Tag Archives: Banks

Fed Governor Daniel Tarullo on Monday unveiled a proposal that includes more stringent capital requirements for the nation's largest bank holding companies as part of the Fed's annual stress testing.

The U.S. banking system in 2016 is as well capitalized as any in the world as key industry participants continue to apply the basic lessons they learned from the financial crisis of 2008, according to Comptroller of the Currency Thomas Curry.

The Fed announced this week that it may raise capital requirements for the largest banks when the risk of above-normal losses is elevated.

Banks were given in a "stable" rating in a mid-year outlook released this week. What were the deciding factors in the rating?

The Federal Reserve Bank of New York has released a report that includes nine research papers aimed at identifying and understanding key factors affecting governance and culture in the banking industry,

So how does a brick-and-mortar bank stay relevant and competitive in this always in flux industry? Kevin Gillen, SVP, Mortgage at TD Bank, fills us in. This select print feature originally appeared in the August 2016 issue of MReport magazine.

Continuing a second quarter theme exhibited by many the country’s largest banks, revenue from the mortgage segment was largely responsible for improved earnings in Q2 for SunTrust.

Mortgage production was up for Bank of America in Q2 despite a drop in mortgage income during the quarter as well as a substantial overall drop in profits.

Wells Fargo, U.S. Bancorp, and PNC Financial Services Group all continued what JPMorgan Chase started, reporting increased mortgage activity for the second quarter of 2016.

While JPMorgan Chase’s net income for the second quarter stayed relatively flat from a year ago, mortgage banking income took an upward turn.