive data and tightening of certain credit file standards, but so far lenders continue to rely on older models. ... Read full article
The expansion of the Federal Reserve’s portfolio of Treasury debt and mortgage-backed securities has a bigger impact on the credit markets than paying banks interest on excess reserves. ... Read full article
The Federal Reserve is right to look at shrinking its bloated balance sheet. But if it doesn’t simultaneously stop paying banks to hoard money, the Fed will create the next recession. ... Read full article
On Dec. 31, 2016. Dollars in thousands. ... Read full article
