Fulton reports higher profit on lower tax rate, loan growth
The company benefited from increases in residential and construction lending. ... Read full article
News Topic: Tax breaks
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Cost-cutting banks find oasis in Arizona desert
A mix of tax sweeteners and a lower cost of living has prompted banks such as MUFG Americas, Northern Trust and Bank of the West to locate corporate-level jobs in Phoenix and surrounding areas. ... Read full article
Tax benefit overshadows higher funding costs at N.Y. Community
The company, which has been actively curbing growth to avoid becoming a systemically important financial institution, reported lower loan balances and reduced fee income after exiting the residential wholesale mortgage business. ... Read full article
The good, bad and ugly for banks in GOP tax plan
The financial services industry has largely warmly greeted the GOP’s proposed overhaul of tax policy, yet some provisions have triggered concern and uncertainty. Here is a rundown of the key provisions and how they may impact the industry. ... Read full article