Trade agreements

Deposit costs, card woes, trade wars: Red flags abound in 2Q results

07/13/18

Price competition on deposits may finally force the largest banks to pay up, and consumers’ aggressive use of rewards and promotional rates is weighing on card income. And then there are those tariff fights that could hurt global clients.

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Big test for ag lenders: Helping farmers weather trade war

07/11/18

Banks are adjusting loan terms, making use of federal loan guarantees and working with farmers to find new markets, all in an effort to mitigate the damage from a likely drop in soybean exports.

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Trump picks CNBC anchor Kudlow as top economic adviser

03/14/18

President Trump is expected to announce as early as Thursday morning that he has selected Larry Kudlow, the host of CNBC's "The Kudlow Report," to replace Gary Cohn as head of the National Economic Council, according to multiple media reports.

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Top candidates to replace Gary Cohn

03/12/18

As head of the National Economic Council, Gary Cohn played a key role in helping guide the Trump administration on its financial services policy, including on regulatory relief and housing finance reform. Institutions are anxiously watching to see who President Trump picks as Cohn's replacement.

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Early glimpse of banks' 1Q isn't exactly pretty

03/06/18

Deposit prices are starting to rise, deposit growth is slowing, commercial loan growth remains tepid (with some exceptions) and concerns are mounting about the economic toll of U.S. trade policy, bank executives said just a few weeks ahead of the end of the quarter.

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Nafta, tariffs, Ex-Im vacancies: Turbulent times for trade finance

02/13/18

Turmoil at the Export-Import Bank, a possible trade war with China and a potential retreat from the North American Free Trade Agreement all add up to high anxiety for bankers in the business of financing U.S. exports.

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Consistent Performer: How Dominic Ng built East West into a powerhouse

11/28/17

For remaking East West Bank from a small savings institution into a $36.3 billion-asset player with a seat on the front lines of U.S.-China relations – all while churning out record earnings year after year – American Banker is recognizing Ng for being a "Consistent Performer" as part of our 2017 Banker of the Year awards.

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Here’s what bankers are fearing this Halloween season

10/30/17

It's been a decent year for banks, especially given the industry's return on assets hit a 10-year high. But there are signs it might not last. With Halloween near, here is a look at some potentially frightening developments that could keep bankers up at night.

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East West reports broad loan growth, cautions U.S. on trade policy

07/20/17

The California lender, which specializes in trade finance, reported strong growth in commercial and other lending categories last quarter, and it urged the Trump administration to seek fair trade deals with China.

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Tariff on Canadian lumber adds to housing woes

06/01/17

A new tariff on Canadian lumber threatens to further disrupt homebuilding at a time when lenders are increasingly concerned about a purchase mortgage resurgence that has failed to materialize.

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