Kristin Broughton

New research from the New York Fed confirms a lingering worry for the banking industry: More prime-age, college-educated borrowers are delaying the decision to take out their first mortgage as they focus instead on paying off their student loans.

With a "needs to improve" rating, Wells Fargo is now subject to a wide range of regulatory restrictions on things like branch openings and M&A.

CIT Group's exit from its commercial air and reverse-mortgage-servicing businesses cost it heavily in the fourth quarter.

Umpqua Holdings in Portland, Ore., reported an increase in profits, as a spike in fees compensated for lower interest income.

Big increases in construction and commercial real estate lending boosted revenue at the Kansas City, Mo., company.

Associated Banc-Corp in Green Bay, Wis., reported a sharp increase in profits on a mix of higher fee income and lower credit costs.

Banks have started reconsidering how much they are willing to pay for low-income housing tax credits as expectations of a Trump tax cut surge, slowing down some projects already and threatening developers with heavier financing burdens.

Gov. Andrew Cuomo wants to give the state's banking regulator — one of the country's most aggressive — the power to ban "bad actors" from working in financial services, allowing it to step in when federal agencies refuse to act.

The bank formerly run by Steven Mnuchin, President-elect Donald Trumps' nominee to head the Treasury Department, allegedly used illegal practices in foreclosing on delinquent homeowners, according to a leaked 2013 memo from the California Attorney General’s Office.

U.S. Bancorp in Minneapolis has raised its expectations for its net interest margin in the fourth quarter, citing the recent increase in benchmark rates.

Two consumer advocacy groups in California have accused CIT Group's OneWest Bank of failing to provide mortgages and other financial services in minority neighborhoods.

Steven Mnuchin is widely viewed as a top pick for Treasury secretary in the Trump administration. A Goldman Sachs alum, he is known as a successful change agent for his roles in the transformation of the failed IndyMac into OneWest and the revamping of CIT, but some community reinvestment advocates remain critical of him.

The No. 3 U.S. bank by assets has made a change at the top after a snowballing scandal involving the creation of fraudulent accounts.

The slow start to Fifth Third's 3%-down mortgage illustrates some of the logistical challenges with such programs, which are on the rise across the industry.

U.S. acquisitions have buoyed profits at Canada’s biggest banks, whose domestic economy is sluggish and possibly on the verge of a housing crisis. The banks are expected to pursue more M&A in the U.S. if that problem persists.

Quarterly profit at CIT Group plunged after the in Livingston, N.J., company recorded $167 million in charges tied to its discontinued reverse-mortgage servicing unit.

The $140 billion-asset company disclosed Thursday in a regulatory filing that the Federal Reserve Board downgraded its Community Reinvestment Act rating to "needs to improve."

Calling the crazy-idea department…a U.S. Bancorp-branded bus is more than halfway through a cross-country, social-media-tracked journey to promote community development and alter its profile. It's an example of the new style of reputation-oriented marketing being pursued by banks.

An executive from Regions Financial said recently that his bank plans to pad fee income by expanding into syndication of low-income housing credits. The comment shed light on an increasingly competitive business — and reminded the world again how eager banks are for even incremental boosts to revenue.

The world knows JPMorgan's quarterly profits fell and that it flunked the living wills test. But underneath all that were solid first-quarter results in its core lending businesses that bode well for other banks at the start of earnings season.