Consumer banking
Consumer banking
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Community bank executives are wary about the year ahead. Cybersecurity threats, the real possibility of even tighter margins after the Federal Reserve acts, and compliance woes are among their concerns.
December 11 -
Foreclosure filings - default notices, scheduled auctions and bank repossessions - were reported on 104,111 U.S. properties in November, a nearly 10% drop from the previous month and down more than 7% from a year ago.
December 11 -
Webster Financial has agreed to take over the leases of 14 Citigroup branches in the Boston area, which would more than triple its retail presence there.
December 11 -
California officials have opened a broad inquiry into the marketplace lending business, seeking data from industry participants that will be used to assess the effectiveness of the state's current regulatory regime.
December 11 -
TransUnion has acquired Trustev, an e-commerce ID and fraud protection startup based in Ireland, in a $44 million deal - including $21 million initially and $23 million more contingent on meeting certain targets.
December 11 -
Anchor Bancorp in Lacey, Wash., has named an accountant to its board, to settle a dispute with an activist investor.
December 11 -
American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms.
December 11 -
U.S. Bancorp has plucked longtime lending executive Tom Wind from EverBank Financial to run its mortgage business.
December 10 - Pennsylvania
Think your gingerbread house is impressive? Chances are it's got nothing on the gingerbread bank erected by PNC Financial Services Group.
December 10 -
The Dec. 2 mass shooting has shone a light on the sector's vulnerability to borrowers who, exploiting the absence of face-to-face contact on the Internet, lie on their loan applications.
December 10 -
Even though Walmart has been a key member and driving force behind the Merchant Customer Exchange joint venture to establish a new mobile wallet, the retailer's addition of Walmart Pay to its mobile app is consistent with strategy, and will lead to a wave of individual bank and retailer initiatives.
December 10 -
Industry groups representing a range of companies in retail, technology, financial services and utilities filed eight amicus briefs last week in a D.C. Circuit Court supporting challenges to the FCC's landmark ruling that expanded the agencys rules under the TCPA.
December 10 - WIB PH
JPMorgan Chase's Eileen Serra is giving up her CEO title (for a very interesting reason); CIT Group's Ellen Alemany is getting to work sooner than expected with a big housecleaning; and Meredith Whitney resurfaces with an insurance company. Plus, inclusion confusion, the "Person of the Year" (it's a woman for the first time in 29 years), and Saudi Arabia.
December 10 -
Strong financials were an important consideration behind the $1 billion merger, but it often takes more than good numbers to compel Korean-American banks to merge. Hanmi Financial found that out the hard way after its unsolicited bid for BBCN largely fell on deaf ears.
December 10 -
A large investor in 1st Source is planning to sell nearly $37 million of the South Bend, Ind., companys stock.
December 10 -
JPMorgan Chase has shuffled three top executives in credit cards, mortgages and mortgage servicing.
December 10 -
The $1.1 billion-asset company said in a press release Thursday that Thomas Vertin will also become its president on Jan. 1.
December 10 -
Southwest Bancorp in Stillwater, Okla., has cut ties with its chief banking officer and promoted three executives.
December 10 -
The best commercial lenders take enough interest in their clients to speak up when they see credit as not serving the long-term success of a company.
December 10 -
Sections of a new proposal from Missouri Attorney General Chris Koster to curb debt collection practices he believes are abusive has the support of the Missouri Collectors Association.
December 10




