-
B of A scraps a scholarship program for graduating high school seniors in California; Wells Fargo appoints a new senior manager for its agribusiness lending group; and more.
February 24 -
Quicken Loans court case serves as a stark example of how mortgage lending can turn into fraud; subsidies for homeownership gets support from an economist at the Cleveland Fed; and more.
February 23 -
Synovus Financial Corp. is reportedly entertaining the idea of a sale. The Columbus, Ga., bank has sought the advice of investment bankers on its strategic options, including a possible sale, The Financial Times reported Wednesday, citing unnamed sources familiar with the matter.
February 23 -
For all the budget woes of state and local governments, banks see them as good clients. Most market experts say there are plenty of investment-grade municipalities to court.
February 23 -
In part 1 of 2, bankers and analysts warn about the need to reassess portfolios and of the threat to underwriting fees.
February 22 -
This month, Bank of America began charging customers a $3 monthly fee if they elect to receive images of their cancelled checks along with their statements.
February 21 -
This month, Bank of America began charging customers a $3 monthly fee if they elect to receive images of their cancelled checks along with their statements.
February 18 -
Citi's Pandit says trust me on loan valuations, but JPM's Dimon says banks might do "stupid things" with excess capital; B of A kids' academy in Fla. to close; Huntington steals a rival; and more.
February 17 -
Lending Club Corp., which operates a peer-to-peer loan website, announced Tuesday that borrowers can now request loans for up to $35,000, a $10,000 increase over the previous limit.
February 15 -
SunTrust Banks Inc. said Friday that Larry L. Prince and Karen Hastie Williams will retire this year from the board of directors at the Atlanta company.
February 13 -
The Chicago credit bureau TransUnion LLC has introduced two scores designed to help debt collectors target consumers who are most likely to make payments.
February 10 -
At the end of March it will become a lot easier to get a clear view of banks' auto loan holdings. That's when regulators will begin requiring banks to break down the auto loans on their books.
February 8 -
The steady growth in auto lending that banks have enjoyed over the past year may become less of a sure thing in coming quarters as more companies fight for a piece of the action.
February 8 -
Bank of America announced the establishment of Legacy Asset Servicing to oversee the servicing of all defaulted residential mortgage loans and discontinued lending products.
February 4 -
The Charlotte banking company announced Friday the establishment of Legacy Asset Servicing to oversee the servicing of all defaulted residential mortgage loans and discontinued lending products.
February 4 -
Company's solid performance helps BB&T chief sleep well — literally; questions abound after a firm names Bank of America No. 1 brand; PNC chief receives Horatio Alger award; and more.
February 3 -
Though the industry's go-to barometer for measuring credit costs for the last two years — provisions to cover future losses — are falling, other problem-loan expenses are elevated or getting higher.
February 2 -
Wikileaks' Julian Assange laughs at "squirming" banks; sobering scene at a Wells Fargo loan-mod workshop; remembering those subprime-era pop-up ads.
February 2 -
Regions Financial Corp. just can't seem to elude questions about the Troubled Asset Relief Program and its capital levels.
February 1 -
The student loan provider SLM Corp. on Monday named Paul Thome the president of its retail bank subsidiary, Sallie Mae Bank.
January 31
