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MUFG Launches Aviation Finance Business in New York

Thu, 27 Oct 2016 00:15:00 GMT
The Japanese banking giant Mitsubishi UFJ Financial Group has launched a new aviation finance business in the Americas and has named aircraft finance veteran Olivier Trauchessec managing director of the unit.

Legal Settlement, Other Costs Weigh Down Profits at BOK

Wed, 26 Oct 2016 22:07:00 GMT
BOK Financial's third-quarter profit fell slightly as higher legal and other costs offset growth in loans and fee income.

First Citizens in N.C. Wrestles with Online Banking Problems

Wed, 26 Oct 2016 21:33:00 GMT
Customers of First Citizens Bank in Raleigh, N.C., have been unable to access their accounts online since the company upgraded its digital platform on Monday.

CFPB Rules Will Take $80M Bite out of NetSpend's Revenue

Wed, 26 Oct 2016 20:27:00 GMT
One of the nation's biggest prepaid card issuers said that it expects to lose 10% to 12% of its current revenue as a result of new federal rules governing the industry.

Regulatory Environment Looking Brighter for New York Community

Wed, 26 Oct 2016 18:41:00 GMT
The regulatory environment could be looking brighter for New York Community Bancorp as it is poised to cross an important regulatory threshold.

Acquisition, Loss-Share Termination Cut Into First Citizens' Profit

Wed, 26 Oct 2016 18:24:00 GMT
First Citizens BancShares reported a sharp decline in quarterly profit that largely reflected merger-related costs and the Raleigh, N.C., company's exit from loss-sharing agreements.

Regulators Must Toughen Exec Comp Rule: Senate Dems

Wed, 26 Oct 2016 18:19:00 GMT
WASHINGTON – Sixteen Senate Democrats sent a letter to federal financial regulators on Wednesday asking them to strengthen a proposal to restrict executive compensation at financial firms.

Lower Yields Trump Loan Growth at Prosperity

Wed, 26 Oct 2016 17:18:00 GMT
Prosperity Bancshares' profit took a hit in the third quarter from lower yields on loans and higher expenses.

UMB Adjusts Sales Incentives for Branch Employees

Wed, 26 Oct 2016 17:05:00 GMT
UMB Financial in Kansas City, Mo., has made changes to incentive compensation for its branch employees.

Auto Delinquencies Drive Decline in Ally's 3Q Profit

Wed, 26 Oct 2016 16:57:00 GMT
Ally Financial, one of the nation's largest automobile lenders, saw profits fall during the third quarter as more motorists fell behind on their car payments.

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