BofA's loans rise 1.4%, but margins exceed expectations

10/15/18

Net income soared 32% thanks to higher interest rates that contributed to a wider net interest margin and its most quarterly interest income in years.

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BofA’s missed opportunity; Seeing the bad in earnings

10/15/18

BofA hasn’t taken advantage of the benefits of owning Merrill Lynch; weakness seen despite stronger bank earnings.

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An uncompromising Jeb Hensarling is not sorry

10/14/18

The legislative highlights of his career as House Financial Services Committee chairman were bills too extreme to become law. But the retiring lawmaker says they were still worth pursuing.

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Union Bankshares, Goldman Sachs and First Horizon: Bankers on the move

10/14/18

Several female executives accepted leadership roles throughout the industry and in regulatory roles during the past month.

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JPMorgan CEO Dimon drops out of Saudi investment conference

10/14/18

Treasury Secretary Steven Mnuchin is facing calls to skip the conference as well.

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Citi’s credit card business reaches a turning point

10/12/18

Citigroup spent years reeling in customers with promotional rates, many of which have expired or soon will. The bank thinks it can keep a large number of those customers and make more money off of them.

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Umpqua Bank names first head of innovation

10/12/18

Käthe Anchel is expected to help push Umpqua’s recent focus on what it calls the “human-digital” banking experience.

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Wells Fargo faces mounting pressure to cut costs as revenue stagnates

10/12/18

Barred by regulators from adding assets for at least another six months, the bank has only one main lever to pull to boost returns.

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Wells Fargo down 1,000 advisers over two years

10/12/18

A sullied reputation and frustrations with bureaucracy have driven some advisers to the competition.

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Fighting payment fraud, rate chasers, and a dearth in diversity: Top stories of the week

10/12/18

How banks and network providers combat real-time payment fraud; online banks try new pricing strategies; the Most Powerful Women in Banking call for greater leadership diversity; and more from this week's most-read stories.

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