Regions taps insider to lead new office of community affairs
Leroy Abrahams had previously served as president of the bank's North Central Alabama region. ... Read full article
Leroy Abrahams had previously served as president of the bank's North Central Alabama region. ... Read full article
Vend Lease, which is based in Baltimore, focuses on suppliers and vendors in the hospitality industry. ... Read full article
The bank also agreed to pay a $5 million fine to settle allegations that it overcharged consumers between 2010 and 2013. ... Read full article
The Birmingham, Ala., bank also saw lending decline in the quarter as strategic reductions in certain business lending lines offset gains in C&I and consumer. ... Read full article
The company has created a municipal group that will focus on nonpublic financing services at a time when loans to bond issuers are declining. ... Read full article
While the regulatory environment is more accommodating for big deals, many regionals still have their reasons for staying on the sidelines. ... Read full article
A tempered forecast overshadowed solid second-quarter results at the North Carolina regional bank. ... Read full article
The Cleveland company reported higher investment banking income and kept many expense items in check during the second quarter. ... Read full article
The Mississippi company said it has recorded most of the expected charge-offs tied to the last severe decline in oil prices. ... Read full article
Comerica faced aggressive questioning Tuesday about how it could use freed-up capital now that it’s no longer considered a systemically important financial institution. It won’t be the last small regional to get such a grilling this earnings season. ... Read full article
The Los Angeles company's second-quarter profit also benefited from last fall's purchase of CU Bancorp. ... Read full article
One-time items included $43.2 million of second-quarter expenses related to the Capital Bank acquisition, but First Horizon executives forecast sizable savings from the deal. ... Read full article
The Pittsburgh regional detailed plans to enter a number of new markets with its digital bank and carefully chosen branch openings. ... Read full article
PNC revealed the plan as part of its report of strong second-quarter results, and CEO Bill Demchak said it is an example of the regional bank's growth-oriented investments. ... Read full article
It will be the third collaboration together for the new CEO and CTO at Pivotus Ventures. ... Read full article
After the Cincinnati bank started a personal assistant service for new mothers, it learned new parents needed help with budgeting, and that motivated it to team up with a Goldman Sachs firm to establish a financial wellness program for all its employees. ... Read full article
While there are many reasons consolidation has slowed in the Keystone State over recent years, there are factors in play that could lead to a resurgence in activity. ... Read full article
USAA reigns, Wells Fargo, well, doesn't. Here's a look at the highs and lows in this year's survey, as well as the trends that drove the results. ... Read full article
Commercial real estate is their bread and butter, but many banks are scaling back in this vital loan category. Here’s why. ... Read full article
Bank reputations are backsliding as consumers look for evidence of good corporate citizenship. But new data shows that a highly visible and vocal CEO — who talks about more than just the earnings report — can provide a major boost. ... Read full article