(NEW YORK)Bank stocks were mixed Friday, as investors weighed a number of potential government initiatives to help free up lending and stabilize the economy. After rallying early in the sess...READ MORE
(NEW YORK)Bank stocks fell Thursday amid news that the Bush administration is considering taking part ownership in a number of U.S. banks in its continued effort to help prop up ailing finan...READ MORE
(NEW YORK)An analyst on Thursday said SunTrust Banks Inc. could be in line for a dividend cut as it faces mounting mortgage losses and may need to conserve capital to improve its ratios.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
(ATLANTA)SunTrust Banks Inc. on Wednesday cut its prime lending rate to 4.5 percent from 5 percent. The reduction, which took effect immediately, matches the 0.5 percent cut that the Federa...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