Browsing: Bank

Key insight: The bill would index more than three dozen regulatory thresholds to nominal GDP. What’s at stake: Bank groups say that community banks have been pushed…

Key insight: Bank OZK Chairman and CEO George Gleason says the CRE downturn that has persisted since interest rates spiked in 2022 and 2023 is now…

Key Insight: The Consumer Financial Protection Bureau and other federal regulators are retreating from enforcement and supervision, creating a void that states are actively stepping in…

Looking ahead: Chief Financial Officer John Stern says acquiring the BTIG investment bank should boost revenue by as much as $200 million a quarter. Key insight: Growth…

Bank of America on Wednesday posted fourth-quarter earnings that topped analysts’ expectations on gains from net interest income and equities trading. Here’s what the company reported:Earnings:…

How to choose a bank: 7 steps to take Source link

Key insight: Community Financial has agreed to pay $40 million to acquire ClearPoint Federal in Batesville, Indiana. What’s at stake: ClearPoint is a rare bank that has…

Chicago Federal Reserve President Austan Goolsbee expressed caution Thursday about recent attacks on the central bank and Chair Jerome Powell, saying they could adversely affect inflation.”Anything…

Key insight: Bank CEOs are expressing alarm about the potential impacts of President Trump’s call for a 10% limit on credit card interest rates.What’s at stake:…

HomeEquity Bank has appointed long-time mortgage executive Yousry Bissada as its next president and CEO, effective January 15. The Toronto-based lender, best known for its CHIP…