Consumer banking
Consumer banking
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People hold up blockchain as the answer to many security issues, including Swift-related hacks and card-not-present fraud. But distributed ledgers have vulnerabilities, too.
August 18 -
Kinderhook Bank Corp. in New York said Wednesday that Scott Shallo, a member of the board since 2006, succeeded Brian Kelly as chairman.
August 18 -
Chad Ballard, who most recently served as BBVA Compass' director of mobility and new digital business technologies, has joined PNC Financial Services Group.
August 18 -
Heather Cox is moving to USAA; female regulators are gaining prominence in the online lending conversation; and asset managers are still fighting sexism at work (but then again, who isnt?).
August 18 -
Allied Bank in Mulberry, Ark., has been ordered to immediately raise capital or find a buyer to address its precarious capital position.
August 18 -
Banks in cities such as Seattle and New York are getting creative with branching, adding some that are smaller than modest apartments.
August 18 -
Pretty much every merger of insurers and banks since the Citi-Travelers deal has come undone, but today's conditions support new-style marriages that make sense for shareholders and customers.
August 18 -
United Bankshares in Charleston, W.Va., has agreed to buy Cardinal Financial in Tysons Corner, Va.
August 18 -
The spike in the Libor rate is a boon for banks that have lots of floating-rate loans tied to the well-known benchmark. Shifts in money market funds are the driver, with the big question being how long the run will last.
August 17 -
Banks have found a novel way to fend off fintechs plans to take them down: they are funding it. A new report shows corporate venture capital investors, such as those backed by banks, made up nearly a third of funding in the second quarter.
August 17 -
LoanDepot, a Foothill Ranch, Calif.-based company that offers mortgages, home equity loans and personal loans, has raised $150 million in term debt financing.
August 17 -
The $185 million-asset bank said in a press release Tuesday that it is offering 800,000 shares of its common stock at a price of $7.50 each.
August 17 -
The Consumer Financial Protection Bureau's choice for its new head of supervision and enforcement the No. 3 slot at the agency is raising eyebrows because of his political background and relative inexperience compared with similar positions at other regulators.
August 17 -
United Bankshares is in talks to acquire rival Washington-area lender Cardinal Financial, according to people familiar with the matter, as regional banks seek to pair up to counter low interest rates and mounting regulatory costs.
August 17 -
Net interest margins have only gotten tighter this year. Here is a look at the reasons why, how much some banks are hurting and what certain institutions are doing to relieve the pressure.
August 17 -
Like its peers, the San Francisco-based marketplace lender is struggling to manage the fallout of a sharp reversal in the interest of investors.
August 16 -
Needham Bank in Massachusetts is searching for a new chief executive just 14 months after its current leader took over.
August 16 -
Arch U.S. MI's acquisition of United Guaranty Corp. will make one of the smallest private mortgage insurers the sector's new market leader. While the move is likely to ease pricing competition among the six remaining players, it's not expected to set off a wave of further consolidation.
August 16 -
Some observers are concerned that borrowers in energy-dependent regions, in an effort to compensate for pay cuts, are becoming overleveraged. But lenders say they are being prudent.
August 16 -
Cloud-based core vendor Nymbus announced Monday it has completed a $12 million financing round.
August 16









