2017-10-25
BOK Financial benefited from rising interest rates in the third quarter even as it reported declines in fee income and commercial real estate loan balances.
Read More from: BankThink
2017-10-25
Provision costs surged to $44.5 million from $1.2 million. The company attributed that increase to higher chargeoffs in its taxi book.
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2017-10-25
Consolidation has led to too few community banks, which is amplified in areas where capital is needed most.
Read More from: BankThink
2017-10-25
The traditional community bank model of "being local and providing good service" no longer provides an competitive edge in a world dominated by online banking, according to Douglas Kennedy, CEO of Peapack-Gladstone.
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2017-10-25
By a 51-50 vote, with Vice President Pence breaking the tie, the Senate has
Read More from: Credit Slips
2017-10-25
Remember the office pool I wrote about following the lender’s statement under FRBP 3002.1 that the loan was fully current?
Read More from: Bankruptcy Mastery
2017-10-25
Pence breaks tie to overturn rule prohibiting mandatory arbitration; depositors receiving higher rates in effort to retain them.
Read More from: BankThink
2017-10-25
Republicans were able to use an obscure legislative process to overturn a rule that banks and credit unions feared would raise their litigation costs.
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2017-10-24
The company, which agreed to buy Southwest Bancshares in Mobile, also plans to sell $45 million in stock to help fund the deal.
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2017-10-24
As more loans go bad across the credit card industry, the Riverwoods, Ill.-based company boosted its provision for loan losses by 51%.
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2017-10-24
Loan growth drove the New York bank’s 20% increase in third-quarter earnings, and those results don’t include its acquisition of Astoria Financial this month.
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2017-10-24
The McLean, Va., company dialed back its lending in the quarter as credit quality in several business lines weakened.
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2017-10-24
Sen. Tim Scott said Trump asked specifically about Stanford University economist John Taylor and Federal Reserve Governor Jerome Powell. He also mentioned the current Fed chair, Janet Yellen.
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2017-10-24
Consumer Financial Protection Bureau Director Richard Cordray pushed back against a Treasury Department report critical of the bureau's arbitration rule, saying it overlooked how class action lawsuits help consumers.
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2017-10-24
Jim Popp, formerly of JPMorgan Chase, will become CEO of Johnson Financial Group in Racine at yearend. He will succeed the retiring Jim Bolger.
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2017-10-24
The mutual, which agreed to buy First Colebrook Bancorp, had recently opened a limited-service branch in Portsmouth, N.H.
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