They aren't creating new products, but some lenders are advising cash-strapped customers in high-tax states to tap home equity or other credit lines to prepay property taxes before the new tax law kicks in.
In a business populated by extroverts, Diana Reid views herself as an introvert. The head of PNC Real Estate at PNC Financial Services Group says it's an attribute that she's made an asset as she looks to build consensus and drive business growth.
On the first big day of 2Q results, bankers said their investments in middle-market lending have started paying off. JPMorgan Chase and PNC have added commercial loan officers in new markets across the country.