American Banker has retracted an opinion article, "FHFA should resist calls to weaken mortgage standards," published on Jan. 8. The story did not meet American Banker's editorial standards for disclosure of the author's business affiliations.
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The auto lending specialist did not alter its financial guidance in the wake of President Trump's 25% levies on imported vehicles. Ally posted a net loss of $225 million in the first three months of 2025 following a one-time balance sheet restructuring.
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The parent company of Regions Bank released modest growth first quarter earnings, anticipating a slowdown in the economy due to market volatility.
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Executives at the Cleveland bank are concerned about tariff uncertainty, stubborn inflation and stalled deals — but they haven't changed their guidance for 2025.
46m ago -
Fifth Third Bancorp revised its guidance, but still expects record net interest income for 2025, even as commercial clients signal that economic volatility will drive up inflation.
58m ago -
CEO Stephen Squeri said current strategy will continue, adding it would look to adjust expenses in areas such as marketing if there's an economic downturn.
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The super-regional bank cited "a material slowdown" in investment banking and trading income as one reason for the lower revenue forecast. Interest rates are also a factor, executives said.
1h ago