The Birmingham, Ala., bank has been cutting exposure to indirect auto, multifamily and medical office lending, categories it deems high-risk.
Iberiabank reports higher profit tied to loan growth
The size of the Louisiana company’s loan portfolio increased by 6% from a year earlier, helping offset weaker noninterest income.
Best of Lex: memory banks
Reflections on the monomaniacal hunt for the merest hint of rising rates
Citizens unveils latest efficiency program even as profits rise
The Rhode Island bank plans to build out its fee income capabilities, expand C&I lending in the Southeast, renegotiate vendor contracts and take other steps to produce expense cuts and revenue enhancements of at least $90 million.
Bank of America chooses Dublin as post-Brexit EU hub
Bank of America has picked Dublin to locate its main European Union hub in preparation for Britain quitting the bloc in 2019.
Breaking Banks: Plug and Play fintech
Plug and Play is the world’s largest tech accelerator. This episode profiles its fintech vertical.
The reason small lenders are leery of GSE reform
From the small lender’s perspective, most of the various GSE reform proposals that have been offered are designed to advance the interests of the big banks.
Fund managers meet UK chancellor to talk Brexit
Janus Henderson and Schroders CEOs – among others – meet with Philip Hammond to address competition concerns
Investors hold staff hostage at Australian brokerage in Shanghai
Staff trapped in office in days-long stand-off as clients hold out for money
Bank of America chooses Dublin as EU base after Brexit
First global lender to pick Irish capital as its European HQ once UK leaves single market