Regional banks

Deposit costs, higher loss provisions eat into BBVA’s 2Q profit

07/31/19

Earnings at the U.S. unit of the Spanish banking giant Banco Bilbao Vizcaya Argentaria fell 13% from a year earlier.

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Truist out to prove it can best the megabanks in tech

07/30/19

To combat the notion that regional banks’ tech offerings are inferior, the combined BB&T-SunTrust will have to go “toe-to-toe” with big banks, BB&T chief Kelly King said ahead of shareholder approval of the deal Tuesday.

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When do credit problems move from one-off to trend?

07/29/19

Credit quality is being second-guessed after several banks reported higher 2Q charge-offs.

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Is there a better way to fight money laundering?

07/28/19

Banks submit millions of Bank Secrecy Act filings each year, yet only a fraction are valuable to law enforcement. Inside the effort to change that.

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Santander Bank names longtime MUFG Union executive its CEO

07/24/19

The hiring of Tim Wennes was one a series of leadership changes announced Wednesday by the holding company for the bank and the auto lender Santander Consumer.

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Regional banks use hedging tactics to combat rate cuts

07/23/19

KeyCorp, Regions Financial and others have sacrificed short-term profits to avoid being crushed by an anticipated decline in interest rates.

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Merger costs eat into Fifth Third’s 2Q profit

07/23/19

Earnings at the Cincinnati company fell 25% from the same period last year, largely due to $109 million in expenses tied to its March acquisition of MB Financial.

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Zions' 2Q profit suppressed by rising deposit costs

07/22/19

Pressure to raise rates on deposits offset strong loan growth at the Salt Lake City company.

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A regional bank chief's case for the long view

07/21/19

Weighing in on interest rate and other uncertainties facing all banks, Citizens Financial CEO Bruce Van Saun emphasized investments in point of sale, digital banking and other initiatives meant to enhance revenue down the road.

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Regions leery of expected Fed rate cut

07/19/19

The Birmingham, Ala., company warned in its earnings call that moves by the central bank could make it harder to lower costs.

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