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An American Banker poll finds that only 10% of financial institution executives say reissuing cards is too expensive and inconvenient.
December 27 -
Banks got some regulatory relief in 2013 as federal regulators sharply curtailed their issuance of new enforcement actions.
By Chris Cumming and Sarah ToddDecember 27 -
BBVA Compass says 10% of its cardholders were affected by Target's data break-in.
December 27 -
Old National Bancorp (ONB) in Evansville, Ind., will pay a $500,000 fine in the process of satisfying a regulatory order to strengthen its anti-laundering controls.
December 27 -
WashingtonFirst Bankshares (WFBI) in Reston, Va., is the latest lender to divest securities on concerns about the Volcker Rule's controversial ban on collateralized debt obligations.
December 27 -
Susquehanna Bancshares (SUSQ) in Lititz, Pa., has sold 30 branches to a SunTrust Banks (STI) subsidiary and agreed to lease them back.
December 27 -
Anchor Bancorp Wisconsin in Madison plans to return to the Nasdaq through an offering of common stock after it restructured debt by filing for bankruptcy.
December 24 -
For the second time in a little over a year, regulators have punished the credit card giant for allegedly using deceptive marketing and unfair billing practices in selling add-on products.
December 24 -
American Express has been ordered by federal regulators to pay nearly $76 million to settle allegations that it used to deceptive marketing and unfair billing practices to sell credit card add-on products to its customers.
December 24 -
MutualFirst Financial (MFSF) in Muncie, Ind., has exited the Treasury Department's Small Business Lending Fund.
December 24 -
First West Virginia Bancorp (FWV) in Wheeling has shifted some of its leaders following the death of its longtime chief executive.
December 24 -
Investors Bancorp (ISBC) in Short Hills, N.J., plans to issue up to $2.5 billion of stock as part of its conversion from a mutual to a stock holding company.
December 20 -
Pacific Financial (PFLC) in Aberdeen, Wash., has named a new leader for its bank.
December 20 -
The Office of the Comptroller of the Currency has taken disciplinary action against the banking software provider Jack Henry & Associates for failing to get a processing center damaged by Hurricane Sandy up and running in a timely manner.
December 20 -
Palmetto Bancshares (PLMT) in Greenville, S.C., is combining its chairman and chief executive roles.
December 20 -
National Penn Bancshares (NPBC) in Boyertown, Pa., will take a fourth-quarter charge as it closes branches and prepares to move its headquarters.
December 20 -
Hudson Valley Holding (HVB) in Yonkers, N.Y., has hired a former regulator to be chief risk officer for its bank.
December 20 -
Bank of Commerce Holdings (BOCH) in Redding, Calif., continued to revamp its executive team by hiring Robert Muttera as chief credit officer.
December 20 -
Webster Financial (WBS) in Waterbury, Conn., has promoted Joseph Savage to president.
December 20 -
First Citizens Banc (FCZA) in Sandusky, Ohio, has raised $25 million to exit the Troubled Asset Relief Program.
December 20
