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Regional Banks Get a Tailwind from Congress and the Fed

Zacks.....»»

Category: topSource: redinewsJun 14th, 2018

Congress could give bank shareholders a $53 billion gift

Regional banks could reward shareholders with up to $53 billion if Congress rolls back Dodd-Frank......»»

Category: topSource: cnnApr 16th, 2018

Proposed US banking fix for marijuana may not open all doors

A proposal in Congress to ease the U.S. ban on marijuana could encourage more banks to do business with cannabis companies, but it appears to fall short of a comprehensive fix. .....»»

Category: topSource: moneycentralJun 14th, 2018

Your neighborhood bank may now offer short-term, small-dollar loans

National banks and federal savings associations can now lend to the short-term, small-dollar loan market. Other financial institutions — such as regional banks, small banks.....»»

Category: topSource: usatodayJun 12th, 2018

Breaking: $15 million small business fund launches in Memphis

A group of nonprofits and banks are ready to lend their money and expertise to help support Memphis-area minority- and women-owned businesses. Epicenter, a locally based entrepreneurship hub, and Pathway Lending, a regional Community Development Fina.....»»

Category: topSource: bizjournalsJun 11th, 2018

Regional Bank ETFs: What Investors Need to Know

These regional bank ETFs stand to benefit from deregulation, tax cuts, improving economy and rising rates. Regional banks ETFs are rising this week. There are many reasons behind this trend.The economy is gaining momentum and most .....»»

Category: personnelSource: nytJun 8th, 2018

Obama misled Congress, tried and failed to give Iran secret access to US banks before the deal

NPR The Obama administration secretly sought to give .....»»

Category: topSource: businessinsiderJun 6th, 2018

Super Regional Banks Can Be Traded, But Are Not Great Investments

Super Regional Banks Can Be Traded, But Are Not Great Investments.....»»

Category: topSource: seekingalphaJun 5th, 2018

Growing local economy drives bank earnings far past national average

Sacramento’s growing economy is illustrated by its regional banks' earnings, which far outpaced the performance of the nation’s banks during the first quarter of 2018......»»

Category: topSource: bizjournalsMay 31st, 2018

Pittsburgh bank names president to oversee Cincinnati expansion

First Commonwealth Bank, one of Pittsburgh's largest banks, has appointed a leader for its new Cincinnati region. The retail subsidiary of Indiana, Pa.-based First Commonwealth Financial Corp., named David Folkwein as regional president for Cincinnati.....»»

Category: topSource: bizjournalsMay 30th, 2018

How Dodd-Frank rollback could affect Wichita banks

The measure helps ease the most stringent restrictions on small and regional banks while keeping in place restrictions on the largest financial institutions......»»

Category: topSource: bizjournalsMay 26th, 2018

Falling mining investment lending support to Asian coal prices: Fitch

Many global and regional banks have toughened their stance on lending for coal mining, reflecting concerns about climate change and, in some cases, pressure from environmental groups.....»»

Category: topSource: business-standardMay 24th, 2018

Trump eager to sign bill rolling back Dodd-Frank regulations

Congress moved to dismantle a chunk of the rules framework for banks, installed to prevent a recurrence of the 2008 financial crisis that brought millions of lost jobs and foreclosed homes......»»

Category: topSource: foxnewsMay 23rd, 2018

Dodd-Frank rollback; Zuckerberg upsets Europe; Emerging markets pain

1. Dodd-Frank rollback: The US Congress on Tuesday approved a bill aimed at loosening regulations covering thousands of banks. The financial crisis era rules -- called the Dodd-Frank Act -- were designed to make banks safer......»»

Category: topSource: cnnMay 23rd, 2018

Congress approves plan to roll back post-financial-crisis rules for banks

The bill, now near certain to pass, scales back the rules but does not repeal them entirely......»»

Category: topSource: washpostMay 22nd, 2018

Small banks trump Wall Street on Dodd Frank rewrite

Congress on Tuesday rolled back some of the restraints imposed on banks after the 2007-2009 global financial crisis, but big players like Goldman Sachs, Morgan Stanley (MS.N) and JPMorgan Chase, will not be breaking out the champagne......»»

Category: topSource: moneycentralMay 22nd, 2018

Small banks trump Wall Street on Dodd Frank rewrite

WASHINGTON (Reuters) - Congress on Tuesday rolled back some of the restraints imposed on banks after the 2007-2009 global financial crisis, but big players like Goldman Sachs , Morgan Stanley and JPMorgan Chase , will not be breaking out the champagne......»»

Category: topSource: reutersMay 22nd, 2018

Congress moves to dismantle key post-crisis bank rules

Congress is hurtling toward dismantling a chunk of the rules framework for banks installed to prevent a recurrence of the 2008 financial crisis that brought millions of lost jobs and foreclosed homes......»»

Category: topSource: foxnewsMay 22nd, 2018

Congress Votes to Roll Back Dodd-Frank Regulations as Banks Make Record Profits

U.S. Banks profited by a record breaking $56 billion during the first quarter of 2018, up 27.5 percent from the year prior, as Congress prepares to roll back financial regulations......»»

Category: topSource: newsweekMay 22nd, 2018

The Wall Street Journal: House approves bill to roll back regulations for small and midsize banks

Congress took a big step Tuesday to relax a wave of crisis-era restrictions placed on financial firms, as the House approved a plan to ease rules for small and midsize banks......»»

Category: topSource: marketwatchMay 22nd, 2018

Congress nears dismantling of post-crisis bank rules

Congress is hurtling toward dismantling a chunk of the rules framework for banks installed to prevent a recurrence of the 2008 financial crisis that brought millions of lost jobs and foreclosed homes......»»

Category: topSource: foxnewsMay 22nd, 2018