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The decision means the company must prepare to defend itself against allegations by the Federal Housing Finance Agency of wrongdoing in the sale of securities backed by residential mortgages.
November 20 -
Northfield Bancorp (NFBK), a mutual holding company in Avenel, N.J., is taking the final step in its conversion to a fully public company.
November 19 -
HSBC has named Prabhat Vira as head of trade and receivables finance for its commercial banking business in North America.
November 19 -
Sales of previously owned homes rose in October while the supply of homes for sale sank to its lowest in nearly a decade.
November 19 -
California credit union to let customers open accounts and originate loans on iPads.
November 19 -
The growth in hedge funds, private equity firms and other entities outside the regular banking system is leading one global group to call for stricter oversight of non-bank entities.
November 19 -
The Clearing House has named the top executives of two of the nation’s biggest banks to lead its supervisory board in the coming year.
November 16 -
Southwest Bancorp in Stillwater, Okla., has recruited veteran executive from BancFirst Corp. in Oklahoma City to be its new chief financial officer.
November 16 -
Huntington Bancshares (HBAN) has hired a veteran executive from Fifth Third Bancorp (FITB) to lead its international banking business.
November 16 -
The $1.1 billion-asset parent company of First Federal Savings Bank said late Thursday that First Security Bank of Owensboro has terminated a deal to buy four First Federal branches in Louisville.
November 16 -
Republic Bancorp (RBCAA) of Louisville, Ky., and FedFirst Financial Corp. (FFCO) of Monessen, Pa., are planning to return more of their capital to shareholders as the fiscal cliff looms.
November 16 -
The world's most popular web publishing platform has begun accepting Bitcoin, an international digital currency and payment system with no central issuing authority.
By Brian Browdie and Marc HochsteinNovember 15 -
A bill to protect the nation's critical infrastructure from cyberattacks has again failed to clear a congressional hurdle.
November 15 -
Foreclosure filings ticked up in October compared with the previous month but continued to decline on an annual basis, underscoring the fitful nature of the housing recovery.
November 15 -
A lawsuit by an American man who sought to hold Arab Bank responsible for injuries he sustained in a sniper attack in Israel cannot go forward, a federal judge in Brooklyn has ruled.
November 15 -
The quest for faster, iPad-based account openings continues at Artisans' Bank, a Delaware-based bank.
November 15 -
New guidance from the government may help banks and other financial institutions avoid running afoul of anti-bribery laws.
November 15 -
Republic Bancorp (RBCAA) of Louisville, Ky., and FedFirst Financial Corp. (FFCO) of Monessen, Pa., are planning to return more of their capital to shareholders as the fiscal cliff looms.
November 14 -
Fewer loan losses and higher fee income helped Carver Bancorp (CARV) in New York narrow its loss in the company’s fiscal second quarter.
November 14 -
U.S. Bancorp is beefing up its business that administers funds on behalf of investment managers with a deal to buy AIS Fund Administration, a provider of administration services for hedge funds.
November 14