Bankers open to change at the Fed, but not the one Trump wants
A survey of more than 400 bank executives found that while many support the former president, the vast majority disagree with his attitude toward independence at the Federal Reserve — a stance that would impact banks’ business models most directly.
Banks’ CRE concentrations aren’t necessarily a sign of excessive risk
There is a tendency to assume that banks carrying a large commercial real estate loan portfolio need to diversify. But that ignores the fact that many of those institutions have much deeper knowledge of the market than their critics.
Huntington profit slips but rebound expected in 2025
The Columbus, Ohio-based regional bank reported solid growth in loans, deposits and fee income and is projecting record levels of spread income next year.
Truist gets boost from investment banking
The North Carolina-based company reported a surge in third-quarter investment banking and trading income, which rose nearly 80% from the year-ago quarter.