Catherine Leffert

Dallas-based First Foundation's multifamily portfolio makes up more than half of its loans, which have put pressure on earnings for more than a year.

Space for rent inside of the Penn 2 building in New York City in May 2024. Vornado Realty Trust paused parts of its massive redevelopment plan to

Chairman and CEO Jamie Dimon said while the economic outlook is 'benign,' the bank remains 'vigilant about potential tail risks.'

second-quarter earnings report highlighted the diverging fortunes of Main Street and Wall Street, as mounting credit costs

The Charlotte, North Carolina-based bank's second-quarter earnings were lifted by investment banking and global markets revenue.

En este artículo: ALLY Ally Financial announced in second-quarter earnings that it saw net interest margin expand for the first time

Bank OZK is the latest commercial real estate-heavy bank to announce plans to diversify its business. CEO George Gleason emphasized that he's confident in the bank's loan portfolio, but said he thinks misperceptions are dragging down the stock price.

The Raleigh, North Carolina-based bank grew loans and deposits in the second quarter as it won back business from former customers of the failed Silicon Valley Bank. First Citizens bought the remains of SVB last spring.

First Foundation will work on building out its presence in Florida and Texas, where it moved its headquarters in 2021 from Irvine, California.

TORONTO (Reuters) - Thousands of Bank of Nova Scotia clients in Canada were experiencing technical issues on Friday, with many complaining about missing paychecks and other problems.