One regional bank’s plan to wait out the Fed


Count Citizens Financial’s Bruce Van Saun among those who think interest rate cuts could halt by mid-2020. The key, he says, is to focus on delivering services customers are willing to pay fees for and to skillfully reprice deposits until then.


U.S. Bancorp’s mortgage growth a good sign for banking


The Minneapolis company attributed the uptick to new tech tools, additional loan officers and other process improvements — not to mention the refi boom fueled by lower rates. It’s a formula other banks are expected to copy.


Mortgages boost U.S. Bancorp in 3Q


The Minneapolis bank says recent investments in its retail operation contributed to strong improvement in home lending and mortgage banking fees.


Are small banks doing enough to counter margin pressure?


Community banks will likely face questions about mortgage lending, deposit gathering and M&A during earnings calls.


Libra may lose PayPal backing; CFTC levies rare swaps fine


The company was the only no-show at the gathering of Facebook’s payments partners; HSBC was fined $650,000 for violating swaps risk management rules.


Trader says bank framed him; Government big on housing


Rohan Ramchandani claims in lawsuit Citigroup singled him out to protect itself; three federal agencies now back almost $7 trillion in mortgage debt.


Lifetime achievement: Barbara Desoer's unconventional path to big-bank CEO


In a long and storied career, Barbara Desoer has helped shape two of the largest banks in the country, Bank of America and Citibank. The most striking detail? Her biggest role came after she 'retired.'


Wells may keep Parker; New role for mortgage modifications


Wells Fargo still having trouble finding permanent CEO; Some lenders are using the deals to keep their best customers.


Banks counting on GSE reform to stop mortgage share erosion


While no one is suggesting that the plan will help banks regain the share they've ceded to nonbanks, bankers believe that stabilizing Fannie Mae and Freddie Mac could at least help them keep what they have.


Goldman hires two tech execs; Deutsche settles mortgage suit


The bank is adding senior tech executives from Amazon and Verizon as partners; bank allegedly inflated prices and overcharged investors for mortgage bonds.