Regional banks

First Horizon 4Q profit reflects focus on traditional banking

01/18/19

The Tennessee company is pleased with loan growth. It has also been able to reduce its dependence on brokered deposits as it brings in new customers following its purchase of Capital Bank.

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People’s United buys tech finance firm

01/18/19

The acquisition of VAR Technology Finance bolsters the bank's efforts to expand into new areas of lending.

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BB&T accelerates cost-cutting to fund tech expansion

01/17/19

The North Carolina regional closed dozens of branches and cut jobs across the company, directing a chunk of the savings to digital banking initiatives.

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'Can't stay this low forever': Why PNC is hedging on loan losses

01/16/19

PNC chief Bill Demchak says he's pretty sure the U.S. isn’t heading into recession, but asset quality is so strong that the regional bank is giving itself a wide berth in forecasting its loan-loss provision in case of the unexpected.

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Fed not an impediment to fintechs' charter ambitions: OCC's Otting

01/16/19

Some in the industry worry the Fed may balk at allowing OCC charter recipients into the payments system, but Otting downplayed those concerns.

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MUFG Union makes big leap in supply chain finance

01/16/19

The U.S. unit of Mitsubishi UFJ Financial has agreed to buy a platform from GE Capital.

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Santander hires health care professional for specialized banking post

01/15/19

Emily Vaughan Alexanderson will lead a group focused on education, nonprofit, technology and life sciences clients.

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Strong commercial lending offsets margin pressure at First Republic

01/15/19

The San Francisco company's quarterly earnings also reflected higher wealth management revenue.

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Banks, credit unions help federal workers weather shutdown

01/11/19

Financial institutions of all sizes are offering low- or zero-rate loans, waiving fees and making other arrangements to aid federal workers — a practice that regulators officially blessed on Friday, the 21st day of the closing of many U.S. agencies.

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MUFG Union buys investment bank with middle-market focus

01/11/19

Intrepid Investment Bankers provides advice on M&A and capital markets activities.

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