Bank channel

It sounds like the name of an honored Transatlantic ship, but this time the QE2 stands for the Federal Reserve Board’s second attempt at an economic stimulus with the name Quantitative Easing. Will this new round help keep the economy afloat and chugging toward an expansion?

The new product line covers fund administration.

JPMorgan Chase in the "next couple of weeks" will resume filing paperwork on 127,000 foreclosures it suspended due to documentation errors, said the CEO of its retail bank.

Private-equity firms are showing more confidence that credit-quality problems are ebbing. Several recent capital infusions have caught the eye of analysts, especially an announcement on Monday by Brand Group Holdings Inc.

Two different interpretations of this week's historic midterm elections emerged, with both sides competing to say how the vote would impact the financial services world.

Catie Tobin succeeds Mike Kavanagh as head of RBC Correspondent and Advisor Services.

Still awash with deposits and seeing limited opportunity to make loans, banks are trying to lift net interest margins by shrinking long-term debt.

Wilmington's top executive said "there is no significant economic or real estate recovery on the horizon in our markets. Therefore, we have little assurance that our loan portfolio will strengthen significantly in the near term, or that our capital position will not erode further."

While reforming the government-sponsored enterprises was always going to be a hard battle for the Obama administration, its job will be even tougher if the Republicans, as expected, win control of the House this week.

Bankers like to talk about shifting from a product-centric focus to a customer-centric one. But their best strategy for doing this may be to stop talking for awhile.

The Federal Reserve Board issued three enforcement actions against community banks and their holding companies on Thursday.

First Federal Lakewood in Ohio is like a lot of banks these days: It wants more fee income but doesn't have a lot of extra capital to invest to get it.

Nearly two years after hiring CEO Paul Perrault, known for his acquisitiveness, the capital-heavy Brookline announced Wednesday that it would buy another Massachusetts company, First Ipswich Bancorp, for $19.7 million.

Bank loans could suffer if Bush-era tax cuts are repealed, potentially slowing an economic recovery, Market Research Insight’s Geller warns.

Two of the banking industry's biggest turnaround challenges fell further behind the pack in the 3Q, and it's now up to their rookie CEOs to turn on the afterburners.

Capitol Hill’s efforts to fix the financial system will merely burden already cash-strapped banks, their officers complain.

Some large banks sold fewer mortgages to the government housing agencies last quarter, using them to manage interest rate risk and to slow the contraction of loans.

Citigroup Inc. Chief Executive Vikram Pandit offered up a scathing review Monday of Basel III, saying the new rules do nothing to reduce pro-cyclicality or to level the playing field among different countries and differently regulated financial institutions.

Increased bank-customer interest in variable products indicates a positive shift in their aversion to market exposure.

Seven banks failed Friday, bringing the total number of failures this year to within one of the number of failures in all of 2009. So far 139 banks have failed in 2010. Friday's failures are expected to cost the deposit insurance fund a collective $478 million.