Bank Profits Surge 8.7% to $60.7 Billion in Q1
Boosted by a 6% gain in net interest income, the industry's strong Q1 performance followed a record year in 2018.
Banker Confidence Levels Are Slipping
Despite a strong fourth quarter, many U.S. bankers foresee a worsening economy and higher funding costs.
Banks’ Balance Sheets: Strong Enough to Absorb a Credit Shock?
Quarterly U.S. bank earnings show balance sheets getting stronger; business loans still performing well.
GAO Report Finds Cybersecurity Failings
The SEC, IRS, and FDIC were among the agencies cited for not adequately addressing security vulnerabilities.
Banks Making a Bundle
“The current economic expansion is the second longest on record, and the nation’s banks are stronger as a result," said the FDIC chair.
Advice to CFOs: Strike While Bankers Are Optimistic
Here are three reasons why your company's chances of getting a loan may be better than they have been in awhile.
PwC Found Liable for $2B Colonial Bank Fraud
A judge rules the accounting firm failed to meet professional standards in its audits of Colonial's mortgage warehouse lending division.
Bank Profits Rise as Interest Spread Hits 3.3%
Average net interest margin reached its highest level since late 2012 as banks continued to benefit from rate hikes.
Dodd-Frank Is Needed But Merits Revision
While preventing another financial crisis is paramount, there were a number of unintended consequences of the law.
Does Bank Loan Data Suggest a Faltering Economy?
Federal Reserve chair Janet Yellen deserves blame for creating onerous real estate asset bubbles, according to risk analyst Chris Whalen.
Bank Profits Surge 10.7% to Record $48.3B
An FDIC survey shows the industry is benefiting from increasing net interest margins, which reached an average of 3.22% in Q2.