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Robert Armstrong is the FT’s US financial editor. Previously, he was chief editorial writer and has also edited the FT’s Lex Column. Before becoming a journalist, he worked in finance and studied philosophy.
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The lieutenant-governor of Pennsylvania combines progressive politics and manly style — take note, Democrats
Asked if he plans more acquisitions, the Pittsburgh bank boss answers in one word: ‘Yes’
Business cycle and interest rates look to be lining up to lift the sector’s fortunes
Pittsburgh lender grabs foothold in Texas and beyond with purchase of Spanish bank’s US arm
Account balances continue to slide and outlook for Christmas spending remains unclear
Ex-bank boss accused of misleading investors about retail operations at the centre of fake accounts scandal
Profitability boosted by steeper yield curve in wake of trial results from Pfizer and BioNTech
Divided government might shield banks from higher taxes and tighter regulation
What 40 years of presidential races have taught me about the balance between feeling and reason
Some digital start-ups in the US are beginning to accept customer deposits
Brad Hu to step down in management reshuffle following run-ins with regulators over controls
Delay in listings from Caliber Home Loans and AmeriHome raises doubts about sustainability of housing boom
Debts of more than $1bn are tied to the Covid-struck commercial real estate market
Payment processors’ revenues hit by struggling economic rebound and travel disruptions
Move comes as UK’s Prudential plans similar restructuring
Win-win arguments promoting both bigger profits and better social returns are illogical
A movement is afoot to rehabilitate khakis as a fashionable item. Don’t be fooled
News overshadows declining credit costs and improved results from banks’ fee-based businesses
Income in lender’s mortgage unit surges as Americans rush to refinance at lower rates
Banks bolstered by slimmer loan loss provisions and trading boom
Lender sets aside far less for bad loans in third quarter than it had earlier this year
Investors are assessing US presidential election polls that show a strong lead for Joe Biden
The charters would set up a legal conflict between the OCC and the Federal Reserve
Lenders will report against a backdrop of rising market optimism
If you must bet on the outcome, go to the bookmaker. Otherwise wait things out
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