Page 6 - Us Banks
Will US cut off China's access to US dollar system? Fear grips Beijing
Under this payment system, the White House can order US banks to stop processing transactions with certain individuals, institutions and countries, thus, denying them access to the US dollar payments
 "Will US cut off China's access to US dollar system? Fear grips Beijing")
Dow Jones, S&P tumble over 2% on gloomy economic data, bank earnings
The banking subsector declined 5.2%, falling for the third straight day
 "Dow Jones, S&P tumble over 2% on gloomy economic data, bank earnings")
How American banks beat European peers to rule the global financial system
A decade ago, they almost brought down the global financial system. Now they rule it
 "How American banks beat European peers to rule the global financial system")
BB&T to buy SunTrust for $28 bn in biggest US bank deal since 2009 crisis
(Reuters) - BB&T Corp will buy SunTrust Banks Inc for about $28 billion in an all-stock deal, the companies said on Thursday, creating the sixth largest U.S. lender in the biggest bank deal since the 2007-2009 financial crisis.
 "BB&T to buy SunTrust for $28 bn in biggest US bank deal since 2009 crisis")
US banking sector reports $62 bn profit in Q3, boosted by lower tax rate
Only 3.5 per cent of banks reported net losses, down from 4 per cent a year ago
 "US banking sector reports $62 bn profit in Q3, boosted by lower tax rate")
Key democratic lawmaker may invite bank CEOs to testify before US Congress
A spokesman for Deutsche Bank said the bank was committed to cooperating with authorized investigations
 "Key democratic lawmaker may invite bank CEOs to testify before US Congress")
US banks lure customers with free WiFi, espressos to keep branches alive
Banks are in a bind - branches are costly and keep losing traffic as phone apps take over day-to-day banking
 "US banks lure customers with free WiFi, espressos to keep branches alive")
Biggest banks fined $321 billion since financial crisis
Banks paid $42 billion in fines in 2016 alone, a 68% rise on the previous year
 "Biggest banks fined $321 billion since financial crisis")
Most big US banks pass Fed's stress test
Since the 2006-07 financial crisis, management teams have largely proven the merit of their internal disaster planning to the Fed
 "Most big US banks pass Fed's stress test")
US banks seem keen on instant payments
The idea has been in the works for at least five years
 "US banks seem keen on instant payments")
