Regional banks

Fintech, bank conflict heats up; Deutsche plans bonus cuts

12/16/19

Fintechs want access to customers’ financial data, but banks are resisting, on security concerns; Deutsche Bank may cut bonus pool 20% after 14% drop last year.

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Synovus gives COO additional title of president

12/13/19

In addition to overseeing the bank’s lines of business, technology and operations, Kevin Blair will now be responsible for human resources, credit administration and all customer-facing support functions.

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Trade deal could unlock billions in lending opportunities

12/13/19

Though details of a potential pact with China aren't clear, bankers are hoping it could convince leery customers to finally go through with delayed investments.

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Falling used-car prices pose risk to auto lenders: Capital One CEO

12/12/19

The average price of a previously owned car has fallen in two consecutive months, and if the trend continues, lenders could see losses mount, Richard Fairbank said this week.

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Labor shortage crimps demand for commercial loans, bankers say

12/11/19

Many business customers are putting off expansion because they can’t find enough workers to fill available jobs.

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Citizens names consumer banking, customer experience chiefs

12/10/19

Brendan Coughlin will succeed Brad Conner as head of consumer banking, and Beth Johnson will be the bank's first chief experience officer.

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What Truist pressure? Regionals insist they're in no rush to merge

12/10/19

BB&T and SunTrust showed that big-bank mergers are still possible, but top executives at other large regional banks say that a knee-jerk response would be a mistake.

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Popular in Puerto Rico urged by activist investor to sell

12/10/19

Raging Capital Management also urged the company's board to repurchase stock and think about selling a minority stake in the payments processor Evertec.

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First Republic sells student-loan repayment business Gradifi to E-Trade

12/09/19

The sale comes just three years after the San Francisco bank bought the platform.

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Truist rising: With megamerger done, pressure on to deliver

12/09/19

Cost cutting and systems integrations are short-term priorities, but over time CEO Kelly King and his heir apparent, Bill Rogers, will have to exploit the combined BB&T-SunTrust's revenue potential and prove the biggest post-crisis merger was a good idea.

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