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Banks with at least $10 billion of assets approved 14.9% of loans between $250,000 and $3 million in December, up nearly two percentage points from a month earlier and the highest rate in roughly a year, according to an index published Wednesday by Biz2Credit, which connects small and mid-size business borrowers with lenders.
January 11 -
Flagstar in Troy, Mich., provided misleading information about the condition of loans that backed securities insured by MBIA and led to big losses, MBIA's lawsuit says.
January 11 -
The U.S. Government is objecting to a proposal by Residential Capital to pay roughly $33.4 million in annual bonuses to employees.
January 11 -
Banks are turning to the National Security Agency for help mitigating DDoS attacks.
January 11 -
Risk management software vendor MetricStream has upgraded its software to work with two open-source databases.
January 11 -
Regulators may be getting ready to order JPMorgan Chase to bolster its safeguards against money laundering.
January 11 -
A type of cyberattack that has slowed websites at several large banks should be protected as a legal form of protest, according to a petition sent to the Obama administration.
January 10 -
The $11.5 billion-asset subsidiary of Umpqua Holdings Corporation (UMPQ) said Thursday that its private banking arm will expand service to Seattle and San Francisco.
January 10 -
The $196 million-asset bank in Mt. Dora, Fla., said Thursday it has opened a branch in Orlando that continues its commitment to the environment.
January 10 -
Hingham Institution for Savings in Massachusetts (HIFS) will soon have an island outpost.
January 10 -
Updates to Ellie Mae's Encompass360 software were written to accommodate the needs of Citigroup's mortgage arm.
January 10 -
Mortgage loans bolstered the Bank of South Carolina in the fourth quarter.
January 10 -
Washington Federal, a $13.3 billion-asset thrift, said Thursday that it will provide $250 million over the coming five years for community development in Oregon.
January 10 -
Bexil American Mortgage said Thursday it has completed its purchase of Castle Mortgage Corp. in Vestavia Hills, Ala.
January 10 -
North Jersey Community Bancorp has taken on a new identity.
January 10 -
The Federal Reserve Board has lifted a memorandum of understanding against First M&F (FMFC) in Kosciusko, Miss.
January 10 -
Securities regulators have charged three executives of a failed bank in Virginia with deceiving investors about the health of its loan portfolio at the apex of the financial crisis.
January 9 -
The New York Times reported that the long-time rumors that Iran is behind a swath of distributed denial of service attacks on banks are true.
January 9 -
The $13.2 billion-asset company said Tuesday it has joined with prepaid card manager TransCard to offer a MasterCard prepaid debit card as an alternative to traditional checking accounts.
January 8 -
The Minnesota bank raises hackles at the state's flagship university after it notified students that transactions with their native country may violate bank-secrecy laws.
January 8
