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Commercial Banks Regional Banks

  • NEW YORK— In a story Oct. 18 about lending to women-owned businesses, The Associated Press reported erroneously that the bank surpassed its goal for loans to women-owned companies in 2013. NEW YORK— Getting a bank loan is still a struggle for many women who own businesses. Kirsten Curry has had three rejections in the past six months and is waiting to hear from a...

  • Oct 19- U.S. regional bank KeyCorp reported quarterly profit that more than doubled as it reaps the benefit of its acquisition of First Niagara Financial Group and higher interest rates. Net interest income rose 22 percent to $962 million in the third quarter ended Sept. 30,. Cleveland- based KeyCorp said net income attributable to common shareholders rose to...

  • Oct 19- U.S. regional bank KeyCorp reported quarterly profit that more than doubled as it gains from its acquisition of First Niagara, while income from loans benefited from higher interest rates. Cleveland- based KeyCorp said net income attributable to common shareholders rose to $350 million, in the third quarter ended Sept. 30 from $166 million a year earlier.

  • NEW YORK— Getting a bank loan is still a struggle for many women who own businesses. Kirsten Curry has had three rejections in the past six months and is waiting to hear from a fourth bank. The survey conducted by researchers at Pepperdine University's Graziadio School of Business and Management and Dun& Bradstreet Corp. questioned owners of companies with up to...

  • The company's net interest income rose 21.3 percent to $546 million in the quarter ended Sept. 30. Dallas- based Comerica's net income attributable to common shareholders rose to $224 million, or $1.26 per share, from $148 million, or 84 cents per share, a year earlier. Analysts had expected the bank to report earnings of $1.20 per share, according to Thomson Reuters...

  • Oct 17- U.S. regional bank holding company Comerica Inc on Tuesday reported a 51.4 pct rise in third-quarter profit, helped by higher net interest income. The Dallas- based bank's net income attributable to common shareholders rose to $224 million, or $1.26 per share, in the quarter ended Sept. 30, from $148 million, or 84 cents per share, a year earlier.

  • Senior couple retirement

    Older adults' complaints to the Consumer Financial Protection Bureau center on mortgages, credit reports and debt collection.

  • Ralph Hamers, chief executive officer of ING Groep NV, gestures while speaking at the Handelsblatt banking summit in Frankfurt, Germany, on Wednesday, Sept. 6, 2017. Deutsche Bank Chief Executive Officer John Cryan called for an end to the era of cheap money in Europe, saying that the prolonged period of rock-bottom interest rates is starting to inflate asset bubbles and putting the bank at a disadvantage to U.S. rivals.

    The CEO of a major European bank offered a stark warning for his industry on Thursday, suggesting that years of accommodative policy by global central banks could quickly turn sour.

  • NEW YORK— U.S. stock indexes retreated from their record highs Thursday as retailers and media companies declined and investors shrugged at quarterly reports from a few big banks. AT&T had its worst one-day loss since 2008 after it said lost more satellite and cable TV subscribers in the third quarter. JPMorgan Chase and Citigroup both did better than analysts...

  • NEW YORK, Oct 10- A Texas- based chain of strip clubs would go on a buying spree. These are some of the uses of the tax savings that small and medium-sized U.S. companies say they would pursue if the Trump administration and the Republican-controlled Congress slashed corporate taxes as promised. "We want to be a company of the future, and technology is one of the key...

  • ATM fees hit a record, according to Bankrate.com. The average cost of an out-of-network ATM withdrawal is now near $5.

  • RW Baird cuts regional banks to sell

    David George, RW Baird senior analyst, discusses his firm cutting regional banks to a sell rating for today's call of the day.

  • A merchant slides a credit card for a transaction.

    Most banking customers don’t understand overdraft coverage, and that could be costing them serious cash.

  • MILAN, Sept 26- Banca Carige will seek bondholder approval to force through a proposed debt conversion which is part of the troubled Italian bank's capital strengthening efforts. Carige is the last large Italian bank still in difficulty after Rome rescued bigger rival Monte dei Paschi di Siena and liquidated two failing regional banks this year.

  • A Russian flag flies next to the headquarters of B&N Bank in downtown Moscow on September 21, 2017.

    Russia's central bank has been forced to rescue two major lenders in less than a month, intensifying concerns among global investors.

  • German Commerzbank is pictured in front of their headquarters in Frankfurt, central Germany.

    The German government favors a merger of state-backed Commerzbank with France's BNP Paribas, German weekly WirtschaftsWoche reported on Thursday, citing financial sources.

  • Fed rates increases over next two years seemed aggressive: Stephen Guilfoyle

    Bob Landry, USAA Investments CIO, and Stephen Guilfoyle, Sarge 986 LLC president, discusses the Federal Open Market Committee's news conference on leaving rates unchanged.

  • SHANGHAI, Sept 19- China's yuan weakened against the U.S. dollar on Tuesday, giving back all the gains it booked in early September, pressured by a softer fixing and heavy corporate demand for the greenback. "Intraday volatility in the spot yuan has become higher recently," said a trader at a regional bank in Shanghai, adding he expected the volatility to persist for...

  • Federal Reserve Vice Chair Stanley Fischer, a veteran central banker who helped set the course for modern monetary policy, said on Wednesday he will step down from his position in mid-October, potentially accelerating President Donald Trump's opportunity to reshape the direction of the central bank. His departure leaves the seven-person board of...

  • Federal Reserve Vice Chair Stanley Fischer, a veteran central banker who helped set the course for modern monetary policy, said on Wednesday he will step down from his position in mid-October, potentially accelerating President Donald Trump's opportunity to reshape the direction of the central bank. His departure leaves the seven-person board of...