Tax reform

Behind Citi's plans to have it both ways on capital

01/16/18

Tax reform and other regulatory factors could allow Citigroup — and other banks — to maintain high capital levels and strong rewards for shareholders.

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Tax reform, improved credit quality spark profit at Bank of the Ozarks

01/16/18

The Arkansas company's net income topped $100 million for the first time, though it largely reflected the revaluation of its deferred tax liability.

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Citigroup plays up investor payouts once tax cuts spur profits

01/16/18

The bank plans to stick to its multiyear plan to pay out at least $60 billion in capital to shareholders even after booking a larger-than-forecast charge of $22 billion to adjust to the new tax regime

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Pay for bank execs may rise as a result of tax reform

01/09/18

The elimination of a key deduction that had worked as a cap on CEO salaries, combined with investor pressure to maintain performance incentives, could lead to an upward drift in compensation for top executives of many banks.

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Forget 4Q results. Tax cuts will dominate earnings chatter

01/05/18

Banks have been in full cost-cutting mode in recent years, but with profits expected to increase substantially as a result of tax reform, all analysts and investors want to know is how they plan to spend their tax savings.

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Five pivotal questions for banks in 2018

01/03/18

Changing political and economic forces are raising new questions about deployment of tax savings and the cost of deposits, while old concerns about cost-cutting, credit quality and risk taking persist or return.

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To stay an S Corp or not: Tax law puts small banks in a bind

01/03/18

About a third of U.S. banks are S corporations, and many are rushing to determine whether the new tax law has robbed them of their appeal and if they should convert to traditional corporations by the March 15 deadline.

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Trio of regional banks latest to hike pay after tax reform

01/02/18

Three additional banks announced bonuses, wage hikes and charitable contributions resulting from the lower corporate tax rate enacted by Congress.

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Goldman to take $5B tax hit; PwC called negligent in bank failure

01/02/18

But bank will benefit long-term from tax reform; judge says accounting firm failed to detect mortgage fraud that did in Colonial Bank.

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Pressure builds on big banks to boost giving after tax windfall

12/29/17

Increases in charitable donations will be more important than ever for bank reputations, as tax breaks and a lighter touch from financial regulators rekindle public anger about the financial crisis.

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