Oil at $50 per barrel will almost definitely create problems for banks in oil-producing regions as well as Wall Street financial institutions that finance the sector. Analysts already forecast the price of crude will fall that low — the only other question is how long it might last.

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Curt Culver has got a lot to keep him busy after he steps down as Mortgage Guaranty Insurance Corp.'s CEO, including serving on the board of his family's eponymous restaurant chain.

Ed Clark took Toronto-Dominion Bank from nowhere in the U.S. to the nation's 15th-largest bank holding company in a single decade — but his even-keeled, conscientious leadership philosophy is perhaps his most valuable legacy.
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Citigroup's plans for a $2.7 billion charge this quarter may signal the beginning of the end of high legal bills for itself and other banking companies.

Some banks offer better mobile apps than others, although there is time to recover because most consumers are not quite ready to switch banks yet based on app quality.

BBVA's purchase this week of Madiva Soluciones will help it solve customer analytics problems. But more importantly, it brings the bank a stable of experienced data scientists.

Renaud Laplanche is a happy if somewhat tired man. The company he founded, Lending Club, exceeded most expectations by closing its first day of public trading at $23.43 after starting at $15.

Earlier opposition to the idea appears to have eased in the wake of a new proposal that would use interbank fees to cover the cost of technological upgrades.

Banks would have to upgrade their systems to accommodate faster transactions, and originating banks would pay the receiving financial institutions a fee to cover those costs, under a plan from Nacha, the industry group that sets ACH rules.

Most big companies achieve success by squeezing vendors, lowering prices, improving efficiency and giving consumers what they want. But in the topsy-turvy world of banking, the most disliked financial institutions end up at the top of the food chain.
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The Department of Housing and Urban Development's support for the widow of a home equity conversion mortgage borrower has broad implications for consumers and lenders.

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