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Western Alliance Q1 deposits grow nearly $7B, speeding up repositioning plans

Western Alliance Bancorporation, the holding company of Alliance Bank of Arizona, reported a $6.9 billion increase in quarterly deposits as the financial institution continues to reposition its balance sheet and focus on stable assets......»»

Category: topSource: bizjournals17 hr. 2 min. ago

Citizens CEO says bank remains "solid" amid interest income drop

The bank continues "to play strong defense" amid an uncertain economy, CEO Bruce Van Saun said on the bank's first-quarter earnings call. As for bad CRE loans, "the pig is moving through the python," he said......»»

Category: topSource: bizjournalsApr 17th, 2024

Regions Bank expects continued branch consolidations, declines in associate headcount

Regions Financial Corp. has been making moves in its branch network over the past few years, and as a result, the bank’s associate headcount continues to decline......»»

Category: topSource: bizjournalsMay 20th, 2021

Wells Fargo execs bullish on economy, as bank continues to navigate expenses

Executives at Wells Fargo & Co. are bullish on the economy moving into the rest of 2021. Driving that outlook is increased consumer spending and promising credit quality largely due to federal assistance......»»

Category: topSource: bizjournalsApr 15th, 2021

Stock futures rise ahead of bank earnings, economic data

The parade of bank earnings continues Thursday, with Citigroup, Bank of America and U.S. Bancorp posting ahead of the opening bell.....»»

Category: topSource: foxnewsApr 15th, 2021

Wells Fargo execs bullish on economy, bank continues to navigate expenses

Executives at Wells Fargo are bullish on the economy moving into the rest of 2021. Driving that outlook is increased consumer spending and promising credit quality largely due to federal assistance......»»

Category: topSource: bizjournalsApr 14th, 2021

Triad Business Bank CEO optimistic for future despite Q3 net loss, expects profitability after six quarters

“As the bank continues to build its loan portfolio, its net interest margin will continue to rise,” said Ramsey Hamadi, CEO of Triad Business Bank......»»

Category: topSource: bizjournalsFeb 12th, 2021

"Dangerous optimism" has the stock market on the brink of euphoria, Bank of America warns

Investors might have to "kiss double-digit S&P 500 returns goodbye" if the extreme optimism continues, BofA said. A trader blows bubble gum during the opening bell at the New York Stock Exchange (NYSE) on August 1, 2019, in New York City. JOHAN.....»»

Category: dealsSource: nytFeb 2nd, 2021

Bank of America beat analysts" income expectations in fourth quarter, missed on revenue

The Covid-19 pandemic continues to drag on Bank of America Corp.'s earnings, although results show the potential for recovery......»»

Category: topSource: bizjournalsJan 19th, 2021

Wells Fargo posts another profitable quarter as bank"s restructuring continues

Wells Fargo & Co. forged ahead with another profitable quarter despite economic headwinds and ongoing regulatory issues......»»

Category: topSource: bizjournalsJan 15th, 2021

Peloton can rally 12% as demand continues to surpass supply in early 2021, Bank of America says

Peloton deliveries were delayed 10 weeks as of January 6, signaling demand still outstripped supply at the end of the holiday sea.....»»

Category: worldSource: nytJan 13th, 2021

: ‘Sell the vaccine’ in response to ‘violent inflationary price action,’ Bank of America strategist says

Michael Hartnett, the chief investment strategist at Bank of America, knows markets haven't been listening. But he continues to say "sell the vaccine," as he warns about bubble conditions not just in stock but other asset markets......»»

Category: topSource: marketwatchJan 8th, 2021

: Bank of America strategist continues to say ‘sell the vaccine’ in response to ‘violent inflationary price action’

Michael Hartnett, the chief investment strategist at Bank of America, knows markets haven't been listening. But he continues to say "sell the vaccine," as he warns about bubble conditions not just in stock but other asset markets......»»

Category: topSource: marketwatchJan 8th, 2021

Frost Bank continues Houston market expansion with new locations

Frost Bank is the sixth-largest bank in the Houston metro region by local deposits......»»

Category: topSource: bizjournalsDec 30th, 2020

AT&T updates recovery efforts as bombing investigation continues

More than 24 hours after an RV was detonated in downtown Nashville, authorities are still investigating who was behind the attack while AT&T continues to address widespread service outages. At a news conference Friday night, Mayor John.....»»

Category: topSource: bizjournalsDec 26th, 2020

China launches an antitrust investigation into Alibaba as its crackdown on Jack Ma"s tech empire continues

Jack Ma's Alibaba investigated over alleged anti-monopolistic practices, while Ant G.....»»

Category: dealsSource: nytDec 24th, 2020

UAE Bank Opens Bangladesh Remittance Corridor Using Ripple’s Blockchain Tech

RAKBank aims to speed up remittances for Bangladeshi expats after integrating with RippleNet......»»

Category: forexSource: coindeskMay 12th, 2020

UAE Bank Opens Bangladesh Remittance Corridor using Ripple’s Blockchain Tech

RAKBank aims to speed up remittances for Bangladeshi expats after integrating with RippleNet......»»

Category: forexSource: coindeskMay 12th, 2020

Tesla reiterated order backlog continues to grow, says Deutsche Bank

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMay 11th, 2020

Sources: Dollar Bank still considering other HQ possibilities downtown

Sources indicate that Dollar Bank continues to consider offers for another downtown office building.....»»

Category: topSource: bizjournalsMay 8th, 2020