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Auto loan growth eased substantially in the second quarter amid competitive pressures from credit unions and other lenders.
By Jim DobbsAugust 26 -
Corporations are navigating shifting geopolitics, and M&A bankers are advising them as they consider selling off faraway units and focusing more on assets closer to home or in friendlier countries.
By Jim DobbsAugust 17 -
Rising interest rates, lower stock prices and other headwinds have caused many banks to pump the brakes on dealmaking. But some are betting that these trends will be too short-lived to deter them from engaging in mergers and acquisitions.
By Jim DobbsAugust 10 -
Unlike some of its peers, the Dallas bank says the U.S. economy is strong, clients are upbeat and lending momentum continues.
By Jim DobbsJuly 20 -
Business owners are seeing their cash flow strained by the highest inflation in 40 years and mounting costs to borrow money.
By Jim DobbsJune 28 -
Most banks’ interest income will rise following the Fed policy shift. But the rate increase also boosts the likelihood of a recession that could hurt borrowers and drive up loan losses.
By Jim DobbsJune 16 -
An American Bankers Association panel of experts predicted much slower economic growth, but agreed that the U.S. economy will avoid a recession over the next couple of years.
By Jim DobbsJune 3 -
Increased interest income would boost lending profitability, but only if borrowers are confident enough in the economy to take out loans. And that's just one of the issues hammering banks' shares.
By Jim DobbsJune 1 -
Completion of U.S. Bancorp’s $8 billion acquisition of MUFG Union Bank, originally slated for June, has been pushed to the second half of 2022, the seller’s parent company says.
By Jim DobbsMay 16 -
Multiple factors have slowed residential sales, tightening the market for home loans for banks and credit unions.
By Ken McCarthyMay 5