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US financials, most read


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US financials, most read

This week's most read content includes a pending deal between American National Bankshares and HomeTown Bankshares, and a feature on a petition asking the SEC to standardize corporate ESG disclosures.

Dimon: Too-big-to-fail era 'mostly over'

JPMorgan Chase & Co. Chairman and CEO Jamie Dimon said the era of "too-big-to-fail" banks is nearly over because postcrisis banking regulations have worked. However, Dimon added that "a lot of these rules [need] calibrations."

Regions, Wells Fargo among banks with most mortgages in counties hit by Florence

Regions Financial Corp. and Wells Fargo & Co. were among the top lenders in Hurricane Florence-affected counties in North Carolina and South Carolina during the 12 months ended June 30.

American National moving into high-growth region with deal

American National Bankshares Inc.'s pending acquisition of HomeTown Bankshares Corp. will expand the acquirer's branch footprint in the Roanoke, Va., metropolitan statistical area and provide entry into the New River Valley area of Virginia.

Active management dying out a 'false premise,' JPMorgan exec says

Executives from JP Morgan Asset Management and Russell Investments Group Ltd. dismissed concerns over the death of active asset management, saying that passively and actively managed investment strategies can coexist.

Investors, others ask US SEC to mandate, streamline corporate ESG disclosures

A joint petition by about 60 entities, academics and pension fund and other asset managers urged the U.S. Securities and Exchange Commission to require publicly traded companies to report on social, environmental and governance-related operations in a standardized way.