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The Lone Star State seems like an ideal place to kickstart stagnant bank consolidation. But good markets and loan growth are convincing possible sellers to rebuff overtures from potential buyers.

Consumer Finance

Image: Bloomberg News
Bank of America is limiting the number of refinance applications it accepts over the phone, telling borrowers who do not have an existing relationship with the bank that they may have to wait 60 to 90 days before they can get their application processed.

Mergers & Acquisitions

Image: Bloomberg News
The Federal Reserve Board postponed their closed session to discuss Capital One's merger with the online banking unit of ING until next week.

Regulation & Reform

Rep. Shelley Moore Capito, chairman of the House Financial Services Subcommittee on Financial Institutions and Consumer Credit (Image: Michael Chu)
Democrats and Republicans said Wednesday they would support a bill to ensure that certain information shared with the CFPB during exams is protected by attorney-client privilege.

Technology

Christine Barry, research director at Aite Group
The largest non-U.S. core banking software provider, Misys, is teaming with Swiss rival Temenos in a deal that should enable the combined company to offer a broad product portfolio.
Rep. Ed Royce (Image: Bloomberg News)
Bankers and credit unions clashed again Wednesday over a bill that would allow credit unions to make more loans to small businesses.

Community Banking

Failure has been the most common way out of enforcement actions in the current cycle, but outcomes may be improving.

Technology

Image: ThinkStock
Which U.S. banks are the most earth friendly? We are starting to scan the country to find the greenest banks. If you work for an environmentally conscious bank or know of one, please tell us about it.

Consumer Finance

Image: Bloomberg News
A celebrity's name on a prepaid card has been more of a scarlet letter than a ticket to success. But celeb cards are still popular enough to be a threat to traditional banks.

Risk Management

''Tami''
U.S. Bank has produced four new security awareness videos that feature a fictional character, Tami, sharing her personal information a bit too freely.

American Banker Magazine

There have always been regulatory impediments to the pursuit of profit, but bankers are increasingly worried about how to preserve the self-determination they have left.

Bank Technology News

In some banks, IT is an order taker. In these banks, the CEO realizes the importance of technology to the company's success and the CIO is a valued member of the executive suite.

Survey

Facebook's securities filings show its Facebook Credits digital currency business is exploding. Does it pose a serious threat to banks?
Yes. Facebook Credits threatens to cut off banks from transactions and customer data.
No. A system the enables users to pay for online games and page upgrades is a harmless niche.
Maybe. It depends on whether Facebook makes an aggressive move into ecommerce.
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