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NEW YORK -- For the second year in a row, Citicorp, the nation's top commercial banking firm, was also the largest savings institution holding company in 1983. And since the [...]

NEW YORK -- Miami is now the dominant Edge bankin center, surpassing New York in both the number of Edge bank offices and in Edge banking assets. In addition, foreign [...]

American Banker's sixth annual survey finds credit unions more than doubling their growth over savings banks and savings and loan associations, from Credit Union National Association statistics: 12% to 5.1%. A major reason was credit unions' exclusive right to offer money-market deposit accounts until December 1982. Savings at credit unions surpassed those elsewhere with 17% vs. 10.3% growth.

NEW YORK -- The total deposits of Edge banking offices in Miami shot up 43% last year, or more than four times faster than the 9.8% rise in deposits in [...]

NEW YORK -- Interstate mergers, which have accelerated in the last year, have altered considerably the lineup of the top 50 bank holding companies, a new listing published by the [...]

NEW YORK -- Home Savings of America, Irwindale, Calif., has regained its position as the largest savings institution in deposits with $19.3 billion on June 30, up 4% from yearned [...]

Top 300 Banks Increase Acquisitions in 1st Half Bank of America Retains First Place; Wells Fargo Joins Top 10; Continental Is 12th Acquisitions of other commercial banks by the nation's [...]

NEW YORK -- Italy's Cassa di Risparmio dell Province Lombarde, Milan, is the largest savings bank in the world. It ranked 70th among the world's top banks, with deposits totaling [...]

Since the Depository Insitutions Act of 1982 allowed charter changes from savings and loans to federal savings bank, 15 of present top 100 savings banks are newly changed from savings and loans: Great American Federal; Transohio; Pacific First Federal; First Federals of Santurce, Pontiac, Cleveland, and Colorado; Far West Federal; State Savings; Capital Savings; Central Federal; Womens, Fidelity, Home, and Commonwealth Federals.

Deposits in the 500 largest banks grew by only .5% in 1982, the smallest gain since American Banker began its survey in 1957. Reasons for the lack of deposit growth include the worldwide recession, stricter monetary policies, the strength of the dollar relative to other currencies, and the debt problems of such countries as Mexico, Argentina, and Brazil. The Bank of America remained the top bank with deposits of $95 billion.

Citicorp Tops Morgan in Managed Trust Assets Citicorp has surpassed J.P. Morgan & Co. as the top banking firm in assets managed by its trust department. Citicorp's trust assets rose [...]

Top 10 Banks' Business Loans Decline Again NEW YORK -- For the second consecutive year, the growth in business lending at the nation's top 300 banks in the field was [...]

Automakers Carve Out Bigger Pieces of Financial Services Pie NEW YORK -- The nation's Big Three automakers -- General Motors Corp., Ford Motor Co., and Chrysler Corp. -- substantially increased [...]

NEW YORK -- Large international banks appear to be stepping up their merger activity with banks outside their own countries and most of their acquisition targets are banks outside the [...]