Consumer banking
Consumer banking
-
The popular German digital startup Fidor Bank has agreed to be acquired by Groupe BPCE, the second-largest French bank.
July 28 -
Iberiabank in Lafayette, La., neutralized the energy issues common to Gulf region lenders these days with a one-two punch of stronger fee income and robust, more profitable lending.
July 28 -
Multiple acquisitions weighed down quarterly profit at TowneBank in Suffolk, Va.
July 28 -
Banks need to improve their use of technology designed for small-business customers soon, or risk losing them.
July 28 -
The week Hillary Clinton made history for women by winning her party's presidential nomination, and newspapers everywhere featured her husband Bill in their front-page photos. (Go figure.) Fed governor Lael Brainard is being touted as a possible Clinton cabinet member. Sallie Krawcheck and Jenny Knott talk Wall Street then and now, and so does Barbara Byrne, whose stories you may find mirrored in the upcoming movie "Equity." U.S. Bancorp has family therapists for the ultra-rich. Plus, Claire Calmejane, Mary Callahan Erdoes and Beth Mooney.
July 28 -
The $1.8 billion-asset Sunflower expects to combine with the $2.2 billion-asset Strategic Growth to create a company with $3 billion in loans and 60 branches in Colorado, Kansas, Missouri, New Mexico and Texas.
July 28 -
A less discussed but arguably more important application of the blockchain is to help serve the unbanked masses, including refugees.
July 28 -
There may be bumps along the way, but PayPal, Mastercard and Visa all share the same goal, according to Mastercard CEO Ajay Banga.
July 28 -
Wells Fargo is facing a U.S. investigation into whether it improperly repossessed cars owned by members of the military, according to two people with knowledge of the probe.
July 28 -
Banks can borrow some of the best practices from mobile-first fintech firms in order to compete with startups for millennials.
July 28 -
Quarterly profit at CIT Group plunged after the in Livingston, N.J., company recorded $167 million in charges tied to its discontinued reverse-mortgage servicing unit.
July 28 -
Middlefield Banc Corp. in Ohio has agreed to buy Liberty Bank in Beachwood, Ohio.
July 28 -
The former C1 Financial chief, expected to play a critical role at Bank of the Ozarks, resigned just a week after his company's sale. Thanks to a lengthy noncompete, it could take years to determine his next move.
July 28 -
The Consumer Financial Protection Bureau released a plan Thursday to overhaul the debt collection industry that would limit collection attempts to six per week and require confirmation of a debt before contacting consumers. The plan, however, is not yet directed at banks and credit card companies.
July 28 -
The cybersecurity climate is already an all-hands-on-deck situation, so one more threat even one prompted by one of America's loudest voices may not matter.
July 27 -
President Obama called for Fannie Mae and Freddie Mac to be eliminated, but Democratic policymakers attending the convention in Philadelphia appear resigned to the fact that Congress is unable to act on housing finance reform.
July 27 -
First Citizens BancShares in Raleigh, N.C., reported higher quarterly profit that reflected a couple of one-time gains.
July 27 -
Brent Beardall, who has been with Washington Federal since 2001, was named president of the $14.8 billion-asset company and its primary banking unit and retains his job as chief banking officer.
July 27 -
United Community Banks in Blairsville, Ga., reported higher quarterly gains spurred by fee revenue.
July 27 -
As if high default costs haven't been challenging enough for mortgage servicers, a growing number of seriously delinquent loans are Federal Housing Administration products, which require significant upfront investment to resolve.
July 27




