Consumer banking
Housing advocates say a gap has opened between the relief the five big mortgage servicers agreed to provide under a $25 billion settlement and what borrowers are seeing on the ground.
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At Citigroup, CEO Corbat offers hints of strategic change. U.S. bank gives mobile bill pay a boost. In Washington, a Republican leaves and two Democrats rise.
December 7 -
Chicago will become the first city in the nation to provide the Consumer Financial Protection Bureau with information about local lenders' activities, including potentially fraudulent ones. The CFPB's Richard Cordray hopes other municipalities will follow suit.
December 6
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New Citigroup chief executive Michael Corbat has moved quickly to pare costs with 11,000 layoffs and a $1 billion charge. The market cheered, but longer term the question remains open whether Citi can shrink its way to prosperity.
December 5 -
Better communication can improve the relationship between banks and their regulators.
December 4 -
Citigroup has managed to train the chief executives of a number of leading banking and card network execs over the years, despite its well-documented troubles.
December 3 -
Small banks face a tough outlook for 2013, the Consumer Financial Protection Bureau warns credit reporting firms, Barney Frank's impact on banking.
November 30 -
Bigger banks are farming out broker-dealer services, as regulatory compliance costs rise.
November 29 -
Highly skilled leaders are in short supply among small banks these days. Attracting them comes down to making a compelling case that a bank's prospect are bright, says Rod Taylor.
November 28 -
From the C-suite on down, fundamental credit skills are as highly valued these days as more trendy specialties like risk management, says Rod Taylor.
November 28
