AI may just create the illusion of good credit decisions
Startups believe artificial intelligence will make loan officers obsolete, and that may be true. But it remains to be seen if AI will make lending safer. ... Read full article
News Topic: Lending
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Aggregate lending may be up, but it’s more complicated than that
When one considers the available data on bank lending, there is a lot more to the story. The solid loan growth at commercial banks in recent years has been concentrated in some of the sectors that appear least in need of credit. ... Read full article
Community Banks with the Largest C&I Loan Portfolios
On Dec. 31, 2016. Dollars in thousands. ... Read full article
How much has regulation really curbed lending?
Critics of Dodd-Frank argue that post-crisis regulations put a damper on lending. But loan growth at regional and community banks has "actually been very strong," says Joo-Yung Lee, head of North American financial institutions at Fitch Ratings. ... Read full article
OCC downgrades Santander’s CRA rating, cites recent enforcement orders
Though backward-looking, the exam restricts the company from buying banks or opening branches outside the Northeast. ... Read full article
Solera, freed from reg order, to spend more time building core deposits
The Denver bank had spent the last two-plus years addressing concerns about capital and underwriting procedures. ... Read full article
Bank Holding Companies with the Largest Business Loan Portfolios
On Sept. 30, 2016. Dollars in thousands ... Read full article
Bank Holding Companies with the Largest Credit Card Loan Portfolios
On Sept. 30, 2016. Dollars in thousands. ... Read full article
'It's time to move on': Comments of the week
American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms. ... Read full article
Small-business lending has a diversity problem
One of the root problems of investing disparities is lack of diversity among those who make investment decisions. Here’s how to change the dynamic. ... Read full article
Regional bankers manage expectations on lending
Corporate borrowers aren’t ready just yet to pull the trigger on multimillion-dollar loans to buy fleets of trucks or scads of new inventory despite excitement about a more business-friendly Washington, lenders cautioned. ... Read full article
Banks and Thrifts with the Largest Commercial and Industrial Loan Portfolios
On Sept. 30, 2016. Dollars in thousands. ... Read full article
Bank Holding Companies with the Largest Commercial Real Estate Loan Portfolios
On Sept. 30, 2016. Dollars in thousands. ... Read full article
Former Baylake CEO hired for key post at Greenwoods Financial in Wisconsin
Robert Cera will be responsible to bringing in more business near Milwaukee. ... Read full article
JPMorgan says it has settled U.S. bias suit over mortgages
JPMorgan Chase & Co. agreed to pay $55 million to settle U.S. allegations of racial discrimination in home loans through mortgage brokers, leading black and Hispanic borrowers to pay higher interest rates and fees from 2006 to 2009, a person familiar ... Read full article
Business lending boosts PNC’s 4Q profit
PNC’s fourth-quarter profit improved on higher lending to corporate customers for real estate and other loans. ... Read full article
Fee income, loan growth drive profit at First Republic
The San Francisco private bank reported double-digit gains in originations and noninterest income that led to a nearly 30% increase in profits last quarter. ... Read full article
Opus Co-President Allison steps down
The California bank, grappling with credit-quality issues, did not say when – or if – a successor will be named ... Read full article