Trade agreements

U.S. banks on high alert as coronavirus spreads


The timing couldn’t be worse for ag and energy lenders as well as global banks, which were all counting on the Chinese market to help bolster commercial lending and fee income.


Banks hope Ex-Im revival is shot in the arm commercial lending needs


Lenders that depend on the Export-Import Bank to back loans to exporters are already seeing business borrowing pick up after Congress reauthorized the agency in December.


Trump asks JPMorgan's Erdoes to say 'Thank you, Mr. President'


A smiling President Donald Trump thanked some of the biggest U.S. companies for about 10 minutes on Wednesday at the White House, where he was celebrating his trade deal with China. When it came to JPMorgan Chase, he asked for reciprocation.


How JPMorgan plans to keep the momentum going


The country's biggest bank is leaning more on fee income to offset rate pressures, expanding in selected U.S. cities and laying the groundwork for operations in China that CEO Jamie Dimon hopes will endure “for 100 years.”


Trade pact may give U.S. banks more freedom to operate in China


But some industry watchers are tempering expectations, saying that the language is too vague to know for sure if China is serious about introducing more foreign competition.


Trade deal could unlock billions in lending opportunities


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.


Labor shortage crimps demand for commercial loans, bankers say


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


More ag banks slide into red as trade war drags on


The percentage of farm lenders losing money hit a six-year high in the third quarter, according to the FDIC.


‘Nobody has working capital’: Ag lenders lament trade war’s impact


So far farm loans are holding up well, but bankers gathered at an industry conference this week said they are growing increasingly concerned that credit quality will weaken if the U.S. and China don’t reach a deal soon.


GOP senator seeks hearing on Fed independence after Dudley op-ed


Sen. Thom Tillis of North Carolina called for the panel to hold a hearing on what he termed the danger that the Federal Reserve will meddle in the 2020 presidential election.