ABI Blog Exchange

The pressure is on for banks to lean more heavily on capital markets, wealth management and other nonmortgage sources of fee income. That could get tougher in upcoming quarters.

“We have actually discouraged banks from innovating,” FDIC Chairman Jelena McWilliams said in announcing a move that other agencies have made.

The civil money penalty from the Office of the Comptroller of the Currency follows a 2015 consent order against the bank, which became a subject of federal questioning after it suspended its business with check cashers.

Goldman Sachs’ Heidi Cruz takes some flak for comments she made in an interview about her other job — as the wife of U.S. Sen. Ted Cruz. Goldman's Dina Powell turns down a chance to be the next Nikki Haley.

A new credit score that includes consumers' cash flow alongside their credit score is winning praise for its potential to help expand access to credit, but some worry it gives the credit bureaus even more data that could be compromised.

The Ohio company touted a strong pipeline for loans but warned that noninterest costs will likely rise in the fourth quarter when it records charges tied to branch closings.

Increased third-quarter revenue outweighed higher operating expenses at the Alabama regional.

Though consumer lending and C&I lending improved at the Cincinnati company, its corporate and mortgage banking revenues fell in the third quarter.

Through the "Where We Live" program, the bank will direct philanthropic giving to two wards in the nation's capital and provide financing for affordable housing.