Bank channel

At Deutsche Bank Private Wealth Management’s Capital Market Outlook breakfast in New York City on Wednesday, Larry Adam announced a positive outlook for equities, anticipating that the S&P 500 would reach 1400 by the end of 2011. The only thing that could derail Adam’s positive outlook would be a lack of confidence.

Net income declined to $157.1 million, or 64 cents a share, from $200.3 million, or 82 cents a share, a year earlier. It missed analyst estimates by seven cents.

Boosted by a pair of acquisitions last year, Bank of New York Mellon Corp. reported Wednesday that fourth quarter earnings rose 10%.

The 84% decline was caused by a repositioning of the investment portfolio and a restructuring charge, which included 1,400 in layoffs and real estate consolidation.

With immediate threats to survivability in the rearview mirror and capital ratios at a comfortable level, Citigroup is finding that earnings-per-share performance matters again.

Executives at Comerica have highly valued Texas expansion for a long time — maybe too much in some eyes, after its big deal announcement Tuesday.

BNY Mellon Wealth Management announced on Tuesday that it will now offer its private banking clients Cash Management Access Accounts that will allow them to manage banking and self-directed investments in one place.

For the first time in years, there is some optimism about community banks' results ahead of the quarterly reporting season.

Banks are still juggling how best to use social media to communicate to customers — especially when other systems go down.

The six-year-old firm picks up another three businesses to expand its national business.

Inflows to long-term investments and favorable markets offset outflows from temporary holdings.

Investors hoping that dividend increases expected at large banks will trickle down to community banks are probably out of luck.

With small-business credit still sluggish, policymakers and industry representatives spent much of a Federal Deposit Insurance Corp. forum Thursday debating whether government could find a solution, or was itself part of the problem.

While many forecast that the use of cash will disappear in the United States, a new report from Aite Group says it is “far from vanishing.”

TD Bank announced Thursday a new high-yield savings account, which offers competitive interest rates as well as a rate increase for also having a TD Bank checking account.

Market watchers will dig deep into the results of two prime suspects that kick off reporting Friday — JPMorgan Chase & Co. and M&T Bank Corp. — for clues about which large banks are beneficiaries of a rebound in business lending indicated by federal data.

The Federal Deposit Insurance Corp. board is scheduled to move ahead on new resolution powers and discuss executive compensation structures at a meeting Tuesday.

Midwest banks have long been enamored with growth in sunny locations, but Enterprise Financial is using government-backed deals with loss-sharing agreements as protection.

A group of House Financial Services Democrats are raising questions about whether taxpayers will be fully protected under the terms of a recent settlement over poorly underwritten loans held by Fannie Mae and Freddie Mac.

BMO Financial Group announced Tuesday that it has signed a definitive agreement to buy Hong Kong-based Lloyd George Management.