Consumer banking
Consumer banking
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More borrowers with spotty credit are failing to make monthly car payments on time, a troubling sign for investors who have snapped up billions of dollars of securities backed by risky auto debt.
February 24 -
WSFS Financial has been around nearly two centuries, and CEO Mark Turner is going for another two. Has he found the road map for success?
February 24 -
Instead of focusing on the effect of swipe fee rules on banks and credit unions, retailers should ask why the Durbin amendment hasnt produced the promised cost savings for their consumers.
February 24 -
Midland States Bancorp in Effingham, Ill., has agreed to buy about $400 million in wealth management assets from Sterling Bancorp in Yonkers, N.Y.
February 24 -
WASHINGTON Despite dire predictions by banks and others that new mortgage rules by the Consumer Financial Protection Bureau would cut off access to credit, the industry is performing well two years after the regulations went into effect, according to the agency's top official.
February 23 -
Mechanics Bank in Walnut Creek, Calif., has entered the residential mortgage market and hired a banker to lead the new loan group.
February 23 -
JPMorgan Chase chief Jamie Dimon added to his defenses of megabanks, arguing that regional and community banks rely on them. The comments could inflame tensions among banks instead of easing them.
February 23 -
BBVA has recruited Simple co-founder Shamir Karkal to build a platform that would open the bank's application program interfaces to outside fintech companies.
February 23 -
The Consumer Financial Protection Bureau on Tuesday hit Citigroup with $8 million in fines and restitution for allegedly selling credit card debt with inflated interest rates and failing to send consumer payments to debt buyers.
February 23 -
On the one hand, the FDIC's Quarterly Banking Profile showed how normal banking is again. But there were also worrying signs, including an increase in chargeoffs, higher loan-loss provisions and fears of the impact from the energy sector.
February 23 -
Univest in Souderton, Pa., has hired Megan Duryea Santana as general counsel for the company and its banking subsidiary, Univest Bank and Trust.
February 23 -
Shares in the online small-business lender plunged Tuesday after the firm's 2016 revenue guidance fell short of expectations. New details about the firm's plans to provide its technology to big banks did nothing to stanch the bleeding.
February 23 -
Yes, all the big banks are paring their balance sheets to comply with new rules and axing expenses to please shareholders, but JPMorgan is simultaneously targeting affluent cities for branch and deposit growth.
February 23 -
Investor days are increasingly more revealing than overly scripted annual meetings. From retail banking growth to credit headaches, here are some data highlights and executive insights from JPMorgan Chase's 2016 presentations in New York Tuesday.
February 23 -
Chase Pay, JPMorgan Chase's mobile wallet, has just landed an unlikely early partner with a history of going it alone: Starbucks.
February 23 -
Violations of state and local debt collection statutes arent violations of the Fair Debt Collection Practices Act, the U.S. Court of Appeals for the Second Circuit ruled Monday.
February 23 -
A TransUnion analysis found that prior evictions and rental-related collection records are highly predictive of future evictions.
February 23 -
Taiwan-based computer hardware maker ASUSTeK Computer Inc. agreed to settle FTC charges that critical security flaws in its routers put the home networks of hundreds of thousands of consumers at risk.
February 23 -
A bill passed by the Wisconsin state legislature last week alters consumer law to ease regulations for debt collectors.
February 23 -
Hampton Roads Bankshares agreed to take Xenith Bankshares' name and move to the seller's Richmond, Va., headquarters as part of a recent deal. The move gives the surviving company heft in a growing market that is attractive to other potential acquirers.
February 23








