Regional Banks Get a Tailwind from Congress and the Fed

The American Short Line and Regional Railroad Association (ASLRRA) is urging Congress to pass legislation that would make permanent the tax credit that short lines receive for infrastructure improvements. read more.....»»

This comes at a time when Democrats in Congress are taking a closer look at the banking industry. Banks made more than $11.5 billion in overdraft fees last year......»»

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.....»»

Italian banks will not step in to plug a capital shortfall at regional lender Banca Carige after U.S. fund manager BlackRock pulled out of a planned rescue bid, sources said, making a state bailout for the bank more likely......»»

Italian banks will not step in to plug a capital shortfall at regional lender Banca Carige after U.S. fund manager BlackRock pulled out of a planned rescue bid, sources close to a fund comprising the banks said on Monday......»»

Ep 84. Discount Rates, Is There A Place For Lower Return Investments In A Portfolio, And Thoughts On Regional Banks And Majestic Wines (Podcast).....»»

The opening comes ahead of SunTrust’s $66 billion merger with North Carolina super-regional bank BB&T Corp......»»

U.S. farmers are defaulting and missing payments at alarming rates, forcing regional banks to restructure and refinance existing loans, according to Bloomberg. Regional banks, although still con.....»»

Investing in stocks of homebuilders, regional banks and REITs with a domestic focus would be prudent in such an environment. Want the latest recommendations from Zacks Investment Res.....»»

Congress has agreed to postpone a deadline for two banks to respond to subpoenas seeking President Donald Trump's financial records......»»

Banks and financial institutions dramatically increased their political spending as Congress debated, and then passed, legislation last year that rolled back several key industry regulations......»»

Regional banks BB&T Corp. and .....»»

The Oregon Food Bank has long had a massive task: bringing food to families and individuals who need it the most. That hefty job is illustrated by the group's reach: It serves a network of 21 regional food banks and approximately 1,200 assistance site.....»»

For the first time since the financial crisis in 2008, the CEOs of the largest U.S. banks appeared before Congress on Wednesday to answer questions regarding the size and safety of America’s financial institutions. read more.....»»

It has been a decade since the chief executives of the country's biggest banks have been called to testify before Congress. In that time, the industry has rebounded to record profits and has been facing more scrutiny from Democrats......»»

Chief executive officers of some of America's largest banks, including JPMorgan Chase & Co, Bank of America Corp and Citigroup Inc, on Wednesday testified before Congress, where they were grilled on a wide range topics......»»

Chief executives of some of the largest U.S. banks appeared before Congress on Wednesday, giving lawmakers their first opportunity to grill the lenders since the 2007-2009 financial crisis......»»

The heads of some of the largest banks in the U.S. are appearing in front of Congress Wednesday, for the most significant hearing on the banking industry since Democrats took control of the House......»»

Chief executives of some of the largest U.S. banks will testify before Congress on Wednesday, giving lawmakers their first opportunity to grill the lenders since the 2007-2009 financial crisis......»»

The heads of some of the U.S.' largest banks will appear in front of Congress Wednesday, for a hearing expected to produce political fireworks, but few policy changes......»»