(NEW YORK)Shares of regional banks were trading mixed Monday as questions remained about the impact the $700 billion rescue plan would have on them. KeyCorp shares rose 46 cents, or 6.9 perc...READ MORE
(CLEVELAND)National City Corp. won't discuss a report that the troubled bank is looking for a buyer. But one analyst said Thursday it would be absurd for National City--weighed down by high-r...READ MORE
(PITTSBURGH)PNC Financial Services Group Inc. said late Wednesday it lowered its prime lending rate to 4.5 percent from 5 percent. The cut in the prime rate matches the 0.5 percent rate cut th...READ MORE
(NEW YORK)Investors are not fully factoring in losses tied to commercial loans at regional banks, a Friedman, Billings, Ramsey & Co. analyst said Thursday. Losses tied to commercial loans ar...READ MORE
(NEW YORK)Cleveland-based National City Corp. may be the next bank to succumb to the current wave of consolidation in the financial industry, according to a report Thursday.READ MORE
(NEW YORK)Shares of regional banks mostly fell Wednesday afternoon despite the Federal Reserve Board slashing a key interest rate in a coordinated global effort to improve liquidity in the c...READ MORE
(NEW YORK)Shares of nearly all regional banks fell in late morning trading Tuesday amid continued concern in the credit markets and as banking bellwether Bank of America Corp. reported a fur...READ MORE