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The lender, formally known as SLM Corp., said universities can now disburse financial aid and tuition refunds to the checking accounts so students have near-immediate access to the funds.
By Sara LeproMarch 21 -
Citigroup hires longtime marketing exec as chief brand officer; BB&T offers two contestants a "shot" to win $1 million; and more.
By Heather Landy and Sara LeproMarch 17 -
TD Bank's redesigned checking lineup is widely varied but has a common thread — for five of its six new accounts, paper statements can cost a dollar a month.
By Sara LeproMarch 15 -
The leak of supposedly damaging documents by a former Bank of America employee through online hacker group Anonymous was anticlimactic. But the attention it received underscored how vulnerable an organization can be to targeted attacks on its reputation.
By Sara Lepro and Jeff HorwitzMarch 14 -
B of A execs joust with heckler on taxes; community banks are weak prey, US Bancorp CEO says; Citi gets its game on with 2012 Olympics sponsorship.
March 10 -
At once soft-spoken and matter-of-fact, Bank of America CEO Brian Moynihan sat down with American Banker to talk about his first year at the helm.
By Sara LeproMarch 10 -
Mortgages typically are not advertised on television alongside acne creams or exercise DVDs, but the West Coast lender Paramount Equity Mortgage Inc. thinks the infomercial is the perfect tool to generate leads.
By Sara LeproMarch 8 -
Brian Moynihan sought to usher in a "new era" for B of A Tuesday, asserting that the bank would move away from a culture of growth by acquisition to one focused on organic growth.
By Sara LeproMarch 8 -
Brian Moynihan ushered in a "new era" for Bank of America Corp. Tuesday, asserting that the nation's largest bank by assets would move away from a culture of growth by acquisition to one focused on organic growth.
By Sara LeproMarch 8 -
Mortgage loans aren't typically advertised on TV alongside acne creams or DVDs of the latest workout craze, but one lender thinks the infomercial is the perfect tool for new leads.
By Sara LeproMarch 7 -
Bank stocks are up this year, with giddy investors anticipating a flurry of M&A activity, but that may have actually slowed what could have otherwise been a steady pipeline of deals.
By Sara LeproMarch 4 -
Bank stocks are up this year, with giddy investors anticipating a flurry of M&A activity, but that may have actually slowed what could have otherwise been a steady pipeline of deals.
By Sara LeproMarch 4 -
A battle is brewing over Muhammad Yunus' role at Grameen Bank, the microfinance pioneer he founded in Bangladesh in 1976.
By Sara LeproMarch 3 -
The New York Fed's president trumpets his odyssey…to an outer borough; it's always sunny in Florida for Regions' CFO; TCF exec exhibits religious zeal in fight against the Fed; and more.
March 3 -
A spokeswoman confirmed Tuesday that Regions Financial will no longer accept new enrollments in its Relationship Rewards program as it braces for the impacts of the Durbin rule.
By Sara LeproMarch 1 -
A closer examination of B of A's $20 billion goodwill charge on its card portfolio shows it was less a foreshadowing of further credit problems, and more a warning of the risks ...
By Sara LeproMarch 1 -
Bank of America Corp. plans a "modest" increase to its dividend in the second half of this year, pending approval by the Federal Reserve.
By Sara LeproFebruary 26 -
An internal review at SunTrust has revealed problems in the way 4,000 foreclosure proceedings were handled, prompting it to refile documents in courts.
By Sara LeproFebruary 26 -
Bank of America Corp. plans a "modest" increase to its dividend in the second half of this year, pending approval by the Federal Reserve.
By Sara LeproFebruary 25 -
An internal review at SunTrust has revealed problems in the way 4,000 foreclosure proceedings were handled, prompting it to refile documents in courts.
By Sara LeproFebruary 25


