A top U.S. bank regulator added two banks with combined assets of roughly $84 billion to its so-called "problem bank" list in the third quarter, while overall industry profits dipped 8.6%, the ...

Banks ended 2024 with strong earnings growth driven by lower costs, higher revenue streams, and improved investment performance, according to the Federal Deposit Insurance Corp.'s most recent ...

WASHINGTON, Feb 25 (Reuters) - U.S. banking sector profits rose 2.3% to $66.8 billion in the fourth quarter of 2024, a bank regulator reported on Tuesday, as it also announced moves to update how ...

WASHINGTON, May 27 (Reuters) - The number of problem U.S. banks and thrifts soared to 15-year high in the first quarter as the industry faced mounting losses from home mortgages, commercial real ...