Iris Ouyang is an intern reporter for American Banker who covers breaking news and writes about financial regulation issues and fintech. She is a graduate student at the Medill School of Journalism at Northwestern University. Prior to joining American Banker, she has covered the Democratic National Convention for USA Today and has reported for MarketWatch, U.S. News & World Report, UPI, PC World, Phoenix New Media and Caixin.com.
Square 1 Bank, a unit of PacWest Bancorp, has hired two financial services veterans to expand its banking services for venture capital and private-equity firms and named a new leader of that practice.
Heartland Financial USA in Dubuque, Iowa, has named Jack Lloyd president of its residential mortgage business.
WASHINGTON Rep. Scott Garrett, R-N.J., is demanding answers from the Federal Reserve Board on whether one of its board member's political ties to the presidential campaign of Hillary Clinton compromises the central bank's independence.
Navy Federal Credit Union, the largest credit union in the country, agreed Tuesday to pay $28.5 million to settle regulatory allegations it engaged in illegal debt collection practices.
WASHINGTON Navy Federal Credit Union, the largest credit union in the country, agreed Tuesday to pay $28.5 million to settle regulatory allegations it engaged in illegal debt collection practices.
The 1.35% delinquency rate was the lowest since at least 2001, and it marked nearly four years of delinquencies below the 15-year average of 2.21%.
Information security, internal controls, workforce planning and building renovations are priorities that the Consumer Financial Protection Bureau should quickly address, its inspector general said last week.
Information security, internal controls, workforce planning and building renovations are priorities that the Consumer Financial Protection Bureau should quickly address, its inspector general said last week.
Capital One Financial plans to start issuing credit cards for the outdoor equipment chain Cabela's under a deal connected with the retailer's expected sale to Bass Pro Shops.
A federal judge has silenced at least temporarily a whistleblower who brought charges of misconduct at the parent company of Bank of Internet USA in San Diego.