Tag Archives: Banks

Comptroller of the Currency Thomas J. Curry addressed concerns about FinTech bank charters at the recent LendIt USA conference.

The recent rise in mortgage interest rates has taken a cut from the mortgage banking lines of three of the largest banks, but the news was not all negative.

The U.S. Supreme Court rejected a petition by several banks hoping to review a May ruling that challenged the statute of limitations on when federal regulators could sue financial institutions.

Net current credit exposure for banks peaked at the start of the financial crisis, but in the last eight years has dropped from $804 billion down to $481 billion.

The banks that released their third quarter earnings reports all saw year-over-year declines in profits, but a couple of them fared better in mortgage banking.

The tumult Wells Fargo experienced in Q3 did little to impact its earnings report for the quarter.

U.S. bank mortgage servicers have cut servicing staff by nearly half in two years. What factors lead to this decline and why aren't non-banks experiencing the same trend?

In April of this year, the Fed and FDIC determined that each of the 2015 resolution plans, or “living wills," for eight domestic banking institutions were not credible or would not facilitate an orderly resolution under the U.S. Bankruptcy Code. What have these firms done to resolve their deficiencies?

U.S. District Judge Deborah Batts rejected Deutsche Bank AG (DBKGn.DE)’s bid to dismiss claims with respect to roughly $2.55 billion of securities sold in November 2007 and February 2008.

Bank of America showed a drop in mortgage income as well as a substantial drop in overall profits despite mortgage production increasing in Q2.