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Atlanticus is testing a debit card that converts to a credit card within three months if customers demonstrate financial responsibility.
November 8
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JPMorgan Chase agreed to settle a dispute with a London trader it fired during a spoofing probe and then refused to rehire after a judge said the investment bank had to give him his job back.
November 8
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Bank loans to private equity, mortgage companies as well as other lightly regulated — and increasingly volatile — industries have soared in recent years. The central bank says it needs to know how leveraged those borrowers are and how much risk they pose to the banking system.
November 7
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Average deposits at the Northern California bank are expected to decline again in the fourth quarter as startups' spending outpaces the venture capital investments they raise. CEO Greg Becker acknowledged the near-term headwinds but said the bank's fundamentals remain solid.
November 7
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Both sides in the litigation over 2012 Federal Housing Finance Agency amendments to stock purchase agreements say they're weighing their options.
November 7
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The Dallas company says it could repurchase as much as 8% of its common stock and still have the wherewithal to pursue an acquisition — all in an effort to strengthen its value in the eyes of investors.
November 7
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It came as a surprise to many housing experts that Asian, Black and Hispanic homeownership rates all jumped last year by more than 2 percentage points, according to quarterly Census Bureau data.
November 7
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Under Donna Bland's leadership, Golden 1 Credit Union has grown to more than 1 million members and is now the sixth-largest credit union in the U.S. by assets.
November 7
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Renée Sattiewhite has played a key role in the African American Credit Union Coalition for more than 20 years. "For me, if credit unions do not embrace DEI, they will die," she said.
November 7
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The Treasury and State departments have quietly urged banking giants including JPMorgan Chase and Citigroup to keep doing business with certain strategic Russian firms, according to people familiar with the situation. Some lawmakers have questioned whether these arrangements are sanctions loopholes.
November 7
